News
Offshore Energy Exhibition and Conference: Celebrating ten years!
The 2017 edition of Offshore Energy Exhibition & Conference will mark the tenth time the event has been held. To enjoy this milestone we want to share ten facts with you in the run up to October. This can vary from ten things not to forget, then reasons why to attend and for today it […]
APPEA: Australia’s wholesale gas prices below LNG-dependent countries
The highest wholesale prices in 2016 were found in largely LNG-dependent countries, APPEA director Matthew Doman said commenting on the IGU’s Wholesale Gas Price Survey 2017.
Two Vietnamese Sailors Beheaded by Kidnappers
Two Vietnamese sailors who were kidnapped for ransom in November last year were found dead, the Armed Forces of the Philippines (AFP) informed. The bodies of the two decapitated seafarers, identified as Hoang Thong and Hoang Va Hai, were found in Barangay Tumahubong in Sumisip town on Wednesday, acc
SRI: Gov’ts Should Push for Fair Treatment of Seafarers
International backing has been given to a new initiative from London-based Seafarers Rights’ International (SRI), which aims to harness the support of governments worldwide in implementing locally-binding legislation on the fair treatment of seafarers following a maritime casualty. Representatives f
Delek sets in motion Tamar field stake sale
Israeli energy company Delek is set to divest 9.25 percent in Tamar and Dalit fields offshore Israel, to a special purpose company named Tamar Petroleum. According to the sale plan, Tamar Petroleum will offer securities to the public (equity and debentures) that will be registered for trading on the
Stolt-Nielsen sets up small-scale LNG unit
Norwegian-listed shipping company Stolt-Nielsen said its unit, Stolt-Nielsen Gas set up Avenir LNG, a unit to focus on the development of small-scale LNG supply chain.
Rio Grande LNG to widen Port of Brownsville pilot channel
The Brownsville Navigation District reached a provisional commitment by Rio Grande LNG towards the restoration, enhancement and preservation of the Bahia Grande wetland complex.
NZOG returns to Kupe field
New Zealand Oil & Gas has completed the previously announced acquisition of Mitsui’s four per cent interest in the Kupe gas and light oil field, offshore New Zealand for NZ$35 million. The transaction, announced in May, was subject to the Kupe joint venture participants’ pre-emptive rights and other
Sentinel Marine launches last in its fleet of nine new ERRVs
Scottish offshore support vessel provider Sentinel Marine has launched the Malin Sentinel vessel, the last in its fleet of new emergency response and rescue vessels (ERRVs), in China. The ERRV has been launched at a shipyard in Cosco and is currently berthed alongside one of the firm’s other vessels
ICE buys remaining stake in ICE Endex from Gasunie
Intercontinental Exchange operator of global exchanges and clearing houses acquired the remaining stake in ICE Endex from Dutch gas infrastructure company and a shareholder in the Gate LNG terminal in Rotterdam, Gasunie.
Qatar to Boost LNG Exports
Qatar is eager to retain its position as the world’s key exporter of liquefied natural gas (LNG), especially in light of the ongoing dispute with its neighbors which could result in more economic sanctions against the country. On Tuesday, Qatar Petroleum announced its intention to raise Qatar’s LNG
Solstad Farstad delivers ‘REM Etive’ to Fugro
Norwegian new offshore support vessel player Solstad Farstad has completed the sale of its REM Etive vessel to Fugro. Solstad Farstad said that both the sale and delivery of the vessel were completed on Wednesday, July 5, 2017. Initially, the sale was agreed between Solstad Offshore and Fugro in Feb
Nigeria approves national gas plan
Nigeria’s cabinet has approved the national gas policy which should help the country broaden its economy beyond oil. The petroleum ministry said on Wednesday that the gas policy would form appropriate institutional, legal, regulatory and commercial framework for the gas sector, and remove the barrie
Solstad Farstad Completes Sale of Rem Etive to Fugro
Solstad Farstad (SOFF), a merger company of Solstad, Farstad and Deep Sea Supply (DESSC), has completed the sale and the delivery of the subsea construction vessel Rem Etive to Fugro. The Oslo-listed company reached an agreement with Fugro for the sale of Rem Etive in February this year. Prior to th