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Neptune Acquires Interests in Offshore Indonesia

Jul 29, 2019

Neptune Energy East Sepinggan, subsidiary of the European exploration and production company Neptune Energy has agreed to acquire interests from the Eni East Sepinggan Limited, a unit of Eni in the Kutei basin production sharing contracts (PSC) offshore Indonesia…

Jereh Builds 10 LNG Fuelling Stations in Russia

Jul 26, 2019

Chinese oil and gas company Jereh has announced that it has won a contract to construct 10 new LNG fueling stations in Russia.According to a statement from the company, it won the bid for 10 LNG fueling stations in Russia, which is believed…

Europe Installs 1.9 GW Offshore Wind Capacity in H1

Jul 26, 2019

Europe added 1.9 GW of new offshore wind was installed in the first half of 2019, up from the 1.1 GW added in the same period in 2018, according to figures released by WindEurope.The UK (931 MW), Denmark (374 MW), Belgium (370 MW) and Germany (252 MW) accounted for these installations…

Global LNG Demand Up 16%: GasLog

Jul 25, 2019

Global liquefied natural gas (LNG)  demand was 86 million tonnes (mt) in the second quarter, compared with 74 mt in the second quarter of 2018, an increase of 16%, said GasLog Partners, the international owner and operator of LNG carriers.Monaco…

TechnipFMC: Record Orders, Backlog in Q2

Jul 25, 2019

Franco-American oil services company TechnipFMC received a record volume of orders in the second quarter, pushing its backlog of projects to a peak thanks to new liquefied natural gas projects, it said on Wednesday.The records could signal a…

EM&I Bags Japanese FPSO Operator Contract

Jul 24, 2019

International asset integrity specialist EM&I Group received an order from a major Japanese FPSO operator for an FPSO based offshore New Zealand.The order  initially for tank inspection during which time EM&I’s ‘NoMan’ robotic tank inspections…

LDA Wins French Offshore Wind Work

Jul 24, 2019

French maritime firm Louis Dreyfus Armateurs (LDA) Group announced that its subsidiary Louis Dreyfus TravOcean has signed its first contract related to the development of offshore windfarms in France.The transport and logistics company said that the contract for supply…

Last Yamal LNG Arctic Ships on Sea Trials

Jul 22, 2019

The last of 15 Arc7-classed tankers ordered for the liquefied natural gas (LNG) production plant Yamal LNG in Russia's Arctic north are undergoing sea trials around a South Korean shipyard, Refinitiv Eikon shipping data showed on Monday.The…

Offshore wind: One-stop power conversion

Jul 22, 2019

With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions-areas compliance of their wind-service vessels will be warmed to know there’s someone they can talk to…

Vietnam: Chinese Vessel Violated its Sovereignty

Jul 19, 2019

Vietnam on Friday accused a Chinese oil survey vessel and its escorts of violating its sovereignty and demanded that China remove the ships from Vietnamese waters.Vietnam and China have for years long been embroiled in a dispute over the potentially…

Van Oord Completes Foundation for EA1

Jul 19, 2019

Dutch maritime contracting company Van Oord has installed the last jacket foundation for offshore wind farm East Anglia ONE (EA1) and delivered it to client ScottishPower Renewables.Van Oord was in charge of the transportation and installation…

IMO2020: The Rise of Bulk Liquid Hydrogen in Norway

Jul 16, 2019

Imagine a power distribution network where excess renewable energy from hydropower, wind, solar, and nuclear energy is converted to hydrogen and used as transportation fuel in the maritime industry. With the allure of a zero emissions fuel,…

Airborne Oil & Gas Hires New Director

Jul 16, 2019

Manufacturer of thermoplastic composite pipelines (TCP), Airborne Oil & Gas (AOG) announced new operations director Mark Stokes has joined its management team.The appointment is part of the company’s continued investment strategy to increase…

LNG Bunkering Market to Reach $12bn by 2024

Jul 11, 2019

The global LNG bunkering market was valued at approximately USD 397.70 million in 2017 and is expected to generate revenue of around USD 11899.60 million by the end of 2024, growing at a CAGR of around 59.4% between 2018 and 2024.LNG bunkering…

Floater Sector Active Despite Market Volatility

Jul 08, 2019

Activity in the floating production sector has not been slowed by the recent volatility seen across global oil markets, according to a recent report by World Energy Reports (WER).Brent oil, which had reached as high as the mid $70 range earlier this year…

Current News

Iran's South Pars Field Tops 700 MCM/Day Output

Iran's South Pars Field Tops 700 MCM/Day Output

Chinese Refiners Buy Rare North Sea, Guyana Crude at Low Prices

Chinese Refiners Buy Rare North Sea, Guyana Crude at Low Prices

Tankers Carrying U.S. LNG Heading to China After Tax Waivers Granted

Tankers Carrying U.S. LNG Heading to China After Tax Waivers Granted

Australia: Shell Postpones Crux Project FID

Australia: Shell Postpones Crux Project FID

Total Sells Brunei, Sierra Leone, and Liberia Assets for $400M+

Total Sells Brunei, Sierra Leone, and Liberia Assets for $400M+

Petrofac Confirms Capex, Jobs, Salaries Cuts

Petrofac Confirms Capex, Jobs, Salaries Cuts

Pertamina Q1 Oil Output Slightly Below Target

Pertamina Q1 Oil Output Slightly Below Target

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