Houston-based Energy XXI Gulf Coast is preparing for its most active drilling program since 2014 with plans to drill six wells in the Gulf of Mexico this year. According to the company’s statement on Tuesday, its board of directors has approved a 2018 capital expenditure budget in the range of $145
German car giant BMW has completed a pilot project aimed at testing trucks powered by liquefied natural gas (LNG). The two-week test was commisioned by BMW’s plant in Regensburg, Germany and implemented together with the Italian truck manufacturer Iveco and Spedition Duvenbeck. As part of the test,
Spanish Port of Bilbao recorded a 7% cargo volume growth by handling 34.2 million tons in 2017, a 2.2 million-ton increase over 2016.
A containership allided with the southern gate of Kiel-Holtenau lock at a speed of more than 20 km/h on late February 19.
Spanish LNG terminal operator, Enagás reported a net profit of 490.8 million euros ($606.6 million) in 2017, a rise of 17.6 percent year-on-year. This figure includes the accounting impact produced by the full consolidation of GNL Quintero, the Chilean regasification plant, since January 2017, the S
Papua New Guinea-focused Oil Search saw its net profit after tax shoot up 236 percent in 2017, compared to the previous year on the back of record production levels and stronger oil and gas prices.
The Government of Western Australia has announced more than $1.6 million in funding is available for strategic coastal planning and management along with projects that improve coastal conditions. Coastal Adaptation and Protection (CAP) and Coastal Management Plan Assistance Program (CMPAP) grants ai
The port of Rotterdam has seen the throughput of bunkered liquefied natural gas (LNG) rise from 100 tons in 2016 to 1,500 tons in 2017.
Louisiana Offshore Oil Port (LOOP) has completed its first Very Large Crude Carrier (VLCC) crude oil loading operation at its Deepwater Port, 18 miles offshore of Port Fourchon, Louisiana.
Bredenoord has supplied 72 generators for the Wikinger offshore wind farm in Germany until the 350MW project is fully commissioned and starts feeding power into the national grid.
Hull Container Terminal welcomes two ship-to-shore gantry cranes that will enable the facility to increase capacity.
Woodside has raised A$1.57 billion (around $1.24 billion U.S. dollars) through an Institutional Entitlement Offer of new shares.
Russia’s largest independent natural gas producer and LNG operator, Novatek won the open auction to acquire Maretiom Investments and Velarion Investments from Alrosa.
Australia’s BHP Billiton is expected to start drilling at Mexico’s Trion discovery in the fourth quarter of 2018.
