Energy Needs News

28 Feb 2019

Global LNG Demand to Rise by 35mt in 2019

Pic: Shell Global

Global liquefied natural gas (LNG) supply is set to rise by 35 million tons (mt) in 2019, Trend reports with reference to forecasts of Royal Dutch Shell. Acording to Shell’s latest annual LNG Outlook, Europe and Asia are expected to absorb all this additional supply.Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 million tons to 319 million tons, according to Shell’s latest annual LNG Outlook. Shell expects demand to reach about 384 million tons in 2020.

10 Jan 2019

Shell Acquires 26% Stake in Hazira LNG

File Image: Hazira LNG and Port

Royal Dutch Shell announced that it has completed the acquisition of French oil major Total SA's 26 percent stake in the company that operates 5 million tonnes per annum-Hazira LNG terminal in Gujarat, India."Shell Gas, a subsidiary of Royal Dutch Shell plc, acquired 26% equity interest in the Hazira LNG and  Port Ventures from French energy major Total Gaz Electricité Holdings, to complete the acquisition," said a press statement.The move allows Shell to build an integrated gas value chain: supply from its global LNG portfolio…

09 Jan 2019

Deutsche Bucht Completes Offshore Wind Foundations

Image: Deutsche Bucht wind farm

Northland Deutsche Bucht has completed the installation of all 31 foundations for its offshore wind farm project in the North Sea.The  Canadian power producer of Northland Power's third offshore wind farm which is  about 95 kilometres to the northwet of the North Sea island of Borkum in Germany’s Exclusive Economic Zone (EEZ), pointed out that this successfully concludes the first phase of construction within the planned timeframe.Jens Poulsen, Project Director of Northland Deutsche Bucht GmbH…

13 Dec 2018

Seaway Offshore Cables Wins US Job

Image: Seaway Offshore Cables

Subsea 7 associate Seaway Offshore Cables has won a contract to supply and install array cables for the 12-megawatt Coastal Virginia Offshore Wind (CVOW) projects in the U.S."SOC in combination with Subsea 7, has been awarded its first US offshore wind project by Ørsted Wind Power North America who are constructing the project for Dominion Energy. This turnkey cable supply and cable installation contract for CVOW Project marks the continued success of a global renewables strategy for Subsea 7 in the U.S.…

09 Nov 2018

Second Turkish Drill Ship Will Operate in Black Sea

Fatih Donmez (Photo: Turkey's Ministry of Energy and Natural Resources)

Turkey has completed the purchase of its second drilling ship, which will operate in the Black Sea at the north of the country, Energy Minister Fatih Donmez said on Friday.Turkey is almost completely reliant on imports to meet its energy needs.

22 Oct 2018

Saudi Aramco to Invest in China

In the presence of senior Vice President of Downstream Abdulaziz al Judaimi and Governor Yuan Jiajun ( R5), Vice President of International Operations Said Hadrami and Vice Givernor Zhu Congjiu signed the memorandum of understanding between Saudi Aramco and People’s Government of Zhejiang to acquire a share of Zhejiang Petrochemical’s new refinery project on the International Petroleum and Natural Gas Enterprises Conference (IPEC) 2018 in Zhoushan, east China’s Zhejiang province. Photo:  Saudi A

Saudi Aramco recently signed an MoU with Chinese Zhejiang provincial government during the 2nd International Petroleum and Natural Gas Enterprises Conference (IPEC), to acquire a share of Zhejiang Petrochemical’s new refinery project.Abdulaziz Al Judaimi, Sr. VP Downstream, said: "We are exploring opportunities for new refining and petrochemicals facilities, making further investments in China. Saudi Aramco has recently signed a crude oil supply agreement with Zhejiang Petrochemical (Rongsheng). This increase in customer base is due to our continuous focus and attention to the Chinese market.

03 Oct 2018

Build It and They Will Buy: The New World of LNG Canada

Rendering of the LNG export facility (Image: LNG Canada)

The first major liquefied natural gas (LNG) project to be approved globally in five years will be built in Canada, but its underlying philosophy appears to be more closely allied to the Australian concept of "she'll be right, mate."The LNG Canada project was given the green light on Tuesday by Royal Dutch Shell, which is leading the $31 billion venture along with partners Petronas, Mitsubishi, PetroChina and Korea Gas.What makes the first export plant on Canada's west coast different…

10 Sep 2018

Qatargas, PetroChina Sign 22-Years LNG Supply Deal

Photo: Qatargas

Qatargas, the world’s largest LNG producer,  has announced a long-term Sale and Purchase Agreement (SPA) with PetroChina International Company Limited, a unit of PetroChina Company Limited (PetroChina), to supply China with around 3.4 million tonnes of liquefied natural gas (LNG) per annum.Under the 22-year SPA, which ends in 2040, Qatargas will supply LNG from the Qatargas 2 project, a joint venture between Qatar Petroleum, ExxonMobil and Total, to different receiving terminals across China…

