Egypt has banned all Qatari vessels from entering the Suez Canal Economic Zone in line with the country’s decision to bar Qatari ships from Egyptian ports in the aftermath of the severing of ties with Qatar. However, the passage through the Suez Canal has not been affected and it is allowed to all v
Popular news, July 3 – 9, 2017
KBJ joint venture wins Jordan Cove LNG EPC contract KBJ, a joint venture comprised of Kiewit Energy Group, Black & Veatch Construction and JGC US Projects has been selected by Jordan Cove LNG to engineer and build the LNG export terminal in Coos Bay, Oregon. BREAKING: Qatar to boost LNG production t
Israeli energy company Delek is set to divest 9.25 percent in Tamar and Dalit fields offshore Israel, to a special purpose company named Tamar Petroleum. According to the sale plan, Tamar Petroleum will offer securities to the public (equity and debentures) that will be registered for trading on the
Qatar is eager to retain its position as the world’s key exporter of liquefied natural gas (LNG), especially in light of the ongoing dispute with its neighbors which could result in more economic sanctions against the country. On Tuesday, Qatar Petroleum announced its intention to raise Qatar’s LNG
“We are totally unsafe here… this is a dead ship. Sea water is leaking in the engine room… no facilities… rusty water… If anything happens we will not survive. All will be dead… Please send us home.” This was revealed in a new report into the abuse of seafarers on board the Panamanian-flagged vessel
Polarcus, a Dubai-based seismic contractor, has recorded a drop in its vessel utilization during the second quarter of 2017. Quarterly vessel utilization declined to 75 percent from 91 percent in the second quarter of 2016. “The low utilization of 75 percent in Q2 2017 was guided during the quarter
Qatar is set to boost its LNG production from 77 million to 100 million tons per year with the new volumes from its giant North Field, located in the Persian Gulf. Qatar Petroleum on Tuesday sad it would double the size of the new gas project in the southern sector of the North Field, which [&hellip
State-owned Qatar Petroleum said Tuesday it aims to raise Qatar’s LNG production from 77 million to 100 million tons per year.
Twelve crew members of the Panama-flagged cargo ship Yas have been repatriated after their vessel was arrested in April 2017 when it berthed in Aden, in conflict-ridden Yemen. The crew, consisting of six Indians, five Ukrainians and one Syrian, contacted the International Transport Workers’ Federati
Low freight rates should be the best incentive for owners to take the bitter pill and scrap some of the outdated tonnage in order to bring the necessary ease to the heavily oversupplied market, according to BIMCO’s Chief Analyst Peter Sand. Freight rates have experienced a solid rebound from the 201
The most popular articles of the week. The most popular articles of the week June 26 – July 2.
Subsea World News has put together a recap of the most interesting articles from the previous week (June 26 – July 02). Subsea 7 has acquired certain businesses of EMAS Chiyoda Subsea (ECS). The acquisition, under a US bankruptcy code Chapter 11 Plan of Reorganisation, was confirmed by the U.S. Bank
By Karolin Schaps LONDON (Reuters) – Oil prices climbed for a seventh straight session on Friday thanks to a weaker U.S. dollar in their longest bull run since April but were still set for their worst first-half performance since 1998. Lingering worries about oversupply have knocked 16 percent off B
