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News

Report: Jera targets Petronas’ LNG assets acquisition
News

Report: Jera targets Petronas’ LNG assets acquisition

Jera, the LNG unit formed by Tokyo Electric Power and Chubu Electric of Japan is reportedly in talks with Malaysian energy giant Petronas to acquire certain assets in Sarawak.

about 10 years ago
CWind to Showcase Its New 25m CTV in Southampton
News

CWind to Showcase Its New 25m CTV in Southampton

CWind will be exhibiting the third of its aluminium catamarans, the Typhoon TOW, at Seawork this month, together with Aluminium Marine Consultants (AMC), the vessel’s manufacturer. The Typhoon TOW has started its contract off the coast of Kent since joining the fleet in mid-May. This is the third al

about 10 years ago
Shipping in Panama Canal Unaffected by Lock Wall Collapse, Repairs Underway
News

Shipping in Panama Canal Unaffected by Lock Wall Collapse, Repairs Underway

Shipping traffic at the Panama Canal has not been affected by the collapse of a section of South East wall of the Miraflores locks over the weekend, the Panama Canal Authority (ACP) said, adding that transit and lock operations are being normally carried out. The affected wall is not part of the mai

about 10 years ago
Scotland to press U.S. to invest in North Sea oil & gas
News

Scotland to press U.S. to invest in North Sea oil & gas

The Secretary of State for Scotland, David Mundell, will on Wednesday travel to Texas to build links with the U.S oil industry to help support the UK’s oil and gas sector. According to a statement by the UK government, Mundell will meet key industry figures in Houston and Dallas. The centers of the

about 10 years ago
Jonathan Cook named new Flex LNG head
News

Jonathan Cook named new Flex LNG head

Flex LNG, the company controlled by billionaire John Fredriksen, has appointed Jonathan Cook as chief executive officer.

about 10 years ago
Norway nods to Statoil for Edvard Grieg exit
News

Norway nods to Statoil for Edvard Grieg exit

The Norwegian Ministry of Petroleum and Energy has given its approval to the Swedish independent oil company Lundin Petroleum and Norwegian oil giant Statoil for the Edvard Grieg field transaction. Earlier this year, Statoil and Lundin entered into an agreement whereby Statoil would divest its entir

about 10 years ago
Bechtel names new CEO, makes further management changes
News

Bechtel names new CEO, makes further management changes

LNG engineer Bechtel on Tuesday said Brendan Bechtel has been named the company’s Chief Executive Officer, effective September 1, 2016.

about 10 years ago
Lithuania eyeing investment in Iranian LNG projects
News

Lithuania eyeing investment in Iranian LNG projects

Lithuania has shown interest in taking part in Iranian LNG projects, according to Amir Hossein Zamaninia, deputy petroleum minister in international affairs and trading.

about 10 years ago
Golar LNG Partners posts lower net income in Q1
News

Golar LNG Partners posts lower net income in Q1

Golar LNG Partners, the owner and operator of FSRUs and LNG carriers posted a lower net income in the first quarter of this year. The Partnership formed in 2007 as a wholly owned subsidiary of Golar LNG reported net income of $16.8 million and operating income of $56.1 million for the first quarter,

about 10 years ago
In rare compromise, Nigerian emerges as frontrunner for OPEC boss
News

In rare compromise, Nigerian emerges as frontrunner for OPEC boss

VIENNA (Reuters) – A Nigerian oil technocrat has emerged as frontrunner to take the top job at OPEC, with members seeing Mohammed Barkindo as what would be a rare compromise candidate to lead the group amid rising tensions between Saudi Arabia and Iran. Barkindo has been a key face of the Nigerian o

about 10 years ago
EWC secures financing for Pagbilao LNG hub
News

EWC secures financing for Pagbilao LNG hub

Energy World Corp, the company developing LNG projects in the Philippines and Indonesia on Tuesday informed it has executed financing for its LNG hub terminal in Pagbilao for the amount of approximately US$32 million.

about 10 years ago
New Saudi energy minister shows he takes OPEC seriously
News

New Saudi energy minister shows he takes OPEC seriously

By Alex Lawler, Rania El Gamal and Reem Shamseddine VIENNA (Reuters) – For OPEC watchers, every little detail matters. When the oil producer group holds its half-yearly meetings, what time the ministers arrive in Vienna, how they speak and which hotel they stay in – anything will be analysed in an a

about 10 years ago
CGG Acquires Data for New Gabonese Licence Round
News

CGG Acquires Data for New Gabonese Licence Round

Following Gabonese 11th deepwater licensing round, CGG has worked with the Direction Generale des Hydrocarbures of Gabon (DGH) to acquire and process over 25,000 km2 of new 3D BroadSeis multi-client seismic data over blocks in the South Basin. The company informed that the fast-track pre-stack time-

about 10 years ago
CGG’s Gabonese seismic data ‘way beyond expectations’
News

CGG’s Gabonese seismic data ‘way beyond expectations’

French oilfield services provider CGG, responsible for a seismic survey supporting the Gabonese 11th deepwater licensing round, said its preliminary seismic data has received praise from potential clients. CGG has worked with the Direction Generale des Hydrocarbures of Gabon (DGH) to acquire and pro

about 10 years ago
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