Kosmos Energy said on Wednesday it plans to develop a “world-class” LNG project after it struck another gas find offshore Mauritania and Senegal. According to Kosmos, the Ahmeyim-2 appraisal well offshore Mauritania encountered “78 meters of net gas pay in two excellent quality reservoirs“. With the
The Obama administration’s decision to keep the U.S. Atlantic coast off limits for offshore exploration has received mixed response, welcomed by the environmentalists, criticized by the oil and gas industry advocates. The seismic contractors are expectedly among the critics. Following the Department
The maritime and offshore industry should look to investing in innovations and finding ways to optimize efficiencies, in order to be well placed to do well when the markets turn and the global economy picks up again, Mike Meade, CEO of M3 Marine, said on the occasion of the opening of Asia Pacific M
In today’s infographic we bring you a list of the top five shipyards ranked by the market value of the newbuilding contracts currently on order. The infographic, released by the valuation provider VesselsValue, shows that South Korean shipbuilder Hyundai Heavy Industries (HHI) is ranked first with o
China’s COSCO Nantong shipyard has secured an order to build a self-elevating workover rig. The company said the order came from an Asian ship owner, without disclosing the identity of the client. According to Cosco, the rig is expected to be delivered in the third quarter of 2017, with financial de
British Columbia’s finance minister Michael de Jong set off on a business trip to India and Malaysia in a push to advance economic relations.
GulfMark Offshore, a provider of offshore support vessels, on Tuesday announced that a settlement has been reached in the dispute resolution proceedings with a U.S. shipyard over two delayed platform supply vessels. Back in 2012, GulfMark ordered two new 300-Class Green DP2 PSVs from BAE Systems shi
Indonesia’s Pertamina is offering three to four uncommitted LNG cargoes from its Bontang facility, according to Sampe L. Purba SKKMigas vice president of gas commercialisation.
Trinidad and Tobago’s LNG production company Atlantic LNG said it has recently opened a new control room at its 14.8 mtpa Point Fortin liquefaction and export facility. The control room is the “heart of Atlantic’s operations”, where its four LNG processing trains are monitored and controlled remotel
The U.S. Department of Interior has backed away from the proposed sale of offshore exploration acreage on the Mid and South Atlantic area as part of the 2017-2022 lease sale, citing local opposition and conflicts with competing commercial and military ocean uses. According to the statement by the DO
Japan’s Osaka Gas said on Wednesday, its sales volumes for the month of February totaled 812 million cubic meters, 0.5 percent down from the same month in 2015.
Höegh LNG on Wednesday said that Leif Höegh & Co., a primary in the company, purchased 67,060 common company shares on March 15, 2016, at a price of NOK 91.50 (approximately US$10.7) per share.
Sterling Energy, an oil and gas company with interests in Africa, has announced that its subsidiary Sterling Energy Mauritania has completed its withdrawal from Block C-3, offshore Mauritania. Sterling announced in January 2016 the company would relinquish its stake in the Block C-3 after seismic da
AXYS Technologies’ three TRIAXYS Wave & Current Buoys were selected by Partrac as part of their recent metocean support services contract for the Rampion Offshore Wind farm. Partrac has been contracted to manage the supply, deployment, maintenance and delivery of metocean monitoring buoys throughout
