News
Court approves Premier’s debt refinancing plan
Premier Oil, a UK-based oil and gas company which has been working on debt refinancing for months, has made a crucial step in its efforts. The company on Tuesday said its schemes of arrangement had received final sanction at a hearing of the Court of Session in Scotland. Following the sanction of th
Scottish Enterprise Earmarks Funds for Aberdeen Harbour Expansion
Scottish Enterprise has announced that it is contributing GBP 11.7 million to the expansion of Aberdeen Harbour, in addition to a loan of up to GBP 175 million from the European Investment Bank and the support of up to GBP 11 million provided by Aberdeen City and Aberdeenshire Councils via the Aberd
Offshore WIND Edition 3/2017 Focuses on HR and Foundations
Edition three of the Offshore WIND Magazine will boast an HR topic, including interviews with governmental bodies from three countries. Next to that Bent Christensen, Vice President Siemens Gamesa, will feature in the main interview and we will delve deeper into the future of ever-growing turbines w
Offshore WIND Edition 3/2017 Focuses on HR and Foundations
Edition three of the Offshore WIND Magazine will boast an HR topic, including interviews with governmental bodies from three countries. Next to that Bent Christensen, Vice President Siemens Gamesa, will feature in the main interview and we will delve deeper into the future of ever-growing turbines w
ReCAAP: Piracy Incidents Down by 22 Pct in H1
A total of 36 incidents of piracy and armed robbery against ships, comprising 30 actual and six attempted incidents, were reported during January-June 2017 in Asia, a decrease of 22 percent year-on-year, local piracy watchdog ReCAAP said. Of the 30 incidents, 13 occurred on board tankers, eight on b
New Emission Control Rules from 2019 in Hong Kong
Hong Kong will introduce its own regulation to require vessels plying Hong Kong waters to use cleaner fuel from January 2019, UK P&I Club informed. The regulation is said to complement the efforts under the PRC’s Ministry of Transport’s action plan for the Hong Kong, Macau and PRD (Pearl River Delta
Australia exports over 50 Mt of LNG in FY 2017
Australia’s LNG exports are forecast to grow 22.6 percent in the current 2017-2018 financial year after a robust performance in the 12 months to June 30 this year, according to energy consultancy EnergyQuest.
Report: Energean in talks to sell more gas from Tanin, Karish fields
Energean Oil & Gas, a Greek oil company that is increasingly looking abroad, is in talks to sell gas from its recently sanctioned offshore development in Israel. According to Globes, a leading business news website in Israel, the Greek company is discussing a gas supply deal with three companies in
Taiwan continues to boost monthly LNG imports
Taiwan imported 1.46 million mt of LNG in May, up 9.8% from the same month a year before, and a 13.5% rise from April, data released by the Directorate General of Customs showed. Qatar, the world’s top LNG exporter, remained the biggest supplier of the fuel to Taiwan in the month under review. LNG i
Enagás six-months profit boosted by Quintero LNG plant consolidation
Spanish LNG terminal operator, Enagás reported a net profit of €269.1 million ($309.9 million) for the first six months of this financial year, up by 25.6 percent from the same period last year.
First Vessel Over 13,000 TEUs Calls at Port of NY & NJ
On July 17, Hong Kong-based container carrier Orient Overseas Container Line (OOCL) and Salt Lake City, Utah, sailed the largest containership to date into the Port of New York and New Jersey. The 13,208 TEU OOCL Berlin measures longer than 1,200 feet – or the equivalent of 4 football fields – and i
Oil Search: PNG LNG hits highest monthly production average despite maintenance
ExxonMobil-operated PNG LNG project hit a new record, reporting a monthly production average of 8.65 mtpa in June, the highest it recorded since start-up.
Panoro: First oil from Dussafu expected in 2H 2018
Panoro Energy a partner in the Dussafu oilfields, offshore Gabon, has approved the operator’s proposed work program and budget to move forward “at full speed” with the development of the fields. According to Panoro, the operator BW Energy Gabon plans to develop the project via two initial horizontal
Van Oord Picks Seaproof’s Cable Protection Systems for Norther OWF
Van Oord has awarded Seaproof Solutions with a contract for the supply of cable protection systems for the Norther offshore wind farm in Belgium.