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MOAS Setting Up Rescue Mission in Aegean Sea
News

MOAS Setting Up Rescue Mission in Aegean Sea

Search and rescue charity Migrant Offshore Aid Station (MOAS) announced plans to launch a new rescue mission in the Aegean Sea where thousands of primarily Syrian refugees continue to cross every week from Turkey to Greece in unsafe vessels. MOAS said it would position the 51-meter Topaz Responder,

about 10 years ago
Tokyo Gas, Pertamina to set up LNG terminal in Indonesia
News

Tokyo Gas, Pertamina to set up LNG terminal in Indonesia

Japan’s Tokyo Gas and Pertamina of Indonesia reportedly intend to build an LNG receiving terminal in Bojonegara, West Java.

about 10 years ago
RWE-Led Consortium to Bid for Dutch Borssele OW Projects
News

RWE-Led Consortium to Bid for Dutch Borssele OW Projects

RWE Innogy, EDP Renewables and Macquarie Capital have formed a consortium to participate in the forthcoming Dutch offshore wind tender for Borssele I and II projects, each with a 350MW capacity. Macquarie Capital will also act as the consortium’s financial adviser. The tendering procedure for Borsse

about 10 years ago
RWE-Led Consortium to Bid for Dutch Borssele OW Projects
News

RWE-Led Consortium to Bid for Dutch Borssele OW Projects

RWE Innogy, EDP Renewables and Macquarie Capital have formed a consortium to participate in the forthcoming Dutch offshore wind tender for Borssele I and II projects, each with a 350MW capacity. Macquarie Capital will also act as the consortium’s financial adviser. The tendering procedure for Borsse

about 10 years ago
Red ink for Sevan Marine. Millions spent on bribery investigation
News

Red ink for Sevan Marine. Millions spent on bribery investigation

Sevan Marine, a company specializing in floating production and drilling units, has posted a net loss for the third quarter of 2015 compared to profitable third quarter of 2014. Namely, Sevan Marine’s net loss for the third quarter of 2015 was $10 million compared to profit of $1.3 million in the co

about 10 years ago
Kogas LNG imports down in Jan-Sep
News

Kogas LNG imports down in Jan-Sep

South Korea’s Kogas said its LNG imports dropped 14 percent in the first nine months of this year due to a decline in domestic sales. The worlds’ largest corporate buyer of LNG said in a report on Tuesday it imported 22.91 million mt of the chilled gas in January-September, compared to 26.61 million

about 10 years ago
MISC denies Bumi Armada FPSO merger talks (Malaysia)
News

MISC denies Bumi Armada FPSO merger talks (Malaysia)

Following reports that Malaysia’s shipping giant MISC, and offshore vessel provider Bumi Armada could merge their respective FPSO businesses, MISC has denied the allegations. Namely, in a statement issued on Wednesday, the company said: “In response to recent market speculation, MISC wishes to state

about 10 years ago
Vard loss deepens. Yard activity slips
News

Vard loss deepens. Yard activity slips

Offshore shipbuilder and designer Vard has slipped further into a third quarter loss. The company on Wednesday posted a net loss of NOK 845 million, compared to a loss of NOK 160 million. Revenue was NOK 2.27 billion, down 19 percent from NOK 2.8 billion a year ago. In its quarterly presentation, Va

about 10 years ago
Update: Worker dies at Sabine Pass LNG terminal
News

Update: Worker dies at Sabine Pass LNG terminal

A worker has died in an accident at Cheniere’s Sabine Pass LNG export plant in Cameron Parish, Louisiana.

about 10 years ago
Green light to Gassco for Utsira High pipeline
News

Green light to Gassco for Utsira High pipeline

The Petroleum Safety Authority Norway has given Gassco consent to use the Utsira High Gas Pipe (UHGP). Namely, Gassco took over operatorship of the pipeline in November 2016. In addition, Gassco is also the technical operations provider for the pipeline. The pipeline will transport rich gas to Brita

about 10 years ago
Low activity levels chop Subsea 7 profit
News

Low activity levels chop Subsea 7 profit

Subsea 7 S.A., a subsea engineering, construction and services company, has seen its third quarter 2015 net profit and revenues drop due to lower activity. Subsea 7 on Wednesday posted a net income for the 3Q 2015 of $145 million, compared to $199 million in 3Q 2014. The reduction was primarily due

about 10 years ago
Japan’s spot LNG price up in October
News

Japan’s spot LNG price up in October

Japan’s price of spot liquefied natural gas contracted in October averaged US$7.6 per mmBtu on DES basis.

about 10 years ago
Texas LNG moves closer to FID
News

Texas LNG moves closer to FID

Texas LNG said it has submitted all thirteen draft resource reports to the FERC and entered into a master framework alliance agreement with Honeywell.

about 10 years ago
DSME ordered to stop LPG construction following incident
News

DSME ordered to stop LPG construction following incident

Following an accident at Daewoo Shipbuilding & Marine Engineering’s shipyard, the government ordered a partial halt of operations.

about 10 years ago
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