News
Ageing storage sites make British gas market more prone to price spikes
Britain faces a growing risk of spikes in wholesale gas prices as ageing storage facilities mean increased maintenance and greater reliance on imports to meet spot demand.
Engie opens research centre in Singapore
French utility and LNG player Engie said Monday it has opened its first Asia-Pacific research centre in Singapore. Engie Lab Singapore, supported by the Singapore Economic Development Board (EDB), will act as a “regional hub for energy innovation and technology in Southeast Asia”, Engie said in its
Statoil, EQT close Marcellus shale assets deal
Norway’s Statoil completed the transaction agreed with EQT Corporation for the sale of its non-core operated Marcellus assets in the US state of West Virginia.
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (July 04 – July 10). Saipem said it has been awarded new contracts and variation orders in E&C offshore, for an overall amount in excess of 1.5 billion euros. The most significant contract relates to t
Popular news, July 4 – 10, 2016
Popular news, July 4 – 10, 2016
Top news of the week July 4-9, 2016
Australia: Ichthys LNG tank platforms installed The Inpex-operated Ichthys LNG project in Australia said it has completed the two “most complex” heavy lifts to date at Bladin Point near Darwin. Chevron ships second Gorgon LNG cargo Energy giant Chevron confirmed it has shipped the second cargo from
Top News of the Week Jul 4 – 10, 2016
DONG Energy Winner of Dutch Borssele I & II Tender DONG Energy will build Dutch offshore wind farms Borssele I and II. Siemens Rolls Out 8MW Wind Turbine Siemens has expanded its portfolio with an 8MW offshore wind turbine. Borssele 1&2 World’s Cheapest Offshore Wind Farm The cost of building and op
Shell CEO warns Brexit could slow $30 billion asset sale plan
Royal Dutch Shell’s chief executive, Ben van Beurden, has told investors that Britain’s decision to exit the European Union could slow its $30 billion (23 billion pounds) asset sale plan, especially in the North Sea which had struggled to attract buyers for years.
Platts: Qatari LNG exports to India, Pakistan rise in H1 2016
Liquefied natural gas deliveries from Qatar to India and Pakistan jumped 46 percent year on year due to lower demand from East Asia and higher output.
German Parliament Approves EEG Reforms, Wind Development Limited
German parliament today approved an amended Renewable Energy Sources Act (EEG 2016), which replaces feed-in tariffs with competitive auctions and limits wind energy deployment to allow for the grid development to catch up. The offshore cap, which will apply from 2021-2030, will vary from year to yea
Jobs lost as Boskalis takes 14 offshore vessels out of service
Royal Boskalis Westminster N.V. is taking out of service 14 vessels from its offshore energy division and accordingly reducing its workforce. The decision comes following the company’s completion of fleet rationalization study announced earlier this year. The study was initiated in light of deterior
LR Presents Ship Autonomy Classification Scale
With autonomous ships expected to enter service soon, Lloyd’s Register has issued a new ShipRight procedure which places these vessels in six different categories based on levels of their autonomy. The guidance describes autonomy levels (AL) ranging from ‘AL 1’ to ‘AL 6’ denoting a fully autonomous
Vattenfall Looking for Designer of Foundation Accessories
Vattenfall has issued a call for tenders for the design of secondary and tertiary structures and electrical outfitting on offshore foundations such as monopiles and jackets. This includes items such as boat landings, ladders, platforms, railings, crane, skirts, attachments for corrosion protection s
ALE Starts Load-Out of Navantia’s Wikinger Jackets
Heavy-lifting specialists ALE today reported that it had performed the first load-out of jacket foundations for the Wikinger offshore wind farm. The first jacket, weighing 625t, was loaded-out using self-propelled modular transporters (SPMTs) and a CC8800 crawler crane in Ferrol, Spain. ALE has been