Malaysian energy giant Petronas reported a RM10.3 billion ($2.4 billion) profit for the first quarter 2017, boasting over 100 percent rise over the corresponding period in 2016.
UK-based energy giant and LNG player BP said its Trinidad and Tobago unit has made two gas discoveries with the Savannah and Macadamia exploration wells unlocking approximately 2 trillion cubic feet (tcf) of gas.
The United States Department of Energy has authorized Delfin LNG to export up to 1.8 billion cubic feet of natural gas per day from the proposed floating LNG terminal offshore Louisiana in the Gulf of Mexico.
Classification society DNV GL and South Korean shipbuilder Samsung Heavy Industries signed a joint development project agreement focused on the development of new liquefied natural gas (LNG) carrier designs. The project aims to develop two 30K LNG carrier designs, one with membrane type LNG tanks an
Rosneft and BP on Friday signed an agreement on strategic cooperation in gas and a Memorandum of Understanding (MoU) in respect to the sale and purchase of natural gas in Europe. During the XXI St. Petersburg International Economic Forum, the two companies agreed to develop integrated cooperation in
The Paris Memorandum of Understanding (MoU) revealed plans to jointly undertake a concentrated inspection campaign (CIC) with the Tokyo MoU, ICS Class informed. The CIC will focus on navigation safety, including electronic chart display information systems (ECDIS). As disclosed, the Black Sea MoU wi
KNOT Offshore Partners LP has expanded its fleet with the Vigdis Knutsen shuttle tanker. Namely the company said Friday it completed its acquisition of the ownership interests in the company that owns and operates the shuttle tanker Vigdis Knutsen. The Vigdis Knutsen is an 156,559-deadweight ton shu
Italian energy company Eni has hired Saipem for an offshore drilling campaign in Mozambique, using the drillship Saipem 12000. The award comes as part of Eni’s sanction of the giant Coral FLNG project development, announced on Thursday. The contract is of 15 months’ duration starting mid-2019. It in
Italian energy giant and LNG player Eni has sanctioned the development of the Coral South FLNG project offshore Mozambique.
Houston-based LNG player Cheniere has filed an application for a certificate of public convenience and necessity with the Federal Energy Regulatory Commission for its 200-mile 36-inch interstate natural gas pipeline project.
Don’t forget to create exposure around your OEEC participation. Your participation isn’t only about those conference and exhibition days in October during Offshore Energy; the lead up to the event is just as important. Creating a buzz around a network drink you may be holding or a new product you wi
Two Japanese companies, Mitsui and Itochu Corporation have shown interest in the Baltic LNG project Gazprom intends to develop near the seaport of Ust-Luga.
Allseas has shared a drone photo of the Pioneering Spirit – the crown jewel of its fleet – passing Bosphorus on its way to the Black Sea. The world’s largest pipelay and construction vessel left Rotterdam two weeks ago, embarking on a trip to the Black Sea, where it will be installing the TurkStream
Russia’s Novatek, the developer of the giant Yamal LNG project, said Thursday it has signed a deal to set up a center for the construction of large-scale offshore structures in Belokamenka, Murmansk region. Russia’s largest non-state natural gas producer signed a memorandum of understanding with the
