Parkmead, a UK and Netherlands-focused o&g company, has completed an acquisition of a 50 percent interest in the UK North Sea license P.2209 from Verus Petroleum. To remind, Parkmead signed a sale and purchase agreement with Verus Petroleum to acquire the interest in the license back in May. License
In a recent ruling, the U.S. Internal Revenue Service determined the Alaska Gasline Development Corporation (AGDC) qualifies as a tax-exempt political subdivision of the State of Alaska under new and more stringent proposed IRS regulations.
A consortium comprising DIF, Multiplex, Compass Group and Brookfield Financial has been contracted to build and manage a new Karratha workers accommodation facility for Woodside.
Three foreign flagged ships were detained in UK ports in July 2017 after they failed Port State Control (PSC) inspection, the country’s Maritime and Coastguard Agency (MCA) said. The vessels in question are Cap Ferrat, Aristidis and Ocean Vantage. The Cyprus-flagged bulk carrier Cap Ferrat was detai
Oil and gas exploration firm Cobalt International has yet to resolve a dispute with Angolan state-owned oil company Sonangol over impairment charges related to its assets in Angola. To remind, Sonangol in August 2015 agreed to buy all of Cobalt’s 40% participating interest in Blocks 21/09 and 20/11
US LNG export player Cheniere narrowed its net loss from $298 million in the second quarter of 2016 to $285 million in the second quarter of 2017.
Kleven Verft, a Norwegian shipyard, has found a buyer for a newbuild multi purpose support vessel which it completed back in 2015. Kleven said on Wednesday it had sold the newbuilding 379 to an undisclosed, international buyer. “We are pleased to have found a solution for this vessel. This was a cha
European natural gas suppliers will have to be more active in finding alternative supplies as the United States is actively pushing for its liquefied natural gas (LNG) shipments into Europe, according to Klaus Schäfer, Chief Executive of German utility Uniper.
Liquefied natural gas throughput at the two French LNG terminal’s in Fos-sur-Mer near Marseille remained flat during the first six months of 2017 compared to the same period a year ago.
COSCO’s Xin Guang Hua heavy lift and transportation vessel has earlier this week loaded Shell’s Appomattox platform hull at Geoje, South Korea. The giant vessel will take the unit to the U.S., where the platform will eventually be installed at Shell’s Appomattox field in the U.S. Gulf of Mexico. The
The Center for Strategic Development will evaluate Russia’s demand for next-generation super-heavy nuclear-powered icebreakers for the purposes of freight transportation along the Northern Sea Route (NSR), The Arctic said. The survey has been ordered by Atomflot (Rosatom Flot), a company owned by th
Chelmsford-based CWind has won a contract to deliver all cable pull-in services for 66 offshore wind turbines and one offshore substation at the 396MW Merkur offshore wind farm.
Fourchon LNG requested a permit from the Federal Energy Regulatory Commission to begin the environmental pre-filing review of its proposed LNG export project in Lafourche Parish, Louisiana.
Cheniere Energy Partners on Tuesday reported a net income of $4.5 million for the second quarter of 2017.
