Rosneft’s CEO Igor Sechin discussed cooperation prospects with Saudi Arabia’s minister of energy, industry and mineral resources and chairman of Saudi Aramco Khalid Al-Falih.
Following reports on Monday that Greece’s Energean has found buyers for gas from its fields offshore Israel, this has now been officially confirmed. In an emailed statement, Energean Oil & Gas has confirmed its subsidiary Energean Israel has signed with Dalia Power Energies and its sister company –
French shipbuilder Piriou has delivered a fast personnel and supply vessel (FPSV) to Jana Marine, a Saudi Arabian provider of integrated marine services to the offshore o&g industry. Piriou said on Tuesday that the FPSV named Jana 17 was built in Vietnam and would operate in the Arabian Gulf. Vincen
The current orderbook for dual-fuel vessels shows some considerable growth in shipowners’ investment in LNG-powered vessels, Gibson Shipbrokers says in its weekly tanker market report. Some significant orders have been Sovcomflot’s 4 ice class Aframax tankers and AET’s order of 4 Aframaxes in additi
Greece’s oil and gas company Energean has reportedly signed gas sale deals for its Karish and Tanin gas field offshore Israel. According to a statement cited by Reuters and Bloomberg, Energean will supply 23 bcm of natural gas to Israeli power stations operated by Dalia Power and Or Power. Offshore
Quartet performs first LNG STS transfer in Philippines Koch Supply & Trading (KS&T) completed the first ship-to-ship (STS) LNG transfer with private Chinese company JOVO and Malaysian shipowner MISC. Nakilat takes over management of 8th LNG tanker from Shell Qatari LNG shipping giant Nakilat has tak
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Italian energy giant and LNG player Eni signed a memorandum of understanding with Oman Oil Company (OOC) to explore cooperation opportunities in the oil and gas sector.
Italian oil giant Eni and Oman Oil Company S.A.O.C. (OOC) have finalized a memorandum of understanding (MoU) to explore oil and gas cooperation opportunities in the Middle Eastern country. Eni said on Thursday that the deal was signed in Milan by Isam bin Saud Al Zadjali, CEO of OOC, and Claudio Des
By Rania El Gamal, Ernest Scheyder and Alex Lawler VIENNA (Reuters) – OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three ye
OPEC and several non-OPEC members are meeting on Thursday in Vienna to discuss further strategy on oil production. To remind, 13 OPEC members and 11 Non-Opec members (most notably Russia) in December last year agreed to cut oil output by 1.8 million barrels a day in order to stabilize oil prices. Th
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Chevron stops production at Gorgon Train 1 US-based energy giant Chevron has shut down the first liquefaction train at its multi-billion Gorgon LNG plant on Barrow Island in Western Australia. Report: DSME loses LNG boil-off patent battle to compatriots A three-year-old boil-off gas reliquefaction t
Starting with the latest addition to the global fleet of super-sized containerships, the recently-christened 21,413 teu OOCL Hong Kong has taken the title of the largest ship in the world based on its advertised nominal container intake. However, the sea giant features 191,317 in dwt capacity, consi
