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LR to Class India’s First FSRU

May 01, 2018

Lloyd’s Register (LR) said it signed a contract to class the first ever floating storage regasification unit (FSRU) to be ordered for Indian waters.Due for delivery in December 2019, the new 180,000m³ FSRU will be built to LR’s Rules for the…

LNG Carrier Seri Camar Delivered to MISC

May 01, 2018

Malaysian shipping firm MISC Group has taken delivery of Seri Cemara, the final vessel in a series of five MOSS-Type liquefied natural gas (LNG) carriers built for long-term charter to Petronas.The 150,200 CBM LNG carrier has been built for…

First Johan Sverdrup Topside Installed

Apr 26, 2018

With the last module of the Johan Sverdrup riser platform lifted into place, the first of four topsides of the next North Sea giant has been installed.“It’s a special feeling to see the first Johan Sverdrup platform in place, even a few days…

Sembcorp Marine Outlook Subdued on Q1 Profit Slump

Apr 25, 2018

Singaporean rig builder Sembcorp Marine Ltd said on Wednesday first-quarter profit fell 86 percent, and signaled a subdued outlook for orders and business volumes.Sembcorp Marine said profit came in at S$5.3 million ($4 million) for the three-month period ended March…

Current News

Oil Goes Down 2% as Saudi Supply Concerns Recede

Oil Goes Down 2% as Saudi Supply Concerns Recede

Indonesia Picks Winners for Six Oil and Gas Blocks, Puts Eight More on Offer

Indonesia Picks Winners for Six Oil and Gas Blocks, Puts Eight More on Offer

PTTEP Gets Thai Approval for Offshore Stake Transfer to Valeura Energy

PTTEP Gets Thai Approval for Offshore Stake Transfer to Valeura Energy

Valeura Finds New Oil Near Manora Field in Gulf of Thailand

Valeura Finds New Oil Near Manora Field in Gulf of Thailand

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Santos Expands LNG Portfolio with Asia, Canada Deals

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

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