Swan Hunter has issued Motive Offshore Group a Letter of Intent (LOI) for the design and build of a basket carousel loading tower. Package Manager John Young said: “We are pleased to announce our agreement with Motive to provide the design and build of our Carousel Loading Tower. This key deliverabl
Following the passing of Hurricane Matthew, the Georgia Ports Authority (GPA) said that its ports are now fully operational after the Savannah River channel reopened. The Savannah River channel reopened for commercial traffic on Wednesday, October 12 at 7 am local time, with 11 vessels transiting th
Some 20,000 gallons of low sulfur diesel fuel were released into the Intracoastal Waterway near Port Isabel, Texas, after a towing vessel allided with a dock, according to the United States Coast Guard (USCG). Namely, the spill was reported in the late evening hours on October 11 when the uninspecte
The United States Federal Energy Regulatory Commission issued a permit to Cheniere Energy to start exporting LNG from its second liquefaction train at the Sabine Pass plant.
Norwegian shipping company GC Rieber Shipping has signed an agreement with Rasmussengruppen to establish a new, jointly owned, marine geophysical company called Shearwater GeoServices. Shearwater GeoServices will become an integrated provider of marine geophysical services to oil and gas and multi-c
Five people have been exposed to poisonous H2S gas at Statoil-operated Sture Terminal in Hordaland, Norway. According to Statoil, at 4:05 pm CET on Wednesday 12 October, notice was given of a workplace accident at the Hordaland. “Five people were sent to Haukeland Hospital after having been exposed
Australia’s Origin Energy that owns a 37.5 percent stake in the Australia Pacific LNG project, extended the A$4.5 billion bank debt facilities maturing in December 2018 to October 2021.
Woodfibre LNG started geotechnical work at the former Woodfibre Pulp Mill near Squamish, the proposed site for its liquefied natural gas processing and export facility.
President of Qatar Petroleum and CEO and Chairman of Qatargas Saad Sherida Al-Kaabi headed to Tokyo to hold discussions with Japanese energy companies.
Italian arm of the environmental group Greenpeace was protesting against offshore drilling in Italy on Wednesday. Members of the organization were flying on a paraglider and a flying rubber dinghy near the Vega platform, located in the Sicily channel, 20 kilometers south of Pozzallo, carrying a sign
Clontarf, an oil and gas company with assets in Ghana, has informed that proposed work program on the Tano acreage offshore Ghana has been submitted to the Ghanaian authorities in Accra. According to Clontarf, the new work program will form part of the ongoing negotiations regarding the terms of acq
Klaipedos Nafta said that in preparations to start the operations of its LNG reloading station currently under construction in Klaipeda, the company has started capacity allocation from 2017.
By Ron Bousso ISTANBUL (Reuters) – While OPEC and other big crude producers work towards a deal to cap production to erode a glut, industry executives are concerned the sharp drop in investment that followed the oil price crash could lead to another crisis – a supply shortage. Over $1 trillion (£0.8
Petroleum Geo-Services (PGS), a marine geophysical company, has surpassed market expectations after saying on Wednesday it expects to report consolidated 3Q 2016 revenues of approximately $220 million. The company also said it expects to report EBITDA of approximately $110 million for the third quar
