Daily Archives: July 24, 2017

ALE strengthens heavy-lift capability

Rate this article Heavy-lift group ALE has acquired Conbit, a structural engineering and lifting contractor specializing in offshore engineering and maintenance and onshore towers. Read Full Article Here For more great articles: Offshore RSS Feed

Report: Saudi Aramco beefing up security on offshore facilities

Rate this article By Offshore Energy Today Oil behemoth Saudi Aramco is reportedly set to award contracts to increase the security of its offshore oil and gas installation. Reuters on Monday reported, citing unnamed sources, that the oil company has already received bids from the likes of Raytheon, Rheinmettal, and General Dynamics for defense systems,…

APPEA: LNG export restrictions could be counterproductive

Rate this article By LNG World News The Australian Petroleum Production & Exploration Association (APPEA) said the restriction of LNG exports in favour of domestic supply would not bring the intended results. Speaking of the government’s proposed Australian Domestic Gas Security Mechanism (ADGSM), APPEA’s chief executive, Malcolm Roberts said it “was a short-term fix and…

Woodmac podcast: What to expect from 2Q results season?

Rate this article By Offshore Energy Today Oil majors, such as Exxon and Shell, among others, are set to reveal their second quarter financial and operational reports this week, with BP expected next week. Wood Mackenzie, an energy intelligence group, has posted a podcast taking a look into what to expect when it comes to…

PTT eyeing stake in Petronas’ LNG project

Rate this article By LNG World News Image courtesy of PTTThailand’s state-owned PTT is eyeing a stake in Petronas’ natural gas liquefaction plant to be built in Malaysia. The size of the potential stake and investment is soon to be determined, the company’s spokesperson told Reuters. PTT, that has set up a global LNG trading…