Genesis Oil & Gas consultants has been awarded an upstream concept select study by BG Group, as operator of Blocks 1, 3, and 4, offshore Tanzania. Genesis' scope of work includes considering the upstream facilities required to develop large discoveries made in the three blocks…
BP and the China National Offshore Oil Corp. (CNOOC) signed a heads of agreement regarding the supply of up to 1.5MTPA of liquefied natural gas (LNG) over 20 years starting in 2019, the supermajor announced on 17 June 2014. The agreement…
Royal Dutch Shell is selling a major portion of its stake in Australia's Woodside Petroleum Ltd., raising AU$5.7billion. Shell is selling 9.5% back to Woodside, and another 9.5% to institutional investors, at a small discount to the closing share price on 16 June 2014…
Houston’s Wison Offshore and Marine presented two concepts to the Pandora LNG joint venture partners for development of the Pandora gas field offshore Papua New Guinea, Cott Oil and Gas (40% interest) announced on 2 June 2014. Wison was…
Singapore-based marine and offshore engineering firm Sembcorp Marine has agreed entered to buy a 12% stake in Norwegian firm GraviFloat for US$4 million, with a right to increase its stake up to 20%. GraviFloat was formed to design, deliver and operate re-deployable…
LNG America announces the selection of the American Bureau of Shipping (ABS) as the classification society for North America’s first LNG bunker barges, currently being designed by Jensen Maritime. ABS will assist LNG America in working…
The first shipment from the PNG LNG project has left Papua New Guinea carrying a cargo bound for Japan for Tokyo Electric Power Co. Inc. “This announcement is a historic moment for Papua New Guinea (PNG),” ExxonMobil PNG Limited Managing Director Peter Graham said…
OAO Yamal LNG closed on a contract to supply China National Petroleum Corporation (CNPC) 3mtpa LNG annually for 20 years from the Yamal LNG project in the Russian Arctic, according to Yamal LNG majority shareholder OAO Novatek. CNPC bought…
Bids from Russia’s Gazprom and China’s China National Offshore Oil Corporation (CNOOC) have been included in the latest licensing round offshore Tanzania. The 4th Deep Offshore and North Lake Tanganyika Licensing Round closed on May 15…
Woodside Energy has axed its plans to purchase a sizeable stake in Israel’s Leviathan gas project, terminating its February memorandum of understanding (MOU) with the joint venture participants, the Australian company announced 20 May. This…
JSC Yamal LNG awarded Technip a major engineering, procurement and construction for the 16 mtpa-capacity Yamal LNG project in Russia, the French company announced 15 May 2014. Technip said it has been involved in planning, engineering and…
INPEX and Shell are investing in a project to construct a subsea optical fiber cable system incorporating the Ichthys and Prelude projects in Australia's Browse basin. The subsea fiber optic cable system, to be provided and operated by Nextgen Group…
Kongsberg Maritime provides this video on how its maritime solutions enable staff to control the GDF Suez Neptune LNG carrier. The DNV-classed Neptune, managed by Höegh LNG Fleet Management AS, was built by Samsung Heavy Industries and delivered to GDF Suez 3Q 2009…
Höegh LNG Holdings Ltd. has signed a letter of intent (LOI) with Egyptian Natural Gas Holding Co. (Egas) for the use of one of Höegh's floating storage and regasification units (FSRUs) – currently under construction at Hyundai Heavy Industries…
ABS has been awarded the classification contract from Petronas for the company's second floating LNG facility (PFLNG 2). The vessel will be built at the Samsung Heavy Industries yard in Geoje, Korea. ABS has a history working with floating gas concepts…