News
Tools of the trade
Cost-cutting. A combination of words warmly greeted in the offshore wind industry and for that matter also the outcome of marine service provider Houlder’s pile upending tool recently delivered for work on the Rampion Offshore Wind Farm development, off the Sussex coast in the English Channel. Const
Avance Gas sells veteran LNG carrier
Oslo-based VLGC operator, Avance Gas on Friday said it has reached a deal to sell the liquefied natural gas (LNG) carrier Gaea. The 1980-built 126,530-cbm LNG tanker is expected to be delivered to an undisclosed owner in December this year, according to a statement by Avance Gas. “The sale proceeds
Bechtel hands over Sabine Pass LNG Train 2 control to Cheniere
Cheniere Energy said that, on Thursday, substantial completion of the second liquefaction train at the Sabine Pass facility in Cameron Parish, Louisiana, has been achieved.
Report: ConocoPhillips finds buyer for offshore block in Indonesia
Indonesian energy company Medco is reportedly on the verge of acquiring ConocoPhillips’ stake in the Natuna Sea offshore block in Indonesia. ConocoPhillips operates the offshore South Natuna Sea Block B with a 40 percent stake. The area has three producing oil fields and 16 natural gas fields in var
Energy Investments Moving Towards Renewables
Global energy investment fell by 8% in 2015, with a drop in oil and gas upstream spending outweighing continued robust investment in renewables, electricity networks and energy efficiency, the International Energy Agency (IEA) said in a new report. The World Energy Investment 2016 (WEI 2016) report,
Port of Long Beach Sees Lower August Volumes
US Port of Long Beach (POLB) recorded an 8.9 percent decrease in its container throughput in August 2016, handling 641,029 TEUs against 703,652 TEUs in the same month last year. Of those, 321,625 TEUs were import containers, which were down 10.2 percent, compared to 358,262 TEUs in August 2015. Augu
Hokkaido Gas to commission second Ishikari LNG storage tank
Japan’s Hokkaido Gas on Friday informed its second liquefied natural gas storage tank recently completed at the Ishikari LNG import terminal on Hokkaido, is set to start operation with the arrival of first cargo over the weekend.
German Company Proposes 865.2MW OWF Featuring Siemens 8MW Turbines
A Bremen-based company, OWP Gennaker GmbH, proposes to set up a new offshore wind farm in Germany, which would be located in the Baltic Sea and would comprise 103 Siemens SWT-8.0-154 turbines with Power Boost that will increase the maximum rated output of the turbines to 8.4MW. The 865.2MW Gennaker
Port of Virginia Halts Hanjin Import Cargo Movement
All terminals at the US Port of Virginia are closed for import loads from South Korean shipping company Hanjin Shipping, effective immediately, following the company’s decision to file for court receivership. However, Hanjin’s empty containers are not affected by this decision and the port will cont
Wartsila, PLN to develop LNG power generation in Indonesia
Finnish engine manufacturer Wärtsilä and Perusahan Listrik Negara, the state power company of Indonesia on Friday signed a deal to cooperate on the development of 500 megawatts of power generation solutions and related small scale LNG storage and regasification infrastructure in Indonesia. This powe
Offshore Wind in Spotlight at 13th EEEGR Awards
East of England Energy Group (EEEGR) held its 13th annual awards on 14 September, recognising achievements and developments that have highlighted the energy sector over the last 12 months. The ‘Made in Lowestoft’ Dudgeon Offshore Wind Farm Offshore Substation designed and manufactured by Sembmarine
GALLERY: ‘ALP Striker’ completes sea trials
The ultra-long distance towing and anchor handling vessel ALP Striker has completed its sea trials off Pohang, South Korea. The ALP Striker was constructed by Niigata Shipbuilding & Repair, Japan. It is the first of four ultra-long distance towing and anchor handling vessels for ALP Maritime Service
EIA: Henry Hub price climbs
Natural gas spot prices in the United States were mixed in the week ending September 14 with the Henry Hub price rising 22¢ from last Wednesday, the Energy Information Administration said in its weekly report. The Henry Hub spot price rose from $2.82/million British thermal units (MMBtu) last Wednes
Port of Los Angeles Enters Sustainability Bond Market
Californian Port of Los Angeles has issued USD 35.2 million in green bonds as part of a larger debt refinancing completed this week, marking the first time a US port has entered the sustainability bond market. The green bonds are part of an overall USD 201.6 million bond issue that will net the port