The Crew Union of Towage Companies in Greece is about to stage a towage strike in Greece today which will affect vessel movements at all Greek ports and terminals, Inchcape Shipping Services (ISS) informed. The strike is scheduled to take place on 22nd to 23rd of October and will consist of daily fo
IEV Energy said on Thursday that it has signed a binding memorandum of understanding with TL-Emrail consortium to launch a feasibility study on LNG distribution in Tamil Nadu, India.
Baker Hughes, one of the world’s largest oil field services companies, soon to be acquired by Halliburton, has seen a net loss for the third quarter of 2015 of $159 million, compared to a profit of $375 million a year earlier. The revenue for the third quarter of 2015 was $3.8 billion, a drop of 39%
Petrobras, Brazil’s state-owned oil giant, will cancel the ongoing tender process for heavy and medium helicopters. Namely, Era Group Inc., a helicopter transport operator based in the United States, announced that its Brazilian joint venture, Aeróleo Taxi Aero S/A (Aeroleo), on Wednesday received n
Australia’s energy company Santos has rejected a takeover approach by Scepter Partners. Santos on Tuesday received a proposal from Scepter Partners, on behalf of the managed funds of its core stakeholders, to acquire all of Santos for a cash consideration of A$6.88 per share. Reuters says that the b
Australia’s Santos, the operator of the GLNG project, said it has rejected a 7.1 billion Australian dollar (US$5.1 billion) takeover offer from a fund backed by sovereign investors and the ruling families of Brunei and the United Arab Emirates. Santos has on Tuesday received an indicative, highly co
JX Nippon Oil and Gas Exploration (Malaysia) Ltd has awarded a subsea contract to Technip, in the Layang field, in Malaysia. The contract covers the engineering, procurement, fabrication, installation and commissioning of three flexible pipes totaling 9.9 kilometers. The Layang field is located in B
Dutch company Rolande LNG said it has on Tuesday opened a liquefied natural gas truck fueling station in Utrecht.
Ulstein has informed that the first of four ultra-long distance towing and anchor handling vessels, ‘ALP Striker’, has been launched at Japan’s Niigata Shipbuilding & Repair. Based on the ULSTEIN SX157 design, Ulstein says ALP Striker is the first vessel of its kind, and a natural part of the ALP Fu
The National Oceanography Centre (NOC) is a partner in a new £2.5m Centre for Doctoral Training in the use of ‘robotic’ systems for environmental sciences. The NOC component of the centre will focus on innovative marine robotics and sensors, which can be used to address key scientific challenges suc
ERHC Energy Inc., a Houston-based independent oil and gas company with oil and gas assets in Sub-Saharan Africa, will transfer all its rights to Block 11 of the São Tomé and Principe Exclusive Economic Zone (EEZ) to Kosmos Energy. According to ERHC’s press release from Tuesday, the agreement has bee
The Grid Code defines the working conditions for the operators of the grid administrators and the distributer or end user concerning the operation of, and the connection to, the grid, how the grid is functioning, and connections to other grids. They are the rules to which generating plants have to c
Polskie Górnictwo Naftowe i Gazownictwo informed that it has further amended the terms of the LNG supply deal with Qatargas signed in June 2009.
Jera, the joint venture created by Tokyo Electric Power and Chubu Electric, revealed plans to cut the amount of LNG it imports on long-term deals.