Imports at US major retail container ports should continue to increase throughout the spring and summer, according to the new monthly Global Port Tracker report published by the National Retail Federation and Hackett Associates. The rise is attributed to the improvement of the nation’s economy. “Our
The average price of spot LNG for delivery into Japan that was contracted in March 2017 was at US$6.2 per mmBtu, dropping to the lowest level in five months.
Norwegian oil and gas safety body, the Petroleum Safety Authority (PSA), has found two non-conformities and two improvement points during a late life safety probe of Statoil’s Statfjord platforms. Statfjord lies close to the boundary line between the Norwegian and UK continental shelves in the Tampe
US Wind sent a letter to the Ocean City Council on 7 April, offering to discuss the potential relocation of its proposed Maryland offshore wind project further eastward to address the Council’s desire to lessen the visibility of the project.
By Ron Bousso, Dmitry Zhdannikov and Rania El Gamal LONDON/DUBAI (Reuters) – Saudi Arabia and international oil companies have discussed gas venture opportunities inside the kingdom and abroad as part of the top crude-exporting country’s drive to diversify investments before the listing of national
Greenpeace activists have thrown themselves into the sea in front of the Amazon Warrior seismic vessel off the New Zealand coast. The swimmers’ position has forced the oil exploration ship to halt its operations and deviate off course. To find oil, the Amazon Warrior is using seismic cannons to blas
DONG Energy has chosen the Aberdeen-based Gulf Marine Services UK to provide offshore accommodation for workers on the 1.2GW Hornsea Project One offshore wind farm.
Australian LNG operator and stakeholder, Santos said it has reduced its net debt while also extending a loan facility. Santos has last year announced a new strategy and revealed a plan in December that involves selling off its non-core assets as it is aiming to cut net debt by $1.5 billion within th
Independent Oil and Gas has signed a sale and purchase agreement (SPA) regarding the acquisition of the recently decommissioned Thames gas pipeline in the Southern North Sea (SNS). To remind, the company recently extended the memorandum of understanding signed in January to facilitate the signing of
Novatek, the developer of the giant Yamal LNG project in Russia, reported on Monday a decline of 8.8% in its gas production in the first quarter of this year. Russia’s second-biggest natural gas producer said in its preliminary report that it produced 15.7 billion cubic meters (bcm) in the first qua
India’s gas utility GAIL will charter carriers on short-term contracts to transport liquefied natural gas from the United States to India.
Late last year, a new marine seismic player emerged in Norway. Named Shearwater GeoServices, the geophysical company was created through a 5050 joint venture between two Norwegian companies, the shipping company GC Rieber and the investment company Rasmussengruppen. As part of the deal, Shearwater t
By Geert van der Zalm, Marketing Manager at Bosch Rexroth It was the biggest assignment Bosch Rexroth from Boxtel had ever faced, and it took more than two years to carry it out. The opportunity to research and supply the hydraulic components and associated local controls for the innovative lifting
The first wind turbine blades for the 40MW Tahkoluoto offshore wind farm in Finland arrived to Mäntyluoto port in Pori.