South Korea’s Kogas reportedly issued a tender looking to buy cargoes of liquefied natural gas (LNG) for delivery in June and July.
Natural gas spot prices in the United States were mixed in the week ending April 19 with the Henry Hub price rising 13¢ from last Wednesday. According to the weekly report by the Energy Information Administration released on Thursday, the Henry Hub spot price rose from $2.99/MMBtu last Wednesday to
Ithaca Energy, a North Sea oil and gas operator, is ready to get taken over by the Israeli oil and gas company Delek. Ithaca on Friday said that all the conditions of the previously announced cash takeover offer for the shares not already owned by Delek had been satisfied. According to Ithaca, the o
Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s Höegh LNG, raised its first quarter cash distribution to $0.43 per unit. This represents an increase of 4.24% from the fourth quarter 2016 distribution and is related to the acquisition of 51% of FSRU Höegh Grace, Höegh LNG
Shipping company Atlantic Offshore has sold and delivered one of its anchor handling, tug, and supply (AHTS) vessels to an unnamed buyer. The company said that the multi-purpose AHTS Ocean King was sold to an undisclosed German buyer and will be used in the offshore wind market. The vessel has been
Novatek, the developer of the giant Yamal LNG project in Russia, re-elected the company’s board of directors at the annual general meeting of shareholders.
Offshore wind development is doing well in the Netherlands. Coastal waters surrounding the country will see 3.450MW installed up to 2023 as defined in the Energy Agreement. Now is the time to ask: what will happen next?
There are 56 container ships of 18,000 + TEU on order slated for delivery from April, 2017 till June, 2020. The mega boxships are intended predominantly to sail on the North Europe-Far East trade dominated by carrier alliances that have been freshly reshuffled. Only this year 19 vessels of this size
GeoSea has installed the first of 66 monopiles on the 396MW Merkur offshore wind farm in the German North Sea.
Polish gas transmission operator, Gaz-System has decided to expand the country’s first liquefied natural gas (LNG) import terminal in Swinoujscie.
Malaysian offshore oilfield services provider UMW Oil and Gas has yet to complete the acquisitions of Icon Offshore and Orkim. To remind, the company in January announced it would buy Icon Offshore, a Malaysian offshore vessel owner, from HOSB, a subsidiary of Ekuinas Capita. Separately, UMW said it
UK’s offshore trade union Unite is pushing ahead with preparations for an official ballot on industrial action. Offshore members of Unite the union are in the middle of a dispute over pay and conditions with their employers, represented by the Offshore Contractors Association (OCA). Unite, along wit
HOUSTON (Reuters) – Exxon Mobil Corp <XOM.N> on Wednesday declined to comment on a media report that it is seeking permission from the U.S. government to drill in several areas of the Black Sea banned by U.S. sanctions on Russia. The Wall Street Journal reported that Exxon had in recent months appli
South Korea, the world’s second-largest buyer of LNG, boosted its imports of the chilled fuel by 3 percent in March year-on-year. The country imported 3.53 million mt of LNG in March, as compared to 3.43 million mt in the corresponding month the year before, according to the customs data. South Kore
