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Excelerate, Equinor Perform First STS LNG Transfer

Feb 17, 2019

The first ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) was completed in The Bahamas by Excelerate Energy and Equinor Energy AS.According to Excelerate, which provides transportation and marketing of LNG, its floating storage…

Welcon to Build World's First TetraSpar Foundation

Feb 17, 2019

Denmark’s Welcon has received the order to produce the first TetraSpar floating offshore foundation for a consortium comprising Shell, Innogy and Stiesdal Offshore Technologies.We are very proud to be involved in this exciting project, which…

Polaris Bunkered in Finland

Feb 17, 2019

The world’s first LNG-fueled icebreaker, Polaris, received liquefied natural gas (LNG) fuel in January from the Pori LNG import terminal and in February from the Manga LNG terminal located in the Röyttä Harbor in Tornio, Finland.  The commercial use of the Tornio import terminal begins this year…

Neptune Renews IRM Contract with Sea Mar Shipping

Feb 17, 2019

Dutch offshore vessel operator Sea Mar Shipping has won a three-year plus 2 x one year options for its IRM (Inspection, Repair and Maintenance) vessel Sea Mar Splendid from Neptune Energy Netherlands.The vessel and crew will support Neptune…

Anadarko, Bharat Petroleum Sign LNG Deal

Feb 17, 2019

American petroleum and natural gas exploration and production company Anadarko, on behalf of the Mozambique Area 1 partners, signed a deal with Bharat Gas Resources (BGR) for the supply of liquefied natural gas (LNG) volumes from the Mozambique LNG development…

Gazprom to Start Gas Supply to China

Feb 17, 2019

Russian gas giant Gazprom will start supplying Russian natural gas to China via the Power of Siberia pipeline almost one month early than previously planned.Alexey Miller, Chairman of Gazprom Management Committee, said after the negotiations with representatives of Chinese partner CNPC in Beijing…

Groningen Seaports, Vopak Push Solar Power

Feb 17, 2019

The Dutch tank storage company Royal Vopak,  Groningen Seaports and Whitehelm Capital announce their intention to jointly invest in a 27 MW solar park. The solar photovoltaic field will be one of the largest currently in the Netherlands.The…

Epic Gas Bullish on LPG Carriers Market

Feb 17, 2019

Global seaborne liquefied petroleum gas (LPG) volume is expected to grow by over 6% in 2019 and surpass 100 million tonnes for the first time.Singapore based provider of pressurised LPG vessels, Epic Gas said that it is well positioned to benefit…

EIA: Azerbaijan Surges in Natural Gas

Feb 15, 2019

Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, the US Energy Information Administration said in its report.The EIA’s report notes that Azerbaijan’s exports of natural…

Oil & Gas M&A Deal Value Up in 2018

Feb 15, 2019

Global oil and gas total deal value increased by US$ 79.7b during 2018 to reach US$426.8b, despite a decrease of 18% in deal volume, said EY Global oil and gas transaction review 2018.It said that while the first two quarters of 2018 saw greater deal appetite aided by rising oil prices…

Sonomatic Expands in Aberdeen

Feb 15, 2019

Services company Sonomatic announced it plans to expand radiography capacity within its base at The Core, Bridge of Don, bringing the total number of bays available to five.Sonomatic, a provider of advanced and conventional NDT inspections, engineering…

US Rig Count Climbs

Feb 15, 2019

U.S. energy firms this week increased the number of oil rigs operating for a second week in a row amid concerns that crude supplies will swamp global demand as U.S. output keeps growing from record levels.Companies added three oil rigs in the week to Feb…

Anadarko Nearing FID for Mozambique LNG

Feb 15, 2019

U.S. independent energy producer Anadarko moved closer to a final investment decision (FID) to build a giant liquefied natural gas (LNG) terminal in Mozambique after signing up an Indian buyer for the gas and saying another deal was imminent…

South Africa: Has Up to 60 tcf of Offshore Gas Potential

Feb 15, 2019

South Africa, where oil major Total recently made a big offshore discovery, said on Friday it had potential gas resources of up to 60 trillion cubic feet in waters off its coast.Last week Total's chief executive said its offshore discovery probably contained 1 billion barrels of total resources…

Petrobras Will Pay to End Whale Park Dispute

Feb 15, 2019

Brazil state-run oil firm Petroleo Brasileiro SA said on Thursday it had concluded a long-running dispute with the country's ANP petroleum regulator, agreeing to pay 3.5 billion reais ($940 million) to end an oil-royalty spat.Dating back to 2014…

Current News

ADNOC’s XRG Partnres Up with Petronas for Offshore Gas Block in Caspian Sea

ADNOC’s XRG Partnres Up with Petronas for Offshore Gas Block in Caspian Sea

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Valeura Energy Greenlights Wassana Oil Field Redevelopment off Thailand

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

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