News
Russia: Yamal LNG plant about 88 pct complete
Construction on Novatek’s giant Yamal liquefied natural gas (LNG ) project in Russia is moving forward with the project’s plant around 88 percent complete, according to Russian Energy Minister Alexander Novak. “Overall, the project is more than 75 percent complete now and the first stage [the liquef
Spain gets international LNG school
Spanish LNG terminal operator Enagás agreed with Jovellanos Centre of the Spanish Maritime Safety Agency to create an international LNG school.
Enagás boosts loading ops at Cartagena LNG terminal
Spanish LNG terminal operator, Enagás, carried out alterations at the Cartagena LNG terminal increasing the loading flow rate at the facility.
LNG-bunkering coalition gets three new members
The industry coalition SEALNG said three new members, Bureau Veritas, Clean Marine Energy, and Gas Natural Fenosa have joined.
WWL CEO: Environmental Performance to Be in Focus of Modern Shipping
Environmental performance will remain one of the “failure-is-not-an-option missions” in modern shipping amid numerous challenges in the industry, Craig Jasienski, CEO of Norway’s Wallenius Wilhelmsen Logistics (WWL), said, predicting the outlook for 2017. With the recent decision of the Internationa
Euskalforging to Supply Flanges for Navantia’s EA1 Foundations
Euskalforging has signed a contract to supply flanges for 42 foundations which will support wind turbines at the East Anglia ONE offshore wind farm.
Lansdowne gives up Celtic Sea license
Lansdowne Oil & Gas, an independent oil and gas company focused on offshore Ireland, has relinquished the SEL 4/07 license in the Celtic Sea. Lansdowne said on Wednesday that the license was relinquished with effect from December 31, 2016. To remind, the company retained a 20 percent interest in the
Awilco LNG reduces net loss
Oslo-based Awilco LNG, the owner of two 156,000-cbm LNG carriers, posted a lower net loss in the fourth quarter of 2016 as compared to the same quarter a year ago. Awilco LNG reduced its net loss to $2.5 million in the fourth quarter, as compared to $12.6 million in 2015. Awilco LNG’s freight income
Vos Logistics expanding LNG truck fleet
Vos Logistics, the European logistics services provider, said it plans to add more liquefied natural gas (LNG) trucks to its fleet to further reduce greenhouse gas emissions.
Interview: Optimists hoping for $60 a barrel, not $115
DNV GL has recently launched a report providing the 2017 outlook for the oil and gas industry. The company has interviewed 723 representatives from the industry hoping to get a better picture when it comes to what to expect in the year ahead. Offshore Energy Today has, in turn, interviewed Senior Vi
Oil rises as OPEC-led output cuts trim oversupply
By Christopher Johnson LONDON (Reuters) – Oil strengthened slightly on Tuesday, supported by an OPEC-led effort to cut output while rising production elsewhere kept prices within the narrow ranges that have contained them so far this year. Brent crude <LCOc1> was 55 cents higher at $56.14 a barrel b
Enagás’ 2016 profit edges up
Spanish LNG terminal operator, Enagás reported a net profit of €417.2 million (Approx: US$443 million) in 2016, 1,1 percent up on the year before.
Eni completes Shorouk concession stake sale to BP
Italian oil and gas company Eni completed the sale of a 10 percent stake in the Shorouk concession, offshore Egypt to BP.
Golar looking to cash in through $350 mln offering
Golar LNG intends to offer US$350 million senior notes due 2022 to fund the operations and cost of the initial capped call transactions.