Daily Archives: May 22, 2020

Petronas books smaller profit after being hit by lower prices

Rate this article By Nermina Kulovic Petronas saw its profit and revenues drop in the first quarter of 2020 after being hit by lower average realised prices for LNG, petroleum products, and crude oil & condensates. The post… … Read Full Article Here For more great articles: Offshore Energy Today

Bibby WaveMasters chart zero-emissions course

Rate this article By Adnan Durakovic UK-based Bibby Marine Services (Bibby) has received a grant to explore a range of zero-carbon fuel systems through the WaveMaster Zero C Research and Development Project. The project will be supported by a grant from MarRI-UK, a collaborative innovation vehicle for UK industry and academia to jointly tackle innovation…

Optimism for Post-Pandemic Natural Gas Fuel for Mobility

Rate this article By NGV Global Image courtesy of NGVA Europe The International Energy Agency recently released its report — 2020 Global Energy Review — which states energy demand will fall 6% in 2020. This represents the largest decline in 70 years in percentage terms, the largest ever decline in absolute terms, and seven times…

Hurricane suspends output guidance after Lancaster well shut-in

Rate this article By Nermina Kulovic Hurricane Energy has shut-in one of two wells at the Lancaster Early Production System due to interference between two producing wells. The post Hurricane suspends output guidance after Lancaster… … Read Full Article Here For more great articles: Offshore Energy Today

PGS releases Côte d’Ivoire GeoStreamer data

Rate this article By Adis Ajdin Marine geophysical firm PGS has released new multi-azimuth GeoStreamer 3D for Côte d’Ivoire. This […] The post PGS releases Côte d’Ivoire GeoStreamer data appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today

Archer firms up North Sea job with TAQA

Rate this article By Nermina Kulovic Archer has secured a formal contract award for the provision of a modular drilling unit and associated services from TAQA. The post Archer firms up North Sea job with TAQA appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today

CNOOC brings online new project offshore China

Rate this article By Nermina Kulovic CNOOC Limited has started production from the Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project located offshore China. The post CNOOC brings online new project… … Read Full Article Here For more great articles: Offshore Energy Today

Noble Corp. CEO transitions to executive chairman role

Rate this article By Nermina Kulovic CEO of Noble Corporation has transitioned to the role of executive chairman of the board while a new CEO has been named. The post Noble Corp. CEO transitions to executive chairman role appeared… … Read Full Article Here For more great articles: Offshore Energy Today

U.S. weekly LNG imports continue to decline

Rate this article By Mirza Duran The United States exported less liquefied natural gas cargoes in the week ending May 20 when compared to the week before, according to the Energy Information Administration. Image courtesy of Cheniere The agency said in its weekly gas natural gas report that five US terminals dispatched ten LNG shipments…

Kinder Morgan restarts Elba Island LNG units after fire

Rate this article By Mirza Duran U.S. energy company Kinder Morgan is restarting two of the three liquefaction units shut after a fire earlier this month at its Elba Island liquefied natural gas export plant in Georgia. Unit 3 began the restart process late Tuesday and Unit 1 is expected to begin the process by…