Oil and gas giant Shell said its equity sales of LNG dropped 4 percent to 11.63 million tonnes in the first half of this year, as compared to the same period in 2014. This was mainly due to an unplanned shutdown at NWS in Australia, the Woodside divestment, and lower volumes from Malaysia LNG Dua wh
Oil and gas giant Shell said its equity sales of LNG dropped 4 percent to 11.63 million tonnes in the first half of this year, as compared to the same period in 2014. This was mainly due to an unplanned shutdown at NWS in Australia, the Woodside divestment, and lower volumes from Malaysia LNG Dua wh
A significant growth in both investment and activity in the floating liquefied natural gas (FLNG) market is expected over the next seven years, with Douglas-Westwood (DW) forecasting total expenditure of USD 58.3 billion in its new market report. The industry consultancy attributed 61% of this spend
A significant growth in both investment and activity in the floating liquefied natural gas (FLNG) market is expected over the next seven years, with Douglas-Westwood (DW) forecasting total expenditure of USD 58.3 billion in its new market report. The industry consultancy attributed 61% of this spend
There will be significant growth in both investment and activity in the FLNG market over the next seven years, with Douglas-Westwood (DW) forecasting total expenditure of $58.3 billion in its new market report. According to the report, 61% of this spend is attributed to liquefaction infrastructure,
There will be significant growth in both investment and activity in the FLNG market over the next seven years, with Douglas-Westwood (DW) forecasting total expenditure of $58.3 billion in its new market report. According to the report, 61% of this spend is attributed to liquefaction infrastructure,
Oil and gas giant Shell has warned of capital expenditure and workforce cuts due to low oil price environment. According to the company, operating costs are expected to fall by over $4 billion, or around 10%, in 2015, as its sustainable cost reduction programmes gather pace. “We plan to reduce costs
Rosneft and ExxonMobil have filed joint bids to participate in the fifth licensing round organized by the Republic of Mozambique Institute of National Petroleum (Instituto Nacional de Petróleo). A total of fifteen blocks were included in the fifth licensing round, comprising some 76,800 sq km of acr
Eni of Italy said its adjusted net profit dipped 84 percent to €139 million amid a sharp decline in oil prices. In the second quarter, Eni’s hydrocarbon production was 1.754 million boe/d, up by 10.7 percent on year. This was driven by new production start-ups and continuing ramp-ups at fields start
Eni of Italy said its adjusted net profit dipped 84 percent to €139 million amid a sharp decline in oil prices. In the second quarter, Eni’s hydrocarbon production was 1.754 million boe/d, up by 10.7 percent on year. This was driven by new production start-ups and continuing ramp-ups at fields start
The U.S. Coast Guard is responding to a report of an oil sheen in the water near Goleta Beach, Santa Barbara, California. Coast Guard received a call from Santa Barbara County Fire Department on Wednesday morning local time, reporting that there was a large amount of sheen in the water, 1,000 yards
The U.S. Coast Guard is responding to a report of an oil sheen in the water near Goleta Beach, Santa Barbara, California. Coast Guard received a call from Santa Barbara County Fire Department on Wednesday morning local time, reporting that there was a large amount of sheen in the water, 1,000 yards
The European Union Research and Innovation Programme HORIZON 2020, selects Modular INNODRIVE project of INNOVO for its programme. INNOVO pushed again technology beyond its limits implementing the Modular Reel Drive System “Modular INNODRIVE” for the SURF Business. The Modular INNODRIVE technology br
The European Union Research and Innovation Programme HORIZON 2020, selects Modular INNODRIVE project of INNOVO for its programme. INNOVO pushed again technology beyond its limits implementing the Modular Reel Drive System “Modular INNODRIVE” for the SURF Business. The Modular INNODRIVE technology br
