Oil price rose Friday over tensions between the U.S. and Iran, following Tehran’s shooting down a U.S. drone on Thursday over what the U.S. said were international territory waters. Tehrans claims the drone violated Iran’s airspace.
The United Kingdom has booked a couple of Qatari liquefied natural gas cargoes for its two import facilities at the Milford Haven waterway.
Offshore Energy Today’s most popular news of the past week.
A subsidiary of offshore vessel provider Mermaid Maritime has entered into a $65 million loan facility agreement with the Export-Import Bank of Thailand (Exim).
Around a fifth of the oil consumed globally passes through the nearby Strait of Hormuz.
An offshore platform, operated by Pars Oil and Gas Compan (POGC), caught fire in the Persian Gulf offshore Iran on Wednesday.
After another record year, global demand for natural gas is set to keep growing over the next five years due to strong consumption in fast-growing Asian economies, the International Energy Agency (IEA) said in its Gas 2019 report.
As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects. However, hasty sanctioning can lead to less certainty of what the ultimate cost of any given project will be, according t
The vessel was anchored near the Israeli coast at the time of the incident.
China’s Shanghai Waigaoqiao Shipbuilding (SWS) has launched a jack-up rig being built for Northern Offshore, under the order signed back in 2014.
Offshore Energy Today’s most popular news of the past week.
Subsea World News has put together a recap of the most interesting articles from the previous week (June 03 – June 09). https://subseaworldnews.com/2019/06/03/piou-and-yearwood-join-technipfmc-board/ https://subseaworldnews.com/2019/06/04/geoquip-marines-new-vessel-heads-to-work/ This content is ava
Offshore Energy Today’s most popular news of the past week.
Novatek tags TechnipFMC for Arctic LNG 2 plant job Russian largest independent gas producer and LNG player Novatek signed a deal with TechnipFMC for its Arctic LNG 2 project. Golar LNG tightens loss, plans TFDE LNG carrier fleet spin-off LNG shipper Golar saw its losses tightening in the first three
