Shell-led LNG Canada said it began preparation work at the project’s site in Kitimat last week. On December 2, LNG Canada marked the beginning of “specific site preparation activities that will take place in advance of a final investment decision“, the company said in a statement. This work will put
Paragon Offshore, a driller operating a fleet of jack-up rigs, has received a letter from The New York Stock Exchange (the “NYSE”) notifying Paragon that it had fallen below the NYSE’s continued listing standard. The letter is related to a standard that requires listed companies to have a minimum av
International renewable energy organisations have come together at COP21 in Paris to demonstrate that reliable 100% renewable energy is not only possible, but that systems already exist today with significant potential for expansion. The side event, organised by the REN Alliance – a partnership of o
Japan’s price of spot liquefied natural gas contracted in November averaged $7.4 per mmBtu on DES basis, down 2.6 percent from $7.6 per mmBtu in October. According to the monthly spot LNG data by Japan’s Ministry of Economy, Trade and Industry (METI), the average price of spot-LNG imported into Japa
MEO Australia Limited, an independent oil and gas company, has been given an approval to change its work program and defer an exploration well for the Beehive prospect, offshore Australia. According to this new plan, MEO will drill the exploration well on the Beehive in 2017 although it was previous
DNV GL has published the first industry standard providing guidance on offshore personnel transfer by gangway. DNVGL-ST-0358 will contribute in documenting and securing safe operational performance of offshore gangway solutions and contribute to predictability and transparency within the industry, D
BP of UK said it has raised its stake in the West Nile Delta (WND) gas development in Egypt to 82.75%, after completing a deal with Hamburg-based DEA. The oil and gas giant bought 22.75 per cent in the North Alexandria Concession and 2.75 per cent in the West Mediterranean Deep Water Concession from
Deepwater Wind, the developer of the first US offshore wind farm is proposing a new offshore wind project with two new battery energy storage systems for Long Island’s South Fork. Deepwater ONE – South Fork project includes a 90MW offshore wind farm comprising 15 turbines, and represents the first p
New Zealand’s Genesis Energy has upgraded its developed reserves in the Kupe gas and oil field, situated off the south Taranaki coast, New Zealand. Genesis Energy has reviewed data provided by Origin Energy, the field operator, and as a result, it has determined that the Proved plus Probable develop
With all five steel jacket foundations fully installed at the Block Island Wind Farm (BIWF) site, Deepwater Wind officially completed the first offshore construction season for America’s first offshore wind farm. The last deck platform was placed on top of a foundation on 21 November and all of the
Spain’s Repsol is reportedly planning to sell its stake in BP-operated Tangguh LNG project in Indonesia. Repsol, which owns a 3.06 percent stake in the LNG project through Talisman Energy, may fetch as much as $300 million from the sale, according to a report by Bloomberg. The Spanish company has hi
Huisman recently delivered the cranes for the Seajacks Scylla, the new build wind turbine installation vessel for Seajacks UK Ltd. This jack up vessel is currently nearing completion at the yard of Samsung Heavy Industries in South Korea. The Seajacks Scylla, based on the Gusto MSC NG14000X design,
Billionaire investor and a major Cheniere Energy shareholder, Carl Icahn, has raised its stake in the Houston-based LNG player to 13.83 percent. A filing with the Securities and Exchange Commission (SEC) from Monday reveals that Icahn bought 2,781,694 shares of Cheniere’s stock at an average price o
Air Flow North America has won an approval from the Department of Energy to export 22,000 gallons of LNG per day to nations which do not have a Free Trade Agreement (FTA) with the U.S. According to Air Flow, this volume is equivalent to approximately 0.67 billion cubic feet per year (Bcf/yr) of natu
