The average size of a methanol ship is expected to increase with the addition of new methanol production capacity by the US and Middle East over the next two years, UK shipping consultancy Drewry believes. “The average size of a methanol ship is expected to increase considering the long-haul distanc
The U.S. National Academies of Sciences, Engineering, and Medicine will hold the first meeting of the BOEM standing committee on environmental science and assessment for offshore energy and mineral resources on Tuesday, December 8, at the historic National Academies building. BOEM Director Abigail R
Australia’s Santos on Wednesday completed the second phase of its A$3.5 billion equity raising aiming to cut debt caused by low oil prices with the retail entitlement offer.
Alam Maritim Resources Berhad has received a letter of award from Malaysia’s national oil company Petronas for a pipeline extension project in Malaysia. Namely, Alam Maritim will provide engineering, procurement, construction, installation and commissioning (EPCIC) services for a 10 inch X 1km pipel
North Energy ASA, a Norway-based exploration and production company, will sell 10 percent interest in production licence PL 707 in the Barents Sea to Lime Petroleum. “This transaction forms part of North Energy’s current strategic process, where attention is concentrated on enhancing cost efficiency
The heavy fog which blocked all vessel traffic in the US Houston Ship Channel for four days, has cleared enough to allow the Houston Pilots to continue boarding all vessels. The channel continued its operations yesterday around 11 am local time with boarding of in-bound vessels only, according to Gu
Gulf Marine Services, a provider of liftboats supporting offshore energy industry, has secured a new $620 million debt facility. According to the UAE-based company, the syndicated loan facility combines Islamic and conventional financing and will replace the Group’s existing funding facilities with
Lithuania’s Litgas said it has agreed with Norway’s Statoil to postpone the delivery of one liquefied natural gas cargo until mid-December.
The international shipping industry is about to undergo additional CO2 reductions that will be achieved in the immediate future, International Chamber of Shipping (ICS) Secretary General, Peter Hinchliffe, highlighted during the United Nations Conference in Paris. “These dramatic further CO2 reducti
French oil major Total has hired a drillship for its offshore drilling campaign in Uruguay. The company, which hired the Maersk Venturer drillship from Danish driller Maersk Drilling, will start drilling in March 2016. According to Maersk Drilling, the value of the contract is $44 million, excluding
Wave energy technology company AW-Energy Oy and Mexican renewable energy developer ENAL have signed a memorandum of understanding to develop, design and deploy a 10MW wave farm off the Pacific coast of Mexico. This wave farm will at its inception represent the first wave farm in operation in the Ame
The United States Department of Energy granted Floridian Natural Gas Storage Company permission to export LNG from its proposed facility in Martin County, Florida.
Shell informed on Tuesday it has opened new LNG lanes at TravelCenters of America’s Santa Nella, California truck fueling station.
American Electric Technologies’ unit M&I Electric recently dispatched power delivery solutions for two liquefied natural gas projects in Texas.
