Maritime News

 

Green Light for Arctic LNG 2

Sep 06, 2019

The $21.3 billion Arctic liquefied natural gas (LNG)-2 project on the Gydan Peninsula headed by the Russian largest independent natural gas producer Novatek won a green light on Thursday.The project will have a production capacity of 19.8 million tons per year (Mt/y) and is expected to export its first LNG cargo by 2023, the second and third train to start up by 2024 and 2026.Total has a direct 10% interest in Arctic LNG 2 alongside Novatek (60%)…

Senvion to Sell Assets to Siemens Gamesa

Sep 17, 2019

Insolvent German wind turbine manufacturer Senvion is in exclusive talks with Siemens Gamesa (SGRE) over the sale of a substantial part of its business.The Germany firm said that it has entered into an exclusivity agreement with Siemens Gamesa…

QP Issues Tender for 4 Mega LNG Trains

Sep 15, 2019

The state owned oil and gas company Qatar Petroleum has issued Engineering, Procurement and Construction (EPC) tender for liquid products storage and loading facilities of the North Field Expansion (NFE) Project.The NFE Project involves the…

Aramco Suspends 50% of Production

Sep 15, 2019

Saudi Arabia has temporarily halted production at two Aramco oil facilities that were attacked by Yemeni rebels, interrupting about half of the company’s total output.Saudi Aramco said the production of 5.7 million barrels of crude a day had…

SCD JV Win $10bln NLNG Train7

Sep 13, 2019

The Nigerian Liquefied Natural Gas Company (NLNG) signed a “letter of intent” with SCD JV as preferred bidder to construct the $10bn NLNG Train 7 project.SCD JV  is a joint venture consortium comprising Saipem, Chiyoda and Daewoo.'SCD JV is the preferred bidder for  the contract for the Engineering…

Ireland Calls for More Offshore Wind

Sep 13, 2019

Irish Wind Energy Association (IWEA) chief executive Dr David Connolly has called for greater urgency from the government in the country and across the political system to support the development of offshore wind energy.Ireland currently only…

Xodus Hires Rivers

Sep 10, 2019

Energy consultancy Xodus Group said it has appointed Stephen Rivers as Subsea & Pipelines Manager for Asia-Pacific as the company targets strategic growth and new projects in the region. He will be based in in Perth, Australia.Rivers’ previous…

Gazprom, Kogas for Tighter LNG Cooperation

Sep 09, 2019

Russian oil and gas company Gazprom Neft has announced that a working meeting has been held between Alexey Miller, Chairman of the Gazprom Management Committee, and Hee-Bong Chae, President and Chief Executive of KOGAS.The meeting participants…

Gazprom Neft, USC Join for LNG Project

Sep 08, 2019

Russian oil producer Gazprom Neft, Gazprom gas-engine fuel, and the United Shipbuilding Corporation (USC) have concluded a tripartite cooperation and strategic partnership agreement on developing a liquid natural gas (LNG) fleet and related infrastructure…

Novatek Signs MoU with Petronet LNG

Sep 05, 2019

Russia’s largest independent natural gas producer Novatek signed a memorandum of understanding (MoU) on cooperation with India’s largest liquefied natural gas importer Petronet LNG.The MoU envisages delivering LNG supplies from Novatek's portfolio to the Indian market…

Toshiba Completes Sale of U.S. LNG Biz

Sep 03, 2019

The Japanese multinational Toshiba Corp said that it has completed the sale of its liquefied natural gas (LNG) operation in the United States to French oil giant Total SA, letting go of an asset it deems risky as it continues to restructure…

Wintershall Dea Deputy CEO Steps Down

Aug 28, 2019

Maria Moraeus Hanssen, COO and Deputy CEO of Wintershall Dea, will leave the company at year end to pursue other opportunities, the independent oil and gas company announced on Wednesday.Until on December 31, 2019, Hanssen will continue in her…

ADNOC Logistics Joins LNG MFI

Aug 28, 2019

The LNG Marine Fuel Institute, a non for profit organization based in Perth,  announced the membership of ADNOC Logistics & Services with the growing coalition of companies committed to Australian LNG is the primary marine fuel in transition to carbon free shipping…

Naquin Join HENDERSON

Aug 27, 2019

Drilling rigs and equipment firm HENDERSON said it has named Chris Naquin as senior business development manager.His job responsibilities will include building and maintaining relationships with drilling contractors to service their fabrication…

BIMCO: US Crude Exports Soar in June 2019

Aug 27, 2019

The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million (m) tonnes in June 2019. Also contributing to the June record was South Korea, as exports to the other main Far Eastern buyer reached an all-time high volume of 2…

Current News

Reliance Reaps Record Profit

Reliance Reaps Record Profit

Schlumberger Profit Beats Estimates

Schlumberger Profit Beats Estimates

China Crude Runs Hit Record High

China Crude Runs Hit Record High

Total Says Geopolitics Hurting Crude Supply

Total Says Geopolitics Hurting Crude Supply

Eni CEO: No Future for Firms Working in Just O&G

Eni CEO: No Future for Firms Working in Just O&G

BP Raises Asian Profile

BP Raises Asian Profile

Partners Plan Floating Wind Farm in South Korea

Partners Plan Floating Wind Farm in South Korea

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