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Woodside Expands LNG Supply

Apr 15, 2019

Australian exploration and production company Woodside has opened a liquefied natural gas (LNG) truck loading facility at its Pluto LNG project in Western Australia (WA), as it looks to develop the domestic LNG market for remote power generation and transport fuels…

Mexico to Offer Pemex One Year Lifeline

Apr 14, 2019

Mexico will offer its ailing state oil company Pemex a lifeline for only one year by dipping into its budget stabilization fund, Finance Minister Carlos Urzua said on Friday, ruling out that the government will absorb the debt.With $106 billion in financial debt…

Keppel Makes First LNG Cargo Import from N. America

Apr 14, 2019

Singapore's Keppel Gas, a wholly owned subsidiary of Keppel Infrastructure Holdings, has completed its first liquefied natural gas (LNG) cargo import under Singapore's spot import policy.The policy allows gas customers in the Republic to import…

Aus Upstream Capex Touches at US$10bln pa

Apr 14, 2019

The Australian renewable energy pipeline is surging above 100GW of solar, wind and utility storage projects. Investment is currently matching upstream capex, at US$10 bn per annum.Only 1GW is currently owned by Upstream companies – the majors…

Chevron Buys Anadarko for $50Bln

Apr 12, 2019

Chevron, the second-largest US oil and gas company, has agreed a $50bn deal to buy Anadarko Petroleum (APC)  in a massive deal that will bolster its natural gas and shale operations.The cash and stock deal announced Friday values Anadarko at $65 per share…

Danos Awarded Major Permian Contract

Apr 12, 2019

Danos has been awarded a significant contract across multiple services lines with a Texas-based, independent exploration and production company. The project will leverage Danos’ Amelia Integrated Services Complex to fabricate piping and structural…

Macquarie Kicks off Sale of Wind Assets in Italy and France

Apr 12, 2019

Infrastructure fund Macquarie has kicked off the sale of its Renvico wind farm portfolio located in Italy and France worth around 400 million euros ($450 million), four sources familiar with the matter said.The Australian fund, advised by Rothschild…

New Jack Up Fitted with Huisman Crane

Apr 12, 2019

Huisman has been awarded a contract for the design, engineering, construction and delivery of the main crane on Jan De Nul’s newest offshore wind turbine installation vessel ‘Voltaire’.The crane will be unique in its size, capacity and novel…

NOIA Applauds Confirmation of Interior Secretary

Apr 12, 2019

National Ocean Industries Association President Randall Luthi has issued the following statement on the Senate confirmation of David Bernhardt as Secretary of the Interior:“I congratulate David Bernhardt on his confirmation as Secretary of the Department of the Interior…

Chevron to Buy Anadarko for $33 Bln

Apr 12, 2019

Chevron Corp on Friday said it will buy oil and gas producer Anadarko Petroleum Corp for $33 billion in cash and stock in a deal that doubles down on its bet on U.S. shale and LNG as U.S. energy production is shattering records.The deal makes Chevron the second-largest major by crude production…

China, France to Develop OWP Project

Apr 12, 2019

China Energy Investment Corporation (CHN Energy) and Électricité de France Group (EDF Group) have signed a deal to jointly develop an offshore wind power project in China’s eastern Jiangsu province, Chinese official media reported.As per the agreement…

Study Shows LNG Forming Pathway to IMO 2050

Apr 11, 2019

Greenhouse Gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels over the entire life-cycle from Well-to-Wake (WtW).An independent study report confirms that emissions of other local pollutants…

​​​​BP Plans to Exit China's Shale Gas

Apr 11, 2019

European oil major BP plans to exit from two production sharing contracts (PSC) for projects drilling for shale gas in the southwestern Chinese province of Sichuan, three sources with the knowledge of the matter said this week.BP is the last of the international oil majors…

Total, Exxon Sign for Papua New Guinea LNG Project

Apr 11, 2019

French energy giant Total and its partners ExxonMobil and Oil Search have signed the Gas Agreement with the Independent State of Papua New Guinea defining the fiscal framework for the Papua LNG Project.The Papua LNG project Gas Agreement allows…

Petronas Expands LNG Supply

Apr 11, 2019

Malaysian oil and gas company Petroliam Nasional Berhad (Petronas) said that it is well-positioned to meet rising LNG demand and expands its flexible and innovative LNG solutions for existing and new markets.'With its growing portfolio of LNG supply sources in Malaysia…

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