First oil, subject to funding, is targeted for 2024.
The lease sale has attracted $159,4 million in high bids, a result described as “somewhat modest,” by NOIA.
Japanese imports of liquefied natural gas (LNG) have slightly risen again in July after a two-month drop.
The Ultramax is the fifth vessel in the joint venture’s fleet.
Decision on well commitment is expected to be taken in the second half of 2020.
The Canadian Environmental Assessment Agency (CEAA) has begun an environmental assessment of the Kitimat LNG project in British Columbia.
The sheen from the latest spill is reported to have dissipated.
The company has secured two cruise port concessions in America so far this year.
Norway’s floating storage and regasification unit (FSRU) giant Höegh LNG has slipped to a loss for the second quarter of 2019 due to seasonal variations and dry-docking costs.
Australian LNG player Santos has reported a rise in profit for the first half of the year compared to the corresponding period in 2018 due to record production figures and a rise in sales volumes.
TechnipFMC will be supplying subsea equipment for Shell’s PowerNap subsea tie-back development
Egypt expects to boost production from the giant Zohr offshore field in the Mediterranean to 3.2 bcfd by the end of the year
Finish energy company Gasum has opened a filling station for environmentally friendly road fuel gas in Seinäjoki, Finland.
New Zealand’s Napier Port completes NZD 234 million IPO that would enable it to fund its long-term investment program.
