News
Chrysaor takes $1.5B loan to pay for Shell’s North Sea assets
London-based independent oil & gas company Chrysaor Holdings has secured a $1.5 billion loan facility, which will be used to finance the previously announced deal to buy a package of Shell’s UK North Sea assets for a price of $3 billion. Chrysaor said on Thursday it has completed the syndication of
Spotted: Port of Rotterdam Welcomes Xin Guang Hua
In today’s spotted, we bring you an image of Xin Guang Hua, a semi-submersible heavy transport vessel owned by China’s Cosco Shipping, which arrived at the Port of Rotterdam on April 13 with Western Isles FPSO newbuilding on board. Xin Guang Hua was built by Guangzhou Shipyard International (GSI) in
Lebanon gives more time to oil companies to pre-qualify for offshore licensing round
Lebanese government has extended a deadline to announce the results of the country’s second pre-qualification round related to its first offshore licensing round, which was re-launched earlier this year. According to a Wednesday announcement by the Lebanese Petroleum Administration (LPA), a regulato
Gate LNG throughput low in Q1, but up YoY
LNG throughput volumes at the Dutch Gate terminal rose 65.6 percent in the first quarter of this year as compared to the same period a year ago, according to the data released by the Port of Rotterdam on Thursday. Total LNG throughput reached 234,000 mt in the first quarter, as compared to 142,000 m
Singapore opens LNG truck loading station
Singapore LNG Corporation and the Maritime and Port Authority of Singapore launched the LNG truck loading facility at the SLNG terminal on Jurong island.
California Set for Offshore Wind Meeting
Today, 13 April, the U.S. Bureau of Ocean Energy Management (BOEM) will join the State of California in sharing information on current planning activities for possible wind development off the state’s coast during a public meeting in San Luis Obispo.
California Set for Offshore Wind Meeting
Today, 13 April, the U.S. Bureau of Ocean Energy Management (BOEM) will join the State of California in sharing information on current planning activities for possible wind development off the state’s coast during a public meeting in San Luis Obispo.
U.S. Gulf of Mexico oil production breaking records. Set to rise further
Oil production from the U.S. Gulf of Mexico broke an annual record in 2016, and it set to continue to rise in the upcoming two years as new projects go online. According to the U.S. Energy Information Administration the GOM production in 2016 set annual high of 1.6 million barrels per day (b/d), sur
Lloyd’s Register grants AIP for Wärtsilä and CHI’s LNG fleet concept
Natural gas operating fleet concept jointly developed by Wärtsilä and COSCO shipping Heavy Industry received Lloyd’s Register’s approval in principle (AIP).
PPP in trading halt pending asset disposal announcement
Pan Pacific Petroleum’s shares will be placed in a trading halt at the Australian Stock Exchange at the company’s request. The company has called for a trading halt pending the anticipated announcement of disposal of the company’s “major undertaking venture.” The trading halt is expected to end eith
Peru ships rare LNG cargo to Mexico
Peru’s natural gas liquefaction and export facility at Pampa Melchorita shipped it’s first cargo of the year to Mexico.
Kinder Morgan, DCP Midstream to cooperate on Gulf Coast pipeline project
Kinder Morgan’s unit, Kinder Morgan Texas Pipeline, signed a letter of intent with DCP Midstream to participate in the development of the proposed Gulf Coast Express pipeline project.
India’s Dockworkers Planning Nationwide Strike
India’s labour unions, representing dockworkers employed at major ports, have announced an indefinite nationwide industrial action starting April 19, 2017. The ports that are likely to be affected by the strike are Kolkata, Paradip, Visakhapatnam, Chennai, Tuticorin, Cochin, New Mangalore, Mumbai, J
Somali Security Forces Free Indian Crew after Standoff with Pirates
The crew of the Indian cargo ship that was taken by Somali pirates on April 1st have been released after a standoff with Somali security forces, Oceans Beyond Piracy (OBP) confirmed to World Maritime News. Up to 11 crew members were said to be on board MV Al Kausar when it was hijacked. Two crew mem