Shell’s first LNG Outlook: LNG demand to grow at twice the rate of gas demand The Hague-based LNG giant Shell on Monday launched its first” LNG Outlook”, an assessment of the global liquefied natural gas (LNG) market. Explosion hits Nigeria LNG pipeline Nigeria LNG, the operator of the 22 mtpa lique
What can be done to achieve lower costs? Which technology is required and where can companies and industries collaborate? Offshore WIND spoke to ECN’s expert in wind energy Peter Eecen on new insights that follow from ECN’s work within FLOW, the Far and Large Offshore Wind collaborative research pro
Unless the International Maritime Organization (IMO) makes significant progress as part of its CO2 reduction strategy for the shipping sector the industry could be vulnerable to regional action, the Chairman of the International Chamber of Shipping, Esben Poulsson believes. Speaking in Indonesia tod
Hydraulic systems specialist, Webtool, has introduced a new gripping and lifting tool for recovering subsea cable during offshore wind projects.
Hydraulic systems specialist, Webtool, has introduced a new gripping and lifting tool for recovering subsea cable during offshore wind projects.
The U.S. Department of Justice (DoJ) on Thursday ordered Wood Group PSN, a Houston-based division of an oil and gas services company Wood Group, to pay $9.5 million in two separate cases involving its conduct in the Gulf of Mexico. Specifically, Wood Group PSN was ordered to pay $7 million for false
Stricken barge carrier Tide Carrier that dragged anchor on Wednesday south of Bergen, Norway has been towed to safety on Thursday morning. Namely, the 263-meter vessel was drifting toward the coast and was in danger of going aground following an engine failure while sailing off Feistein Fyr. Twenty
Houston-based LNG engineer KBR reported a fourth-quarter net loss of US$87 million compared to net income of $42 million in the corresponding quarter a year before.
US LNG export player Cheniere said Friday its unit Sabine Pass Liquefaction intends to offer $800 million senior secured notes due 2037. Sabine Pass Liquefaction would enter into a note purchase agreement to issue and sell $800 million principal amount of 5.00% senior secured notes due 2037 in a pri
ExxonMobil has received consent from the Norwegian offshore safety body, Petroleum Safety Authority (PSA), to extend the lifetime of the facilities on the Sigyn field, offshore Norway. ExxonMobil is the operator of the Sigyn field with 40% interest and Statoil is its partner with 60% interest. Sigyn
NorthConnect, a power link between Scotland and Norway has received European Union support with an agreement to part fund the development phase of the 650 km interconnector. NorthConnect will receive over EUR 10 million from the Connecting Europe Facility, the EU’s funding support programme for infr
US LNG engineer, Chart Industries reported a net income of US$28.2 million for the year 2016 after reporting a net loss of $203 million a year before.
Spain’s imports of liquefied natural gas (LNG) dropped 4.8 percent year-on-year due to a month-long outage at the Skikda export facility in Algeria. LNG imports reached 14.4 terawatt hours (TWh) in January, as compared to 15.1 TWh in the corresponding month a year ago, according to the data provided
The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) reported on Friday that OPEC and non-OPEC countries are on the right track towards full conformity with their adjustments in production but there is still room for improvement. The Joint OPEC-Non-OPEC Technical Committee (JTC) held its
