OG-News

Chevron starts work on Gorgon second development phase

Rate this article By LNG World News Image courtesy of ChevronUS-based energy giant Chevron said work has begun on further development at the Gorgon LNG project on Barrow Island offshore Western Australia. “Future development phases at the Chevron-operated Gorgon project have always been anticipated to maintain gas supply,” Chevron spokesman told LNG World News in…

Petrobras FPSO and support vessel collide off Brazil

Rate this article By Offshore Energy Today.. A collision between a support vessel and a Petrobras-operated floating production storage and offloading (FPSO) unit occurred off Brazil last Friday. According to Petrobras statement, the collision happened between the P-35 FPSO, located in the Marlim field in the Campos Basin, and the support vessel during the procedure…

Kosmos, BP firm ties on West African LNG project

Rate this article By LNG World News Kosmos Energy received governmental approval and completed the $916 million farm-out of assets in the Mauritania-Senegal basin to BP. Under the transaction, BP has acquired 49.99 percent interest in Kosmos BP Senegal, a joint company holding 65 percent participating interest in the Cayar Offshore Profond and the Saint…

Noble Energy confirms Leviathan field sanction

Rate this article By Offshore Energy Today Noble Energy has confirmed it has sanctioned the first phase of the Leviathan gas field development offshore Israel. The confirmation comes only hours after Noble’s Israeli partners in the field, Delek and Avner, said they had made the final investment decision for the project. The U.S. company said…

Explosion hits Nigeria LNG pipeline

Rate this article By LNG World News Nigeria LNG plant (Image courtesy of Nigeria LNG)Nigeria LNG, the operator of the 22 mtpa liquefied natural gas plant on Bonny Island, reported a pipeline explosion on Wednesday, February 22. According to the company’s statement, the explosion went off “on a section of the Right of Way housing…

Ezion in cash saving mode. Puts off rig deliveries ‘indefinitely’

Rate this article By Offshore Energy Today Singapore’s Ezion is slashing 2017 capex and delaying delivery of four service rigs to stop the cash outflow amid the tough offshore oil and gas environment. The company said on Thursday it would reduce its originally planned capital expenditure by approximately $270 million with the indefinite postponement of…

Report: OLT Offshore issues 20 LNG cargo tender

Rate this article By LNG World News OLT Offshore LNG Toscana has reportedly issued a tender seeking 20 LNG cargoes for delivery between April and September. Citing trade sources, Reuters reports that two cargoes are scheduled for delivery in September, with three cargoes to be delivered in April and June each. The remaining portion would…