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News

UKOG ditches offshore license to focus on onshore oil find appraisal
News

UKOG ditches offshore license to focus on onshore oil find appraisal

UKOG has given up on its license offshore Isle of Wight to focus on adjacent onshore oil discovery and exploration prospects.

about 8 years ago
Origin closes A$1.6bn Lattice Energy sale
News

Origin closes A$1.6bn Lattice Energy sale

Sydney-based Origin Energy, the holder of a 37.5 percent stake in the Australia Pacific LNG project, has completed the A$1.59 billion ($1.24 billion) sale of its conventional upstream oil and gas business, Lattice Energy, to Beach Energy. To remind, the deal was announced back in September 2017. “Af

about 8 years ago
Premier bags Indonesian offshore license
News

Premier bags Indonesian offshore license

Premier Oil has been awarded the Andaman II license in the 2017 Indonesian License Round.

about 8 years ago
IHS Markit identifies 5 billion ‘short-cycle’ barrels in overlooked areas
News

IHS Markit identifies 5 billion ‘short-cycle’ barrels in overlooked areas

IHS Markit has identified more than five billion quick-to-first-oil barrels of oil equivalent up for grabs in numerous smaller, previously bypassed, or underperforming reservoirs outside North America. These, IHS Markit said, offer oil and gas operators a ’shorter-cycle’ path to production than new,

about 8 years ago
Families of Missing Stellar Daisy Crew Call for Resumption of Search Operation
News

Families of Missing Stellar Daisy Crew Call for Resumption of Search Operation

South Korean families of Stellar Daisy’s missing crew are calling for the search and rescue operation to be resumed.

about 8 years ago
SEALNG launches bunkering tool
News

SEALNG launches bunkering tool

SEALNG, the industry coalition promoting the use of liquefied natural gas as a marine fuel, said on Tuesday it has launched a new free-to-access online tool to improve understanding of the current and rapidly evolving, LNG bunkering infrastructure landscape. The new Bunker Navigator Tool utilises me

about 8 years ago
PhilaPort Gears Up for the Arrival of 12,000 TEU ULCVs
News

PhilaPort Gears Up for the Arrival of 12,000 TEU ULCVs

Port of Philadelphia is preparing for the arrival of ever larger containerships.

about 8 years ago
Frustrated by delays, Red Emperor mulls exit from block off Philippines
News

Frustrated by delays, Red Emperor mulls exit from block off Philippines

Australia-based Red Emperor Resources is thinking about abandoning its interest in offshore Philippines Block, Service Contract 55 (SC 55).

about 8 years ago
Island Offshore vessel duo cleared to work on two North Sea fields
News

Island Offshore vessel duo cleared to work on two North Sea fields

Statoil has received consent from the PSA to use two Island Offshore-owned vessels for well intervention at two North Sea fields.

about 8 years ago
Asia Pacific Maritime: Paving the Future for Global Maritime Industry
News

Asia Pacific Maritime: Paving the Future for Global Maritime Industry

The dynamism of the global maritime industry has given industry leaders optimism for what 2018 has in store. “Global oil demand growth is strong and export-oriented refinery capacity is increasing to meet this demand. The shift of short-term oil market dynamics, coupled with underlying strong demand

about 8 years ago
Noble Energy selling stake in Israel’s Tamar gas field
News

Noble Energy selling stake in Israel’s Tamar gas field

Noble Energy said on Monday it would sell a 7.5 percent stake in the Tamar natural gas field, offshore Israel, to Tamar Petroleum in a deal valued at about $800 million. Under the deal, the Houston-based Noble will receive $560 million in cash and 38.5 million shares of Tamar Petroleum. The company

about 8 years ago
Bhagwan Marine Relocates Head Office
News

Bhagwan Marine Relocates Head Office

Bhagwan Marine, a marine solutions provider in Australia, has relocated its head office. The new head office is situated at 251 St Georges Terrace in Perth’s CBD. “We made the strategic decision to re-locate our head office to St Georges Terrace in Perth to benefit from a number of efficiencies, and

about 8 years ago
USD 89 Bn Lost in Underuse of European Free Trade Deals
News

USD 89 Bn Lost in Underuse of European Free Trade Deals

The full potential of European Union free trade agreements (FTAs) remains untapped.

about 8 years ago
Polish LNG terminal expansion to be completed by 2022
News

Polish LNG terminal expansion to be completed by 2022

Polish gas transmission operator, Gaz-System, expects the Swinoujscie LNG terminal’s expansion to be completed by the end of 2022.

about 8 years ago
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