International shipping association BIMCO is planning to develop new gas-related contracts in Asia in an effort to further increase the involvement of its Asian members.
French gas grid operator GRTgaz pointed out the need for sufficient supply of LNG as well as management of the underground storage facilities in order to secure smooth winter operations.
The Hibernia platform, located offshore Newfoundland and Labrador, is gradually resuming production following a shutdown last Friday, November 16.
Natural gas feedstock deliveries to U.S. LNG liquefaction facilities have continued to rise week on week as commissioning activities on several projects continue.
JAXPORT secures USD 46 million in USACE funding for the harbor deepening project.
Asian spot prices for liquefied natural gas (LNG) reportedly declined 10 percent this week to a more than three-month low due to a slide in oil prices and forecasts for a warmer than average winter. Spot prices for January delivery in North Asia LNG-AS were estimated at $10 per million British therm
Greek gas grid operator DESFA-run Revithoussa LNG terminal near Athens inaugurated the third storage tank significantly bumping the facility’s storage capacity.
Standard Drilling has increased its ownership stake in New World Supply (NWS) and four of its platform supply vessels.
Ashtead Technology has expanded its IMR services with the acquisition of Canadian-based underwater inspection company Welaptega.
Russia’s largest independent natural gas producer Novatek started initial production of LNG at the third liquefaction train at its Yamal LNG facility.
Prosafe’s flotel Safe Caledonia has completed its work on BP’s Clair Ridge platform located West of Shetland and the Safe Zephyrus will take over next year.
Oil giant Shell has informed it has started to supply natural gas from the Ineos and Spirit Energy-owned Clipper South field, into the UK gas network via Shell’s Clipper hub in the southern North Sea. The Clipper field is located in the southern part of the UK sector of the North Sea in the Sole Pit
Russia’s Gazprom Neft has found a new oil field in the Sea of Okhotsk near Sakhalin Island in the Russian Far East. The company has informed it has recently completed its drilling and testing of a prospecting and appraisal well in the Bautinsky formation at the Ayashsky license block in the Sea of O
Russian giant Gazprom noted a ‘considerable potential’ to become one of the global LNG leaders as its production capacity is being constantly developed.
