Noble Energy announced the execution of a non-binding Letter of Intent (LOI) to supply natural gas from the Leviathan field, offshore Israel, to the National Electric Power Company (NEPCO) of Jordan. Under terms of the LOI, Noble Energy and the Leviathan partners will supply a base gross quantity of
RasGas Company Limited said that Train 1 of its historic Barzan Gas Project (BGP) is more than 95 per cent complete and is rapidly ramping up for the first production of clean-burning natural gas in the first quarter of 2015. Construction work on Train 2 is also progressing well with expectations to
No jobs in the U.S. cracked the list of highest paying this year.
Nakilat-Keppel Offshore & Marine (N-KOM) has achieved another milestone with the keel laying of its first liftboat newbuild project, awarded recently in July 2014 by long-time client Gulf Drilling International (GDI). The project marks the shipyard’s first foray into the offshore jack-up newbuild ma
The crew of Evelyn Maersk, a container ship en route from Suez to Algeciras, participated on Saturday, August 30, in a search and rescue operation launched in an effort to find a fishing boat sinking off Sicily, carrying hundreds of immigrants on board, Seanews reports. One of the Mediterranean’s RC
The tanker United Kalavrvta (formerly SCF BYRRANGA) carrying one million barrels of Kurdish oil, which disappeared from satellite tracking, has reappeared on Monday, however the tanker hasn’t unloaded its cargo, according to Reuters. The ship, which got cleared for unloading of one million of barrel
Saudi Arabia’s state-run Saudi Aramco attracted the interest of four companies to work on unconventional gas in the country. According to the sources South Korea’s GS Engineering and Construction, Italy’s Maire Tecnimont, Japan’s JGC and SNC-Lavalin of Canada were all interested companies. Aramco pl
Growing concerns about the state of the world’s oceans and the impact that shipping has on quality of the air has led to ever more legislation on emissions. The Institute of Marine Engineering, Science and Technology (IMarEST) and Colfax Fluid Handling, are working together to investigate perception
Suhail Mohamed Al Mazrouei, the Minister of Energy for the United Arad Emirates, will open the OPITO Safety and Competency Conference – OSCC 2014 – at the Fairmont Bab Al Bahr Hotel, Abu Dhabi, UAE on Tuesday 4 November 2014. This year’s event will be the fifth annual gathering of oil and gas operat
Iran will supply 20 mcm/d of gas to Oman as per the recent agreement reached between the two countries. As Times of Oman reports, Tehran and Muscat will need 2.5 to 3 years to complete the required infrastructure. It is also reported that NIGC is looking at different aspects of the issue including s
A sharp rise in LPG shipping demand, particularly out of the US, is driving an ordering frenzy for very large gas carriers (VLGCs) which will increase the size of the LPG shipping fleet by over 50% over the next two years, according to the LPG Forecaster report published by shipping consultancy Drew
Delek Group published results for the three and six month period ended June 30, 2014. Group revenues for the first six months of 2014 were approximately NIS 10 billion, at a similar level to that of the same period last year. Operating profit was NIS 338 million in the first six months of 2014 compa
National Iranian Gas Company said that the country’s volume of gas exports hit more than 10 billion cubic meters (bcm) over the past year. According to the report of the public relations of the NIGC, statistics also show that gas processing capacity of the country has gone up by more than 1.5 bcm du
Continuing weak demand and excess tonnage are expected to depress LNG shipping earnings in the near term. But longer term the sector could face vessel shortages as ordering slows and liquefaction projects come on stream, according to the LNG Shipping Market Annual Review and Forecast report publishe
