Klaipedos Nafta, the operator of the first Lithuanian LNG terminal said Friday that sales revenues from the import facility rose 1.9 percent in September. Sales revenues coming from the regasification activity from Höegh LNG’s FSRU Independence located in the port of Klaipeda were at 5.5 million eur
Suncor Energy UK has closed the previously announced purchase of a 30 percent participating interest in the U.K. North Sea Rosebank project from OMV (U.K.) Limited. Suncor said on Thursday that all necessary regulatory approvals for the transaction announced in August this year have been received an
Texas-based NuBlu Energy said it has started the construction of its natural gas liquefaction plant in Port Allen, Louisiana.
Following reports that OneSubsea was looking to reduce its workforce in the UK by 600, the company has confirmed it is considering ceasing activities in its factory in Leeds. A spokesperson for OneSubsea told Offshore Energy Today that the company’s order intake has been dramatically impacted by the
The Norwegian Union of Energy Workers (Safe) has refused to accept the negotiated result for the oil agreement, which also covers land-based facilities in Norway. This settlement has now gone to mediation, with the deadline set at midnight, Norwegian Oil and Gas Association, representing employers,
Norwegian-listed shipping company Stolt-Nielsen is aiming to decide on ordering two small-scale LNG carriers during the fourth quarter of this year. The order for the small-scale carriers is “ready to be confirmed,” Niels Stolt-Nielsen, CEO of Stolt-Nielsen said in a conference call on Thursday afte
The Malaviya Seven, one of the two Indian-owned and -flagged ships whose crews have been left abandoned in the UK, has been detained again by the country’s Maritime and Coastguard Agency (MCA), according to the International Transport Workers’ Federation (ITF). The detention, which was put in place
The Malaviya Seven offshore support vessel has caught the media attention again, and not for a good reason, again. To remind the Indian-flagged vessel had been detained in the UK in June after the owner had not paid its workers for months. At the time, the RMT union slammed what it described as a “b
Nautilus Minerals informed that the Production Support Vessel (PSV) was floated in the Fujian Mawei Shipyard dry dock last week to allow the launch of two adjacent vessels. The steel cutting ceremony for the PSV took place on September 25, 2015. The vessel is to be used by the Nautilus Minerals and
The European Border and Coast Guard Agency has been officially launched today at the Kapitan Andreevo Border Checkpoint at the Bulgarian external border with Turkey, less than a year after it was first proposed by the European Commission. Building on the foundations of Frontex, the European Border a
Tokyo Gas of Japan could swap its United States LNG volumes with equivalent quantities of Asian sourced liquefied natural gas.
By Corina Pons and Brian Ellsworth CARACAS (Reuters) – Venezuelan state oil company PDVSA is seeking to issue up to $4.7 billion (3.7 billion pounds) in debt securities to settle unpaid bills to contractors, according to a document seen by Reuters, as the cash-strapped firm scrambles to cope with lo
Brazil’s state-owned oil giant Petrobras is negotiating with Karoon Gas Australia the sale of its participation in the Baúna and Tartaruga Verde fields, located in Santos and Campos basins, respectively. Petrobras said on Thursday that the potential transaction considers the sale of 100% of the stak
Atlantic Offshore has, together with Statoil, decided to convert Ocean Response to act as full oil recovery and oil spill vessel within the NOFO 2009 regulations. Atlantic said on Thursday said that the vessel will then have more flexibility to serve as an emergency and response vessel. The modifica
