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News

Video: BP’s British Merchant LNG carrier transiting Panama Canal
News

Video: BP’s British Merchant LNG carrier transiting Panama Canal

BP’s British Merchant was the second liquefied natural gas carrier to through the newly expanded Panama Canal.

about 10 years ago
MeyGen project components readying for installation (photos)
News

MeyGen project components readying for installation (photos)

Another Andritz 1.5MW tidal turbine has left the factory, with foundation stabs and a massive cable management system currently being mobilised for the MeyGen project, according to Atlantis Resources’ social media pages.

about 10 years ago
Byron buys used offshore platform for Gulf of Mexico discovery
News

Byron buys used offshore platform for Gulf of Mexico discovery

Byron Energy, an oil company operating in the U.S. Gulf of Mexico has signed a deal to buy a production facility through which it will develop its gas discovery offshore Louisiana. According to Byron, the company will buy from Laredo Construction a used tripod jacket, decks, helideck, boat landing a

about 10 years ago
American LNG granted blanket LNG export permit
News

American LNG granted blanket LNG export permit

The United States Department of Energy issued an order granting American LNG Marketing blanket authorization to export LNG from its Hialeah facility in Medley, Florida.

about 10 years ago
Oil prices fall as Saudi Arabia dampens prospects of output freeze
News

Oil prices fall as Saudi Arabia dampens prospects of output freeze

Oil prices fell on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks next month, and as analysts pointed to an ongoing supply overhang that was weighing on markets.

about 10 years ago
Eni, PDVSA in talks over 2nd phase of giant gas field development
News

Eni, PDVSA in talks over 2nd phase of giant gas field development

Venezuela’s energy minister and president of oil company PDVSA Eulogio Del Pino met with Claudio Descalzi, CEO of Italian oil company Eni to agree on the necessary conditions to develop infrastructure to produce more gas and condensate from Cardon IV block at the Gulf of Venezuela. The Cardon IV blo

about 10 years ago
EIA: Henry Hub price rises
News

EIA: Henry Hub price rises

Natural gas spot prices in the United States rose at most locations in the week ending August 24, the Energy Information Administration said in its weekly report. The Henry Hub spot price rose 6¢ from $2.71/MMBtu last Wednesday to $2.77/MMBtu two days ago, the EIA said in its report issued on Thursd

about 10 years ago
Vaalco: Production resumes from Avouma well (Gabon)
News

Vaalco: Production resumes from Avouma well (Gabon)

Vaalco Energy, Inc. has informed that the secondary electric submersible pump (ESP) in the Avouma 2-H well on the Avouma Platform offshore Gabon in the Etame Marin Permit was recently started and the well is now producing at a stable rate. The company previously reported that the primary ESP failed

about 10 years ago
Europe to benefit from U.S. LNG exports, says API executive
News

Europe to benefit from U.S. LNG exports, says API executive

Europe’s attempts to diversify its sources of natural gas in order to ensure its energy security could be boosted by importing U.S. LNG, Marty Durbin, executive director for market development at American Petroleum Institute, said.

about 10 years ago
Sembcorp Marine completes LMG Marin acquisition
News

Sembcorp Marine completes LMG Marin acquisition

Sembcorp Marine on Friday said it’s unit Sembcorp Marine Integrated Yard (SMIY) completed the acquisition of 100 percent equity stake in LMG Marin of Norway.

about 10 years ago
Five items on why to attend OWC
News

Five items on why to attend OWC

The organization of the Offshore WIND Conference is in full swing! As part of Offshore Energy Exhibition & Conference the dedicated event for the offshore wind industry is a must attend for those wanting to know how the industry can reach its potential. 1. The program spans the full supply chain. Fr

about 10 years ago
Bosphorus Strait to Close during Bridge Opening
News

Bosphorus Strait to Close during Bridge Opening

Vessel traffic in the Bosphorus Strait is scheduled to close tomorrow due to the opening of the Yavuz Sultan Selim Bridge, initially named the Third Bosphorus Bridge, according to data provided by Wilhelmsen Ship Agency. The closure in the shipping lane, which connects the Mediterranean with the Bla

about 10 years ago
Sovcomflot’s profit drops in H1
News

Sovcomflot’s profit drops in H1

Russia’s largest shipping company Sovcomflot reported a net income of US$165.9 million for the first-half of 2016, a 23.3 percent drop compared to $216.3 million in the first six months of 2015.

about 10 years ago
Chevron: ITF’s tax evasion allegations incorrect
News

Chevron: ITF’s tax evasion allegations incorrect

U.S. oil giant Chevron has hit back at London-based International Transport Workers Federation (ITF) which accused Chevron of using secretive corporate structures and aggressive tax evasion schemes to reduce its tax in the UK. In a statement sent to Offshore Energy Today, Chevron said this: “Chevron

about 10 years ago
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