Egypt is targeting an increase in its natural gas production up to between 5.5 and 6 billion cubic feet per day by the end of 2019.
Total cargo throughput of the Port of Hamburg in the first quarter of 2016 was 2.5 percent lower at 34.8 million tons, driven primarily by lower container traffic with China, as explained by the Port of Hamburg Authority. At 2.2 million TEU, first-quarter container throughput remained slightly below
The owner of a cylindrical shaped floating platform design, Sevan Marine, is considering taking legal action against Teekay and its subsidiary Logitel Offshore. The board of Sevan Marine initiated in January 2016 a review of the circumstances surrounding and the legality of the Logitel Offshore agre
Both Suezmax and VLCC markets could be hit by downward pressure from sustained outages of Nigerian crude oil, resulting from attacks on oil infrastructure by rebel fighters in the Niger River Delta, according to energy and ship brokerage Poten & Partners. Africa’s largest oil producer has seen its c
BW Offshore, an operator of floating production storage and offloading (FPSO) vessels, sank to a loss during the first quarter of 2016 compared to a profit in a year-ago quarter. In its first quarter results report on Monday, BW Offshore posted a net loss of $2.9 million, compared to a profit of $5.
Japan’s imports of liquefied natural gas dropped 3.3 percent in April, preliminary data from Japan’s Ministry of Finance showed on Monday. The world’s largest buyer of the chilled fuel imported 6.38 million mt of LNG in April, as compared to 6.6 million mt in the same month a year ago. Japan paid ab
China’s Sinopec last week signed a cooperation agreement with the Chongqing Municipal Government for the exploration of shale gas and the development of natural gas infrastructure.
An oil industry trade organization, Industry Technology Facilitator (ITF), has welcomed Dassault Systèmes, a 3D design software and Product Lifecycle Management (PLM) solutions company, as a new member. According to ITF’s press release on Monday, Dassault Systèmes saw an opportunity to transfer solu
Souki-Houston venture files with FERC for Louisiana LNG export plant Driftwood LNG has last week filed a request with the U.S. FERC to initiate the pre-filing environmental review process for its proposed LNG export facility and associated pipeline. USA: Freeport LNG export project moving forward (G
Tidal Energy Today has compiled the top news from tidal and wave energy industry from May 16 – 22, 2016.
Read the most popular news of the week.
Hague-based LNG giant Shell confirmed it has started taking cargoes from Cheniere’s Sabine Pass LNG export terminal in Louisiana, the first of its kind to ship U.S. shale gas overseas. Shell has a 20-year offtake agreement with Cheniere for 3.5 mtpa of liquefied natural gas from Train 1 at Sabine Pa
Collective pay talks held over the past three days in Norway, between the oil companies and the land base workers serving the offshore sector have collapsed. The Norwegian Oil Industry Association, representing the employers, said that the talks on collective pay deals with the Norwegian Union of In
Argentinian state-owned Enarsa has booked nine liquefied natural gas cargoes for delivery between June and August through a tender.
