Norwegian shipping firm Golar LNG said liquefied natural gas (LNG) production had started at its floating LNG production platform in Cameroon, the world’s second working example of the nascent technology. The trading arm of Russia’s Gazprom has purchased the entire 1.2 million tonne per…
Saudi Aramco has signed various memoranda of understanding (MoUs) at last week’s UK-Saudi CEO Forum in London. This was staged to promote business and cooperation between the UK and Saudi Arabia, and to coincide with an official visit to the UK by Crown Prince…
GE Renewable Energy has announced the installation of the first GE HaliadeTM 150-6MW offshore wind turbine at the 396MW Merkur Offshore Windfarm in Germany, located approximately 35 kilometres north of the island of Borkum, in the North Sea. Installation vessel SeaFox 5 sailed from…
Eni has signed in Abu Dhabi two Concession Agreements for the acquisition of a 5% stake in the Lower Zakum offshore oil field and of a 10% stake in the oil, condensate and gas offshore fields of Umm Shaif and Nasr, for a total participation…
Woodside and BHP have entered into an agreement in relation to the proposed development of the Scarborough gas field. Under the agreement: BHP waives its right of pre-emption and provides its consent to the sale by ExxonMobil to Woodside of its 50% interest in…
According to new economic studies, opening the US outer continental shelf (OCS) to offshore oil and natural gas development would be an economic catalyst. API commissioned Calash and Northern Economics to analyse the economic impact of oil and natural gas development in the OCS…
Civic leaders in town after town along the 600-mile (966-kilometre) route of a proposed natural gas project have accepted poster-sized cheques from the Atlantic Coast Pipeline. Dominion Energy says it is being a good neighbour by handing out US$2 million in grants of around…
Wood has been selected to develop the world’s largest fully integrated crude oil to chemicals complex in the Kingdom of Saudi Arabia, on behalf of Saudi Aramco and SABIC. The company will provide front end engineering design and project management services during the engineering,…
Royal Dutch Shell is selling out of the ageing Draugen field in Norway and is also offering small stakes in several other fields, it has been reported. The sale process is part of the Anglo-Dutch company’s drive to sell US$30 billion of assets by…
The Rotterdam Offshore Community pavilion is a fact and will be joining Offshore Energy 2018 together for the first time. Chris van der Deijl, at Rotterdam Port Promotion Council, explained: “In previous years the Port of Rotterdam and other Rotterdam-based companies have exhibited, this…
