News
Is Enhanced Oil Recovery the future of Angola’s oil production?
Production decline in mature fields is a common challenge to offshore operators throughout the globe.
Tellurian picks Driftwood Holdings financial advisors
The Houston-based LNG export project developer, Tellurian, has engaged Goldman Sachs and Societe Generale to serve as financial advisors for Driftwood Holdings.
Antwerp Port Achieves 5th Record Year in a Row for Cargo Volumes
Belgium’s Port of Antwerp ended 2017 with a record freight volume for the fifth straight year in a row.
China LNG Group requests trade halt on HKEX
China LNG Group requested the trade of its shares on the Hong Kong stock exchange be halted.
Taiwan’s imports of US LNG to begin soon
Taiwan is set to start importing liquefied natural gas (LNG) from the United States soon under a long-term deal, according to the country’s minister for economic affairs Shen Jong-chin.
BP hires Normand Reach for walk-to-work project at Mungo field
Oil firm BP will use the vessel Normand Reach on the Mungo field in the North Sea
Inpex dips into another exploration license off Norway
Japan’s Inpex said its Norwegian unit Inpex Norge has been awarded exploration license PL950 in the western Barents Sea offshore Norway as part of the country’s 2017 licensing round.
Shell completes $1B acquisition of Turritella FPSO
Shell has taken over the ownership of the FPSO Turitella, moored at the Stones field in the U.S. Gulf of Mexico.
EMGS expects revenue hike following Norwegian offshore block awards
Electromagnetic Geoservices (EMGS) is expecting an uplift in revenues following the latest license awards offshore Norway.
Stapem Offshore Takes Delivery of New Dive Support Vessels
Incat Crowther-designed vessel Stapem Beluga, the first of two ABS-classed 18 meters catamaran dive support vessels was delivered to Paris-based Stapem Offshore. The vessel was built by Legacy Marine Group of Port Elizabeth, South Africa, and will operate in the coastal waters of Angola in support o
Maersk Starfish duo hired for offshore work in Australia
Maersk Supply Service has found work in Australia for two new Starfish-class anchor handling vessels.
Stapem Offshore takes delivery of new dive support vessel for Angolan ops
Stapem Offshore has taken delivery of an Incat Crowther-designed catamaran dive support vessel.
Novatek’s 2017 production dips, natural gas sales up
One of Russia’s largest independent natural gas producers, Novatek, reported a decrease in hydrocarbon production and a rise in natural gas sales volumes, which now include LNG.
Winter demand boosts South Korea’s Dec LNG imports
Liquefied natural gas (LNG) imports into South Korea rose 4 percent in December year-on-year, boosted by colder weather in the midst of the heating season and lower nuclear generation. The country imported 4.18 million mt of LNG in December as compared to 4.03 million mt in the corresponding month t