RenewableUK has welcomed the announcement that EDF Energy Renewables (EDF ER) is to start work on the Blyth offshore wind farm. The implementation of innovative new technology, such as 66 kilovolt cabling and concrete gravity base foundations for the first time in British waters, are significant ste
The National Transportation Safety Board (NTSB) is planning to launch a mission to recover the voyage data recorder (VDR) belonging to the ill-fated cargo ship El Faro in early July. “The trip to the accident site is expected to take three to four days, followed by five days on scene to recover the
Equatorial Guinea’s Ministry of Mines has launched the country’s latest oil and gas blocks licensing round, EG Ronda 2016, at the Africa Oil & Power conference in Cape Town, South Africa. According to the energy ministry, a total of 114 discoveries have been made in the country to date, with 48 resu
Shares in the LNG terminal developer, LNG Limited are continuing to rise hitting a five-month high on Tuesday. Shares in the Australian-listed company rose almost 50 percent since last Thursday to A$0.82. LNG Limited said in a statement to the Australian stock exchange on Monday that it “does not ha
Oil and gas industry pay talks in Norway continue this week. This week’s negotiations are being held on the oil service sector pay settlement, which covers some 6,000 employees at various companies in this sector. “The parties have submitted their demands today and, given the position facing the ind
Royal BAM Group has been awarded a contract for the Blyth Offshore Wind project by EDF Energy Renewables to design, fabricate and install five full-size gravity base foundations, first of their kind to be built in the world, according to the company. The foundation design will utilise ‘self-installi
Oil giant Shell on Monday updated „synergies target“ coming from the acquisition of the BG Group. Also, the company said its focus in the upcoming period would be on capital efficiency, and its production in deep water areas. At the capital markets day, Shell CEO Ben van Beurden said the mega-merger
EDF Energy Renewables will build a new offshore wind farm off the coast of Blyth in Northumberland. Onshore construction work has already begun and offshore work will start in 2017. The wind farm will comprise five turbines, totaling 41.5MW in capacity. The project has permission for a maximum total
Norwegian offshore shipping company Solstad Offshore has developed a financing plan to strengthen its balance sheet. The company on Tuesday said that the plan was developed together with the industrial investment company Aker and with indicative support from its lending banks and bondholders. Aker w
Houston-based LNG player, Cheniere Energy on Monday informed it has named the company’s new president and CEO Jack A. Fusco as a member of the board.
Hague-based LNG giant, Shell on Monday revealed an updated strategy as the company is battling with low oil and gas prices and following the takeover of BG Group. Shell announced an increase in expected BG deal-related synergies, from the $3.5 billion set out in the prospectus, to $4.5 billion on a
The United States Federal Energy Regulatory Commission on Monday issued a letter approving Driftwood LNG’s pre-filing review process for its liquefaction project in Calcasieu Parish, Louisiana, along the west side of the Calcasieu river.
Klaipedos Nafta, the operator of the first Lithuanian LNG terminal informed that sales revenues from the import facility reached €6 million during May 2016, 11.1 percent up on €5.4 million in the same month in 2015.
The 29 countries party to the Antarctic Treaty unanimously agreed at the 39th Antarctic Treaty Consultative Meeting (ATCM) on June 1 to a resolution to “retain and continue to implement” the ban on mining activities in the Antarctic, which is part of the Protocol on Environmental Protection to the A
