Thailand’s PTT is aiming to secure smaller stakes in Australian liquefied natural gas projects to triple its LNG imports by 2022 as the domestic natural gas production diminish.
Nam Cheong, a cash strapped Malaysian offshore vessel builder, has been hit with a claim by AmBank. The OSV player on August 9, 2017 received a writ of summons and statement of claim dated August 7, 2017 filed by AmBank in the High Court of Malaya at Kuala Lumpur, Malaysia. AmBank is seeking a loan
SBM Offshore has executed a settlement contract with an extended group of primary layer insurers for the Yme platform that was recently removed from the Norwegian sector of the North Sea amid structural stability concerns. The execution follows SBM’s announcement in July, regarding the reaching of H
The Sabine Pass LNG export terminal exported fewer cargoes in the week ending August 9 as compared to the week before, according to the Energy Information Administration. Three vessels with a total LNG-carrying capacity of 9.9 billion cubic feet (Bcf) departed Sabine Pass from Thursday to Wednesday,
India’s largest importer of liquefied natural gas, Petronet LNG, a net profit of 4.4 billion rupees ($68.3 million) for the second quarter of 2017.
South Korea’s Kogas, the world’s second-largest corporate buyer of LNG, reported a 2.4 percent decrease in its domestic natural gas sales in July. Kogas said in a filing to the stock exchange on Thursday it sold 2.13 million mt of LNG equivalent last month, as compared to 2.18 million mt in July 201
Malaysian energy giant Petronas is aiming to grab a larger share in India’s liquefied natural gas sector, the company’s president and CEO Wan Zulkiflee Wan Ariffin said on Thursday.
Bibby Wavemaster 1, Bibby Marine Services’ service operation vessel (SOV), has completed her sea trials in the Black Sea and is getting ready to set sail to the Galloper offshore wind farm in the UK.
Bibby Wavemaster 1, Bibby Marine Services’ service operation vessel (SOV), has completed her sea trials in the Black Sea and is getting ready to set sail to the Galloper offshore wind farm in the UK.
The US Navy’s severely damaged guided missile destroyer USS Fitzgerald is to be moved back to the US months after it collided with the containership ACX Crystal in Japan. The warship “will be returning to the US for repairs,” the spokesperson for the US Navy 7th Fleet confirmed, adding that the deal
MPI Offshore’s wind turbine installation vessel MPI Enterprise has installed 44 out of 54 Senvion 6.2M126 wind turbines at the 332MW Nordsee One offshore wind farm in the German North Sea, Canada’s Northland Power reports.
Amec Foster Wheeler, a provider of services to the global energy industry, returned to profit in the first half of the year. The UK-based company on Thursday reported a net profit of 57 million pounds on a 2,3 billion pund revenue. This is compared to a loss of 429 million pounds a year ago and [&he
AGL Energy, Australia’s second-largest power and gas retailer, picked Crib Point (Western Port) in Victoria as the preferred site for a liquefied natural gas (LNG) import terminal.
ROV services provider M2 Subsea has formed an alliance with offshore vessel operator Harvey Gulf Marine International to provide subsea ROV services in the Gulf of Mexico. M2 Subsea said that the alliance would see the company’s ROVs utilized on board Harvey Gulf’s DP2 survey support vessel, the Har
