The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain. The largest spend will be focused on offshore…
Statoil and ExxonMobil are seeking ways to develop the multi-trillion cubic feet of gas resources they have found in Block 2 offshore Tanzania. Elaine Maslin takes a look. If you speak Swahili…
Norwegian classification and verification outfit DNV GL unveiled an unmanned floating LNG concept, which it thinks could unlock the potential of remote offshore gas fields. DNV GL's Solitude concept…
Delfin LNG submitted an application to construct, own and operate the Delfin LNG project (Port Delfin) in the Gulf of Mexico (GoM) under the Deepwater Port Act (DWPA). Map from Delfin. The…
During market downturns, collaboration across industry is critical in order to share best practice Lloyd’s Register Energy has spent this week at the Offshore Technology Conference (OTC) 2015 in Texas challenging oil and gas companies to re-think their approach to safety…
This year, Pakistan, Egypt, Jordan and Uruguay plan to begin importing natural gas via floating storage and regasification unit (FSRU) vessels. The vessels are a solution to the challenge of importing liquefied natural gas (LNG) into areas…
2015 may well be remembered as the year when natural gas truly announced itself as the major energy fuel source. With the announcement that Shell is targeting a US$70 billion deal for BG Group, and in doing so increasing their current LNG capacity to around 33 million tons per annum…
Ophir Equatorial Guinea awarded WorleyParsons a contract for provision of engineering and project management services for their Equatorial Guinea Block R Project, the Fortuna project. Block R map…
UK independent Ophir Energy has contracted Australian engineering group WorleyParsons and its subsidiary INTECSEA for engineering and project management services on its Fortuna project in Block R offshore Equatorial Guinea. Ophir has…
Shell Australia is taking safety to new heights with its new helicopter operated by CHC, to help with any rescue efforts needed offshore Australia. In this video, Shell shows a training run of new helicopter with a trained rescue…
JGC Corp awarded ABB a US$50 million contract to supply the electrical system for one of the world’s first commercial floating liquefied natural gas (FLNG) facilities, and the second to be owned by Malaysian oil and gas company Petronas, the PFLNG2…
Belgium’s Exmar announced in its quarterly report that operator Pacific Rubiales Energy will delay start-up for the Caribbean FLNG project offshore Colombia, which was to be the first operational FLNG facility. Exmar said that Pacific…
Area 4 is the jewel in Italian explorer Eni’s African crown. Meg Chesshyre reports on the company’s plans to get its large gas discoveries off Mozambique to market. Map of Mozambique. From EIA. Mozambique’s…
Golar LNG awarded Keppel Shipyard a US$705 million contract for the conversion of a second Moss liquefied natural gas (LNG) carrier, the GIMI, into a floating liquefaction vessel (FLNGV) for Golar’s subsidiary Golar Gimi. Image of Keppel Shipyard…
A heads of agreement (HOA) was signed between Golar LNG, Societe Nationale de Hydrocarbures (SNH) and Perenco Cameroon to develop a floating liquefied natural gas (FLNG) export project located 20km off the coast of Cameroon that will use Golar's floating liquefaction technology (GoFLNG)…