News
HR Wallingford delivers Prelude FLNG tow simulation
UK-based civil engineering and environmental hydraulics organisation, HR Wallingford, created a navigation simulation of Shell’s Prelude FLNG.
Shell to supply test cargo for Lithuania’s LNG bunkering station
The Hague-based LNG giant, Shell, has been contracted for a small-scale delivery liquefied natural gas to Klaipedos Nafta’s LNG bunkering station, being built in the port of Klaipeda.
Veja Mate Pushes SMC to New Heights
The provision of technicians by Specialist Marine Consultants (SMC) to the 402MW Veja Mate project saw SMC reach a significant milestone – the company now contracts over 100 people.
Veja Mate Pushes SMC to New Heights
The provision of technicians by Specialist Marine Consultants (SMC) to the 402MW Veja Mate project saw SMC reach a significant milestone – the company now contracts over 100 people.
Tilbury2 Consultations Completed for New Port on the Thames
UK’s Port of Tilbury has completed the statutory consultation process on its proposals to build a new port terminal, Tilbury2, on the Thames close to the current port. Tilbury2 is planned to be built on a 152-acre site which was part of the former Tilbury Power Station and will include a new deep wa
BP’s profit down in Q2
UK-based energy giant and LNG player, BP reported a drop in its second-quarter profit as it took a $750 million charge for an exploration write-off in Angola. BP’s quarterly underlying replacement cost profit, the company’s definition of net income, was at $684 million in the quarter under review, d
Two new companies join LNG-bunkering coalition
SEALNG, the industry coalition promoting the use of LNG as a marine fuel, has been joined by Mitsui & Co., Novatek, and Sumitomo Corporation.
CHC to lease five helicopters for energy transport missions
Offshore helicopter specialist CHC Helicopter will expand its fleet with five new aircraft to be leased from GECAS’ Milestone Aviation Group Limited. This transaction will add three new Leonardo AW189s and two Airbus H175s from Milestone’s order book with the manufacturers to CHC’s global fleet. Acc
HALO’s shares remain suspended over reverse takeover deal
Trading in shares of the AIM-listed oil company Hague and London Oil PLC (HALO) will remain suspended longer than initially planned due to delay in publication of the new admission document required following a reverse takeover deal. HALO announced the conditional acquisition of non-operated natural
Seadrill extends NADL loan maturity date
Offshore driller Seadrill has given its subsidiary North Atlantic Drilling Limited some headroom, extending the revolving credit facility provided to NADL, to mature on September 12, 2017. This interim funding arrangement has been put in place while broader restructuring negotiations continue at bot
Enagás: Spain’s demand for natural gas grows
The demand for natural gas in Spain grew by 17 percent in July in relation to the same period last year, according to the data provided by the LNG terminal operator, Enagás.
Kathleen McAllister joins Höegh LNG Partners board
Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s Höegh LNG named Kathleen McAllister to the company’s board following the resignation of Claibourne Harris.
Shell to axe 400 jobs
The Hague-based LNG giant Shell could cut approximately 400 jobs as it continues its restructuring to cope with lower oil prices.
First Blyth Gravity-Based Foundation Installed, Second Up Next
The first gravity-based foundation (GBF) built for the Blyth Offshore Demonstrator Project has been installed onto the seabed. The second of the total of five GBFs has also arrived at the site and is ready to be installed.