News
Bibby wraps up Maersk Oil work in North Sea
Bibby Offshore, a UK-based subsea services provider to the oil and gas industry, has completed a project in the North Sea for Maersk Oil. The company was hired to provide both late life production enhancement and decommissioning support in the North Sea. The contract saw Bibby Offshore’s diving supp
Relentless Growth of Cruise Shipping Sector Poised to Press On
The cruise ship fleet is set to grow by 50 percent in the following ten years as cruise liners are expected to resume their ordering spree especially for the mega cruise ships. The current orderbook value stands at USD 47 billion, with 75 ships due for delivery by 2025. European shipbuilders still d
European Commission approves German LNG terminal joint venture
Gasunie said its joint venture with Oiltanking and Vopak has acquired Europen Commission’s approval to create an LNG joint venture planning to build an LNG terminal in Germany.
LDT books regas capacity at Lithuanian LNG terminal
Lithuania’s natural gas supply and trading company Lietuvos Dujų Tiekimas booked 960 GWh of additional capacity at the Klaipeda LNG import terminal.
Unions slam CAA move to revoke Super Puma flight ban
The Norwegian oil workers union is disappointed by the UK and Norwegian Civil Aviation Authorities’ decision to revoke the flight ban for Super Puma helicopters. The Airbus H225LP and AS332L2 type helicopters, popularly known as Super Puma, have been banned from flying since the 2016 fatal helicopte
China to develop 100 mln tons of LNG import capacity by 2025
China’s National Development and Reform Commission said the country’s liquefied natural gas (LNG) receiving capacity could reach 100 million tons by 2025.
Mexico: Eni boosts Amoca estimates to one billion BOE
This week is proving to be a big one for the Mexican offshore oil and gas sector. After Talos said it had made a huge 1 billion discovery in what it said was Mexico’s first private well, Eni has more good news too. In a statement on Wednesday, Eni revealed it had successfully drilled and […]
Natural gas growth to outstrip all other energy sources, Cedigaz says
Worldwide natural gas demand is expected to rise 1.6% per year during 2014-35 and this growth in absolute terms would outstrip that of all other energy sources, a study released by the French international association for gas, Cedigaz, said Tuesday. Cedigaz sees natural gas and LNG as “a key transit
Inpex to boost LNG value chain development
Japan’s Inpex will set up a Gas Business Development Unit as it looks to strengthen its LNG and natural gas marketing functions.
Veresen shareholders approve takeover by Pembina
Veresen shareholders have approved the proposed takeover of the company by Pembina Pipeline Corporation with 99 percent of cast votes in favor of the combination.
UKHO: 72 Pct of Cargo Ships over 20,000 GT Are ECDIS Ready
CLICK TO ENLARGE Almost three-quarters of cargo ships with a gross tonnage of over 20,000 tons are already compliant with the SOLAS-mandated Electronic Chart Display and Information System (ECDIS) deadline of July 1, 2017, according to the latest figures published by the United Kingdom Hydrographic
Amec FW: Bribery probe won’t affect Wood Group merger
The UK Serious Fraud Office has launched an investigation into Amec Foster Wheeler, a UK engineering company set to be acquired by the oilfield services giant Wood Group. In a statement on Tuesday, Amec Foster Wheeler said it was informed by the SFO that it “has now opened an investigation into Amec
Gate LNG starts up new truck loading bays
Gate LNG terminal in the Port of Rotterdam said it has started commercial operations of its two new truck loading bays.
Total takes over Qatar’s giant oil field on Friday
France’s Total in joint venture with Qatar Petroleum will assume operatorship of the Al-Shaheen offshore oil field for a period of 25 years starting on Friday, July 14, 2017. The field produces 300 thousand barrels of oil per day. The concession will be operated by the North Oil Company (NOC), which