The Australian government has raised its forecast for LNG exports for fiscal 2016-2017 to 53.1 million mt, according to the latest quarterly report by the Department of Industry, Innovation and Science. In its previous report named Resources and Energy Quarterly, the department said that Australia’s
BP Trinidad and Tobago has announced the start-up of the Trinidad Onshore Compression (TROC) project – one of seven upstream projects the British oil giant plans to bring online in 2017. Full start-up will take place over the next few months. When fully on stream, the onshore compression facility wi
Spot LNG prices in Asia have been pushed down to US$5.40 per mmBtu over the week as the demand for May cargoes declined.
Singapore’s debt-laden offshore vessel owner Swissco is set to sell its anchor handling vessel the Coral Knight. The company, currently managed by Interim Judicial Managers, said on Thursday it had agreed to sell the vessel to Australian Maritime Systems Asset holdings. The vessel, built in 2014, is
Houston-based LNG engineer KBR has signed a deal with Chevron to provide services for the energy giant in multiple global locations. Under the ten-year master contract, KBR’s engineering offices in various global locations could provide Chevron with engineering and procurement services across all ph
London-based independent oil & gas company Chrysaor Holdings has secured a $1.5 billion loan facility, which will be used to finance the previously announced deal to buy a package of Shell’s UK North Sea assets for a price of $3 billion. Chrysaor said on Thursday it has completed the syndication of
In today’s spotted, we bring you an image of Xin Guang Hua, a semi-submersible heavy transport vessel owned by China’s Cosco Shipping, which arrived at the Port of Rotterdam on April 13 with Western Isles FPSO newbuilding on board. Xin Guang Hua was built by Guangzhou Shipyard International (GSI) in
Lebanese government has extended a deadline to announce the results of the country’s second pre-qualification round related to its first offshore licensing round, which was re-launched earlier this year. According to a Wednesday announcement by the Lebanese Petroleum Administration (LPA), a regulato
LNG throughput volumes at the Dutch Gate terminal rose 65.6 percent in the first quarter of this year as compared to the same period a year ago, according to the data released by the Port of Rotterdam on Thursday. Total LNG throughput reached 234,000 mt in the first quarter, as compared to 142,000 m
Singapore LNG Corporation and the Maritime and Port Authority of Singapore launched the LNG truck loading facility at the SLNG terminal on Jurong island.
Today, 13 April, the U.S. Bureau of Ocean Energy Management (BOEM) will join the State of California in sharing information on current planning activities for possible wind development off the state’s coast during a public meeting in San Luis Obispo.
Today, 13 April, the U.S. Bureau of Ocean Energy Management (BOEM) will join the State of California in sharing information on current planning activities for possible wind development off the state’s coast during a public meeting in San Luis Obispo.
Oil production from the U.S. Gulf of Mexico broke an annual record in 2016, and it set to continue to rise in the upcoming two years as new projects go online. According to the U.S. Energy Information Administration the GOM production in 2016 set annual high of 1.6 million barrels per day (b/d), sur
Natural gas operating fleet concept jointly developed by Wärtsilä and COSCO shipping Heavy Industry received Lloyd’s Register’s approval in principle (AIP).
