South Korea’s Samsung Heavy Industries has completed a riser platform topside for Statoil’s giant Johan Sverdrup development offshore Norway. The shipyard on Monday said that the topside module for the Johan Sverdrup riser platform had left the Geoje shipyard. The topside loaded aboard a Dockwise he
Offshore driller Seadrill has managed to reach a global settlement with an ad hoc group of bondholders, the official committee of unsecured creditors, and other major creditors in its chapter 11 cases. According to Seadrill, some 70% of the company’s bondholders by principal amount have now signed a
The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 million tons to 293 million tons in 2017, according to Shell’s annual LNG Outlook.
Africa Energy Corp. has received notice from the Petroleum Agency of South Africa granting a two-year renewal of the exploration right for Block 2B offshore South Africa.
Dockers guaranteed right to carry out lashing and other cargo handling services in ports under new IBF deal.
Australia and Timor-Leste have reached an agreement designed to resolve their long-standing maritime border issue.
Petronas Gas, a unit of the Malaysian energy giant Petronas, reported a 4.6% rise in its 2017 net profit as revenue rose mainly due to the company’s new liquefied natural gas (LNG) regasification terminal in Pengerang, Johor. Petronas Gas reported a net profit of 1.82 billion ringgit ($466m) versus
Perth-based LNG Limited said its two liquefied natural gas project in North America put the company in a “strong competitive position in the mid-scale LNG industry,” and at the forefront of supplying the next wave of global LNG demand.
The United States has imposed a new wave of sanctions against North Korea’s regime.
Federal Iris suffered an explosion some 120 miles west of the Columbia River entrance after a main engine malfunction.
Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipper, reported an 11 percent drop in its net profit for the year 2017.
Top News of the Week, 19 – 25 February 2018
A giant ship carrying four of the West Coast’s largest container cranes arrives in Tacoma.
Anadarko signs Mozambique LNG supply deal with EDF Woodlands-based Anadarko said Mozambique LNG project partners signed an LNG sale and purchase agreement with Électricité de France (EDF) for the supply of 1.2 million tons per year of the chilled fuel. Exmar’s barge-based FSRU on way to Singapore Ex