06 Jul 2018

"Vladimir Rusanov" Completes First Eastern Transit

Photo: Mitsui O.S.K. Lines

Mitsui O.S.K. Lines (MOL) announced that the Ice-Breaking LNG Carrier "Vladimir Rusanov", which is jointly owned by MOL and China COSCO Shipping Corporation, has successfully arrived at the Bering Strait. The vessel carried out a LNG loading operation in the Yamal LNG plant at Sabetta port, before sailing for the Far East via the Northern Sea Route on 25 June. The vessel safely arrived at the Bering Strait on 6 July, and is planning to call Jiangsu Rudong port in China for an unloading operation of its LNG cargo.

01 May 2018

LNG Carrier Seri Camar Delivered to MISC

MISC's Fifth MOSS-Type LNG Carrier, the Seri Cemara Photo MISC

Malaysian shipping firm MISC Group has taken delivery of Seri Cemara, the final vessel in a series of five MOSS-Type liquefied natural gas (LNG) carriers built for long-term charter to Petronas.The 150,200 CBM LNG carrier has been built for MISC by South Korean shipbuilder Hyundai Heavy Industries Co., Ltd. (HHI). Upon its delivery, Seri Cemara joins her sister MOSS-Type carriers Seri Camellia, Seri Cenderawasih, Seri Cempaka and Seri Camar on long-term charter to Petronas.The…

02 Apr 2018

BSEE Inspects New Shell Appomattox Platform

Photo: BSEE

As Shell finishes construction on its Appomattox Semi-Submersible Platform hull, Bureau of Safety and Environmental Enforcement engineers and inspectors signed off on several topsides components during a pre-production inspection March 27, 2018. Royal Dutch Shell plc, 79 percent owner and its partner, Nexen Petroleum Offshore U.S. A. Inc., a wholly owned subsidiary of CNOOC ltd, will operate the platform about 80 miles off Louisiana’s coast in the Mississippi Canyon. “The Appomattox will be Shell’s largest floating platform in the Gulf of Mexico…

01 Apr 2018

Port of Seattle Goes Green

Port of Seattle Commission L to R: Commissioners Ryan Calkins, Stephanie Bowman, Commission President Courtney Gregoire, Commissioners Fred Felleman and Peter Steinbrueck. Photo: Port of Seattle

The Port of Seattle Commissioners took action to create its 2018 Energy and Sustainability Committee and identify top environmental priorities to reduce greenhouse gas emissions and further innovative collaborations to protect the air and water quality of surrounding communities. Co-chaired by Commissioners Fred Felleman and Ryan Calkins, the Committee develops policy recommendations and provides oversight of strategic conservation decisions the Port will make in 2018 and 2019. “The Port is making good on its promises to protect the environment both locally and globally.

13 Feb 2018

Crowley, Pivotal Reach Multi-Year LNG Supply Pact

Photo: Crowley

Crowley Fuels has announced that it has signed another multi-year supply contract with Pivotal LNG to support a major pharmaceutical company’s energy needs in Puerto Rico. The contract, executed through Crowley subsidiary Carib Energy (USA) LLC, calls for Crowley to transport LNG from Pivotal facilities on the mainland to the island manufacturer. With Crowley’s supply chain solution, LNG is loaded into Crowley’s 10,000-gallon international shipping organization (ISO) containers at one of Pivotal’s LNG supply sources in the southeastern U.S.

17 Jan 2018

PSA's Port Inks Solar Deal with Sunseap

Photo: PSA Singapore

PSA Corporation and Sunseap Group Pte Ltd have signed a 21-year solar power purchase agreement that will enhance the eco-friendliness of the container port and ancillary buildings in PSA’s Singapore facilities. Sunseap will construct and install a 4 Megawatt peak solar system across five sites in PSA’s Singapore terminals, including terminal buildings, gates, maintenance base and workers’ dormitories at Pasir Panjang Terminal. Under the contract, Sunseap will install and maintain…

10 Jan 2018

After Florida, more States Press US for Offshore Drilling Exemptions

© Steven Frame / Adobe Stock

Governors and other officials from several U.S. coastal states ramped up pressure on the Trump administration on Wednesday to exempt their waters from an offshore drilling plan, hours after the Interior Department granted Florida's request to opt out. The backlash could complicate President Donald Trump's efforts to expand oil and gas production offshore. A proposed leasing plan unveiled last week aims to open up all U.S. coasts to drillers over the next five years. Alaska and Maine are the only two U.S. states whose governors have expressed support for the plan.

