-
US Patent Approval for Wave Energy
AW-Energy Oy, a Finnish wave energy technology developer, received an “approval” for AW-Energy’s patent application from the United States Patent and Trademark Office (USPTO).The patent [PCT/050485] provides AW-Energy with broad IP protection of its latest generation WaveRoller device…
-
Woodside Begins Greater Enfield Project
Australian energy giant Woodside has announced in a press release that it will produce first oil from its Greater Enfield project located offshore Australia this month."We expect first oil from the Greater Enfield reservoirs in August 2019. The delivery of the Greater Enfield Project…
-
US Drillers Add Oil Rigs
U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks despite plans by most producers to cut spending on new drilling this year.Companies added six oil rigs in the week to Aug. 16, the biggest increase since April, bringing the total count to 770…
-
Offshore Wind: Regulatory “Takes” – Take a Close Look
On April 30 the National Oceanic and Atmospheric Administration (NOAA) published a notice, requesting public comments, on a proposed “incidental harassment authorization” (IHA). An IHA is a legal and enforceable document presenting the terms and conditions with which a company must adhere in order to protect wildlife.
-
HMD Builds 2 Methanol-Fueled Tankers
Two new dual-fueled tankers capable of operation using clean-burning Methanol, Mari Couva and Mari Kokako were named at the Hyundai Mipo Dockyard (HMD) by owners Marinvest and Waterfront Shipping.The Methanol Institute has welcomed the launch of the 49,000dwt product tankers.“The…
-
Massive TP's Shipped for Taiwan Windfarm
Jumbo reports completion of a shipment of the "heaviest, tallest and the largest diameter "Transition Pieces (TP’s) it has…
-
Offshore Wind Cable Market to Reach $3B
The global offshore wind cable market is estimated to grow at CAGR above 16% over the forecast time frame 2019 to 2026 and…
-
China Fixes First U.S. Crude Cargo Since Latest Tariff Threat
Chinese oil trader Unipec chartered a supertanker to ship U.S. crude to China in September, trading sources said, the first such cargo since U.S.
Latest news
-
GoM Lease Fetches $159mln in High Bids
Gulf of Mexico (GoM) Lease Sale 253 in New Orleans generated over $159 million in high bids for 151 tracts covering 835,000…
-
Oil Price Controls Subsea Market growth
The subsea market in 2019 will experience year-on-year growth for the first time since 2014. But the positive outlook is…
-
Chart Gets Order for Calcasieu Pass LNG
U.S. LNG equipment maker Chart Industries has received full notice to proceed (FNTP) regarding its production of cold boxes…
-
L&T Consortium Wins Saudi Aramco Deal
Indian multinational conglomerate Larsen & Toubro Limited (L&T) announced that a consortium of its arm L&T Hydrocarbon Engineering Limited (LTHE)…
-
China Develops 10MW Offshore Wind Turbine
China’s Dongfang Electric Corp. (DEC) has unveiled what it claims will be the country’s first 10MW offshore wind turbine…
-
Santos Profit Soars
Australia's No.2 independent gas producer Santos Ltd on Thursday posted a 89% jump in half-year profit, boosted by its acquisition of Quadrant Energy
-
Trinton Knoll Selects Seacat for OESV
Offshore energy support vessel (OESV) operator Seacat Services signed a deal to support the construction phase of Triton…
-
African LNG to Attract $103Bln in 2019
With greenfield investments in Nigeria, Egypt, Mozambique and elsewhere reaching nearly $103 billion this year, it is clear…
-
Gulf Marine CEO Quits in wake of Profit Warning
Gulf Marine Services said on Wednesday Chief Executive Officer Duncan Anderson has resigned as the oilfield industry contractor…
-
Brent Oil Prices Rise Above $60
Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in U.S.
-
Wood Sells Nuclear Unit for $305 Million
British oilfield services provider Wood Plc said on Tuesday it would sell its nuclear energy business for about $305 million to Jacob Engineering…
-
Voyager Targets Bulk Shipping for SaaS Solution
Voyager, a company offering a solution to the bulk commodity shipping market to operate in a unified and digital environment…
Offshore Oil & Gas
-
Empyrean Energy to Spud Well in Indonesia
Australia's Empyrean Energy provided an operational update in relation to the upcoming drilling campaign in the Duyung PSC in the West Natuna basin…
-
Castle Wind signs MoU for 1GW California OWP
Monterey Bay Community Power (MBCP) and Floating wind power developer Castle Wind, a joint venture between Trident Winds and EnBW North America…
-
EOG Bags Offshore Ireland Licence
United Kingdom-based exploration and production company Europa Oil & Gas (EOG) has been awarded a 15-year frontier exploration…
Shale Oil & Gas
-
Trafigura Started Crude Shipments via U.S. Pipeline Cactus II
Global commodities trader Trafigura has started shipments of Permian basin crude to the Corpus Christi oil hub in Texas via…
-
U.S. Crude Stockpiles Unexpectedly Rise - EIA
U.S. crude stocks rose last week, while gasoline and distillate inventories also rose, the Energy Information Administration…
-
Permian Basin is Booming!
The increased output from the Permian Basin, located in West Texas and Southeastern New Mexico, has been the biggest contributor…
LNG
-
W African Firm Builds LNG Import Capacity
Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa…
-
Oil Search on Tenterhooks over Total's PNG Gas Deal
Oil Search warned on Tuesday that costs for a $13 billion plan to double gas exports from Papua New Guinea could rise if…
-
Cameron LNG Begins Commercial Service
North American energy infrastructure company Sempra Energy said that the first train of the Cameron liquefied natural gas…
Renewables
-
Equinor,YPF Pact on Argentina Wind Power
Norwegian multinational energy company Equinor ASA and Argentine power producer YPF Luz have joined for the development of…
-
MOL to Develop Zero Emission Alt Fuel
Japanese shipping group Mitsui O.S.K. Lines (MOL) announced that it has joined the Carbon Capture & Reuse (CCR) Study Group…
-
Digitalization Boosts Renewable Sector
Renewable energy investors and developers are increasingly turning to digital technology to build effective investment strategies…
Technology
-
DNV GL Looks for Partners in LIDAR JIP
The international accredited registrar and classification society DNV GL calls on industry stakeholders to jointly develop…
-
MAN Mulls Liquid Hydrogen Storage
German-based power generator MAN Energy Solutions is joining a partnership aimed at expanding hydrogen storage systems based…
-
Pronto Reduces Bunker Delays
The number of Maersk vessels experiencing delay at APM Terminals at Maasvlakte II as a consequence of bunker activities reduced…
Legislation
-
Chinese Ship Returns to Vietnam's EEZ
A Chinese survey ship returned to Vietnam's exclusive economic zone off its coast on Tuesday, ship tracking data showed,…
-
KY Gasline Erupts in Flames, One Dead
A natural gas line erupted in a ball of flames that could be seen for miles over a residential community in rural Kentucky on Thursday…
-
Oil slumps 7% as More Tariffs Loom
Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after…
