News
France’s Elengy hits LNG reload milestone
French LNG terminal operator Elengy said it has recently reloaded its 50th cargo of liquefied natural gas (LNG). Elengy started offering reloading services back in April of 2012 with first reload taking place at the Montoir-de-Bretagne LNG terminal located on the French Atlantic coast. The latest ca
Outlining Deutsche Windtechnik’s approach
Brandt’s passion for the renewables business was evident before he started his career. In 1999, he decided to do his masters in wind farm development focusing on large-scale wind farms. Then after managing several wind technology servicing units he joined Deutsche Windtechnik in 2004 becoming direct
VIDEOS: Armada LNG Mediterrana Enters Maltese Waters
Armada LNG Mediterrana, the Floating Storage Unit (FSU) owned by Malaysia-based offshore oil & gas services provider Bumi Armada, arrived in Malta on October 10, 2016, where she will provide storage facility and supply gas to the country’s Delimara power station. The 1985-built vessel, former Wakaba
Oil eases off four-month high as speculators doubt deal to cut output
By Karolin Schaps LONDON (Reuters) – Oil eased off four-month highs on Monday as doubts that oil producers can reach a meaningful output cut deal prompted some speculators to unwind bullish bets. Global benchmark Brent crude futures <LCOc1> were down 9 cents at $51.84 a barrel at 1029 GMT, around 2
Saudi Arabia’s Falih says OPEC should not crimp supply too tightly
ISTANBUL (Reuters) – Saudi Arabia’s Energy Minister Khalid al-Falih said on Monday that OPEC should not crimp oil supply too tightly and said he was optimistic a global production deal to limit supplies could be reached by November. Speaking at the World Energy Congress in Istanbul, Falih said OPEC,
KBR wins Singapore LNG terminal expansion feasibility study
LNG Engineer, KBR, on Monday, said it won a feasibility study that includes the possible expansion of the Singapore LNG Corporation’s liquefied natural gas terminal on Jurong Island.
BIMCO: UK Seaborne Coal Import Down by 64 Pct
The main exporters of thermal coal for coal-fired power plants to the United Kingdom have experienced a heavy decline in seaborne cargo volumes in 2016 as a result of the UK close to doubling its Carbon Price Floor (CPF), according to BIMCO. Russia, Colombia and the United States have been the top c
Canadian court approves ExxonMobil-InterOil deal
Papua New Guinea-focused player InterOil on Monday said that the $2.5 billion takeover deal by U.S.-based energy giant ExxonMobil had been approved by a Canadian Supreme Court. The Supreme Court of Yukon approved the pending transaction after the close of business on October 7 finding that the trans
3D visualization of monopile installation process
3D visualization of monopile installation process
Super Puma flight ban stays in UK and Norway
A ban on all flights of Airbus Helicopters’ Super Puma EC225LP and AS332L2 remains in place in Norway and UK despite a lift of the temporary suspension by the European Aviation Safety Agency (EASA). To remind, the EASA informed on Friday it was lifting the temporary ban on the Super Puma EC225 LP an
Spotted: Hawk Swoops Up Transocean Winner
Transocean Winner, the oil rig that grounded near Scottish Carloway in August and that was subsequently towed to Broad Bay, was loaded onto the semi-submersible heavy lift ship Hawk on October 7, 2016, ready to depart the UK. The UK Maritime and Coastguard Agency (MCA) verification aircraft was on s
Tankers Flock Under Marshall Islands Flag
The Republic of the Marshall Islands (RMI) Registry attained the status as the world’s largest tanker fleet with additional tonnage joining the registry from markets in Greece, the United States (US), and Asia. The RMI flagged tanker fleet now stands at 44.6 million gross tons (GT), while the regist
Update 3: US East Coast Ports Reopen After Matthew
Following the passing of Hurricane Matthew, seaports in North Carolina, South Carolina, Georgia and Florida are returning to normal operating conditions. The North Carolina State Ports Authority said the Ports of Wilmington and Morehead City will return to a normal operating schedule on October 10,
Advertorial: TLQ solutions as wind farms venture further offshore
John Verdonk Business Unit Manager Offshore Temporary Living Quarters at Seafox As wind farms go further and further offshore into more challenging waters and harsher environments, the industry is developing a number of solutions to cope with the demands of the wind farm’s initial construction perio