“The Fossil Fuel Economy; How oil prices affect everything” is the title of an infographic, sent to Offshore Energy Today by Vouchercloud. Vouchercloud carried out a research to investigate how the price of oil has had a huge effect on the global economy and how it impacts our lives in general. The
The shipping rates to transport Liquefied Natural Gas have fallen to around USD 50,000 a day, the lowest in over four years, Bloomberg reports. The rates of shipping LNG are heading towards further decline, and are almost three times lower than in 2012, when daily rates surged to USD 140,000. Lower
The Society for Gas as a Marine Fuel (SGMF) has released its first edition of the LNG Bunkering – Safety Guidelines. The objective of the guidelines is to provide the bunkering industry with the best practices in order to ensure that gas- fuelled ships are re-fuelled with high levels of safety, inte
Qatar Gas Transport Company posted a net profit for the year ended December 31st 2014 of QR 895 million compared to QR 730 million achieved for the year 2013, an increase of 23%.
Qatar Gas Transport Company posted a net profit for the year ended December 31st 2014 of QR 895 million compared to QR 730 million achieved for the year 2013, an increase of 23%.
Global TEU volumes increased by 4% in 2014 to 135.4 million TEUs, the Port of Rotterdam Authority reports. Inter‐continental trade rose by 3.4%, while intra‐regional volumes increased by 5.4% to 30.4 million TEUs. 2014 TEU volumes carried to and from Europe (including all countries bordering the Med
Iran’s president Hassan Rouhani has said that the country’s gas production has increased by 100 million cubic meters per day.
Iran’s president Hassan Rouhani has said that the country’s gas production has increased by 100 million cubic meters per day.
Maersk Oil Qatar, the country’s largest offshore oil producer, held its annual Qatarization awards ceremony this week, to recognise the people and initiatives that have supported the company’s efforts to hire and develop the nation’s future Qatari leaders. In his opening address Sheikh Faisal bin Fa
Recovery in dry bulk shipping rates not expected until at least the second quarter of 2015.
Qatargas and Pakistan are reportedly close to signing the LNG supply deal.
Qatargas and Pakistan are reportedly close to signing the LNG supply deal.
The end of 2014 saw Petrofac’s Offshore Capital Projects (OCP) business reach 5 million man-hours without any recordable lost-time incidents on the Satah Al Razboot (SARB) package 3 project, offshore Abu Dhabi. Located on an artificial island about 120 km off the north-west coast of Abu Dhabi, SARB
NIGC said that gas transfer capacity will rise by 300 million cubic meters per day under the budget legislation which provides enough funds for construction or extension of IGAT-6, IGAT-9 and IGAT-11.
