News
DW: new developments to shake up LNG market
Recent development in the LNG market is expected to have a significant impact on both the construction of LNG carriers and the primary LNG trading routes, according to Douglas-Westwood (DW).
LNG bunkering facilities planned for Germany’s Port of Lubeck
Lübecker Hafen-Gesellschaft, Germany’s largest port operator on the Baltic Sea that runs the public ports of the Hanseatic City of Lübeck, and Lübeck Port Authority signed a letter of intent with Russia’s LNG Gorskaya to set up LNG bunkering facilities. Under the deal, the companies plan to set up a
New Zealand makes first step in awarding new oil & gas exploration permits
New Zealand’s Energy and Resources Minister Simon Bridges on Monday announced the start of the Block Offer 2017 process for awarding oil and gas exploration permits. Each year, the government of New Zealand runs the Block Offer in which companies are invited to tender for permits to explore for oil
Quadrant readies wireline operations at Roc-2
Australia’s Quadrant Energy has drilled its Roc-2 well, offshore W. Australia, down to a total depth of 5,290 meters measured depth and the rig is preparing to run wireline logging tools. It is expected that wireline operations, including wireline formation testing, will be undertaken over the next
‘Here Comes The Sun’ Joins the Amels Fleet
Amels launched Here Comes The Sun, the first yacht in the Limited Edition (LE) 272 series. The first 83-metres, and the largest yacht built by Amels to date, was towed by two tugs, from drydock to the outfitting quay on the 30 June. Montkaj, launched in 1995, was previously the largest Amels yacht,
Settlement Reached for Shen Neng 1 Damage to Great Barrier Reef
Shenzhen Energy Transport Company, the owner of Shen Neng 1, a Chinese coal carrier which ran aground at the Great Barrier Reef in April 2010, has reached an agreement to pay $39.3 million to the Australian Government for remediation costs. The settlement is much lower of what the Government, report
Santos names new CFO
Australian LNG player, Santos on Monday said Anthony Neilson has been appointed as the new chief financial officer.
Tidewater gets more time from lenders
Tidewater, a provider of offshore service vessels (OSVs) to the global energy industry, has received an extension from lenders to sort out its debt arrangements. Tidewater has experienced a significant decline in the utilization of its vessels, average day rates received, and vessel revenue due to a
Cheniere’s Sabine Pass Liquefaction plans new US$1 bln senior notes offering
Cheniere Energy Partners, a limited partnership formed by Cheniere Energy, informed that its Sabine Pass Liquefaction unit intends to offer US$1.0 billion principal amount of Senior Secured Notes due 2027.
Subsea UK annual conference to discuss advances in ROV industry
Subsea UK’s 2016 Underwater Vehicles Conference in Aberdeen will discuss various topics including advances in Remotely Operated Vehicles (ROVs), autonomous inspection technology, and the challenges caused by a sustained low oil price. Subsea UK said on Monday that the conference, formally known as t
New AHTS joins Vroon fleet
Dutch shipping company Vroon took delivery of its new anchor-handling tug supply (AHTS) vessel the VOS Champion at the end of August in Fujian, China. The vessel left Fujian Southeast Shipyard (FSES) last week at the start of its journey to Thailand. VOS Champion is a 65m AHTS vessel and one of six
Popular news, September 12 – 18, 2016
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Top news of the week September 12-17
Air Products ships first LNG heat exchanger from its new Florida facility LNG equipment maker Air Products on Friday rolled out the first completed liquefied natural gas (LNG) heat exchanger manufactured at its new production facility in Manatee County, Florida. Wood waste spill at Woodfibre LNG sit
Boston Energy to Back Siemens’ Dudgeon Pre-Assembly Ops
Boston Energy will support Siemens’ pre-assembly works for the 6MW Dudgeon offshore wind project at Alexandra Dock in Hull. Technicians from Boston Energy will commence operations on site from October 2016, backing the Siemens team on the dockside at Hull Pre-Assembly site. Adrian Yeaman, Operations