The most popular articles of the week July 24 – 30, 2017.
Video: Shell’s Prelude FLNG arrives in Australian waters Shell’s Prelude floating liquefied natural gas (FLNG) facility has arrived at its location, the Prelude gas field, 475km North-North East of Broome. Black & Veatch wins Jafrabad FSRU contract Black & Veatch headquartered in Overland Park, Kans
Colombia’s Ecopetrol has informed that a new hydrocarbon discovery was made in the Warrior-2 well, in which Ecopetrol America Inc. holds a 30% interest. The Anadarko-operated Warrior-2 is located in the Green Canyon area of the Gulf of Mexico (United States), 190 kilometers from the coast, 11 kilome
The United States Department of Energy issued an order seeking Louisiana LNG Energy to show cause for its inactivity on the proposed LNG export project to be constructed in Plaquemines Parish, Louisiana.
Offshore WIND Conference proudly confirms Bent Christensen, Vice President, Siemens Gamesa, as speaker during the event. Christensen will be part of the opening session which will touch on the potential cannibalization of the electric market. Christensen has clear views on renewables, stating: “Clea
Premier Oil, a UK-based oil and gas company, has completed its debt refinancing after months of talks with creditors. The company on Friday said that the refinancing of the group, announced in February, had become effective. In an operational update earlier this month Premier said its net debt was $
The Chevron-led Wheatstone LNG project west of Onslow, Australia is expected to start production next month, Chevron’s chairman and CEO John Watson said on Friday.
Chevron has reported a net income of $1,45 billion for the second quarter of the year, a substantial leap from a loss of $1,47 billion a year ago. The result was boosted by an $853 million contribution from the upstream segment, which in 2Q 2016 recorded a loss of $2,46 billion. “Second quarter resu
Boskalis has kicked off rainbowing works at the Maasvlakte 2 site, where the Port of Rotterdam is setting up the Rotterdam Offshore Center, dedicated to the offshore wind and oil and gas industries.
Gulf Island Fabrication, a Houston-based fabricator of specialized offshore structures, has ended up in the red for the 2Q 2017 due to reduced revenue for the quarter. Gulf Island said in its second quarter financial report that it went from black to red in 2Q with a loss of $10.9 million. In the se
Italian energy giant and LNG player Eni on Friday reported a net profit of €18 million ($21 million) for the second quarter of 2017, compared to a €446 million loss in the corresponding period last year.
Singapore’s offshore rig builder Sembcorp Marine sees signs of offshore market improvement, however it believes its will take longer for a more robust recovery. The company’s second quarter revenue fell to $655 million, a 28 percent dive compared to $908.5 million in 2Q 2016. Net profit fell to $5.6
Peterson has signed a letter of intent to lease some 1.2 million square feet of rental space in Port Cameron Logistics Center in Louisiana, a project being developed to serve offshore installations in the Gulf of Mexico. The letter of intent which was signed on Thursday follows a consultancy agreeme
ConocoPhillips-operated Australia Pacific LNG concluded the 90-day operational phase of the two train project finance lenders’ test.
