Russian LNG export player Novatek, France’s Total and Italy’s Eni signed exploration and production agreements with the government of Lebanon to explore and produce hydrocarbons offshore the country. The deal includes offshore blocks 4 and 9 in the Eastern part of the Mediterranean Sea. Novatek, the
Big fleets and the diverse ownership of the remainder of the VLCC fleet to cap consolidation in the sector.
The most popular news of the past week.
Two contractors shortlisted to build LNG Canada’s Kitimat export plant Shell-led LNG Canada said it had short-listed two international consortiums for the engineering, procurement and construction of its proposed liquefied natural gas (LNG) export facility in Kitimat, British Columbia. World’s large
Egypt’s imports of liquefied natural gas (LNG) declined dramatically in January as the country is gearing towards halting the imports due to increase in domestic gas production. The country’s LNG imports in January dropped 66% year-on-year, pursuing the downward trend registered in the fourth quarte
Fatih Birol, the head of the International Energy Agency hopes the oil investments will start picking up, after several years of decline.
The recent oil spill off the Port of Fujairah was not the result of a ship-to-ship transfer.
Eni and Total have reportedly made what is believed to be a large gas discovery at their Calypso prospect offshore Cyprus.
An oil slick was spotted on January 25 on the beaches of Aqqah, Fujairah, a home to renowned beach resorts in UAE.
Popular news, Jan 29 – Feb 4, 2018
Hyundai Heavy scores $500 million contract for Steelhead LNG’s export project in Canada South Korean shipbuilding giant Hyundai Heavy Industries said it had won a contract worth about $500 million for a liquefaction unit to be used for Steelhead LNG’s Kwispaa LNG export project in Canada’s British C
Four trading houses traded an impressive 9 percent of total liquefied natural gas (LNG) sold worldwide in 2017, according to a report by the research and consultancy group Wood Mackenzie. Trafigura, Vitol, Gunvor and Glencore are “dominating” the LNG trading landscape and these four firms traded abo
Qatar Petroleum, the world’s largest producer of liquefied natural gas (LNG), has won exploration rights in five offshore blocks in Mexico. The winning bids were announced on Thursday by the National Hydrocarbon Commission of Mexico (CNH) at the conclusion of a public bidding session in Mexico City,
Noble Energy said on Monday it would sell a 7.5 percent stake in the Tamar natural gas field, offshore Israel, to Tamar Petroleum in a deal valued at about $800 million. Under the deal, the Houston-based Noble will receive $560 million in cash and 38.5 million shares of Tamar Petroleum. The company
