Noble Energy has stopped production from the Tamar gas field offshore Israel after a crack was discovered in a pipe aboard the Tamar platform. Noble’s partner in the field Delek, on Sunday informed that the crack had been found during a planned upgrade work on the platform last Wednesday. The crack
Popular news, September 18 – 24, 2017
WoodMac: LNG production key to carbon emissions rise The emission-intensive process of liquefying natural gas will be among the largest contributors to carbon emission growth for the world’s oil and gas majors, Wood Mackenzie said in a study. Novatek to fire up Yamal LNG’s train one in November Russ
Offshore rig builder Lamprell expects next year to be a difficult one – even more than the current one – as it on Friday lowered revenue guidance for 2017. The UAE-based company posted an almost a break-even profit for the first half of the year, coming up with a net income of $1.1 million, an [&hel
After very challenging times in the liquefied natural gas (LNG) shipping sector driven by vessel deliveries ahead of projects coming on stream, the worst seems to be over. There is a general consensus that the market will be 30 to 40 vessels short by the end of this decade amid volume increase-one o
South Hook LNG terminal on the shores of the UK’s Milford Haven waterway is scheduled to receive a cargo of Qatari liquefied natural gas on Sunday.
In the aftermath of the diplomatic fallout with its neighbors, Qatar has seen the number of vessel arrivals at its ports more than double from 29 vessels in June to 69 vessels in August, data from CargoSmart shows. To remind, the sanctions imposed in June against Qatar saw air, sea, and land border
US-based LNG equipment maker, Air Products signed an agreement with Dhahran Techno Valley Company to build and develop a technology center to serve Saudi Arabia and the Middle East region. Air Products’ new technology center is currently being designed and is expected to be fully operational by 2019
Singapore Exchange has started trading the futures contract for liquefied natural gas (LNG) delivered to Dubai, Kuwait and India.
The most popular articles of the week Offshore Energy Today Staff
Asian long range (LR) tanker market has seen a surge in rates following the Hurricane Harvey amid heightened demand from Europe and Americas resulting from US refinery outages. According to Ocean Freight Exchange (OFE), rates on TC1 and TC5 freight routes surged by w17.5 and w14 points week-on-week
Lebanese government has extended a deadline for the submission of bids in the country’s first offshore oil and gas licensing round by four weeks. Lebanon’s Minister of Energy and Water, Cesar Abi Khalil, issued the decision last week, extending the applications submission deadline from September 15
Automation of shipping and ports has been dubbed as a “marketing rush” by the president of the Maritime Union of Australia (MUA) Paddy Crumlin, while speaking in Singapore last week. According to the MUA President, and its General Secretary Stephen Cotton, consequences of automation have not been ca
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