Daily Archives: October 27, 2017

Okwori FPSO secures extension

Sendje Berge Ltd. and Addax Petroleum Exploration (Nigeria) Ltd. have agreed to a four-year fixed term contract extension for the FPSO Sendje Berge on the Okwori field offshore Nigeria. Read Full Article Here For more great articles: Deepwater News

European Vehicle Transporter Increases IVECO LNG Fleet to 15

By NGV Global Stralis NP vehicle transporter operated by i-FAST Automotive Logistics i-FAST Automotive Logistics, part of FCA group, is the first company to have used the Stralis NP powered by LNG in the vehicle transportation sector. After more than 600,000 km in service, the ten Stralis NP fleet of i-FAST Automotive Logistics reached a…

Total’s profit, LNG sales up in Q3

By LNG World News French gas and oil giant Total reported an adjusted net income of $2.7 billion during the third quarter, jumping 29 percent compared to the same period last year. Speaking of the results, chairman and CEO Patric Pouyanne said that compared to a year ago, the Brent price increased 14 percent. “This…

Wilhelmshaven ideal for German LNG import terminal, study says

By LNG World News A study conducted by a group of German companies shows that Wilhelmshaven is the ideal location for an LNG import terminal. “Wilhelmshaven is best suited to constructing an LNG import terminal due to its geographical location, the nautical conditions and the gas grid connection, including the cavern capacities,” explains John Niemann,…

Chevron profit climbs to $2 billion

By Offshore Energy Today.. Oil major Chevron has joined its industry peers ExxonMobil and Total in recording a profit increase for the third quarter 2017 when compared to the prior-year period. Namely, Chevron on Friday reported earnings of $2 billion for the third quarter 2017, compared with $1.3 billion earnings in the third quarter of…