Liquefied natural gas (LNG) imports into Japan, the world’s largest buyer of the fuel, are expected to decline in fiscal 2017 and 2018 as more nuclear reactors come back online, according to the Institute of Energy Economics Japan. Since the devastating earthquake and tsunami in March 2011 which cau
Houston-based LNG engineer KBR reported a 10 percent rise in revenue for the second quarter of 2017.
After months of preparations, Hyperdynamics is finally set to spud the Fatala-1 exploration well in its concession offshore Guinea. The oil company has informed that the Pacific Scirocco deep water drillship has reached its target drilling location 165 kilometers offshore the Republic of Guinea in N
The majority of German respondents have rejected the expansion of economic sanctions against Russia planned by the United States, a survey reveals.
The US Energy Information Administration (EIA) has released a report explaining the relevance of maritime chokepoints. Chokepoints are narrow channels along widely used global sea routes for oil transport, with some so narrow that restrictions are placed on the size of the vessel that can navigate t
Gas shipping giant BW said its FSRU BW Singapore that is currently operating in Egypt has reached a ship-to-ship transfer milestone. BW LNG’s first floating storage and regasification unit (FSRU) has completed its 100th STS transfer on 22 July 2017, the company said in a brief statement through its
Malaysian oil and gas company Petronas has further increased its footprint in Mexico, and is now set to open a new office in the country to strengthen its commitment to the country’s oil and gas sector. In a recently held licensing round, Petronas has, in partnership with Colombia’s Ecopetrol, been
Doha-based Qatar Navigation (Milaha) saw its profit halved for the first six months of 2017, due to difficult shipping market conditions.
Dry bulk shipping charter rates are expected to continue to recover with firm demand and controlled fleet growth, shipping consultancy Drewry said. In it latest report, Drewry has revised its charter rates forecast in the short term as the date to implement ballast water management systems (BWMS) ha
The facts: there are 155 platforms and 1,200 wells in the Dutch part of the Southern North Sea. More and more fields are reaching the end of their economic life, which means that according to convention the infrastructure must be cleaned up or made suitable for re-use.
Starting from August 16, 2017, all ships from international waters will be required to provide a ballast water sample and report when calling at Saudi Aramco ports and terminals, Inchcape Shipping Services (ISS) informed. As explained, the aim of this initiative is to ensure all ships comply with Ba
Independent oil and gas exploration and production company, Kosmos Energy is seeking a secondary listing on the London Stock Exchange.
NY Governor Andrew M. Cuomo yesterday announced $2.5 million to increase the resiliency of the Sauquoit Creek through the construction of an innovative floodplain ‘bench’ that will store and slow floodwaters and protect downstream communities. In addition, the governor announced new coordinated stat
Fugro Subsea Services has terminated for convenience its time charter for the Fugro Saltire multi-purpose offshore vessel. Forland Subsea II AS, which bareboat charters the Fugro Saltire from E Forland AS, has received a notice of termination from time charterers Fugro Subsea Services. E Forland sai
