GasLog and GasLog Partners said that Simon Crowe informed the boards of both companies of his decision to step down as Chief Financial Officer on June 30, 2017.
Norway’s oil production increased for the third consecutive year in 2016, according to a report by the Norwegian Petroleum Directorate (NPD). The directorate informed on Tuesday that preliminary production figures for December 2016 show an average daily production of 2 094 000 barrels of oil, NGL an
GRTgaz signed a preliminary memorandum of understanding with Engie and Société d’Infrastructures Gazières to acquire 100 percent share in the LNG terminal operator Elengy.
Subsea 7 has made an offer to acquire the remaining 50 percent shareholding in Seaway Heavy Lifting from K&S Baltic Offshore. The terms of the offer are binding on Subsea 7 until July 1, 2017. During this period the Works Council representing the employees of Seaway Heavy Lifting in the Netherlands
New Zealand Oil & Gas (NZOG) has secured a 50.01 percent holding in its subsidiary, ASX-listed Cue Energy Resources. NZOG said on Tuesday that it acquired 13,514,462 Cue shares in the current financial year, increasing its interest from 48.11 to 50.01 percent. The total cost of the acquisition was A
Peru’s only liquefaction facility at Pampa Melchorita shipped two more cargoes to Spain last week.
Linde Engineering North America (LENA), a Linde Group’s company, named Jason Cooper as president and CEO.
Ohio-headquartered LNG engineer, Chart Industries said that its unit, Chart Lifecycle, has acquired Hetsco, from Global Power Equipment Group.
INOC, has launched a Network Operations Center (NOC) services for subsea cable companies. INOC said it plans to discuss its new NOC services offering for subsea networks at PTC’17: Changing Realities, the annual conference of Pacific Telecommunications Council (PTC), taking place January 15-18, 2017
Following a successful 1st edition of the Latin America Port Expansion Summit in Peru, Lnoppen is ready to host its 2nd edition of the event, this time in Colombia. Its strategic position between the Caribbean and the Pacific make Colombia one of the main countries for port infrastructure and invest
National Shipping Company of Saudi Arabia (Bahri) has reported that its net profit for the quarter ended December 31, 2016, plunged by 42 percent, compared to the same period a year earlier. Namely, the company’s net profit for the fourth quarter of 2016 stood at SAR 327.8 million (USD 87.4 million)
South Africa’s Transnet National Ports Authority’s (TNPA) six-berth reconstruction project at the Maydon Wharf Precinct in the Port of Durban has reached a milestone, with berth 13 and 14 now deeper and safer for bigger ships calling at the port. On January 13, 2017, the Port of Durban serviced Brig
FMC Technologies, a US-based provider of subsea systems for offshore oil and gas industry has delivered its last subsea tree, a piece of equipment used for the monitoring and control of production from offshore wells. Namely, the company, which has delivered more than 2000 units over the years, on S
The state-owned Pakistan LNG is set to open financial bids for its two tenders seeking the supply of 240 cargoes of liquefied natural gas on January 19.
