Euskalforging has won contracts for the delivery of foundation flanges for the Aberdeen Offshore Wind Farm in the UK and Belgian Rentel offshore wind project.
Construction on the fifth LNG storage tank at the Fluxys-operated Zeebrugge terminal in Belgium is moving forward. The work on the 180,000-cbm storage tank officially began in June 2015. Once completed, it will be the largest tank at the Zeebrugge LNG terminal, with a diameter of 95 metres and a tot
Rex W. Tillerson, until recently a long-serving CEO of ExxonMobil, has officially become the U.S. Secretary of State. Tillerson had recently squeezed narrowly past the Foreign Committee who approved his nomination by a narrow 11-10 vote, and sent him further for a full senate vote, where he was conf
It is day two of the Subsea Expo 12th annual event at the Aberdeen Exhibition and Conference Centre. Here are some of the photo highlights from the exhibition floor Subsea World News took on Thursday. We spoke to several industry players during the event and you will soon be able to read their stori
Houston-based energy giant and LNG player ConocoPhillips reported a loss of $35 million in its fourth quarter of 2016, compared with $3.5 billion in the same quarter a year before. On a per-share basis, ConocoPhillips said it had a loss of 3 cents. Losses, adjusted for one-time gains and costs, came
Polish Gas and Oil Company (PGNiG) on Wednesday opened a trading office for liquefied natural gas (LNG) in London. The office, that is being opened at times when the UK is leaving the European Union, is being run by PGNiG Supply and Trading GmbH, a Germany-based subsidiary of PGNiG. PGNiG said earli
Global oil and gas deal activity in 2016 recovered from a slow start to the year with help from the announcements of midstream and oilfield services (OFS) megadeals. Upstream deal value, however, fell, as no 2016 deal could match Shell’s acquisition of BG in 2015. According to the EY Global oil and
Williams Partners started operations on Gulf Trace project, a 1.2 million dekatherm per day expansion of the Transco pipeline system to serve the Cheniere’s Sabine Pass liquefaction and export terminal in Cameron Parish, Louisiana.
British subsea companies are expecting to increase overseas activity in the next 12 months, according to a survey conducted by industry body, Subsea UK. Subsea UK on Thursday revealed findings from its export survey at the Subsea Expo, the world’s largest subsea exhibition and conference, currently
Woodfibre LNG has submitted an application for an amendment to the Environmental Assessment Certificate that was granted in 2015, for the construction and operation of the Woodfibre LNG project.
By Tomo Uetake and Nobuhiro Kubo TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe is considering increasing energy imports from the United States, two sources familiar with the plan told Reuters, as he prepares to meet President Donald Trump, who has complained about Japan’s trade surplus. Japan
The Hague-based LNG giant Shell on Thursday said its fourth-quarter profit dropped 44 percent year-on-year. Shell’s 2016 fourth-quarter earnings on a current cost of supplies (CCS) basis were at $1 billion compared with $1.8 billion in the same quarter of 2015. “Earnings were impacted by charges of
MSC Cruises, the Swiss-based cruise line, has partnered up with ARTA to develop an LNG bunkering system for MSC Cruises fleet.
Australia’s offshore regulator Nopsema has launched an investigation into the source of an oil sheen that appeared near the West Tuna platform offshore Australia. According to a report by the regulator, on February 1, 2017, Nopsema was informed by Esso Australia Resources of an identified oil sheen
