French oil major Total has signed a deal with its compatriot Engie to buy Engie’s of upstream liquefied natural gas (LNG) business for $1.49 billion. This portfolio includes participating interests in liquefaction plants, notably the interest in the Cameron LNG project in the US, long term LNG sales
Partners Husky Energy and BP have been awarded offshore acreage in the Jeanne d’Arc region offshore Eastern Newfoundland.
LNG shipper Teekay LNG Partners reported a drop in adjusted income during the third quarter of 2017, as compared to the corresponding quarter last year.
Shell International Trading and Shipping Co. Ltd, a unit of the Hague-based energy giant, has marked 125 years of shipping heritage by naming its latest liquefied natural gas (LNG) carrier in honour of its first ever oil tanker, the Murex. The new Murex joined Shell’s technically managed fleet last
The installation of monopiles at the Arkona offshore wind farm site has been completed ahead of schedule with the last of the total of 60 monopiles now in place, allowing for an early start of the installation of the transition pieces.
Two offshore workers have been injured in a fire on the Shell-operated oil platform in the U.S. Gulf of Mexico. The platform has been shut in.
Australian LNG player, Santos has maintained its production and sales volumes guidance on the upper end of the 58-60 mmboe and 79-82 mmboe guidance ranges, respectively.
The Netherlands-headquartered offshore service vessels provider and operator SeaZip Offshore Service has appointed Tania Plank as business development manager for the UK.
The Netherlands-headquartered offshore service vessels provider and operator SeaZip Offshore Service has appointed Tania Plank as business development manager for the UK.
Teekay Offshore has taken delivery of the second Heritage Class shuttle tanker which would be used to ship Canada’s Atlantic Ocean offshore oil.
Further increases in shipping charges in Sweden will deteriorate the competitiveness of the country’s maritime industry, according to the Swedish Shipowners’ Association. Swedish Maritime Administration raised shipping charges by SEK 100 million (USD 11.9 million) on January 1, 2017. For the coming
The Port of Aden has been excluded from the temporary closure of all sea, air and land ports in Yemen imposed earlier this week by the Saudi Arabia-led coalition. The decision was attributed to the fact that the port falls under the direct management of the Yemeni government and direct control of th
MacGregor, part of Cargotec, is set to lay off 190 workers globally as part of its new cost cutting initiative. The company, providing offshore loading solutions, on Thursday announced measures to achieve annual cost savings of approximately EUR 13 million. As part of the plan, the company will spli
Over the weekend, the third jacket foundation was installed at the Nissum Bredning site in Denmark.