OG-News

Santos ups 2017 guidance as production rises

Rate this article By LNG World News Image courtesy of SantosAustralian LNG player, Santos, reported upgraded its guidance figures for 2017 on the back of an increase in production during the third quarter. Santos has upgraded its production and sales volume guidance for 2017 to 58-60 mmboe and 79-82 mmboe, respectively, as production reached 15…

Fugro lands site survey gig in Mexico

Rate this article By Offshore Energy Today.. Fugro, a Dutch provider of offshore and onshore geotechnical and survey services, has been awarded a new contract with the Mexican national oil company, Pemex. The large survey contract was awarded to Fugro in conjunction with its long-time associate, Constructora Subacuática Diavaz, S.A. de C.V. Valued at approximately…

IEA: market flexibility improving thanks to LNG

Rate this article By LNG World News For illustration purposes only: a MISC LNG tanker (Image courtesy of MISC)While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalized and interdependent markets is creating new security challenges, according to the International Energy Agency’s latest assessment of global…

GALLERY: Aker Solutions marks the official start of Snefrid Nord work

Rate this article By Offshore Energy Today.. Norwegian oil services company Aker Solutions has marked the official start of operations on the Statoil-operated Snefrid Nord project in Norway. According to Aker Solutions’ social media update on Wednesday, the company together with Statoil has marked the official production start for Snefrid Nord at its facilities in…

Japan’s Sep LNG imports down almost 13 pct

Rate this article By LNG World News Image courtesy of Tokyo ElectricJapan’s liquefied natural gas (LNG) imports declined by almost 13 percent in September year-on-year, according to the provisional data released by the country’s Ministry of Finance. The world’s largest buyer of the chilled fuel imported 5.82 million mt of LNG last month as compared…

Swan Energy confirms MOL’s participation in Jafrabad FSRU project

Rate this article By LNG World News Swan Energy confirmed that Japanese shipper Mitsui OSK Lines grabbed an 11 percent stake in Swan LNG’s FSRU project in Jafrabad, Gujarat. According to a stock exchange filing by Swan LNG’s parent company Swan Energy, a shareholders agreement was signed on October 17. Following MOL’s acquisition, shareholders in…

Pan Asia LNG carrier delivered

Rate this article By LNG World News Image courtesy of Hudong-Zhonghua ShipbuildingChinese shipyard Hudong-Zhonghua Shipbuilding delivered the Pan Asia LNG carrier the first of four vessels set to transport liquefied natural gas from the QCLNG project in Australia to China. The 174,000-cbm vessel is built for joint investors, CNOOC Energy Technology & Services Limited, Teekay,…

MOL takes delivery of world’s largest FSRU

Rate this article By LNG World News MOL FSRU Challenger, the world’s largest FSRU (Image: MOL)Mitsui O.S.K. Lines of Japan has last week taken the delivery of the world’s largest floating storage and regasification unit (FSRU). To remind, the MOL FSRU Challenger has been officially named in a recent ceremony at the Okpo shipyard of…

Samsung Heavy books FSRU order

Rate this article By LNG World News Image courtesy of Samsung Heavy IndustriesSouth Korean shipyard Samsung Heavy Industries, on Thursday received an order to build a floating storage and regasification unit (FSRU) for a consortium of Marubeni, Sojitz, and Pertamina. The order for the FSRU with a 170,000 cubic meter storage capacity has been valued…

Solstad Farstad keeps ‘Far Sentinel’ busy till June 2020

Rate this article By Offshore Energy Today Norwegian offshore vessel owner Solstad Farstad has secured a contract extension for one of its vessels in the U.S. Gulf of Mexico. The Oslo-listed company on Thursday said the contract extension was secured for the construction support vessel Far Sentinel. The present contract with Blue Marine has been…