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Croatia Publishes Tender for Oil and Gas Exploration

Feb 11, 2019

Croatia published a tender for gas and oil exploration in mountainous areas of the country's central and southern regions, the state hydrocarbon agency said on Monday.'The deadline for submitting bids is Sept.10, 2019 at 1200(1000 GMT). A tentative deadline for awarding licences is December…

Eni Continues High-speed Gulf Drive

Feb 01, 2019

In less than 12 months Eni CEO Claudio Descalzi has turned the Middle East from a sideshow to a strategic hub for the Italian energy major. And the shift is not over.Since last March the 63-year-old has clinched nine deals in the United Arab Emirates…

Croatia Approves Tender for Oil and Gas Exploration

Jan 30, 2019

Croatia on Wednesday approved a tender for oil and gas exploration in mountainous areas of the country's central and southern regions.The details of the tender will be released by the state-run Hydrocarbon Agency, which is in charge of running the process…

Floating LNG Power Vessel Market Set to Exceed USD 1 Bln

Jan 21, 2019

The Global Floating LNG Power Vessel market accounted for $780.14 million in 2017 and is expected to reach $1,073.54 million by 2026 growing at a CAGR of 3.6% from 2017 to 2026.According to a market research report by ResearchAndMarkets, some…

Russian President Commissions Kaliningrad LNG Terminal

Jan 10, 2019

Russian President Vladimir Putin inaugurated a liquefied natural gas (LNG) import terminal that will serve as a back-up gas supply solution for the Russian enclave of Kaliningrad on the Baltic Sea.  The facility includes floating storage regasification unit (FSRU) in Baltic Sea enclave…

Puma Awards EPC Contract to McDermott

Jan 09, 2019

McDermott International, Inc. announced Wednesday it has been awarded a tank contract by Puma Energy (Australia) Fuels Pty Ltd for the engineering, procurement and construction (EPC) of 11 fuel tanks for an import terminal in Kwinana, Western Australia…

8.5% Growth Expected for LNG Bunkering Market by 2026

Jan 06, 2019

The global LNG as a bunker fuel market was valued around US$ 550 million in 2017, and is expected to register a CAGR of over 8.5%.The first five-year cumulative revenue (2017-2021) is projected to be USD 3.4 bn which is expected to increase…

Novatek, Saibu Gas Ink MoU

Jan 02, 2019

Russia's largest independent natural gas producer Novatek said it had agreed with Japan's Saibu Gas to study the possibility for the Russian company to enter the Japanese energy market.Novatek said in a press release that PAO Novatek and Saibu Gas Co Ltd signed a  Memorandum of Understanding (MOU)…

PetroChina Strikes Large Flows in Tarim Exploration Well

Dec 13, 2018

PetroChina Co Ltd struck sizeable oil and gas flows in an exploration well in the Tarim basin of the remote northwestern region of Xinjiang, marking a breakthrough in exploring an earlier untapped region, parent CNPC said on Thursday.Zhongqiu-1 well tested a daily natural gas flow of 330…

Offshore Wind: SeaTwirl Secures Funding

Dec 13, 2018

Swedish floating wind turbine player SeaTwirl has joined the Ocean Energy Scale-Up Alliance (OESA) that has been granted funding from the Interreg North Sea Region.SeaTwirl is a vertical floating wind turbine that was tested off the west coast of Sweden in 2011…

Global LNG to be Major Part of Bunker Fuel Market

Dec 03, 2018

Liquefied natural gas (LNG) ships is expected to be the major application segment in the global LNG as a bunker fuel market.According to a market research report, LNG fueled ships emit zero sulphur oxide emissions along with decline in carbon dioxide gas release by 25%…

Google to Tap the Power of Offshore Wind

Nov 26, 2018

Google invests $700 mln in Danish data center, secures green energyGoogle will invest almost $700 million in a Danish data centre, the latest investment in the Nordic region which is known for its abundant renewable energy.Google said it would…

Big Oil Digs North Sea's 'Final Frontier'

Nov 23, 2018

'Little hope of THIS rock ever producing oil,' BP geologist Bill Senior scribbled in 1977 on a note assessing a recent oil discovery in a distant corner of the North Sea.That same rock is today the heart of BP's prized Clair field in the West of Shetland region…

MENA Region to Lead Global Oil and Gas for Decades to Come: DNV GL

Nov 15, 2018

The world will need less energy from the 2030s onwards, but it will still require a significant amount of oil and gas in the lead-up to mid-century according to DNV GL’s 2018 Energy Transition Outlook, an independent forecast of the world energy mix in the lead-up to 2050…

Ampelmann Strengthens Foothold in the Middle East

Nov 12, 2018

Ampelmann, the global leader in offshore access solutions, has opened its second office in the Middle East in a move to further expand its presence in the region. The office in Dubai (UAE) will be manned by Tim Mulders as Business Developer…

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