News
Russia’s Gazprom begins TurkStream gas pipeline construction
Russian gas giant Gazprom has started construction on the TurkStream natural gas pipeline under the Black Sea to Turkey. Gazprom said in a statement that Allseas’ vessel Audacia had started laying pipes on the Russian shore of Black Sea. Construction works for the TurkStream gas pipeline in the deep
Popular news, May 1 – 7, 2017
The most popular articles of the week May 1 – 7, 2017
Top news of the week May 1-6
Fortuna FLNG umbrella agreement signed Fortuna FLNG project partners signed an umbrella agreement that establishes the full legal and fiscal framework for what is claimed to be Africa’s first deepwater FLNG project. Singapore launches 1st standard for LNG bunkering Singapore has launched its first b
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (May 01 – May 07). A subsea technology spin-off from Norwegian firm Fuglesangs has signed an agreement with Aker BP, Lundin and NOV to develop and test a full scale prototype of what is marketed as ‘th
GasLog posts Q1 profit, amends LNG tanker charter deal
Monaco-based LNG shipper GasLog on Friday reported first-quarter net income of $8.8 million, after reporting a loss in the same period a year ago.
Woodside: First gas from Browse expected in mid-2020s
Australian oil and gas company Woodside expects first gas from its Browse basin fields offshore Australia to start flowing in mid-2020s. This was revealed by Peter Coleman, Woodside CEO, at the company’s annual general meeting on Friday. The Browse project aims to commercialize the Brecknock, Callia
Engie’s first quarter profit dips
French utility and LNG player Engie, reported a decrease in profit for the first quarter 2017 “impacted by unfavorable scope effects.”
International offshore rig count for April down year-on-year
The international offshore rig count in April – meaning active rigs – was 201, an improvement March when the number stood at 197. Year on year, however, the April number shows a drop of 19 units when compared to 220 counted in April 2016. This is according to a monthly rig count provide by the [&hel
Gallery: Zeebrugge Welcomes MSC Preziosa
Image Courtesy: Cruise Port Zeebrugge/Tibo Deprest MSC Preziosa, a cruise ship owned by Swiss MSC Cruises, has visited Cruise Port Zeebrugge in Belgium for the first time. The 139,072 gross-ton vessel arrived at the port in the afternoon hours of May 4. Sailing from Hamburg, MSC Preziosa, which feat
Ampelmann Trials Electrical Trolley on Esvagt Froude SOV
Ampelmann has completed offshore trials of the first electrical trolley, named CargoLight, on the Esvagt Froude Service Operation Vessel (SOV), which is working for Siemens Wind Power at the Baltic 2 offshore wind farm in Germany.
Engie, AES to jointly sell LNG in Central America
France’s Engie and AES Corporation have agreed to form a joint venture to sell liquefied natural gas (LNG) to third parties in Central America. The joint venture will utilize the Costa Norte LNG terminal currently under construction in Colón, Panama, which is owned 50/50 by AES and Inversiones Bahía
Shell’s energy and LNG trading units name new heads
The Hague-based LNG giant Shell’s units, Shell Energy Europe (SEE) and Shell LNG Marketing and Trading (SMLT) have named new leads for their businesses.
Woodside CEO sees first Browse LNG in mid-2020s
Woodside Chief Executive Peter Coleman said Friday that the company expects first liquefied natural gas (LNG) produced from its Browse field offshore Western Australia in the mid-2020s. Speaking at the company’s annual general meeting, Coleman confirmed that is more likely the natural gas from the B
Maryland Against Trump Lifting Oil & Gas Drilling Ban
The U.S. President Donald Trump last week signed a new executive order that asks for a review of the oil and gas drilling bans imposed by the Obama administration.