News

  • Gas Import Options Expanding for China

    China is poised to become the top global liquefied natural gas  importer this year, by-passing current leader Japan, according to a new Wood Mackenzie report.   At 11 million tonnes, China will account for more than half of the 18 million tonnes of increased global…

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  • Kistos awaits Borr rig to kick off Dutch drilling campaign

    Gas producer Kistos is preparing for a drilling campaign offshore the Netherlands, which will include an appraisal well, a flow test, a side-track and a re-perforation of a well on the Q10-A field to boost the output.   Kistos has recently acquired Tulip Oil Netherlands…

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  • Port of Antwerp experiences growth in 1H21

    During the first six months of 2021, 120 million t were transhipped through the Port of Antwerp, an increase of 5% compared with the same period last year, despite the impact of the ongoing pandemic.   Transhipments with the UK and Ireland also show positive…

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  • Australia grants recognition for FLNG concept

    Transborders Energy has secured a major project status (MPS) renewal for its floating liquefied natural gas (FLNG) Solution development.   The MPS signifies the Australian Commonwealth government’s recognition of a project’s national significance.   Christian Porter, Minister for Industry, Science and Technology, granted the renewal…

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  • DEI and KNF to Cooperate for Nuclear Fuel Sipping

    Dominion Engineering, Inc (DEI) has been awarded a contract to supply vacuum canister fuel sipping equipment and services at nuclear reactors in Korea and will cooperate with KEPCO Nuclear Fuel (KNF) for domestic market development and delivery.   Joint services will initially focus on vacuum…

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  • OMV continues exploration south of Oselvar field in the North Sea

    More detailed studies will be needed to determine potential connection between proven resources in the Forties and Andrew formations in a recent exploration well drilled by OMV (Norge) AS and the 1/3-11 (Ipswich) oil discovery, the Norwegian Petroleum Directorate said in a release on the…

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  • Insurance Jottings

    Cyber Insurance Industry in Crosshairs of Ransomware Criminals In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages who offer policies to help others survive the very network-paralysing, data-pilfering extortion attacks they themselves apparently suffered.   Cybercriminals who…

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  • People in the News

    Miller hires WTW’s Newland and forms renewables unit Miller has established a renewable energy unit and hired Willis Towers Watson (WTW) veteran Rhys Newland to lead the platform in the newly created role of head of renewable energy and environmental technology.   Lancashire continues marine…

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  • Suriname shows potential to become next oil hot spot, GlobalData says

    Recent exploratory success offshore Suriname, where several discoveries have been made in 2020, shows promise to become an oil production hot spot in the near to mid-term, according to GlobalData. The energy data and analytics company noted that block operators TotalEnergies and Apache Corporation awarded…

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