Austria’s Voestalpine has said it has secured a major contract supporting the construction of the the Gazprom-run Nord Stream 2 pipeline project between Europe and Russia. The Austrian company supplied 170,000 tonnes linepipe plates for the first part of the offshore gas pipeline in the Baltic Sea b
Australian LNG player Woodside said its first-quarter sales revenue dropped 30 percent to US$982 million due to plummeting oil and gas prices. However, Woodside’s production volumes rose 8.7 percent in the first quarter as compared to the same period last year. This was predominantly due to higher p
Norwegian oilfield services company Aker Solutions will reduce its workforce in the UK by 280 due to market slowdown. Aker Solutions on Monday began a consultation with employee representatives on reducing its UK subsea workforce capacity because of a continued market slowdown. In an e-mail to Offsh
Qatargas said on Tuesday it has completed works on a wastewater treatment plant for one of its LNG facilities using membrane bio-reactor technology.
Sembmarine SLP, which has designed and built the offshore substation for the Dudgeon Offshore Wind Farm is preparing for the sail away of its jacket to the project construction site. The 1,500-tonne jacket will be loaded onto a barge in Lowestoft tomorrow (20 April), and ready to be towed 100km up t
Construction of a liquefied natural gas terminal in Cyprus depends on several factors, the country’s president Nicos Anastasiades said at a press conference on Monday.
Norwegian oilfield services company Aker Solutions is on Tuesday formally opening its new subsea plant in Curitiba, Brazil. According to the company’s press release on Tuesday, the facility will employ about 850 people and is dedicated to machining, welding, surface treatment, assembly and testing o
Qatar’s Nakilat, the world’s largest LNG shipper, said its net profit rose by 7.9% percent in the first quarter as compared to the same period last year. Nakilat posted a net profit of 240 million riyals (US$66m) for the first quarter, compared to 222 million riyals in 2015. The increase in the comp
Singapore owners control nearly 2,000 deep-sea going vessels with a total value of USD 35.4 billion, what makes Singapore a leading nation when it comes to vessel ownership in USD terms per capita, according to valuation provider VesselsValue. The total value of USD 35.4 bn is equal to USD 8,000 inv
Cyprus’ decision on building an onshore LNG plant to develop its offshore gas resources will depend on future gas discoveries. This was stated on Monday by the country’s president Nikos Anastasiades during his press conference on the three years of his presidency. He said that the results of the ong
Sinopec’s Beihai LNG import terminal in China’s Guangxi region has officially started commercial operations, the state energy giant said on Tuesday. The 3 mtpa facility received its first commercial cargo from the ConocoPhillips-operated Australia Pacific LNG project in Australia. The cargo was deli
The Oil and Gas Authority (OGA) has issued an invitation to tender (ITT) for the 2016-2017 UK Government funded seismic acquisition and processing. According to OGA, the recipients of the contract will be required to survey areas over South West Britain including the Celtic Sea, Western English Chan
One crew member was killed and five personnel sustained injuries when an explosion occurred aboard their tanker vessel Heung-A Pioneer off the coast of Tanjung Dawai, Malaysia around 10 pm local time on April 18, according to local media. The explosion was preceded by a fire, which broke out in the
Japan’s largest utility, Tokyo Electric Power (Tepco) revealed its LNG imports in March stood at 2.2 million mt, down 3.8 percent on the 2.28 million mt in the same month the previous year. Tepco’s consumption of liquefied natural gas reached 1.81 million mt in March, a drop of 7.3 percent as compar
