Novatek, Russia's No.2 gas producer, will stick to plans to raise financing for its Yamal LNG project by the end of the year, Chief Executive Leonid Mikhelson was quoted as saying by Russian news agencies on Thursday.Russian banking sources…
The concept of using wind power for offshore oil and gas applications is one step closer to realisation. WIN WIN, a DNV GL-led joint industry project (JIP), is running with the following seven participants: ExxonMobil, ENI Norge, Nexen Petroleum UK Ltd…
The Bahrain National Oil and Gas Authority (NOGA) will award a $400 million Liquefied Natural Gas (LNG) terminal contract next month, Energy Minister Abdulhussain Mirza told local media this week. The LNG terminal will be constructed near Khalifa Bin Salman Port…
For shipping companies operating in emission control areas (ECAs), liquefied natural gas (LNG) represents an attractive bunkering alternative. 'The lower cost of LNG bunker fuel than other variants of ECA-compliant fuels in Europe and…
DNV GL has secured a contract to provide in-service verification and classification services to a range of facilities at the Ichthys LNG project in Australia. The contract marks INPEX’s commitment to continue working with DNV GL as it prepares…
GAC is strengthening its strategic focus on the Asian Pacific energy sector with the appointment of Lailah Soon as Regional Business Development Manager, Oil & Gas.Soon has more than a decade of experience in the oil & gas logistics sector in Singapore…
In Singapore, senior executives from Italy's La Spezia Container Terminal - Contship Italia Group will kick off a tour of key cargo hubs across south east and east Asia today to raise awareness and promote the benefits of La Spezia Homeport…
Consilium opens an office in Stavanger to push its fire alarms for the offshore industry. Thought the Norwegian offshore industry is down, premised on the continued low pricing for oil globally, it certainly is not out, and inevitably it will come back…
Under a contract with Rosneft to create a microbial medication for northern seas signed in 2014, scientists of Moscow State University’s biological faculty have identified about 100 microorganisms able to decompose oil and petroleum products at low temperatures including below zero ones…
U.S. President Barack Obama and South Korean President Park Geun-hye said on Friday the door remained open to negotiations with North Korea that could bring relief from sanctions, but Pyongyang needed to show it was serious about abandoning its nuclear weapons program…
On Wednesday, 14 October 2015 the research icebreaker Polarstern from the Alfred-Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI), entered its homeport in Bremerhaven. Since mid-May, over 200 biologists, physicists…
Corvus Energy, a supplier of Type-Approved energy storage systems (ESS) for the commercial maritime industry is proud to announce the opening of Corvus Norway AS.Corvus Norway AS is at the forefront of a new trend in the marine industry…
Domestic glut prompts Lithuania government to consider selling-off surplus gas supplies, reports Reuters. Lithuanian LNG importer Litgas could be about to start re-exporting LNG bought. Lithuania opened an LNG import terminal in 2014 and…
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading integrated heavy industries company, announced today it teams up with its shipbuilding affiliates, Hyundai Mipo Dockyard (HMD) and Hyundai Samho Heavy Industries (HSHI)…
Singapore’s September bunker fuel sales fell 10.3% in September on month but rose 9.3% on year to 3.85 million mt. The port of Singapore has recorded a fall in container throughput in September. These finding are based upon the data released…