News
Woodside CEO: LNG shortage looms unless no new investment decisions taken
The liquefied natural gas (LNG) market is heading toward a supply shortage unless investment decisions in new production projects are taken soon, Peter Coleman, Chief Executive of Australian LNG player Woodside said on Tuesday. “We are meeting at a time of transition for gas. There is an abundance o
AG&P unveils new LNG supply solutions
AG&P (Atlantic, Gulf and Pacific Company) unveiled two standardized modular designs for LNG supply network aimed at enabling last-mile delivery to LNG demand centers scattered across Southeast Asia, South Asia and the Caribbean.
FAR boosts Guinea-Bissau acreage
Australian oil company FAR Limited has been given more interest in licenses offshore Guinea-Bissau as well as an extension of the license periods. Negotiations have concluded with the National oil company of Guinea-Bissau, Petroguin, to revise the terms of both the Sinapa and Esperanca licenses to w
Lloyd’s Register enters oil & gas services JV in Ghana
Lloyd’s Register has signed an agreement with GOSCO to form a joint venture dedicated to providing well project management, well engineering and associated site survey, geotechnical and rig inspection services, in the territorial waters of Ghana. The aim of the joint venture company, known as ‘Lloyd
Offshore regulator calls for bids on three parcels in Jeanne d’Arc region
Canadian offshore oil & gas regulator, the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), has issued a Call for Bids in the Jeanne d’Arc region under the Scheduled Land Tenure Regime. The Scheduled Land Tenure system is designed to provide increased timeframes for calls for bid
Room for improvement found on Johan Sverdrup welding work
Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has found two improvement points during an audit of detail engineering and fabrication of Statoil’s Johan Sverdrup drilling platform. Johan Sverdrup is an oil and gas field under development at the Utsira High in the North Sea, 16
Oceanscan Buys Teledyne BlueView Subsea Sonars
Oceanscan has purchased several Teledyne BlueView M900-130 subsea imaging sonars. The M series sonars are 30% smaller than the older P Series, the company noted. The Teledyne BlueView M series is commonly used as a pilot aid when navigating unmanned underwater vehicles especially in turbid and low l
Update: Growing Concern for 22 Missing Seafarers
There is little hope for the 22 missing crew members following the sinking of a South Korean very large ore carrier (VLOC) Stellar Daisy, Reuters reports citing Uruguayan Navy official. “The more hours pass, the less the chances are of finding them,” Gaston Jaunsolo, spokesman for the Uruguayan Navy
Talks underway to ship east Mediterranean gas to EU via pipeline
European Commissioner for Climate Action and Energy Miguel Arias Cañete has said that the gas found in the Mediterranean Sea will be one of the keys towards boosting European energy security. He said this during the ministerial meeting at EastMed Energy Summit hosted by Isreali energy minister Yuval
Tellurian’s Driftwood LNG files formal FERC application
Tellurian, the US LNG player formed through the merger between Magellan Petroleum and Tellurian Investment, has filed a formal application with FERC for the 26 mtpa export plant near Lake Charles, Louisiana.
Rampion OSS Topside En Route to OWF Site
The topside for the Rampion offshore substation has departed Rosyth and is on its way to the project site.
Qatar developing new gas project in giant offshore field
Qatar Petroleum has decided to press ahead with development of a new offshore gas project. The company said Monday it would be working to bring to production a gas project situated in the southern sector of the North Field. This also marks the lifting of the 2005 moratorium the Qatari government imp
Somali Pirates Hijack Cargo Vessel off Yemen
Somali pirates have hijacked a cargo vessel en route from Dubai to either Bosasso, Somalia or Al Mukalla, Yemen, in the vicinity of Socotra, Dryad Maritime told World Maritime News referring to the data from United Kingdom Marine Trade Operations (UKMTO). The vessel is believed to have been taken to
Qatar to boost gas production, North Field moratorium lifted
Qatar, the world’s largest LNG exporter could see a rise in export volumes as state-owned Qatar Petroleum revealed intentions to develop a new gas project in the country’s North Field.