This is the latest documentary on Ras Laffan Industrial City (RLC), the base for all onshore operations to support the development and utilization of Qatar’s North Field gas assets. Located 80 kilometres northeast of Doha, RLC commenced operations in 1996 and has evolved since then into a world-clas
Drilling activity and spend will significantly increase in global deepwater markets over the next decade according to new analysis by Wood Mackenzie. The Future of Global Deepwater Markets study indicates well spend is expected to grow from US$43 billion in 2012 to US$114 billion in 2022 challenging
MOL released an urgent update reporting that the aft part of the containership MOL Comfort sank in the open sea near 14’26”N 66’26”E (water depth about 4,000m) at 16:48 JST (11:48 Dubai time) on June 27. The vessel had been unable to continue sailing under its own power since June 17 because the hul
Masoud Samivand, Managing director of Iran’s Natural Gas Storage Company (NGSC), said Shorijeh gas reservoir as Middle East’s biggest gas storage facility is nearing completion and storing would start in the near future. According to the report of the public relations of the National Iranian Gas Com
Polskie Górnictwo Naftowe i Gazownictwo (PGNiG ) has commenced production of natural gas from two wells in the Rehman field, located in the Kirhtar licence area in Pakistan. At present, both production and sales have reached 295 cubic metres per minute. The gas is being fed to the Pakistani transmis
PIRA Energy Group reported that LNG supply shifts to Asia. At end-May, eastern Canada’s storage deficit remained a whopping 40% of the market’s pre-winter peak. In Europe, there is a strategy shift for third Quarter buying. Specifically, PIRA’s analysis of natural gas market fundamentals has reveale
One patrol boat and three tugboats arrived yesterday at the site where the containership MOL Comfort broke apart on June 17 during heavy weather while sailing to Jeddah, Saudi Arabia. A total of five boats, including one more boat which is expected to arrive tomorrow, will prepare for the rescue. Ac
As the annual Day Of The Seafarer dawns (June 25), InterManager, whose members manage more than 250,000 of the world’s seafarers, has reaffirmed its commitment to crewmembers with a comprehensive package of activities aimed at addressing crew-related issues. The Association, whose members are involv
Drydocks World and Maritime World, the well-established international maritime service provider, hosted a delegation from the international press along with senior officials from TenneT, ABB and Aibel, the three companies involved in the world’s largest HVDC Offshore Wind Platform – Dolwin Beta – th
top news of the week
The discovery of huge reserves of gas will make Israel – a country once entirely dependent on imported fuel – self-sufficient in electricity production for the first time since its creation in 1948. And the offshore gas fields could make the state a major player in the Mediterranean gas market, writ
Mitsui O.S.K. Lines, Ltd. announced in the official statement that the company has contracted a salvage company to recover the two MOL Comfort’s hull parts, after the containerships’ hull was split into two on June 17 during heavy weather while the vessel was en route to Jeddah, Saudi Arabia. The co
Major stakeholders of the offshore oil and gas E&P industry in the region gathered at the Offshore Support Vessel Technology 2013 Forum in Abu Dhabi last week. Held from 10-11 June at Le Royal Meridien, the first in its series this exclusive forum focused on the most pressing concern for offshore op
Drewry’s latest Tanker Insight reports that freight rates in most vessel categories remained on the softer side during the month due to weakness in chartering activity in the major loading regions barring Arabian Gulf. The same was reflected in the Drewry Tanker Earnings Index that declined 31% duri