News
Trump on Paris Climate deal: “We’re getting out”
U.S. President Donald Trump has announced that the United States will withdraw from the Paris Climate Accord. The Paris Accord committed to tackling the climate change was signed by 195 nations in December 2015, who have pledged to try and keep the global warming going over 2 degrees celsius above p
USA: Sabine Pass LNG exports hit record high in May
Cheniere’s Sabine Pass liquefaction facility has shipped a record monthly amount of LNG cargoes in May since it started exporting the fuel in February last year. The Sabine Pass plant in Lousiana, currently the only such facility to ship U.S. shale gas overseas, exported 18 cargoes in May, totaling
BP and Rosneft agree gas, LNG cooperation
Russia’s Rosneft and the UK-based energy giant BP have on Friday signed an agreement on strategic cooperation in natural gas and LNG. The duo signed a Memorandum of Understanding (MoU) in respect to the sale and purchase of natural gas in Europe. Rosneft and BP agreed to develop integrated cooperati
Gazprom, Shell talk LNG cooperation
Gazprom’s head, Alexey Miller discussed global energy market cooperation with Shell’s CEO, Ben van Beurden during a meeting in St. Petersburg.
Livestock Carrier Denied Entrance to Paris MoU Region
The Paris MoU organization detained a livestock carrier in Midia, Romania, on April 29, 2017. The vessel in question is Youzarsif-H and flies the flag of Togo, which is black on the current Paris MoU White, Grey and Black (WGB) list. The 2,282 gross ton livestock carrier is the third ship to be deta
Petronas’ profit soars in Q1
Malaysian energy giant Petronas reported a RM10.3 billion ($2.4 billion) profit for the first quarter 2017, boasting over 100 percent rise over the corresponding period in 2016.
BP hits gas off Trinidad and Tobago
UK-based energy giant and LNG player BP said its Trinidad and Tobago unit has made two gas discoveries with the Savannah and Macadamia exploration wells unlocking approximately 2 trillion cubic feet (tcf) of gas.
DOE grants non-FTA export permit to Delfin LNG
The United States Department of Energy has authorized Delfin LNG to export up to 1.8 billion cubic feet of natural gas per day from the proposed floating LNG terminal offshore Louisiana in the Gulf of Mexico.
Samsung Heavy and DNV GL to develop new LNG carrier design
Classification society DNV GL and South Korean shipbuilder Samsung Heavy Industries signed a joint development project agreement focused on the development of new liquefied natural gas (LNG) carrier designs. The project aims to develop two 30K LNG carrier designs, one with membrane type LNG tanks an
Rosneft, BP ink gas deal
Rosneft and BP on Friday signed an agreement on strategic cooperation in gas and a Memorandum of Understanding (MoU) in respect to the sale and purchase of natural gas in Europe. During the XXI St. Petersburg International Economic Forum, the two companies agreed to develop integrated cooperation in
Paris, Tokyo MoUs to Conduct CIC on Navigation Safety
The Paris Memorandum of Understanding (MoU) revealed plans to jointly undertake a concentrated inspection campaign (CIC) with the Tokyo MoU, ICS Class informed. The CIC will focus on navigation safety, including electronic chart display information systems (ECDIS). As disclosed, the Black Sea MoU wi
KNOT Offshore Partners takes over Vigdis Knutsen shuttle tanker
KNOT Offshore Partners LP has expanded its fleet with the Vigdis Knutsen shuttle tanker. Namely the company said Friday it completed its acquisition of the ownership interests in the company that owns and operates the shuttle tanker Vigdis Knutsen. The Vigdis Knutsen is an 156,559-deadweight ton shu
Saipem wins Coral offshore drilling deal, and more
Italian energy company Eni has hired Saipem for an offshore drilling campaign in Mozambique, using the drillship Saipem 12000. The award comes as part of Eni’s sanction of the giant Coral FLNG project development, announced on Thursday. The contract is of 15 months’ duration starting mid-2019. It in
Eni nods Coral South FLNG development
Italian energy giant and LNG player Eni has sanctioned the development of the Coral South FLNG project offshore Mozambique.