Port of Oakland has been approved an amount of USD 1.5 million to increase access hours for harbor truck drivers at the terminals from February 13, 2016, as the port aims to open its terminal gates at night and weekends. Added hours are central to plans for redistributing cargo when one of five Oakl
First steel for the Johan Sverdrup drilling platform was cut Monday, February 15 at Aibel’s yard in Haugesund, Norway. The platform is a part of the Statoil-operated giant Johan Sverdrup development project in the Norwegian section of the North Sea. “Aibel won the contract for the construction of
The coronial inquest into the controversial deaths aboard the Panama-flagged coal carrier Sage Sagittarius that occurred four years ago in Australian waters has been resumed today in Sydney. The New South Wales Coroner Court launched the investigation into two of three deaths from 2012 on board what
The UK Government must immediately consider options to reduce the headline rate of tax for the oil and gas industry as part of a package of measures to support the industry, the Deputy First Minister of Scotland, John Swinney, has proposed to the Chancellor of the Exchequer, George Osborne. In a let
DNV GL’s Materials Research Programme has published a new position paper that looks at the latest developments in materials and shows the need for establishing long term reliability of novel materials deployed in renewable energy systems. Attention has focused to a large extent on cost and efficienc
APM Terminals Mumbai became the first Indian container terminal to go paperless by providing shipping lines electronically with the required export form 13 for export containers entering the terminal by truck. APM Terminals Mumbai has also introduced an ‘Online Import Delivery Process’ to simplify a
Hague-based LNG giant Shell said Monday that the scheme with BG Group has become effective and the UK-based company is now owned by Shell. This follows the Court’s sanction of the scheme at a hearing held on February 11 and the delivery of the order to the registrar of companies on Monday, February
Hong Kong-based commodity trading house, Noble Group, has reportedly lost three of its LNG traders to the rival company Glencore of Switzerland.
Norwegian oil company Statoil has signed a farm-in agreement with the London-listed Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, strengthening its position in Uruguay. “With this transaction, we are increasing our exposure to the upside potential of
One crew member died while 26 more were evacuated after a 1983-built chemical tanker Nusantara Akbar started sinking in the Malacca Strait off Dumai, Indonesia, on Saturday night. The 107-meter-long vessel, which reportedly suffered a leak in its engine room, started taking on water and subsequently
Petroleum Geo-Services, a geophysical company that provides a range of seismic and reservoir services, has posted a loss for the 4Q 2015 and a 47% drop in revenues when compared to the corresponding period of 2014. In the company’s 4Q 2015 report on Monday, PGS posted a net loss of $334.6 million fo
South Korea’s Kogas, the world’s largest corporate buyer of LNG, said its sales volume totaled 4.17 million mt in January, a rise of 3.4 percent as compared to the same month last year. Sales into the power sector were at 1.52 million mt, a drop of 2.7 percent, while the company’s city gas sales ros
Mega-containership APL Vanda ran aground at Bramble Bank, in Southampton Water, the UK, following a loss of power on Saturday evening, February 13th. The UK Maritime and Coastguard agency said that the ship’s captain executed a controlled grounding after the power outage. Port of Southampton Vessel
Freeport LNG on Friday named Bryan Frey as its vice president and global head of LNG marketing effective Monday, February 15, 2016.
