Daily Archives: July 17, 2020

Total inks $14.9 billion debt financing for Mozambique LNG

Rate this article By Mirza Duran French energy giant Total said Friday it has signed a $14.9 billion senior debt […] The post Total inks $14.9 billion debt financing for Mozambique LNG appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Titan’s bio-LNG project gets EU backing

Rate this article By Adnan Bajic Titan LNG, a Dutch supplier of LNG to the marine and industrial markets in Europe, has secured funding for its bio-LNG project. Courtesy of Titan LNG The company said on Friday it has received €11 million ($12.57 million) from the European Union through the Connecting Europe Facility (CEF). Titan…

BOEM proposes 78.8 million-acre Gulf of Mexico lease sale

Rate this article By Bojan Lepic The U.S. Bureau of Ocean Energy Management (BOEM) will offer over 78 million acres for a region-wide lease sale scheduled for November 2020. The post BOEM proposes 78.8 million-acre Gulf of Mexico… … Read Full Article Here For more great articles: Offshore Energy Today

GAIL to swap U.S. LNG cargoes for delivery in 2022

Rate this article By Adnan Bajic State-run gas company GAIL (India) is reportedly looking to swap a number LNG cargoes set for loading in the United States. Courtesy of GAIL Citing industry sources, Reuters reports the company has issued a swap tender for the U.S. cargoes and is seeking cargoes for delivery into India in…

Norwegian oil output in June drops below NPD’s prediction

Rate this article By Bojan Lepic Norwegian oil production has dropped below predictions made by the Norwegian Petroleum Directorate (NPD) after being above the limit for two months in a row. The post Norwegian oil output in June… … Read Full Article Here For more great articles: Offshore Energy Today

Former Pemex CEO returns to Mexico to face corruption charges

Rate this article By Bojan Lepic A former chief executive officer (CEO) of Mexican state oil company Petroleos Mexicanos (Pemex) arrived back to Mexico on Friday to face corruption charges. The post Former Pemex CEO returns to… … Read Full Article Here For more great articles: Offshore Energy Today

EnergyQuest: Australian FY2020 LNG revenue down, exports up

Rate this article By Adnan Bajic The revenue of Australian LNG exports slipped during the financial year 2020. This was despite stable oil prices in terms of the Australian dollar and rising volumes. Courtesy of Woodside Energy consultancy EnergyQuest noted that the total LNG export revenue is at $47.9 billion. This was down by $1.5…

Climate change targets on OGCI, Shell, and Biden’s menu

Rate this article By Bojan Lepic The Oil and Gas Climate Initiative (OGCI) has revealed a target to reduce the collective average carbon intensity of member companies’ aggregated upstream oil and gas operations to between 20 and 21… … Read Full Article Here For more great articles: Offshore Energy Today

GasLog takes newbuild LNG tanker delivery, agrees $1 bln refinancing

Rate this article By Adnan Bajic Greece-based LNG shipping company GasLog has taken delivery of GasLog Westminster from the South Korean Samsung Heavy Industries shipyard. Courtesy of GasLog The vessel has a 180,000 cubic meter cargo capacity and features X-DF propulsion and Mark III Flex containment system. GasLog noted in its statement that the LNG…