News
PGNiG net profit rising with increased gas sales
Poland’s state-owned gas company PGNiG reported a net profit of 2.5 billion Polish zloty ($688.4 million) for the first nine months of the year.
Shell further cuts stake in Australia’s Woodside
The Hague-based LNG giant Shell has entered into a $1.7 billion (A$2.2 billion) deal with two investment banks to sell a stake in Australian LNG operator Woodside. Shell’s subsidiary, Shell Energy Holdings Australia Limited (SEHAL), will sell 71.6 million shares in Woodside, representing 64% of its
Pacific Drilling: Two rig contracts in, one out
Debt-laden offshore driller Pacific Drilling has managed to secure two contracts for its drillships. The driller, which on Monday said it filed for Chapter 11 bankruptcy, has found more work for its Pacific Bora and Pacific Santa Ana drillships. Oil company Erin Energy has exercised its option to ex
HALO takes over Tullow’s gas producing assets in Dutch North Sea
AIM-listed oil company Hague and London Oil (HALO) has completed the acquisition of Tullow Oil’s gas producing assets in the Dutch North Sea. After the acquisition was given shareholder approval during HALO’s general meeting on November 1, the ownership of interests in Tullow’s offshore exploration
LNG Limited names chief development officer
Liquefied Natural Gas Limited, the Perth-based LNG developer, named Joseph B’Oris as chief development officer starting November 27.
Pacific Drilling files for Chapter 11 Bankruptcy
Offshore drilling company Pacific Drilling has filed for Chapter 11 Bankruptcy.
Novatek boosts West-Yurkharovskoye field prospects
Novatek said its unit Novatek-Yurkharovneftegas completed testing the Jurassic reservoir at well 135R on the West-Yurkharovskiy license area, confirming commercial viability of the reservoir.
Scot Navigator
On February 22, 2017, the 3700 DWAT GS Eco Freighter 3700, with yard number 169, was launched at the ‘GS Yard’ yard in Waterhuizen. In mid-June 2017, Scot Navigator left the harbour of Delfzijl in The Netherlands for her sea trials. At the end of that same month, almost immediately after the complet
Top News of the Week, 06 – 12 November 2017
Four Scottish Offshore Wind Projects Cleared for Takeoff The Supreme Court in London has rejected RSPB Scotland’s application for leave to appeal the decision by the Inner House of the Court of Session on its Firths of Forth and Tay offshore wind farm judicial review. Adwen Employees Hit as Siemens
Top news of the week November 6-11
Shell charters LNG bunker barge for US market Shell Trading (US), a unit of the Hague-based energy giant Shell, has finalized a long-term charter agreement with Q-LNG Transport for a liquefied natural gas (LNG) bunker barge. Shell, Anthony Veder to convert Coral Methane LNG carrier to bunker vessel
Vattenfall Mulling 250 Metre Tall Turbines for Thanet Extension
Vattenfall is seeking views from Thanet and Sandwich residents on plans to use 34 250-metre tall wind turbines for its proposed Thanet Extension wind farm offshore Kent, UK.
Vattenfall Mulling 250 Metre Tall Turbines for Thanet Extension
Vattenfall is seeking views from Thanet and Sandwich residents on plans to use 34 250-metre tall wind turbines for its proposed Thanet Extension wind farm offshore Kent, UK.
CNPC, Cheniere ink LNG MoU
China National Petroleum Corporation (CNPC) and the Houston-based LNG player, Cheniere signed a memorandum of understanding for long-term LNG sales and purchase cooperation.
International Yachts Face Biosecurity Checks in New Zealand
International yachts arriving in Northland this summer will face additional biosecurity checks by the Ministry for Primary Industries (MPI) and the New Zealand Defence Force (NZDF), the ministry informed. MPI is teaming up with New Zealand Customs and the NZDF focusing on Northland as the arrival po