News
Spanish supermarket chain Mercadona to add 40 LNG-powered trucks to its fleet
Spanish supermarket chain Mercadona and its transport suppliers have allocated 4 million euros ($5m) in 2018 towards adding 40 liquefied natural gas (LNG)-powered trucks. The trucks will be deployed in Madrid, Barcelona and Valencia. They will join the 7 gas-powered vehicles that have already been o
Video: Wreck Removal of TS Taipei
Watch a video of TS Taipei wreck removal offshore Shimen in the north of Taiwan.
Australia’s Origin posts loss on impairment charge
Origin Energy, the owner of a 37.5 percent stake in the Australia Pacific LNG project, swung to a loss in the first half of the financial year due to a previously announced impairment charge of A$533 million ($423.4 million). Origin reported a net loss of A$207 million for the period under review. T
Africa Welcomes First Nickel Ore Carrier
The Autonomous Port of Abidjan in Africa welcomed its first nickel ore carrier on February 14.
Peru LNG exports suspended due to pipeline rupture
Liquefied natural gas (LNG) exports from the Peruvian first and only facility at Pampa Melchorita have been reportedly suspended because of a lack of supply caused by a February 3 pipeline rupture. The pipeline, which transports fuel from the Camisea gas fields in the Peruvian jungle to the Pacific
North Korean Ship in Third Suspicious Transfer of Goods
North Korean tanker spotted by a Japanese plane in yet another suspected illegal transfer of goods.
Offshore safety body checks P&A plans at Kvitebjørn field
Norway’s offshore safety watchdog has found several flaws during an audit of Statoil’s plans for permanent plugging and abandonment at Kvitebjørn field off Norway.
Rotra Mare Brings First Rentel Turbine Parts to Ostend
Today, 14 February, Siemens’s Rotra Mare roll on/roll off (Ro-Ro) vessel brought the first Siemens Gamesa 7MW wind turbine components for the Rentel offshore wind farm to the REBO site in Ostend. Two blade sets and six top towers have been shipped from Esbjerg.
Oversupply to Turn Up the Heat on Chemical Shipping in 2018
Chemical shipping freight rates will weaken due to the depressed outlook on overtonnaged long-haul routes.
Sea Trucks sheds four vessels as part of restructuring efforts
Sea Trucks Group has transferred ownership of four accommodation and construction vessels to new owners.
Woodside’s profit climbs 18 pct in 2017, pushes back Browse LNG FID
Australia’s Woodside Petroleum on Wednesday reported an 18 percent rise in annual profit on the back of higher oil, gas and LNG prices. The LNG company posted a net profit of $1.02 billion for 2017, up from $868 million last year. Woodside declared a full-year dividend of $0.98 per share, up from $0
Russia and Norway gas volumes to Europe hit record highs
Natural gas exports to Europe from both Russia and Norway climbed to record levels in 2017, according to a report by Rystad Energy. Russian and Norwegian gas exports to Europe (including Turkey) reached 194 bcm and 122 bcm, respectively, in 2017. This represents a year-on-year increase of more than
Norway, Russia exported record gas volumes to Europe in 2017
Gas exports to Europe from both Russia and Norway climbed to record levels in 2017, according to an analysis by Rystad Energy. Russian and Norwegian gas exports to Europe (including Turkey) reached 194 bcm and 122 bcm, respectively, in 2017. This, Rystad says, represents a year-on-year increase of m
Woodside increases Scarborough field stake. First production in 2025
Australian Energy firm Woodside is set to expand its ownership over the the 7.3 Tcf Scarborough offshore gas field in W. Australia.