Malaysian energy giant Petronas could relocate its Pacific NorthWest LNG project in British Columbia, should the Canadian authorities request such a move.
Seabourn Encore broke its moorings and hit a passing cement carrier in Port of Timaru, New Zealand, on February 12, 2017. The 2016-built cruise ship, owned by the US-based cruise line Seabourn, arrived at the port on Sunday morning and was scheduled to depart for Akaroa, New Zealand, at 6:00 p.m., a
Cluff Natural Resources has abandoned its plans to buy a pair of North Sea licenses from Verus Petroleum. To remind, on May 10, 2016, the company said it had entered into an option with Verus Petroleum to acquire a 25% interest in licenses P1944 (Block 14/20e) and P2156 (Block 15/11 & 16f) located i
By Anshuman Daga and Sumeet Chatterjee SINGAPORE/HONG KONG (Reuters) – China’s state-owned Sinochem is in early talks with Noble Group to buy an equity stake in the embattled trader, three sources familiar with the matter said, in a move that would help it gain access to the commodity trader’s globa
The U.S. Customs and Border Protection has extended the comment period for its proposed modifications of the Jones Act, which could affect the international offshore vessel owners operating in the U.S. The U.S. Customs and Border protection in mid-January issued a document in which it proposes to re
Juris Corp, a law firm specializing in foreign investments into India, acted as a legal advisor to Indian Oil LNG on securing financing for the Ennore LNG terminal.
South Korea’s Kogas, the world’s second-largest corporate buyer of LNG, saw a drop in its gas sales of 2.8 percent in January when compared to the same month a year ago. Kogas said in a filing to the stock exchange it sold 4.05 million mt of LNG equivalent in January, as compared to 4.17 million mt
The first crude oil cargo was offloaded from the Gaza Floating, Storage, Offloading unit (FSO) offshore Libya on Saturday February 11, 2017. The Gaza was launched to replace the Sloug floating, storage, offloading unit at Mellitah Oil and Gas Company’s Al Bouri offshore field. The new floating stora
French company Créocéan, on behalf of the Quadran Group, is set to deploy AXYS Technologies’ WatchKeeper buoy at an offshore site between Port-La Nouvelle and Gruissan in France, where Quadran and Ideol plan to install floating wind turbines.
Jordan Cove LNG project being developed by Calgary-based Veresen filed a new request for the pre-filing review process for the LNG export terminal at Coos Bay, Oregon, increasing the project’s capacity to 7.8 mtpa.
G2 Energy has started work on submitting a Significant Discovery License for the EL1070 license offshore Newfoundland, Canada, to earn 100 percent of NU-Oil and Gas’ (NUOG) working interest in its deep rights. To remind, the two entered negotiations for the transfer of working interest to G2 Energy
Florida’s PortMiami has set a global record in cruise passenger numbers, having welcomed almost 5 million guests in 2016, local media reported. During the 2016 cruise season, the port saw 4.98 million multi-day passengers, a 1.5 percent rise from 4.91 million guests processed in 2015. The rise is in
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Total CEO says first Yamal LNG cargo expected by October Total Chief Executive Patrick Pouyanne said on Thursday that the first shipment from the $27 billion Yamal LNG project it is developing in Russia with Novatek could be sent before October this year. Excelerate lines up seven FSRUs at DSME Exce
