The Long Island Power Authority (LIPA) has postponed the meeting on Deepwater Wind’s 90MW Deepwater ONE – South Fork project, after receiving a request by its partner agency NYSERDA (New York State Energy and Research Development Authority) to do so. At the meeting, which was scheduled for 20 July,
Oil Search has pulled out of bidding for Papua New Guinea-focused explorer InterOil, allowing U.S.-based energy giant ExxonMobil to proceed without a battle. ExxonMobil earlier this week made a $2.2 billion offer, challenging an earlier bid from Oil Search, which was backed by the French energy gian
Norwegian marine seismic acquisition specialist Petroleum Geo-Services (PGS) has seen a 28 pct decrease in revenues during the second quarter of 2016 compared to the prior-year quarter, mainly impacted by reduction in MultiClient pre-funding revenues. In 2Q 2016, PGS’ revenues decreased by $72.8 mil
Fraunhofer Institute for Wind Energy and Energy System Technology IWES Northwest has applied its multi-channel seismic system for surveys that allowed the construction of the Arkona offshore wind project to be on time despite changes to the wind farm design. The modified project plan incorporated 60
FMC Technologies, a U.S. based provider of subsea oil & gas production systems, reported a net income of $2.1 million for the second quarter of 2016. This is a drop when compared to the second quarter of 2015, when the company reported a net income of $108 million. FMC Technologies’ revenue for the
Estonian state-owned Port of Tallinn and Swedbank have inked an agreement for issuing bonds worth EUR 80 million (USD 88.1 million) which will be used for partial financing of the port’s ferry project. The port did not specify the exact purpose of the loan, but the local media report that the money
The European Community Shipowners’ Association (ECSA) has ignored shortcomings of the beaching method at the Alang shipbreaking yards in India, the NGO Shipbreaking Platform said with reference to ECSA’s report on its visit to the yards last April. According to this coalition, the beaching method is
Australia’s largest LNG operator Woodside said its second-quarter sales revenue dropped 8.1 percent to US$825 million due to lower oil and gas prices. On the other hand, Woodside’s production increased 10.4 percent to 22.2 MMboe, as compared to the same period a year before. Production volumes were
European naval forces involved in EUNAVFOR MED operation Sophia have rescued 20,000 people in the Mediterranean since the start of the operation in June 2015. Among 20,000 saved lives at sea, there were 1,040 children and 19 babies. 719 migrants were saved yesterday in a joint effort of EUNAVOR MED
Cochin Shipyard on Wednesday received approval from the Cabinet Committee on Economic Affairs to build a new dry dock at the shipyard to enable construction and repair of larger vessels such as LNG carriers.
Liquefied Natural Gas Limited on Thursday said it is reducing headcount by 13 employees, including one consultant, based in Australia, Indonesia and the U.S.
U.S.-based oil and gas giant Chevron said it has signed a deal to supply liquefied natural gas to JOVO, a privately-owned Chinese energy company. Chevron’s wholly-owned subsidiary, Chevron U.S.A. Inc., has signed a key terms agreement with Singapore Carbon Hydrogen Energy Pte. Ltd., a unit of JOVO,
Natural gas liquefaction and export facility at Pampa Melchorita, Peru, recently dispatched another cargo to Mexico.
E.ON and Statoil gave the green light to the construction of the 385 MW Arkona Becken Südost wind farm, 35 km northeast of the island of Rügen. The use of seismic surface surveys made it possible to stick to schedule on the EUR 1.2 billion project despite changes to the wind farm design – 60 turbine
