India’s oil and gas minister Dhamendra Pradhan is in London, hoping to find interested oil firms to invest in the country’s oil and gas sector through participation in the recently announced Discovered Small Fields Bidding Round – 2016. Speaking at the road-show in London on Monday, he said that the
Several pro-offshore drilling groups in Alaska have launched an advertising campaign calling for the Obama administration to keep “intact the Arctic leasing areas currently contained in the Interior Department’s draft proposed plan”. The group, called the Arctic Coalition, is made up of a group of 2
Oil fell for a second trading day in a row on Monday, after speculators cut their bullish bets by the most in three months last week and U.S. crude drillers added more rigs for a tenth week running.
Vattenfall has won the Danish nearshore wind tender after submitting the final bid for Vesterhav Syd and Vesterhav Nord sites on 1 September and offering the lowest bid of DKK 0,475/kWh. There were five possible locations within the tender and Vattenfall bid for two sites on the west coast of Jutlan
Japan’s utility Tokyo Gas received its first shipment of liquefied natural gas produced by the Chevron-operated $54 billion Gorgon LNG project in Western Australia. LNG tanker Energy Confidence carrying about 70,000 tonnes of LNG docked on Saturday at the Tokyo Gas Ohgishima LNG terminal in Yokohama
The US Departments of Energy and Interior (DOE and DOI) have published the National Offshore Wind Strategy: Facilitating the Development of the Offshore Wind Industry in the United States, which could help enable 86GW of offshore wind in the country by 2050. The strategy details the current state of
Atlantis is hosting an event today to officially unveil the MeyGen project, the world’s largest free stream tidal power project, at the Nigg Energy Park in Scotland. The event is expected to be attended by Nicola Sturgeon, First Minister of Scotland, who will officially unveil the MeyGen Project. Th
The average retail electricity price in Japan rose for four consecutive fiscal years (2011–14), despite a decline in the price of imported coal and liquefied natural gas.
Oil and gas company Oil Search has entered into agreements with Gini Energy Limited, owned by CNOOC Limited, to acquire a 40% interest in each of PPL 374 and PPL 375 blocks located offshore Papua New Guinea. The company will team up with ExxonMobil which also bought a stake. These licences are locat
Global container terminal operators have taken their foot off the pedal when it comes to greenfield projects, carriers especially so, and are instead looking for growth, risk mitigation and opportunities through M&A activity, according to shipping consultancy Drewry. The change of gear and strategie
SCF Group, one of the world’s leading shipping companies, said that it has completed a series of financing transactions in the total amount of US$1.26 billion.
Technology, engineering and project management company Neste Jacobs said it has completed the engineering, procurement and construction management (EPCM) project for Skangas’ Pori LNG import terminal.
Parker Bestobell, part of Parker Hannifin said it has secured full type approval from the Korean Register of Shipping (KR) for its range of cryogenic globe and check valves for use on ships.
A country that is landlocked can be a market for maritime companies. Take Paraguay. It has no seaport, but 70 percent of its exports are transported by vessels. Its barge fleet is the third largest in the world, right after the United States and China. This is impressive, more so if you compare the
