Tagged Forecast

Europe eyes gas-rich African nations for new supplies, Rystad says

By Nermina Kulovic Africa is conservatively forecast to reach peak gas production at 470 Bcm by the late 2030s, according to Rystad Energy research. The post Europe eyes gas-rich African nations for new supplies, Rystad says appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News

BHP inks LNG supply deal with Shell

By Adnan Bajic Australian resource company BHP signed the first LNG supply deal for its Newcastlemax bulkers with Shell. FueLNG Bellina The five vessels will transport iron ore between Western Australia and China from 2022. Shell has been awarded the contract to fuel the vessels, which BHP will charter from Eastern Pacific Shipping (EPS) for…

Norway: October oil output hit by strike action

By Nermina Kulovic Norwegian oil production in October 2020 was below forecast by the NPD due to effects of strike action as well as maintenance operations on some fields. The post Norway: October oil output hit by… … Read Full Article Here For more great articles: Offshore Energy Today

Germany playing catch-up in LNG-fueled long-haul market

By Adnan Bajic The distribution of liquefied natural gas (LNG) as fuel for long-distance haulage has only recently started gaining momentum in Germany. Courtesy of Iveco The segment has been experiencing a boom across Europe for a while, German LNG Terminal, the joint venture aiming to build and operate an LNG terminal in Brunsbüttel, said…

Australia: LNG export earnings forecast to dip

By Adnan Bajic Australia’s LNG capacity expansion is nearing its end and although the country has taken over the LNG exporter top spot in 2019-20, the earnings are expected to dip. Courtesy of Woodside In its Resources and Energy Quarterly report, Australia’s Department of Industry, Science, Energy and Resources, noted that the latest wave of…