PACC Offshore Services Holdings (POSH) has been awarded a contract to provide accommodation vessel to support Shell’s Prelude floating LNG facility.
Two new Traffic Separation Schemes (TSS) will come into effect off the south-west coast of Western Australia on 1 December 2016. The two schemes, off Cape Leeuwin and Chatham Island, are to be introduced with the aim to increase navigational safety by reducing the number of head-on situations and im
Malaysian LNG shipper MISC, a unit of energy giant Petronas, said it has delivered 372 cargoes of the chilled fuel last year in a weak shipping market with low spot freight rates and an oversupply of LNG vessels. In 2015, MISC shipped 20.74 million tonnes of LNG for its customers, carving 8.3% of th
In light of the latest kidnapping of seven crewmembers in the southern Philippines, Indonesia said that the stoppage of coal shipments to the Philippines will remain in place until the country can guarantee for security, Reuters reported. The kidnapping of the seafarers from an Indonesian tugboat, w
NextDecade units, Rio Grande LNG and Rio Bravo Pipeline filed a letter with FERC responding to motions to intervene, protests and the comments on the application to build the liquefied natural gas export terminal at the Port of Brownsville, near Brownsville, Texas.
Belgium’s Antwerp Port Authority has appointed new Chief Executive Officer, Jacques Vandermeiren (52), who will succeed Eddy Bruyninckx who is retiring after holding this position for 25 years. The changes are effective January 1, 2017. Until January 2015, Vandermeiren was CEO of Elia, a company ope
DONG Energy will build the German offshore wind farm Borkum Riffgrund 2, the company informed today. Borkum Riffgrund 2 will have a total export capacity of 450MW, and will feature the largest wind turbines in German waters: 56 units of MHI Vestas’ 8MW wind turbines with rotor spans of 164 meters. T
The world’s largest LNG company, Shell said Friday it will work with the UK government and European institutions on any implications for its business from Britain’s decision to leave the European Union (EU). Britain is expected to submit an application to leave the EU following Thursday’s referendum
Following the EU Referendum outcome on Friday, Oil & Gas UK, a representative organization for the UK offshore oil and gas industry, has urged the UK Government to outline the process which will follow the exit vote to minimize any potential period of uncertainty. To remind, oil prices slumped by mo
Following the outcome of Thursday’s referendum on Britain’s membership of the European Union, Offshore Energy Today has reached out to European oil companies seeking their comments on the exit vote. According to Reuters, world financial markets plunged as complete results showed a near 52-48 percent
Slowing growth in the size of the shipping fleet is to reduce te shortage of officers from 20,900 at the end of 2015 to 7,700 by the end of 2020, according to the Manning report published by shipping consultancy Drewry. The global fleet – encompassing all sectors except the non-cargo carrying ship t
Taiwan’s Industrial Technology Research Institute (ITRI), RES Offshore and Lloyd’s Register have signed a Memorandum of Understanding (MOU) on offshore wind collaboration. The MOU was signed during the 11th Taiwan-UK Renewable Energy Conference held from 30 May to 1 June in Taiwan, where 14 UK compa
Natural gas spot prices at the Henry Hub in the United States are continuing to increase, the Energy Information Administration said in its weekly report. The prices have risen from $1.79 per million British thermal unit (MMBtu) on May 27, 2016, to $2.78/MMBtu as of June 22, the EIA said. Concurrent
Gazprom of Russia is predicting a significant increase in profit for 2015, despite pressure low oil prices had on the financial results.