25 Oct 2017

US Marine Sanctuary Oil Drilling Report Sent to Trump, Not Public

(Photo: David J. Ruck/NOAA)

U.S. Commerce Department Secretary Wilbur Ross sent a report to the White House on Wednesday containing recommendations on whether to change the boundaries of 11 marine sanctuaries to allow more oil and gas drilling, but the report was not made public. Commerce reviewed sanctuaries containing 425 million acres of coral reefs, marine mammal habitats and pristine beaches, as part of an administration strategy to open new areas to oil and gas drilling. The goal was to “put the energy needs of American families and businesses first,” according to the order Trump signed in April that triggered it.

29 Sep 2017

Channel Restrictions Lifted at Corpus Christi Port

Photo: Port of Corpus Christi

Post Hurricane Harvey recovery efforts continue at Port Corpus Christi following the Category 4 Hurricane’s devastating strike to the Texas Coast. The full 47-foot (MLLW) draft of the ship channel is open to vessels, and the daylight only transit restriction was removed. With extensive review of hydrographic surveys by the U.S. Army Corps of Engineers and the U.S. Coast Guard, the Corpus Christi Ship Channel daylight only transit restrictions were formally lifted by the U.S. Coast Guard on Wednesday, September 27th. Vessel traffic remains one-way on the Corpus Christi Ship Channel.

25 Sep 2017

FueLNG Completes First Commercial LNG Bunkering in Singapore

Photo: Keppel Corporation Limited.

FueLNG, a joint venture between Keppel and Shell Eastern Petroleum (Pte) Ltd (Shell), has achieved the first commercial Liquefied Natural Gas (LNG) bunker transfer in Singapore by completing truck-to-ship bunkering for the Floating Liquefaction (FLNG) vessel, Hilli Episeyo. The LNG bunker transfer, which was carried out in batches from 22 July to 23 September 2017, was conducted in accordance with the Singapore Chemical Industry Council (SCIC) Technical Reference for LNG Bunkering (TR 56), which provides a safe, efficient and sustainable technical framework for LNG bunkering operations.

25 Sep 2017

FueLNG Completes First Commercial LNG Bunkering in Singapore

FueLNG, a joint venture between Keppel and Shell Eastern Petroleum (Pte) Ltd (Shell), has achieved the first commercial Liquefied Natural Gas (LNG) bunker transfer in Singapore by completing truck-to-ship bunkering for the Floating Liquefaction (FLNG) vessel, Hilli Episeyo. The LNG bunker transfer, which was carried out in batches from July 22, to September 23, 2017, was conducted in accordance with the Singapore Chemical Industry Council (SCIC) Technical Reference for LNG Bunkering (TR 56), which provides a safe, efficient and sustainable technical framework for LNG bunkering operations. This marks the first LNG trucking operation for FueLNG…

21 Sep 2017

Marine Biofuels As Sustainable Alternative For Shipping

Participants of the roundtable share insights on the use of marine biofuels as sustainable alternative fuel for shipping. Photo: Maritime and Port Authority of Singapore

The inaugural biofuel roundtable was held in Singapore today to drive discussions on the use of biofuels as a sustainable alternative fuel for the future of shipping. Organised by the Maritime and Port Authority of Singapore (MPA), BHP and GoodFuels Marine (GoodFuels), the closed-door roundtable event brought together shipowners of different ship types to network, share insights into the use of biofuels to meet increasingly stringent environmental regulations as well as explore areas of collaboration.

03 Jul 2017

Trump to Promote US Natgas Exports in Russia's Backyard

President Trump (File photo: Gage Skidmore)

President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs. In recent years, Moscow has cut off gas shipments during pricing disputes with neighboring countries in winter months. Exports from the United States would help reduce their dependence on Russia. Trump will tell the group that Washington wants to help allies by making it as easy as possible for U.S.

20 Jun 2017

Offshore Gas Safety atop the Agenda for Martek Marine

Gas Sampling System (Photo: Martek Marine)

Maritime industry technology specialists Martek Marine say it is setting the bar high when it comes to offshore gas safety. The company has developed a first-of-its-kind gas sampling system for a new moored floating production unit, which forms part of the Jangkrik Complex gas fields development in Indonesia. The system has been developed to dramatically improve offshore crew safety through the use of advanced gas sampling technology. The worst offshore disaster in history, the Piper disaster on July 6…

09 May 2017

Cuban Refined Oil Product Exports Drop Sharply

Cuban exports of refined oil products fell about 97 percent between 2013 and 2016, according to a United Nations trade report released this week, reflecting falling supplies from its political ally Venezuela. The UN Comtrade annual report put the value of Cuban fuel exports last year at $15.4 million, compared to more than $500 million in 2013. The amounts for 2015 and 2014, when oil prices collapses, were $163.5 million and $336.8, respectively. The figures were based on import data from reporting countries, which may make them incomplete. The communist-ruled Caribbean nation does not publish oil-related export information. Cash-strapped Cuba reported its exports of goods…

Maritime Reporter Magazine Cover Mar 2019 - Cruise Shipping

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News