Boutique investment bank Moelis & Co has been chosen as an adviser by Saudi Aramco [IPO-ARMO.SE] on what is expected to be the world’s biggest initial public share offering, sources familiar with the matter told Reuters.
French gas and oil giant Total reported on Thursday a rise of 16% in its adjusted net income in the fourth quarter. Total reported an adjusted net profit of $2.4 billion, as compared to $2.1 billion in the same quarter a year before. “After falling from 100 $/b in 2014 to 52 $/b on average […
Woodside-operated North West Shelf project has reportedly halted the LNG and condensate loading operations as a result of bad weather conditions.
Petronet LNG, India’s largest importer of liquefied natural gas, plans to abandon spot cargo purchases in the fiscal year 2018.
Peterson, an energy logistics provider, has signed a teaming partnership agreement with Port Cameron LLC to develop a new, deepwater oil & gas port and supply base facility in the Gulf of Mexico. Peterson informed on Thursday it will provide logistics consultancy services to support the planning and
Last weekend, Vroon’s DP2 platform supply vessel (PSV) VOS Prime carried out a supply run to the wind turbine installation vessel MPI Discovery at the Rampion offshore wind farm in the UK, where MPI Discovery is at work until later this month.
LNG throughput volumes at the Dutch Gate terminal decreased 26.1 percent during 2016 as compared to the year ago, according to the data released by the Port of Rotterdam on Thursday. Total LNG throughput reached 1.7 million mt last year, as compared to record 2.3 million mt in 2015. The reason behin
Five more foreign flagged vessels were detained in UK ports during January 2017 after failing Port State Control (PSC) inspection, the country’s Maritime and Coastguard Agency (MCA) revealed. The ships in question include Skyline Barge 17, Sea Emperor, Fanfare, Salix and BBC Coral. The Netherlands-f
S.D Standard Drillling has taken delivery of three platform supply vessels from Volstad Shipping. Standard Drilling announced the purchase of Volstad’s three Norwegian-built PSVs on January 19, 2017, for a consideration of $40 million. The vessels, of a ST-216L CD type, are Volstad Viking, Volstad S
Japan’s average price of spot liquefied natural gas (LNG) hit its two-year high record during January, according to the data from the Ministry of Economy, Trade and Industry (METI).
AGL Energy is progressing with its plans to build a liquefied natural gas (LNG) import terminal in the southeastern part of Australia to help deal with a potential gas supply shortage in the region. Australia’s second-largest power and gas retailer said on Friday that the feasibility study for the L
Aker Solutions’ revenue fell, and net loss deepened in the fourth quarter of 2016, amid the global market slowdown in demand for oil services. The company expects more of the challenging market conditions ahead, and will pay no dividend for 2016.
UK’s ESG has received UKAS accreditation to carry out marine sediment testing services for offshore environmental monitoring. Under the certification, ESG’s Environmental Chemistry laboratory is able to carry out analysis for a number of pollutants, including polycyclic aromatic hydrocarbons (PAHs),
Spain’s trade unions plan to go on strike on February 20, 22 and 24, 2017 as a response to the government’s plan to reform the Spanish Port System, the International Transport Workers’ Federation (ITF) informed. Namely, as a consequence of the recently announced reform plan by Inigo de la Serna, the
