News
Woodside Q3 revenue drops, narrows full-year guidance
Australian LNG operator Woodside reported a 7.4 percent drop in third-quarter sales revenue as production from the North West Shelf and Pluto LNG projects declined. Sales revenue in the third quarter dropped to $914 million from $988 million in the year-ago period, while total production declined to
Lithuanian LNG reloading station loads first truck
Klaipedos Nafta’s liquefied natural gas reloading station performed the first LNG truck loading operation as the commissioning works at the facility in the port of Klaipėda.
Industry Welcomes Hywind Opening
The launch of the world’s first floating wind farm marked another milestone, not only for the floating wind technology but for the overall offshore wind industry.
Industry Welcomes Hywind Opening
The launch of the world’s first floating wind farm marked another milestone, not only for the floating wind technology but for the overall offshore wind industry.
Study: Slower Steaming Could Cut Emissions by a Third
Greenhouse gas emissions from three ship types – containerships, bulkers and tankers – could be reduced by a third, on average, by reducing their speed, according to a new study that will be presented to the International Maritime Organisation (IMO) next week. The cumulative savings from reducing th
Petrobras output spikes in September
Brazilian oil giant Petrobras increased domestic oil and gas production in September compared to its output in August. Petrobras informed on Wednesday that its total oil and natural gas production in September was 2.79 million barrels of oil equivalent per day (boed), with 2.68 million boed produced
Photo of the Day: Neptune Mariner Tows Arkona Monopile to Svanen
Landfall Marine Contractors has posted a photo of their Neptune Mariner during the delivery of one of the monopiles for the 385MW Arkona offshore wind farm in the German Baltic Sea, where they are being installed by Van Oord’s heavy lift installation vessel Svanen.
Ophir expands E. Guinea foothold ahead of Fortuna FID
Ophir Energy, a company developing the Fortuna FLNG project in the Block R, offshore Equatorial Guinea, is expanding its foothold in the West African country. The company has this week signed a new production sharing agreement for Block EG-24 offshore Rio Muni, Equatorial Guinea. According to the Eq
Ghana, Ivory Coast set to implement maritime border ruling
Ghana and Ivory Coast have committed to ensure that the recent ruling by an international court on the maritime dispute between the two nations be smoothly implemented. To help achieve the implementation of the court ruling, the two countries have established a joint committee Joint Committee for th
Ophir Energy in Equatorial Guinea exploration deal
London-based Ophir Energy, the developer of the Fortuna FLNG project, has signed a new production sharing contract for an offshore block in Equatorial Guinea. Ophir signed the deal with Equatorial Guinea’s Ministry of Mines and Hydrocarbons and national oil company GEPetrol for Block EG-24 offshore
African Petroleum starts arbitration over Gambian licenses dispute
Oslo-listed independent oil and gas company African Petroleum (AP) has started arbitration proceedings “to protect its interests” related to its licenses offshore The Gambia. According to its statement on Wednesday, the company’s subsidiaries, African Petroleum Gambia Limited and APCL Gambia B.V hav
Report: Security of LNG Supplies Prompting Concern
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 (IEA) latest assessment of global gas security. The report,
Fairfield Nodal heads off Brazil for Libra survey
Fairfield Nodal has set off for deeper waters to acquire and process high-resolution 3D marine seismic data for the Libra consortium off Brazil. The company said on Tuesday that the Libra project was Fairfield Nodal’s first such project offshore Brazil and that it would utilize the proprietary Z3000
Global Petroleum moves towards final award of Italian blocks
Italian authorities have published the remaining two environmental decrees in relation to Global Petroleum’s four applications for offshore permits, marking the final administrative stage before granting the permits. The new decrees relate to applications designated D 80 F.R-GP and D 81 F.R-GP while