Perth-based LNG Limited is considering the option of redomiciling the company to the United States as well as listing it on either New York Stock Exchange or Nasdaq.
Japanese LNG project developer Inpex said it has sold a 40.1 percent participating interest in Block PDL3 in Papua New Guinea to Kumul Petroleum. The participating interest is held by Southern Highlands Petroleum in which Inpex holds a 10 percent share. Inpex acquired shares in the Production Block
The government of Australia’s Northern Territory gave thumbs up to Jemena to build the first 344km portion of the Northern Gas Pipeline (NGP) project.
The UN has urged governments to implement tighter marine pollution controls or risk further degradation of the oceans, fish stocks and ecosystems. Countries are being asked to support a ‘zero draft’ Call To Action at the 2017 UN Ocean Conference in New York that calls for an acceleration of “actions
Norwegian oil giant Statoil on Wednesday launched a video with highlights from the Aasta Hansteen field development. The hull of Norway’s first spar platform, which will be installed in the Norwegian Sea, is expected to reach the country this month. According to the oil company, the development of t
The U.S. Energy Information Administration has slightly reduced its forecast for Henry Hub natural gas spot prices this year. In its latest Short-Term Energy Outlook released on Tuesday, the agency said Henry Hub gas prices would average $3.16 per million British thermal units in 2017 and $3.41/MMBt
Turkish security forces have seized one tonne and 71 kilograms of heroin on board an offshore supply ship identified as Commander Tide, Turkish anti-narcotics police department said. The Democratic Republic of Congo-flagged cargo ship was raided by Turkish naval forces, the coastguard and special po
Turkish authorities have reportedly recovered what is believed to be one of the largest ever drug seizures in the country’s history. According to Anadolu News Agency, some 1070 kilograms of heroin were found aboard an offshore supply vessel Commander Tide during a raid that happened on June 2 off th
Although the diplomatic crisis in Qatar would have little impact on the wider oil market, the situation could disrupt Qatari crude and refined product exports. The crisis has upended shipping markets as tightened port restrictions are expected to cause logistical complications, according to Ocean Fr
Classification society DNV GL has awarded Japan’s Kawasaki Heavy Industries an Approval in Principle for their newly developed non-spherical (MOSS) tank. The new tank is a IMO Independent Type B LNG tank that has been developed for use in 180,000-cbm LNG carriers designed to pass through the new Pan
In order to avoid incidents in the towage sector, further development and implementation of good practice guidelines and competence standards for port, coastal and ship-assist operations is needed. The National Workboat Association (NWA) said that operators must be proactive in supporting the introd
Singapore-based gas shipping giant BW said its FSRU BW Singapore has been relocated to the port in Sumed, Egypt to continue its contract with the Egyptian Natural Gas Holding Company (EGAS).
Kenya has become the 13th signatory to the Jeddah Amendment to the Djibouti Code of Conduct, the regional maritime piracy agreement, according to the International Maritime Organization (IMO). Developed and adopted by countries in the Western Indian Ocean and Gulf of Aden, the Djibouti Code of Condu
Independent oil and gas exploration company African Petroleum (AP) has extended a binding exclusivity agreement regarding the farm out of its operated interest in licenses offshore Senegal and The Gambia. In mid-April, AP signed non-binding heads of terms and a binding exclusivity agreement with wha
