Dong Energy has reported a net profit of DKK 2.8 billion for the first half of 2015, an increase of DKK 1.3 billion compared to H1 2014. On back of the the strong earnings, the company has adjusted outlook for 2015 upwards with EBITDA lifted by Dkr1.5bn to between Dkr17bn and Dkr19bn for this year.
Prices of spot LNG to Asia averaged $8.007 per million British thermal units for September, according to latest Platts Japan/Korea Marker data for month-ahead delivery.
As Inpex-operated $34 billion Ichthys LNG project construction is reaching its peak, work on the Ichthys field is not falling behind.
LNG player Woodside said its first-half profit dropped 39 percent to US$679 million as a result of lower oil prices over the period. The company’s production was at 42 MMboe, down 9.7 percent as compared to the first half in 2014. The reduction was primarily due to the first major planned turnaround
Offshore geophysical site surveys and associated data analysis have been completed at Carnegie Wave Energy’s CETO 6 Project at Garden Island. The geophysical survey activities used a number of different methods, including single and multi-beam echo sounding, side scan sonar and sub-bottom profiling
Japan’s imports of liquefied natural gas dropped 11.3 percent in July, as compared to the same month a year ago, preliminary data from the Ministry of Finance reveals.
The U.S. Bureau of Ocean Energy Management (BOEM) will carry out Gulf of Mexico Western Planning Area Lease Sale 246 on Wednesday, August 19, 2015, at the Mercedes-Benz Superdome in New Orleans. Doors open at 7:30 and bid reading begins at 9:00 AM CDT. The sale, which offers 21.9 million acres for o
LNG carrier freight rates have come under severe pressure due to rising fleet supply and stabilising LNG demand, as Japan prepares to restart its nuclear power plants, shipping consultancy Drewry said in a report on Tuesday.
Brazil’s state-run oil company Petrobras reported its average oil and natural gas production rose 1.8% in July compared to the previous month and reached 2.796 million barrels of oil equivalent per day (boed). The Company produced 2.746 million boed in June. Production is up 3.6% on July 2014 (2.699
Circle Oil Plc, the North African focused oil and gas exploration, development and production company, has announced that the Tunisian Authority has approved the application to renew the exploration permit on its Mahdia block, offshore Tunisia. The Permit is being extended for three years until Janu
Norway’s Electromagnetic Geoservices ASA (EMGS) has entered into a new data licensing agreement with an oil company for the provision of 3D EM data. The company said Wednesday that the date will be provided from the multi-client data library over the Barents Sea. The deal is worth $3.3 million. EMGS
DOF, an offshore supply vessels owner from Norway, has sold and delivered the vessel Skandi Fjord to new owners. The offshore well stimulation vessel has been laid up since year end 2014. Skandi Fjord, 87.1 meters long, was built in 1983, and spent years working for Halliburton. In 2014, the vessel
Petrobras of Brazil said its average oil and natural gas production rose 1.8% in July compared to the previous month and reached 2.796 million barrels of oil equivalent per day (boed). The company’s production in July was up 3.6% when compared to the same month in 2014. Petrobras’ total oil and natu
Cuadrilla said it has been offered two new exploration licences, as part of the UK Government’s 14th Round for onshore oil and gas licences.
