The Inpex-operated Ichthys LNG project in Australia said it has completed the reinforced concrete roofs for both of its onshore LNG storage tanks located at Bladin Point in Darwin. The final concrete pour for the roof of the second liquefied natural gas tank was completed on February 10. The cryogen
The US National Transportation Safety Board said on Thursday that it would launch a second expedition to search for the voyage data recorder (VDR) of the ill-fated cargo ship El Faro, which sank in the Atlantic during a hurricane on October 1, 2015. The mission for locating the VDR is expected to be
LNG use by Japan’s ten independent regional electric power companies dropped 4 percent in January when compared to the same month in 2015. The power companies consumed 4.99 million mt of liquefied natural gas in December, preliminary data from the Federation of Electric Power Companies of Japan (FEP
Following a successful inspection of Sea Worker on February 10, a team of divers from Smit Salvage yesterday started to mount the equipment to remove the diesel oil from the offshore installation vessel that ran aground and capsized off Denmark, according to A2SEA. The removal of the oil from Sea Wo
Aker Solutions, a Norway-based oilfield services provider, has reported a net loss for the fourth quarter of 2015, and it has decided not to pay dividend for 2015. The loss was NOK 250 million, compared to a net profit of NOK 359 million a year ago. Converted to US dollars 4Q net loss was $29 [&hell
Californian port of Los Angeles has seen its busiest January in its 109-year history as the port handled 704,398 TEUs, an increase of 33 percent compared to January 2015. “Record January volumes is a very encouraging way to start 2016, particularly after the slow start that West Coast ports experien
Eolien Maritime France, a subsidiary of EDF EN France and DONG Energy, is looking for Marine Warranty Surveyor service providers for three French offshore wind farms. The three wind farms are planned to be installed off Fécamp, Courseulles-sur-mer and Saint-Nazaire. Marine Warranty Surveyor services
Australian LNG operator Woodside said Friday it has made a second natural gas discovery offshore Myanmar. According to a statement by Woodside, the Thalin-1A exploration well in Block AD-7 in the Rakhine Basin has intersected a gross gas column of approximately 64m. Approximately 62m of net gas pay
Australian energy company Woodside has struck more gas offshore Myanmar. The company on Thursday said that the Thalin-1A exploration well in Block AD-7 in the Rakhine Basin intersected a gross gas column of approximately 64m. Approximately 62m of net gas pay is interpreted within the primary target
Spectrum, a seismic services market player, has reported a loss of $5.5 million in the fourth quarter of 2015, versus a profit of $12 million in the same period in 2014. The seismic company’s revenues for the fourth quarter 2015 were $42 million, a drop when compared to $48 million profit in the cor
Aker Solutions, a Norwegian oil services company, will be reducing the salaries for its senior management and other staff in the Norwegian maintenance, modifications and operations (MMO) business. The company called these measure “tough but necessary” in order to raise competitiveness and win more w
By Bate Felix and Karolin Schaps PARIS/LONDON (Reuters) – Record upstream production and high refining margins in Europe helped Total report better-than-expected fourth-quarter net profit but the company said it planned to cut costs and reduce spending further due to prolonged low oil prices. Total,
Spanish oil major Repsol has reportedly asked for a permission from the authorities to plug eight wells and shut down the Varg field, located in the Norwegian sector of the North Sea. Repsol is the operator of the field with 65% interest and the partners are Petoro with 30%, and Det norske oljeselsk
Hague-based LNG giant Shell said Thursday it has cancelled a US$14.4 billion bridge credit facility intended to fund its takeover of BG group. Shell entered in May 2015 into a £10,07 billion (US$ 14.4 billion) bridge credit facility agreement with a group of banks in connection with its takeover off
