The Australian government launched the 2017 Offshore Petroleum Exploration Acreage Release making 28 new oil and gas areas available for bidding. The areas sit across eight basins in Commonwealth waters off the Northern Territory, Tasmania, Victoria and Western Australia coasts, and in the Territory
The Oil & Gas Technology Centre’s Technology Zone at SPE Offshore Europe 2017 exhibition and conference will present a series of technologies used in alternative sectors which, in turn, could encourage the oil and gas industry to adopt new products. The Centre said on Wednesday that technologies suc
After EnBW recently reached the final investment decision for the 112MW Albatros offshore wind farm and awarded the Tier 1 supply contracts, VBMS – in charge of inter-array cabling – informed that part of the scope is to interconnect Albatros and EnBW Hohe See.
Following the ruling of the Inner House of the Court of Session, Mainstream Renewable Power plans to speed up the development of its Neart Na Gaoithe offshore wind farm to bring the project to the construction phase, planned to start in 2019.
Following the ruling of the Inner House of the Court of Session, Mainstream Renewable Power plans to speed up the development of its Neart Na Gaoithe offshore wind farm to bring the project to the construction phase, planned to start in 2019.
Canadian LNG project developer Pieridae Energy has agreed to acquire Pétrolia in a reverse takeover, creating a new publicly traded company Pieridae Energy Limited, to be known as Amalco.
OPEC’s net oil exports revenues in 2016 fell to $433 billion, or some 15 percent from $509 million in 2015. This is according to a report by the U.S. Energy Information Administration. EIA said the reason for the decline was mainly due to the fall in average annual crude oil prices during 2016, and
The Baltic Dry Index (BDI) fell to 994 points on Monday, May 15, down by 20 points, tumbling again below the 1,000 threshold. The index broke the 1,000 mark in March this year driven by an increase in rates across the sector and managed to stay above the line for over two months. However, the market
The Oil and Gas Climate Initiative (OGCI), the ten-company oil and gas industry initiative whose members represent more than 20% of the world’s oil and gas production, has appointed Dr. Pratima Rangarajan as the chief executive officer of its newly-formed investment company, OGCI Climate Investments
Danish shipping company, Evergas, said it has taken delivery of all eight of LNG-fueled “Dragon” class vessels.
Image Courtesy: HHM/Dietmar Hasenpusch The Port of Hamburg’s Container Terminal Burchardkai (CTB) welcomed on May 15 MOL Triumph, the first vessel with a loading capacity of over 20,000 TEU to visit this port. Delivered to Japanese shipping company Mitsui O.S.K. Lines (MOL) in March this year, the 2
Spain’s imports of liquefied natural gas (LNG) dropped 14 percent in April as compared to the same month in the year before. LNG imports reached 10.38 terawatt hours (TWh) in April, as compared to 12.07 TWh the year before, according to the data provided by the Spanish LNG terminal operator, Enagás.
Houston-based LNG player Cheniere upsized the senior secured notes offering by its Cheniere Corpus Christi Unit.
Shell has hired Oceaneering for the provision of services and products in support of the design, fabrication and installation of ancillary flowline hardware for the Appomattox development in the U.S. Gulf of Mexico. The scope of work for ancillary flowline hardware will include the procurement and i
