News
Sophia Rescues 20,000 in 13 Months
European naval forces involved in EUNAVFOR MED operation Sophia have rescued 20,000 people in the Mediterranean since the start of the operation in June 2015. Among 20,000 saved lives at sea, there were 1,040 children and 19 babies. 719 migrants were saved yesterday in a joint effort of EUNAVOR MED
CSL to tap into LNG carrier building market with newly approved dry dock
Cochin Shipyard on Wednesday received approval from the Cabinet Committee on Economic Affairs to build a new dry dock at the shipyard to enable construction and repair of larger vessels such as LNG carriers.
LNG Limited makes cuts at executive level
Liquefied Natural Gas Limited on Thursday said it is reducing headcount by 13 employees, including one consultant, based in Australia, Indonesia and the U.S.
Chevron inks LNG deal with China’s JOVO
U.S.-based oil and gas giant Chevron said it has signed a deal to supply liquefied natural gas to JOVO, a privately-owned Chinese energy company. Chevron’s wholly-owned subsidiary, Chevron U.S.A. Inc., has signed a key terms agreement with Singapore Carbon Hydrogen Energy Pte. Ltd., a unit of JOVO,
Peru ships more LNG to Mexico
Natural gas liquefaction and export facility at Pampa Melchorita, Peru, recently dispatched another cargo to Mexico.
Fraunhofer IWES Surveys Enable Construction of Arkona OWF
E.ON and Statoil gave the green light to the construction of the 385 MW Arkona Becken Südost wind farm, 35 km northeast of the island of Rügen. The use of seismic surface surveys made it possible to stick to schedule on the EUR 1.2 billion project despite changes to the wind farm design – 60 turbine
Not luxury, but necessity in DP systems
Knowing where you are and staying there within a certain degree of accuracy is no longer just a luxury but a necessity in offshore installation and maintenance work. The ability to get men and equipment onto wind turbine installation as and when required during installation or during operation for m
Update: Chevron’s Gorgon LNG plant nearing restart
Chevron’s US$54 billion Gorgon project on Barrow Island is close to restarting liquefied natural gas production after a “minor gas leak” halted production at the beginning of the month.
Wikinger Foundations Installation Nearing Halfway Mark
Almost half of the foundations have already been laid at the 350MW Wikinger wind farm, which is being built in German waters of the Baltic Sea, Iberdrola reported today as part of its results for the first half of the year. Iberdrola’s Renewables business unit recorded an EBITDA of EUR 836.5 million
Halliburton swings to $3.2 billion loss
Halliburton, one of the world’s largest oilfield services providers, on Wednesday posted a loss for the second quarter of 2016, compared to a year-earlier profit, impacted by a failed merger with its rival Baker Hughes. The company swung to a $3.21 billion loss in the second quarter of 2016, versus
Total responds to ExxonMobil bid for InterOil
Total of France responded to a competing offer made by the U.S.-based energy giant ExxonMobil to acquire InterOil Corporation.
Mexico makes first call for shallow water blocks
Mexico has launched the first call for the upcoming Round 2 bidding round, covering 15 offshore blocks, to be held in the first quarter of 2017. Successful bidders for the blocks located in shallow water of the Gulf of Mexico will sign a production sharing contract for 30 years with two possible ext
Report: Failed Coup Will Not Delay Bosporus By-Pass Canal Plans
The failed military coup will not delay Turkey’s plans to construct a 48-kilometer ship canal, the Kanal Istanbul, which would serve as a by-pass for the Bosporus Strait, the country’s president Recep Tayyip Erdogan was quoted by Platts as saying. Back in April, the Turkish parliament adopted new le
Hawaiian Electric withdraws LNG applications with PUC
Hawaiian Electric Companies withdrew its application for the approval of its LNG supply deal with Fortis Hawaii Energy, following the Hawaii Public Utilities Commission’s dismissal of the company’s merger with NextEra.