DONG Energy has started the regular publication of data regarding the capacity, use and availability of its wind park Gode Wind I on the EEX Transparency Platform. The market participants now have the access to data regarding the installed capacity, the planned and actual production, as well as the
An oil slick from a bulk carrier was detected during a surveillance flight in the French exclusive economic zone, some 185 nautical miles from Penmarch, the French maritime authorities said. The 23-meter long and 50-meters wide oil slick traced back to Liberia-flagged bulker Thisseas, owned by Laska
Amec Foster Wheeler has secured a one-year £125 million ($176.6M) Engineering, Procurement and Construction (EPC) contract by BP to build a new refrigeration plant that will maintain efficient operations across the North Sea’s Forties Pipeline System. The contract is for BP’s Refrigerated Liquid Pet
Moody’s credit rating agency has downgraded Japanese oil and gas exploration and production companies Inpex and Japex, citing continuing low oil prices and the effect they may have on the firms’ profitability. Moody’s is not optimistic about the future either, saying that the rating outlook for the
DNV GL has appointed Ditlev Engel as the new CEO of its Energy business area, effective as of 4 April, when Engel will succeed acting CEO Elisabeth Harstad and report to the Group President & CEO Remi Eriksen. The company’s Energy business unit provides testing, certification and technical advisory
Aubrey McClendon, a brash risk-taker who led Chesapeake Energy Corp to become one of the world’s biggest natural gas producers, died in a single-car crash on Wednesday, a day after being charged with breaking federal antitrust laws, police said. He was 56.
The 1994-built bulk carrier Magic Orient has been arrested in Singapore, most likely due to unresolved payments, according to Supreme Court of Singapore’s records. Owned by South Korean company Boyang Shipping, the Korea-flagged vessel was detained in the evening hours of February 29, following inst
The Croatian Government is looking into a floating LNG terminal as the country wants to speed up its efforts on construction of an LNG terminal in the Northern Adriatic sea which has been long overdue. A floating LNG terminal would reduce the construction costs and take only two years to bring to fr
A groundbreaking ceremony held on Thursday in Damerjog, Djibouti marked the start of construction of a liquefied natural gas terminal, the Djibouti Ports & Free Zones Authority (DPFZA) said.
Offshore ship owner Tidewater is eligible to collect a portion of a cash claim it made against Venezuela for the expropriation of its oilfield services business in 2009. To remind the World Bank Tribunal in March 2015 ruled that Venezuela should pay $46.4 million plus interest to Tidewater regarding
French geophysical services company, CGG, has posted a net loss for the fourth quarter 2015 following non-recurring charges mainly related to redundancies, and asset impairments. The geophysical company narrowed its net loss during 4Q 2015 at $256 million, after non-recurring charges, compared to $6
South Korea has inked an agreement with Iran on cooperation in the maritime field and fisheries. Under the deal, the two countries have agreed to facilitate passage to each others’ ships through their respective territorial waters, Korea’s Ministry of Oceans and Fisheries said. According to IRNA, th
Credit rating agency Moody’s said Wednesday it has downgraded Inpex Corp’s credit rating. Moody’s downgraded Japan’s Inpex rating to A2 from A1, and said the outlook on the rating was negative. The downgrade principally reflects Moody’s expectation that the company’s profitability will “deteriorate
United States are keen on supporting the development of the Croatian LNG terminal U.S. energy envoy Amos Hochstein said on Wednesday.
