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News

Port of Esbjerg Takes Over Newly Expanded Area
News

Port of Esbjerg Takes Over Newly Expanded Area

Following the completion of the works on the expansion at the Port of Esbjerg, the port took over the new harbour area in mid-October.

about 8 years ago
Swan LNG executes concession agreement for Jafrabad FSRU
News

Swan LNG executes concession agreement for Jafrabad FSRU

Swan LNG, a unit of Swan Energy, said it has executed a concession agreement with Gujarat Maritime Board and the government of Gujarat for the development of Jafrabad FSRU project.

about 8 years ago
Kosmos Energy bags first acreage off Equatorial Guinea
News

Kosmos Energy bags first acreage off Equatorial Guinea

Dallas-based Kosmos Energy has secured its first production sharing contracts offshore Equatorial Guinea.

about 8 years ago
Texarkana Dredging Project on Schedule
News

Texarkana Dredging Project on Schedule

The lake at Spring Lake Park became the subject of a multi-week dredging project to improve the overall health of the lake as well as the appearance of the outer bank, the City of Texarkana, Texas, said in their latest announcement. The project, conducted by Tatum Excavating Co., was funded by the C

about 8 years ago
ICTSI to Inject USD 100 Mn in Basra Terminal Expansion
News

ICTSI to Inject USD 100 Mn in Basra Terminal Expansion

Port operator International Container Terminal Services (ICTSI) has signed the Expansion Agreement for the second major development phase of the Basra Gateway Terminal (BGT) in North Port, Umm Qasr, Iraq. Two new berths will be developed incorporating a 20-hectare yard area, thereby raising annual B

about 8 years ago
Saipem Swings to Quarterly Profit, Cuts Nine-Months Deficit
News

Saipem Swings to Quarterly Profit, Cuts Nine-Months Deficit

Italian oilfield services player Saipem has reported profit of €53 million, on revenues of €2.28 billion, versus loss of close to €2 billion in the third quarter of 2016 on major asset write-downs and revenues of €2.61 billion. For the first nine months ended September 30, 2017, Saipem booked loss o

about 8 years ago
Swindale Beck Restoration Project Wins Award
News

Swindale Beck Restoration Project Wins Award

The Swindale Beck Restoration Project in the Lake District has scooped a major award in recognition for its contribution to creating new fish habitat. The restoration scheme beat off stiff competition to win this year’s Wild Trout Trust Award for Best Large-Scale Habitat Enhancement scheme, which wa

about 8 years ago
Mathews Dredge Meeting Set for Friday
News

Mathews Dredge Meeting Set for Friday

Mathews County, VA, said in their latest release that Congressman Rob Wittman will hold a meeting later this week on the Mathews dredging issues and the removal of aids to navigation. At the meeting, Wittman will discuss residents’ concerns about the U.S. Army Corps of Engineers’ lack of dredging in

about 8 years ago
Aker BP snaps up Hess’ Norwegian oil & gas assets
News

Aker BP snaps up Hess’ Norwegian oil & gas assets

U.S. energy company Hess Corporation has made an agreement to sell its oil and gas interests in Norway to the Norwegian oil company Aker BP for total proceeds of $2 billion. In addition to the sale of Norwegian assets and as part of its strategy to further focus the company’s portfolio and allocate

about 8 years ago
Zamil, UTEC enter offshore survey pact in Saudi Arabia
News

Zamil, UTEC enter offshore survey pact in Saudi Arabia

Zamil Offshore Services and UTEC, an Acteon company, have formed a strategic partnership to execute offshore survey projects in Saudi Arabia. UTEC said on Tuesday that the partnership brings together its offshore survey experience and Zamil Offshore’s marine and offshore operations experience as wel

about 8 years ago
Statoil shuts parts of Mongstad refinery after leakage spotted
News

Statoil shuts parts of Mongstad refinery after leakage spotted

Norwegian oil company Statoil has informed that a naphta leakage was reported at 07.14 on Tuesday 24 October at Mongstad refinery. Employees who are not part of the emergency organization at the plant were evacuated, and parts of the plant are being shut down, Statoil said. The Statoil emergency res

about 8 years ago
Engie confirms review of upstream, midstream LNG business
News

Engie confirms review of upstream, midstream LNG business

French energy giant and LNG player Engie, confirmed it has started negotiation with interested counterparties to sell its upstream and midstream LNG activities.

about 8 years ago
Russia’s Novatek looking to build Kamchatka LNG reload facility
News

Russia’s Novatek looking to build Kamchatka LNG reload facility

Russia’s largest independent natural gas producer, Novatek is planning to build a liquefied natural gas (LNG) reloading terminal on Kamchatka Peninsula in the Russian Far East. The company signed a cooperation agreement with the regional government of Kamchatka on building the facility. Novatek said

about 8 years ago
Hess sells E. Guinea assets to focus on Guyana
News

Hess sells E. Guinea assets to focus on Guyana

U.S. oil and gas company Hess is selling its assets in Equatorial Guinea to raise cash for its offshore development project in Guyana. The company on Monday said it would sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, e

about 8 years ago
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