News
Inpex’s Masela LNG deal extended by 27 years
Indonesia has reached a series of agreements with Japan’s Inpex regarding the development of the Masela block that contains the Abadi gas field.
Aqualis Offshore Bags Work on DONG’s U.S. OWFs
DONG Energy, soon to be officially renamed to Ørsted, has awarded Aqualis Offshore with a contract for supervision of geotechnical site investigation at the Ocean Wind offshore wind farm site, with an option for Aqualis Offshore to provide similar services for the Bay State Wind Farm project.
LM Wind Continues Blade Supply for Chinese Offshore Wind Turbines
LM Wind Power has signed a deal with Chinese wind turbine manufacturer Envision to develop a 71.8-metre blade for Envision’s new 4.5MW offshore platform, followed by a supply agreement from LM Wind’s Jiangyin factory that will require the company to expand the facility by 50%.
LM Wind Continues Blade Supply for Chinese Offshore Wind Turbines
LM Wind Power has signed a deal with Chinese wind turbine manufacturer Envision to develop a 71.8-metre blade for Envision’s new 4.5MW offshore platform, followed by a supply agreement from LM Wind’s Jiangyin factory that will require the company to expand the facility by 50%.
Santos ups 2017 guidance as production rises
Australian LNG player, Santos, reported upgraded its guidance figures for 2017 on the back of an increase in production during the third quarter.
IEA: market flexibility improving thanks to LNG
While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalized and interdependent markets is creating new security challenges, according to the International Energy Agency’s latest assessment of global gas security. The IEA’s second
Port of Oslo Declared Port of Convenience
The Board of the International Transport Workers’ Federation’s (ITF) Coordination Committee in Norway decided on October 16 to name the Port of Oslo a port of convenience. Following the decision, the Port of Oslo has become the first port in Europe to receive such a designation. As informed, the mov
Pilot Cutter Crews Plan Another Industrial Action at Jackson, Botany Ports
Members of the Maritime Union of Australia (MUA) working on board pilot cutters plan to stage a 24-hour work stoppage at Port Jackson and Port Botany. According to the Port Authority of New South Wales cited by GAC, the industrial action is planned to commence at 0600 a.m. on Tuesday, October 24, 20
Swan Energy confirms MOL’s participation in Jafrabad FSRU project
Swan Energy confirmed that Japanese shipper Mitsui OSK Lines grabbed an 11 percent stake in Swan LNG’s FSRU project in Jafrabad, Gujarat.
Solstad Farstad keeps ‘Far Sentinel’ busy till June 2020
Norwegian offshore vessel owner Solstad Farstad has secured a contract extension for one of its vessels in the U.S. Gulf of Mexico. The Oslo-listed company on Thursday said the contract extension was secured for the construction support vessel Far Sentinel. The present contract with Blue Marine has
GTT’s nine-month revenue drops
GTT, the French maker of LNG containment systems, reported a revenue of €168.5 million ($199 million) for the first nine months of the year, 4.6 percent down from the corresponding period in 2016.
Australia’s Woodside names new finance chief
Australian energy company and LNG player Woodside said it had appointed Sherry Duhe as its chief financial officer. Duhe is joining Woodside from LNG giant Shell, where she had held a number of senior positions, most recently as vice president of finance for unconventionals based in Houston. She has
Woodside cuts production forecast on Wheatstone delays
Australia’s Woodside has narrowed its full year production guidance following a later than expected Wheatstone start-up. Wheatstone, the giant multi-billion dollar LNG project began production in the second week of October. The start-up of the giant Chevron-operated LNG development had been planned
Norway ramps up oil output in September but prognosis misses the mark
Norway’s oil production in September this year was above the one produced in the country in the same period last year but below prognosis due to maintenance works on some fields, according to the Norwegian Petroleum Directorate (NPD). The government agency reported on Thursday that preliminary produ