News
Yemeni Officials Warn of Mine Threat in Red Sea
The shippers have been urged to steer clear of the navigational channel to the east of the Yemeni island of Zuqar in the Red Sea due to possible mines in the area. Namely, the Yemeni Coast Guard warned the shipping community of the possible dangers in the navigational channel following reports that
MMHE bags $226.7 M Bokor platform contract
Malaysia’s construction company Malaysia Marine and Heavy Engineering has been awarded a contract to build an offshore processing platform for Petronas’ Bokor project, offshore Malaysia. MMHE will be responsible for the engineering, procurement, construction, installation and commissioning of a cent
Taiwan’s LNG imports rise in Feb YoY
Taiwan, the world’s fifth largest liquefied natural gas (LNG) buyer, increased its imports of the chilled fuel by 26 percent in February. Taiwan imported 1.28 million mt of LNG in February, as compared to 1.01 million mt in the same month in the same month last year, according to the data released b
AGDC files for Alaska LNG permit with FERC
The Alaska Gasline Development Corporation (AGDC) filed an application with the Federal Energy Regulatory Commission (FERC) seeking permission for its Alaska LNG project.
Air Products names new executive vice president
US-based LNG equipment maker, Air Products named Sean Major as the company’s executive vice president and general counsel, effective May 1, 2017.
Safety body probes construction of Martin Linge production platform
Norway’s offshore safety body, the Petroleum Safety Authority (PSA), has found one non-conformity and several improvement points during a probe of the construction site for Total’s Martin Linge production platform. The offshore safety agency said on Tuesday that the non-conformity was linked to the
Newbuild Orders at Chinese Yards Take a Nosedive
China’s shipbuilding industry has experienced a 25.4 percent plunge in newbuilding orders during the first three months of 2017 compared to the same period a year earlier, according to data provided by the China Association of the National Shipbuilding Industry (Cansi). Namely, the country’s shipbui
Spotted: Boxship Leviathan Arrives at HIT
In today’s spotted we bring you an image of MOL Triumph, the world’s second largest containership, calling at Hongkong International Terminals (HIT) on April 15 during its maiden voyage. The 20,150 TEU boxship, owned by Japanese shipping company Mitsui O.S.K. Lines (MOL), was completed by Samsung He
Panamanian Tanker Attacked in Gulf of Aden
A Panamanian-flagged oil tanker Alheera was rescued by Chinese Navy from a pirate attack on Saturday, April 15 while underway in the Gulf of Aden. The ship was approached by a skiff with five pirates on board who were trying to board the tanker south off Balhaf, Yemen. As understood, the pirates fir
Vice president Pence briefed on Alaska LNG before Asian tour
United States vice president Mike Pence held talks with the Alaskan governor Bill Walker and Alaska Gasline Development Corporation (AGDC) president Keith Meyer about the proposed Alaska LNG project. Speaking after the briefing, Meyer said the “project will be the United States’ largest energy expor
Iran launches new phases of South Pars offshore gas project
Iran has launched new phases of the giant South Pars offshore gas field, which the country shares with Qatar, located in the Persian Gulf. According to the Iranian President Hassan Rouhani’s website, the president on Sunday ordered start of operations on gas platforms of Phases 17, 18, 19, 20, and 2
Oil falls after failed North Korean missile test, U.S. rig count gains
By Aaron Sheldrick TOKYO (Reuters) – Crude oil fell on Monday in quiet trading after the three-day Easter break on signs the United States is continuing to add output, undermining OPEC efforts to support prices, and as the market digested North Korea’s failed missile launch on Sunday. Benchmark Bren
Alaska offers offshore acreage for oil & gas exploration
The U.S. State of Alaska is offering offshore and onshore acreage for oil and gas exploration as part of its latest lease sale. The bid opening will be held in June. The Alaska Department of Natural Resources, Division of Oil and Gas (DO&G), announced on Friday that the public bid opening for the Al
Petronas to expand China LNG business
Malaysian energy giant Petronas is set to expand its LNG business in China, extending its reach to the country’s southern region while looking to expand the volume of supply to its existing buyers.