Tagged South America

Polarcus in two seismic projects off South America

By Offshore Energy Today.. Marine seismic company Polarcus has received two letters of intent from undisclosed clients for two additional marine seismic projects offshore South America. Polarcus said the projects, one 3D using Polarcus’ RightBand technique for broadband data acquisition and one 4D monitoring survey, will start in 1Q and 2Q 2017, respectively. The projects…

Peruvian offshore block could hold almost 1 billion barrels of oil

By _Offshore_Energy_Today_ Baron Oil said its Peruvian block in the offshore Talara Basin might hold some 900 billion barrels of oil recoverable. This is a figure the London-listed, South America-focused oil company revealed on Wednesday, providing the latest estimates of Unrisked Prospective Resources for blocks Z-34 in Peru. According to Baron, the estimations were carried…

Agility Fuel Solutions Merger Finalized

By NGV Global Agility Fuel Systems and Hexagon Composites have finalized their merger effective October 3, 2016. The merger unites Hexagon Composites’ CNG Automotive Products Division, which includes medium- and heavy-duty vehicle composite cylinder manufacturing operations and its bus systems, with Agility to form the new company, Agility Fuel Solutions. The strategic integration of the…

Excelerate prepares for its 1000th LNG STS transfer

By LNG World News First Ship-to-Ship (STS) transfer of LNG at the Engro Elengy terminal located in Port Qasim, Pakistan (Image courtesy of Excelerate)Texas-based Excelerate Energy said it is nearing its 1000th commercial Ship-to-Ship (STS) transfer of liquefied natural gas (LNG), which is set to be completed in late August. The operation will take place…

Hoegh LNG opens Colombia office to support FSRU contract

By LNG World News Norway-based Höegh LNG said it has opened an office in Cartagena, Colombia to support its contract with Sociedad Portuaria El Cayao (SPEC). Colombia, the country largely situated in the northwest of South America is expected to join the club of worldwide LNG importing nations in the fourth quarter of this year….

Polarcus wins 3D seismic gig in South America

By Offshore Energy Today.. Offshore geophysical company Polarcus has received a Letter of Intent (LOI) from an undisclosed client for an additional broadband 3D marine seismic survey offshore South America. The company revealed on Wednesday that the project will start in early 4Q 2016 and run for approximately three months, but did not reveal the…

First South American cargo unloaded at CNOOC’s Zhejiang LNG terminal

By LNG World News China’s CNOOC informed its Zhejiang LNG terminal received its first ever cargo from South America on June 5. A company’s statement reveals the cargo was delivered aboard the Methane Alison Victoria, the 2007-built LNG carrier capable of transporting 145,000 cubic meters of the chilled gas. The vessel departed from Peru’s 4.4…