International backing has been given to a new initiative from London-based Seafarers Rights’ International (SRI), which aims to harness the support of governments worldwide in implementing locally-binding legislation on the fair treatment of seafarers following a maritime casualty. Representatives f
Israeli energy company Delek is set to divest 9.25 percent in Tamar and Dalit fields offshore Israel, to a special purpose company named Tamar Petroleum. According to the sale plan, Tamar Petroleum will offer securities to the public (equity and debentures) that will be registered for trading on the
Norwegian-listed shipping company Stolt-Nielsen said its unit, Stolt-Nielsen Gas set up Avenir LNG, a unit to focus on the development of small-scale LNG supply chain.
The Brownsville Navigation District reached a provisional commitment by Rio Grande LNG towards the restoration, enhancement and preservation of the Bahia Grande wetland complex.
New Zealand Oil & Gas has completed the previously announced acquisition of Mitsui’s four per cent interest in the Kupe gas and light oil field, offshore New Zealand for NZ$35 million. The transaction, announced in May, was subject to the Kupe joint venture participants’ pre-emptive rights and other
Scottish offshore support vessel provider Sentinel Marine has launched the Malin Sentinel vessel, the last in its fleet of new emergency response and rescue vessels (ERRVs), in China. The ERRV has been launched at a shipyard in Cosco and is currently berthed alongside one of the firm’s other vessels
Intercontinental Exchange operator of global exchanges and clearing houses acquired the remaining stake in ICE Endex from Dutch gas infrastructure company and a shareholder in the Gate LNG terminal in Rotterdam, Gasunie.
Qatar is eager to retain its position as the world’s key exporter of liquefied natural gas (LNG), especially in light of the ongoing dispute with its neighbors which could result in more economic sanctions against the country. On Tuesday, Qatar Petroleum announced its intention to raise Qatar’s LNG
Norwegian new offshore support vessel player Solstad Farstad has completed the sale of its REM Etive vessel to Fugro. Solstad Farstad said that both the sale and delivery of the vessel were completed on Wednesday, July 5, 2017. Initially, the sale was agreed between Solstad Offshore and Fugro in Feb
Nigeria’s cabinet has approved the national gas policy which should help the country broaden its economy beyond oil. The petroleum ministry said on Wednesday that the gas policy would form appropriate institutional, legal, regulatory and commercial framework for the gas sector, and remove the barrie
Solstad Farstad (SOFF), a merger company of Solstad, Farstad and Deep Sea Supply (DESSC), has completed the sale and the delivery of the subsea construction vessel Rem Etive to Fugro. The Oslo-listed company reached an agreement with Fugro for the sale of Rem Etive in February this year. Prior to th
Following press reports that the Gambian government ended talks with African Petroleum (AP) for the extension of exploration rights for two offshore blocks, the Oslo-listed oil company denied the claims. The licenses in question are A1 and A4 offshore The Gambia where African Petroleum holds a 100%
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, have closed the acquisition of LNG carrier GasLog Geneva from its parent company.
The International Gas Union (IGU) on Wednesday released its Wholesale Gas Price Survey confirming “significant changes in wholesale price formation mechanisms during a period of key developments and upheaval in the global gas market.”
