Daily Archives: April 19, 2016

Essel Group Middle East to Invest in Simba and New CEO Appointed

Rate this article Essel Group Middle East DMCC (“Essel Group ME” or “EGME”) and Simba Energy Inc. (“Simba”) are pleased to announce that they have arranged, subject to receipt of regulatory approval, a private placement financing (the “Private Placement”) involving the sale of 34,000,000 units (“Units”) in Simba Energy at a price of $0.05 per…

Cyprus: several factors to determine LNG developments

Rate this article By LNG World News Construction of a liquefied natural gas terminal in Cyprus is dependent on several factors, the country’s president Nicos Anastasiades said at a press conference on Monday. According to Anastasiades, the ongoing research into the gas finds as well as the results of the third licensing round for the…

Interview with offshore aerial photographer (Gallery)

Rate this article By Offshore Energy Today Offshore Energy Today has interviewed Mr. Herman Ijsseling, the owner of the Dutch company Flying Focus. The company specializes in taking beautiful photos of maritime and offshore vessels and installations, as you can see in the gallery above. In the interview, Mr. IJsseling speaks about the beginnings, clients,…

Aker Solutions’ new subsea plant in Brazil will employ 850 people

Rate this article By Offshore Energy Today.. Norwegian oilfield services company Aker Solutions is on Tuesday formally opening its new subsea plant in Curitiba, Brazil. According to the company’s press release on Tuesday, the facility will employ about 850 people and is dedicated to machining, welding, surface treatment, assembly and testing of Christmas trees and…

Nakilat’s profit climbs in Q1

Rate this article By LNG World News Qatar’s Nakilat, the world’s largest LNG shipper, said its net profit rose by 7.9% percent in the first quarter as compared to the same period last year. Nakilat posted a net profit of 240 million riyals (US$66m) for the first quarter, compared to 222 million riyals in 2015….

ExxonMobil starts up at Julia field in Gulf of Mexico

Rate this article By Offshore Energy Today.. Oil production has started at the Julia oil field in the Gulf of Mexico, ExxonMobil said on Tuesday. The first production well is now online and a second well will start production in the coming weeks, the company said. The Julia development is located approximately 265 miles southwest…

Cyprus: LNG plant construction depends on future gas discoveries

Rate this article By Offshore Energy Today Cyprus’ decision on building an onshore LNG plant to develop its offshore gas resources will depend on future gas discoveries. This was stated on Monday by the country’s president Nikos Anastasiades during his press conference on the three years of his presidency. He said that the results of…

Sinopec’s Guangxi LNG terminal begins commercial ops

Rate this article By LNG World News Sinopec’s Beihai LNG import terminal in China’s Guangxi region has officially started commercial operations, the state energy giant said on Tuesday. The 3 mtpa facility received its first commercial cargo from the ConocoPhillips-operated Australia Pacific LNG project in Australia. The cargo was delivered onboard the 160,000 cbm Methane…

Total gears up for drilling campaign offshore Bulgaria (Gallery)

Rate this article By Offshore Energy Today.. French oil major Total is gearing up for exploration drilling operations in the Khan Asparuh licence in the Black Sea, offshore Bulgaria. The country’s Ministry of Energy said on Tuesday that the drillship Noble Globetrotter II was presented in Burgas, Bulgaria on Tuesday, April 19, 2016. Namely, Noble…