Russian giant Gazprom signed a memorandum of understanding aiming to promote cooperation with the French utility and LNG player Engie.
Oil behemoth ExxonMobil will not get a permission from the U.S. to drill in the Russian part of the Black Sea. To remind, some parts of Russia have been off limits for the U.S. oil companies due to the economic sanctions against Russia. Last week, media reported that Exxon was seeking a waiver which
Shell and four European companies – Engie, OMV, Uniper and Wintershall – have signed financing agreements with Nord Stream 2 AG, the company responsible for the planning, construction and future operation of the Nord Stream 2 pipeline. The 1,220-kilometer pipeline will be able to transport a total c
Nigeria LNG, the operator of the giant Bonny export plant, reported a 31% drop in its revenue in 2016 due to low oil and gas prices. Low crude prices, that fell more than halved from 2014, hit NLNG’s revenue as most of the company’s contracts are indexed to oil. NLNG earned $4.72 billion in 2016 [&h
Oil major BP has hired Fluor for the front-end engineering and design (FEED) for the Cassia compression project off the east coast of Trinidad and Tobago. Fluor said its scope included the design of a new offshore gas compression platform, new connecting bridge and modifications to the existing Cass
Car carrier City of Amsterdam and containership Conmar Bay collided in the Kiel Canal in the morning hours of April 22, according to a statement issued by German police. The wind pushed the 800 CEU pure car carrier (PCC) to the opposite site of the crossing path where it collided with the 13,000 dwt
After months of talks, U.S. oil major Chevron has made an agreement to sell its assets in Bangladesh. To remind, Chevron in October last year confirmed to Offshore Energy Today it had been in commercial discussions about its interest in Bangladesh. At the time, the company’s spokesperson told Offsho
Baltic countries have joined forces in establishing a Baltic Sea region LNG cluster and a Competence Centre in Vilnius, aiming to enhance international cooperation in the field of liquefied natural gas (LNG).
Gaz Métro said its unit Gaz Métro LNG completed the expansion project tripling the capacity of its Montréal natural gas liquefaction plant.
U.S. President Donald Trump is set to sign a batch of executive orders by Friday, two of them focused on potentially opening more areas in the U.S. for offshore oil and gas exploration. This is according to Politico, which cited sources familiar with the U.S. administration’s plans. In an article on
Liquefied natural gas (LNG) use by Japan’s power companies rose almost 14 percent in January when compared to the previous month. The power companies consumed 5.49 million mt of LNG in January, as compared to 4.83 million mt in December, the preliminary data from the Ministry of Economy, Trade and I
The Barbaros Hayreddin Pasha seismic vessel has started Eastern Mediterranean survey in line with the government’s ‘National Energy and Mining Policy’. According to Turkish Anadolu Agency, the survey has started on April 21, and is planned to last until May 31, 2017. The Barbaros Hayreddin Paşa is o
Japan’s liquefied natural gas (LNG) imports were flat in March from the same month a year ago, but they remained above 8 million mt. Japan imported 8.14 million mt of LNG in March, just 0.1 percent down as compared to the year before, according to the provisional data released by Japan’s Ministry of
A2SEA’s jack-up vessel Sea Installer has arrived in Hull to load the first turbine components and install them on DONG Energy’s 580MW Race Bank offshore wind farm.
