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Shell’s profit soars, LNG sales bump up
News

Shell’s profit soars, LNG sales bump up

The Hague-based LNG giant reported a sharp increase in its first-quarter profit, boosted by contributions from its Integrated Gas and Upstream businesses.

about 8 years ago
Santos starts up Scotia project, sells Denison assets
News

Santos starts up Scotia project, sells Denison assets

Australia’s LNG player Santos has completed the commissioning and start-up of the Scotia CF1 project in Queensland, with initial full field production exceeding 40 TJ/day, in line with expectations.

about 8 years ago
Aker Solutions targets subsea services market with upgraded Aberdeen base
News

Aker Solutions targets subsea services market with upgraded Aberdeen base

Norwegian oil services company Aker Solutions has opened its upgraded Aberdeen services facility.

about 8 years ago
Qatar looking to strengthen LNG ties with Poland
News

Qatar looking to strengthen LNG ties with Poland

Qatari delegation, led by Saad Sherida Al-Qaabi, CEO and president of Qatar Petroleum discussed the potential of increasing cooperation in the LNG sector with Polish minister of energy Krzysztof Tchorzewski.

about 8 years ago
CargoSmart: Carriers’ Reliability Slightly Down in March
News

CargoSmart: Carriers’ Reliability Slightly Down in March

CargoSmart: Carriers’ schedule reliability decreased by 1.6%, from 59.6% in February 2018 to 58% in March 2018.

about 8 years ago
Scaldis Takes Delivery of New Crane Vessel from Royal IHC
News

Scaldis Takes Delivery of New Crane Vessel from Royal IHC

Royal IHC has handed over DP2 crane vessel ‘Gulliver’ to Scaldis, a subsidiary of DEME, Jan de Nul and Herbosch-Kiere. IHC managed the complete scope of work for the vessel, including the design, procurement, construction in China, and commissioning and acceptance tests in Rotterdam. The design was

about 8 years ago
Foreign exchange effects hurt Novatek’s profit as Yamal LNG boosts revenue
News

Foreign exchange effects hurt Novatek’s profit as Yamal LNG boosts revenue

Novatek, the operator of the giant Yamal LNG project in the Russian Arctic, reported a 39.3 percent drop in net income for the first quarter of 2018 on IFRS basis.

about 8 years ago
Royal IHC hands over new crane vessel to Scaldis
News

Royal IHC hands over new crane vessel to Scaldis

Royal IHC, a Dutch supplier of equipment, vessels, and services, has handed over the fully self-propelled crane vessel Gulliver to Scaldis.

about 8 years ago
Royal IHC Hands Over Heavy Lifter to Scaldis
News

Royal IHC Hands Over Heavy Lifter to Scaldis

Royal IHC has handed over the fully self-propelled DP2 crane vessel Gulliver to Scaldis, a subsidiary of DEME, Jan de Nul and Herbosch-Kiere.

about 8 years ago
Record VLCC Scrapping Insufficient to Ease Market Pressure
News

Record VLCC Scrapping Insufficient to Ease Market Pressure

The rebalancing of the tanker market requires further affirmative action in reducing older tonnage.

about 8 years ago
Congressman Higgings urges FERC’s approval of Driftwood LNG
News

Congressman Higgings urges FERC’s approval of Driftwood LNG

US congressman Clay Higgins and other members of the Louisiana congressional delegation sent a letter to the Federal Energy Regulatory Commission (FERC) urging approval of Tellurian’s Driftwood LNG project in Louisiana.

about 8 years ago
Statoil’s first-quarter profit rises
News

Statoil’s first-quarter profit rises

Norwegian energy giant and LNG operator Statoil reported an increase in net profit for the first quarter of 2018, underpinned by higher oil and gas prices and high production.

about 8 years ago
Shell sells Argentina downstream business, makes U.S. Gulf of Mexico investment
News

Shell sells Argentina downstream business, makes U.S. Gulf of Mexico investment

The Hague-based LNG giant Shell has signed a deal to sell its downstream business in Argentina to Raízen for $0.95 billion. The sale includes the Buenos Aires Refinery, around 645 retail stations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses, as

about 8 years ago
UAE divisions of Scottish engineering firms team up for new projects
News

UAE divisions of Scottish engineering firms team up for new projects

UAE branches of Flowline Specialists and Motive Offshore have agreed to join forces in order to collaborate on projects in the region.

about 8 years ago
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