Eastern Mediterranean port officials met in Brussels on Wednesday, marking the end of the Poseidon Med LNG-bunkering and the beginning of the Poseidon Med II project.
Xcite Energy Resources, a heavy oil appraisal and development company, has extended the P.1078 licence containing the Bentley field, in the UK North Sea. The licence was extended until June 30, 2017, following discussions with the UK’s Oil & Gas Authority (OGA), and the Secretary of State for the De
Alaska’s governor Bill Walker informed on Wednesday that the Alaska LNG partners, ExxonMobil, BP and ConocoPhillips are exploring options to develop the project despite current market conditions.
Japan’s imports of liquefied natural gas reached 7.24 million mt in January, a drop of 14.1 percent as compared to the same month a year before. The world’s largest buyer of chilled gas paid 349,845 million yen (US$3.7 billion) for imports in January, down 55.4 percent as compared to 2015, prelimina
Tullow Oil, an independent oil exploration and production company, has identified a potential issue on the FPSO operating on the Jubilee field, offshore Ghana. Tullow Oil has informed the Government of Ghana and its partners of a change to operating procedures at the Jubilee field FPSO. Namely, foll
Australian LNG operator Woodside said Thursday it has entered into an agreement with UK-based Impact Oil & Gas to buy exploration acreage offshore Senegal and Guinea-Bissau. Under the deal, Woodside will acquire a 65% participating interest in a production sharing contract (PSC) and associated joint
Most companies are currently focused on surviving at US$30/bbl by cutting costs and activity, but the industry also needs to start adapting for the longer term, according to a report by Wood Mackenzie.
Hamburg-based Becker Marine Systems recently revealed it has received financial backing from the German Federal Ministry of Transport and Digital Infrastructure for its LNG power supply solution.
Seajacks has confirmed that Seajacks Scylla’s voyage recommenced. The vessel is scheduled to arrive in Great Yarmouth Port in time for her naming ceremony on Thursday, 3 March. In early December, Seajacks Scylla started her journey from a Samsung Heavy Industries yard in South Korea to the Port of R
The Baltic Sea holds an offshore wind potential of 40GW, according to a report by Baltic Sea Region Energy Co-operation (BASREC) from 2012. However, some of the countries whose coasts are splashed by the Baltic Sea are still struggling with regulatory framework when it comes to offshore wind develop
On 16 February, the first of the 150 wind turbines was erected at the Gemini offshore wind farm. The installation vessel Aeolus is packed with five more wind turbines, which are scheduled to go up this week. The Pacific Osprey will also arrive later this week with further 8 turbines. Gemini is expec
On 16 February, the first of the 150 wind turbines was erected at the Gemini offshore wind farm. The installation vessel Aeolus is packed with five more wind turbines, which are scheduled to go up this week. The Pacific Osprey will also arrive later this week with further 8 turbines. Gemini is expec
2015 was a busy year for container traffic on the US East Coast with the arrival of 7.9 million TEU of loaded containers, a 12.6% increase when compared to 7 million in 2014, BIMCO’s data shows. While the US East Coast ports experienced a surge in incoming traffic, labour issues and port congestion
The former captain of the ill-fated El Faro cargo ship that sank in October 2015 due to the Hurricane Joaquin, Michael Davidson, asked TOTE for a permission to change the ship’s course during the voyage, a coast guard probe heard on Tuesday. Namely, the U.S. Coast Guard has launched a ten-day public
