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News

Norway MPE Postpones Decision on NorthConnect Project
News

Norway MPE Postpones Decision on NorthConnect Project

The Ministry of Petroleum and Energy (MPE) has informed NorthConnect that the Ministry lacks sufficient information at this point to reach a decision on the license applications for a new interconnector for electricity. NorthConnect is a proposed power cable connecting Norway and Scotland. The Norwe

about 6 years ago
LGM Engineering FGSS ordered for LNG-fueled VLCC
News

LGM Engineering FGSS ordered for LNG-fueled VLCC

LGM Engineering, formerly known as Gloryholder LGM, has secured a deal to supply an LNG fuel gas supply system to Dalian Shipbuilding Industry (DSIC).

about 6 years ago
Oil price war and coronavirus to sink global E&P capex to at least 13-year low, Rystad says
News

Oil price war and coronavirus to sink global E&P capex to at least 13-year low, Rystad says

Under Rystad Energy’s updated base case scenario of $34 per barrel in 2020 and $44 per barrel in 2021, global capital expenditure for E&P firms is expected to drop by up to $100 billion this year, about 17% versus 2019 levels.

about 6 years ago
Worley scores extension to support Chevron’s LNG assets
News

Worley scores extension to support Chevron’s LNG assets

Oil and gas contractor Worley has secured a services contract extension with Chevron for the company’s Australian assets including Gorgon and Wheatstone LNG projects.

about 6 years ago
Shell pulls out of Lake Charles LNG export project
News

Shell pulls out of Lake Charles LNG export project

The Hague-based energy giant Shell is withdrawing from the planned Lake Charles liquefied natural gas export project in Louisiana citing current market conditions. Oil prices have plunged to an 18-year low on Monday due to the effects of the coronavirus pandemic. The Lake Charles LNG export project

about 6 years ago
TGS and PGS release final seismic data ahead of Canadian licensing round
News

TGS and PGS release final seismic data ahead of Canadian licensing round

Norwegian seismic firms PGS and TGS have released final 3D seismic data results offshore Newfoundland and Labrador ahead of the C-NLOPB announcement of parcels and the forthcoming 2020 Eastern Newfoundland licensing round.

about 6 years ago
Nova Scotia Calls Off New Tidal Project at FORCE
News

Nova Scotia Calls Off New Tidal Project at FORCE

Nova Scotia’s call for applications to fill the vacant tidal energy berth at the Fundy Ocean Research Centre for Energy (FORCE) has been cancelled. “In coordination with government and after consultation with applicants to the call for applications, the procurement administrator has decided to exerc

about 6 years ago
Titan LNG facilitates LNG bunkering op in Anwerp
News

Titan LNG facilitates LNG bunkering op in Anwerp

The Dutch service supplier of liquefied natural gas, Titan LNG, over the past weekend aided the liquefied bunkering operation at the port of Antwerp.

about 6 years ago
Coronavirus: MPA Singapore Softens Ban on Crew Changes
News

Coronavirus: MPA Singapore Softens Ban on Crew Changes

The Port of Singapore has softened the ban on crew changes amid the coronavirus pandemic.

about 6 years ago
UK LNG terminals book first April cargoes
News

UK LNG terminals book first April cargoes

United Kingdom’s liquefied natural gas import terminals on the Milford Haven waterway are set to receive a pair of cargoes over the coming days.

about 6 years ago
Konecranes Announces 2,000 Temporary Layoffs in Finland amid COVID-19 Impact
News

Konecranes Announces 2,000 Temporary Layoffs in Finland amid COVID-19 Impact

Finnish Konecranes to temporarily lay off some 2,000 employees.

about 6 years ago
Yilport Holding to Make Italy’s Taranto Port Its Mediterranean Hub
News

Yilport Holding to Make Italy’s Taranto Port Its Mediterranean Hub

Yilport Holding is working with Konecranes Ports Services to recommission 23 port cranes at Italy’s Taranto Port.

about 6 years ago
Reality
News

Reality

Frank Coles, CEO of Wallem: Attitudes have to change, from the top of the organization to the bottom.

about 6 years ago
Boxship Dodges Pirate Attack South of Bonny Island
News

Boxship Dodges Pirate Attack South of Bonny Island

MV Lana escaped pirate hands on Friday, March 27, while sailing south of Bonny Island, Nigeria.

about 6 years ago
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