DEME Orders LNG-powered Dredgers from Royal IHC

Royal IHC has been awarded a contract for the design, construction and delivery of two unique low-emission dredging vessels to DEME in Belgium, the builder announced today.

Technip Wins PMC Contract for Basra Refinery Upgrade

  Technip, in partnership with UNICO, a Japanese engineering consultant, was awarded a Project Management Consultancy (PMC) contract on a reimbursable basis, for the upgrading of the Basra refinery.

Floating LNG Regasification is Used in Smaller Markets

 According to the latest research from the US Energy Information Administration (EIA), floating LNG (FLNG) regasification is being used to meet rising natural gas demand in smaller markets.

Sonatrach Demanding Service Discounts

Algeria's state energy company Sonatrach has demanded its service providers cut their prices by up to 15 percent as the OPEC member country tries to ward off the impact of falling oil prices,

Drydocks World Wins Dubai Chamber CSR Label

  Drydocks World group the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors has received the Dubai Chamber Corporate

Petronet LNG Performace Update

  Petronet LNG Ltd presented a robust picture of their performance for the current year. During the year ended March 31, 2015,  the Dahej terminal of processed

Yara Reports Strong 1Q Results

  Yara International ASA delivered strong first-quarter results, with higher deliveries and improved margins reflecting lower gas costs and a stronger US dollar.

Tullow Says "TEN" Oil Project "Can Move Ahead" After Court Ruling

British company Tullow said on Saturday its offshore oil and gas project TEN "can move ahead" after an international maritime tribunal ruled in a border dispute between Ghana and Ivory Coast.

PDVSA's Oil Revenue Slips 7.6 pct in 2014

  Venezuelan oil company PDVSA's revenue from oil and fuel sales dropped by roughly 7.6 percent in 2014 from the previous year, hurt by a fall in crude prices, the state company reported on Saturday.

Ghana Can Continue Production in Ivory Coast Oil Dispute

  An international maritime tribunal on Saturday ruled that Ghana can continue developing a $4.9 billion dollar offshore oil project in an area caught up in a

Skangass Celebrates Topping Up

 Nordic liquefied natural gas operator Skangass  has celebrated a topping out ceremony at its Pori LNG terminal. The company said it was making progress in the

H-Energy to Build Floating LNG Terminal in West Bengal and Canada

 Business Standard reported that real estate developer Hiranandani Group plans to set up a INR 2,400 crore floating LNG import terminal off Haldia, West Bengal

VT Halter Powers Ahead

If you drive just south of I-10 in Pascagoula, Miss., within 10 minutes you find yourself on the doorstep of VT Halter Marine, arguably one of the more diverse and active shipyards in the U.

OSV Technology: Notable Designs & Deliveries

Though the market for Offshore Support Vessels (OSVs) is soft, advances in technology, fit and finish in  the sector is unrivaled in any other maritime niche over the past five years.

Global LNG Prices Steady as Asian Demand Muted

Asian spot liquefied natural gas (LNG) prices for June delivery were unchanged on Friday as traders said demand remained weak.   The price of Asian spot cargoes held steady at $7.

EU Sees Progress Towards UN Climate Deal

EU sees China, Canada, S.Arabia making climate plans by June; India, Brazil, Indonesia to miss EU's target deadline. The European Union expects that countries

Meridian Project Getting Hoegh FSRU, Vessels

Norwegian natural gas shipping firm Hoegh LNG plans to deliver a floating storage and regasification unit (FSRU) to Meridian LNG's planned British import terminal,

Magnolia Tolling Agreement Update with Meridian LNG

  The Directors of Liquefied Natural Gas Limited infomed that its 100% owned project company, Magnolia LNG, LLC (Magnolia), has been notified by Meridian LNG Holdings Corp.

Gazprom, YPF Sign MoU

  Alexey Miller, Chairman of the Gazprom Management Committee and Miguel Galuccio, Chief Executive Officer of Argentine National Petroleum Company YPF signed a

E.ON Agrees to Buy LNG from Meridian

E.ON Global Commodities has agreed to buy up to two million tonnes of regasified liquefied natural gas (LNG) a year from Meridian LNG Holdings Corp, it said on Thursday.

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