News
ALE performs its heaviest skidding operation on Shell’s Appomattox
ALE, a global heavy-lift specialist, has performed its heaviest-ever load-out operation by hydraulic skidding when performing the back skidding and load-out of the Appomattox hull. ALE said it was contracted to undertake the weighing and skidding integration as well as the load-out and ballasting sc
WoodMac podcast: Egypt’s upstream renaissance
Over the last few years there has been a resurgence in Egypt’s upstream sector boosted by several offshore gas discoveries, most notably the Zohr. The Zohr, made by Eni in August 2015, is the largest gas discovery ever in the Mediterranean, and the first phase of production there is set to begin lat
Siemens Gamesa Proposes New Home for Hull Showpiece Blade
A new, permanent location has been proposed for a Siemens Gamesa wind turbine blade that was installed in the centre of Hull, the UK City of Culture.
Siemens Gamesa Proposes New Home for Hull Showpiece Blade
A new, permanent location has been proposed for a Siemens Gamesa wind turbine blade that was installed in the centre of Hull, the UK City of Culture.
Indian Oil approves Mundra LNG stake acquisition
Indian Oil Corporation has confirmed it plans to acquire up to 50 percent equity in the developer of the 5 mtpa Mundra LNG terminal.
Nido extends SC54A suspension till 2020 on force majeure grounds
Nido Petroleum, recently delisted from the ASX, following the acquisition by BCP Energy Pte. Ltd, has obtained an approval to extend the suspension on activities in its SC54A offshore block in the Philippines. The Block A of Service Contract 54, located in the shallow waters offshore Palawan, contai
Spain’s LNG imports rise in July YoY
Spain’s imports of liquefied natural gas (LNG) rose 39.7 percent in July on a yearly basis, according to the data provided by the LNG terminal operator, Enagás. LNG imports reached 15.6 terawatt hours (TWh) in July, as compared to 11.18 TWh in the same month the year before. More than half of the LN
Bechtel completes Driftwood LNG FEED
Tellurian said the front-end engineering and design (FEED) study for its 26 mtpa Driftwood LNG project has been completed by Bechtel.
Japan’s spot LNG contract price hits 14-month low
The average price of spot LNG imported into Japan that was contracted in July 2017 was at the lowest level since May last year.
MISC’s LNG revenue up in second quarter
Malaysian LNG shipper, MISC reported a 15.8 percent increase in liquefied natural gas revenue for the second quarter of 2017, in comparison to the corresponding period a year ago.
Atlantic Offshore awaits new relief vessel arrival
Shipping company Atlantic Offshore has informed that a new emergency response and rescue vessel (ERRV) will be joining its fleet soon. According to Atlantic, the vessel named Ocean Clever will join the company’s fleet this month. The vessel was built in 2009 in Jiangsu Zhenjiang, China, and is being
Sabine Pass Train 4 to produce 1st commissioning cargo this week
The fourth liquefaction unit at Cheniere’s Sabine Pass export terminal in Louisiana, currently the only such facility to ship US shale gas overseas, is expected to produce its first commissioning cargo this week, according to Cheniere’s chief executive Jack Fusco. Train 4 achieved first LNG producti
KBR to expand services for Saudi Aramco
U.S. engineering and construction services firm KBR has entered into a memorandum of understanding (MoU) with Saudi Aramco to expand and develop its services for the Saudi oil company. KBR said on Wednesday that the deal with Saudi Aramco was in line with the Kingdom of Saudi Arabia’s localization o
New Panama Canal tolls structure approved
The Cabinet Council of the Republic of Panama officially approved a proposal to modify the Panama Canal tolls structure, following a recommendation from the Panama Canal Authority (ACP).