US energy giant ExxonMobil is reportedly moving forward with the Far East LNG project with its partner Rosneft, with a final investment decision planned for 2019.
Asian spot prices for liquefied natural gas (LNG) reportedly remained firm over the past week, supported by strong oil and coal markets. Asian LNG prices for delivery in June LNG-AS were at $8.1 per million British thermal units (mmBtu), up 15 cents from last week’s value and more than 15 percent ab
Bureau Veritas has awarded approval in principle for a new vessel concept design.
LNG carrier repair specialist Malaysia Marine and Heavy Engineering’s (MHB) pre-tax loss deepened in the first quarter of 2018, despite early signs of pick up in upstream and offshore activities.
Australia’s Cooper Energy has obtained an offshore exploration permit located in the Gippsland Basin, offshore Victoria.
Finnish technology group Wärtsilä said that its €210 million ($250.4 million) acquisition of Transas, a global marine navigation company headquartered in the U.K., has been finalized.
Seaintel: The global fleet will see a shortage of 400-1,200 feeder vessels by the end of 2020.
Freshly delivred New Mein Schiff 1 made its first maiden call to Kiel, Germany, on April 27.
The Israeli Supreme Court has dismissed a petition against Energean’s Karish-Tanin development in the Eastern Mediterranean.
Statoil is starting mobilization of 2400 workers who will work on the hook-up, finalization, and eventually start-up the Johan Sverdrup field in the North Sea.
“The people in the Dutch maritime, offshore and energy sector are entrepreneurial, innovative and are courageous. There should be more of them.”
Finnish shipping company Containerships is pushing forward with its plans to boost the use of liquefied natural gas (LNG) as fuel for ships and trucks in order to reduce emissions and meet tightening IMO regulations. The company has currently four new dual-fuel container vessels under construction a
Ghana is believed to have up to 5-7 billion barrels of petroleum and up to 6 trillion cubic feet of natural gas in reserves
Houston-based energy company and operator of the Equatorial Guinea LNG plant, Marathon Oil, swung to a first-quarter profit as its production increased.
