News
Qatari LNG heading for South Hook
South Hook LNG terminal in the UK is scheduled to receive another cargo of Qatari liquefied natural gas next week.
Fortuna FLNG takes another step forward
London-based Ophir Energy on Wednesday said its Fortuna FLNG project in Equatorial Guinea has made another move toward a final investment decision with the award of the midstream construction contracts. LNG shipper Golar LNG has executed amended and novated deals for conversion of the 126,000-cbm LN
TGS, PGS to expand seismic coverage offshore Eastern Canada
Norwegian seismic player duo, TGS and Petroleum Geo-Services (PGS), have decided to expand their jointly owned multiclient library offshore Eastern Canada through a Cape Broyle 3D survey. TGS said on Wednesday that the data for the Cape Broyle 3D survey would be acquired during the summer of 2017. T
Parkmead takes full ownership of UK North Sea license
Parkmead, a UK and Netherlands-focused o&g company, has signed a sale and purchase agreement with Verus Petroleum to acquire a 50% interest in the UK North Sea License P.2209, containing the Farne Extension prospect and a further four prospective leads. License P.2209 comprises two adjacent blocks,
Video: construction of Hoegh LNG’s eighth FSRU in two minutes
Norway-based floating LNG giant, Höegh LNG has posted a video on its social media showing the construction of its eighth floating storage and regasification unit (FSRU) at the Hyundai Heavy Industries’ shipyard in Ulsan, South Korea. The 170,000-cbm FSRU will have a regas capacity of 750 MMscf/day.
Pieridae Energy ratifies labor deal for Goldboro LNG
Canadian LNG project developer Pieridae Energy said it has signed a Goldboro LNG project special needs collective agreement.
Photo of the Day: Tahkoluoto Foundations Waiting for Vole au Vent
Gravity-based foundations that will support the offshore wind turbines at the Tahkoluoto are currently lined up in Pori, Finland, and waiting for the installation vessel Vole au vent, due to arrive by the end of next week.
Sempra Energy’s earnings rise in Q1
San Diego-based energy company and LNG operator Sempra Energy posted an 8 percent rise in its earnings in in the first quarter of this year. Sempra Energy’s bottom line rose to $438 million, or $1.74 per share. This was higher than $404 million, or $1.60 per share, in last year’s first quarter. Reve
Transocean raises $410M to pay for drillship construction
Transocean, world’s largest offshore drilling contractor, has closed a private offering $410 million in senior secured notes with an annual rate of 5.52% and maturing in 2022. The Transaction was closed by Transocean Conqueror Limited, a Transocean subsidiary, and the owner of the Deepwater Conquero
Pertamina negotiating second US LNG volumes swap deal
Indonesia’s Pertamina is negotiating an agreement with an LNG portfolio seller to swap 0.7 million tons of United States liquefied natural gas over a period of five years.
North Korea Ratifies Wreck Removal Treaty
The Democratic People’s Republic of Korea has ratified the International Maritime Organisation’s (IMO) Nairobi International Convention on the Removal of Wrecks. This brings the total number of states to accede to the treaty to 35. The convention, which entered into force in 2015, provides the legal
GOL Offshore in wind-up threat
Debt-laden Indian offshore vessel provider GOL Offshore might be wound up following a court order to appoint a liquidator for the company. In a filing on Bombay Stock Exchange on Tuesday, the vessel operator said that the Court of Bombay had on May 5, 2017 issued the instructions for the admission o
Navantia-Windar Loads Out Two Hywind Floating Foundations (Photos)
The Navantia-Windar consortium has loaded out the first two of the five SPAR-type floating foundations built for Statoil’s 30MW Hywind Scotland floating wind farm.
Navantia-Windar Loads Out Two Hywind Floating Foundations (Photos)
The Navantia-Windar consortium has loaded out the first two of the five SPAR-type floating foundations built for Statoil’s 30MW Hywind Scotland floating wind farm.