Offshore Natural Gas News

 

Denmark Investigates Yacht Linked to Nord Stream Blasts

Mar 09, 2023

Danish police have searched for a yacht on a tiny Baltic Sea island near the Nord Stream pipeline blast sites, the local administrator said on Thursday.German authorities confirmed on Wednesday they had raided a ship in January that may have been used to transport explosives used to blow up the pipelines.'The police was searching for a specific boat that had moored here in September,' Soren Thiim Andersen…

Exxon Considers Selling Stake in LNG Terminal Offshore Italy

Mar 16, 2023

Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…

North Sea Regulator to Prioritize Licenses for Fast Gas Developments

Mar 08, 2023

The British regulator overseeing the latest North Sea oil and gas licensing round will prioritize companies aiming to bring natural gas to market within months, its head said on Wednesday.Britain launched last year its first oil and gas exploration…

New Intelligence Points to Pro-Ukraine Group in Nord Stream Attack

Mar 07, 2023

New intelligence reviewed by U.S. officials suggests that a pro-Ukraine group - likely comprised of Ukrainians or Russians - attacked the Nord Stream gas pipelines in September, but there are no firm conclusions, the New York Times reported on Tuesday…

Prelude Loads First Tanker Since Output Suspension

Jan 17, 2023

The first liquefied natural gas (LNG) tanker to berth at Shell's Prelude floating LNG site off Western Australia since it was shut down after a fire has begun loading, Refinitiv data shows.The Methane Becki Anne vessel berthed at the Prelude plant on Jan…

Shell LNG Trading Gives Quarterly Boost

Jan 06, 2023

Earnings from Shell's liquefied natural gas (LNG) trading operations are likely to have been significantly higher in the fourth quarter of last year despite a sharp output drop owing to plant outages, it said on Friday.Europe's largest oil and…

Norway Gas Exports to Stay at Record Levels for 4-5 Years

Jan 05, 2023

Norway plans to export around 122 billion cubic metres (bcm) of natural gas in 2023, in line with last year’s level, and to maintain this volume for the next four or five years, Minister of Petroleum and Energy Terje Aasland said on Thursday…

Indonesia Approves $3 Billion Development Plan for South China Sea Gas Block

Jan 03, 2023

Indonesia has approved the first plan of development for the Tuna offshore gas field with total estimated investment of $3.07 billion up to the start of production, upstream oil and gas regulator SKK Migas said on Monday.The Tuna field, located in the South China Sea between Indonesia and Vietnam…

FSRU Exemplar Arrives in Finland

Dec 29, 2022

Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal…

Centrica Taps Wood for Work at Rough Gas Storage Site

Nov 22, 2022

Engineering firm Wood said it has been appointed integrated services partner by Centrica Storage for the company’s U.K. Southern North Sea operations.The five-year contract includes the provision of engineering, procurement and construction solutions…

Britain's Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns

Nov 22, 2022

North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the ageing basin and could cut output just as Britain seeks to boost domestic production…

ABS Grants AIP for HHI's Hi-ReGAS+ Regasification System

Nov 08, 2022

Classification society ABS announced it has awarded approval in principle (AIP) for a next-generation, highly efficient concept of a regasification system (Hi-ReGAS+) for floating storage regasification units (FSRUs) and floating liquefied natural gas (LNG) terminals that uses natural circulation…

Santos Posts Record Revenue as LNG Prices, Volumes Soar

Oct 20, 2022

Australia's Santos Ltd said on Thursday its third-quarter revenue jumped over 88% to a record high on higher sales volumes and as a global energy crunch boosted liquefied natural gas (LNG) prices.The Adelaide-based company has benefited from…

Nord Stream Breaches a Stark Reminder of Undersea Infrastructure Vulnerabilities

Oct 17, 2022

On the night of September 26, near the end of the calm season on the Baltic, a broiling kilometer-wide circle disturbed the face of the sea and a huge mass of methane erupted into the air. The gas formed a cloud that crossed Europe, in what’s…

Ecuador to Launch Auction for Offshore Blocks in 2024

Oct 10, 2022

Ecuador is planning to offer, most likely in 2024, blocks for offshore exploration and production of natural gas at the Gulf of Guayaquil, following auctions for onshore areas to be completed next year, Energy Minister Xavier Vera said on Monday…

Current News

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Crowley Hires Coplen as Wind Services VP

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Floating Wind Specialist BW Ideol Secures Investment from ADEME Investissement

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Ecuador to Revise Down Output Goal by 8% After Force Majeure

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