Daily Archives: December 24, 2015

Uncertain future for Atlantic Petroleum

By Offshore Energy Today Future seems uncertain for Atlantic Petroleum, a Faroese oil and gas company with assets in UK and Norway, as the talks for the sale of its stake in a UK North Sea field have dragged on for weeks. Namely, the company said on Thursday it was still in discussions with Read…

Jordan: NEPCO receives LNG cargo after disruptions

By LNG World News Jordan’s first LNG import terminal at Aqaba, that recently stopped supplying gas to the country’s grid due to bad weather conditions, received a cargo of the fuel on Thursday. According to shipping data, the LNG cargo was reloaded at Spain’s Huelva regasification plant and brought onboard the Esshu Maru, a 155,300…

Israel approves Tamar gas exports to Egypt

By Offshore Energy Today Israel has reportedly approved gas exports from the Tamar offshore field to Egypt. According to Israeli media, the approval has been signed by the country’s energy minister Yuval Steinitz, following an application by the Tamar partners to sell gas to Egypt’s Dolphinus Group. The Tamar field, Israel’s second largest offshore Read…

Report: Egypt late with LNG payments

By LNG World News Egypt has reportedly accumulated around US$350 million of debt towards the LNG suppliers due to a foreign currency crisis and low oil prices. Reuters reports, citing sources, that Egypt has struggled to pay for the liquefied natural gas cargoes within the agreed 15-day period following the unloading and asked the Read…

Agility Group bags subsea deals in Azerbaijan and Norway

By Offshore Energy Today Norway’s Agility Subsea Fabrication has over the recent months secured contracts worth more than NOK 500 million ($57.6 million) for the delivery of subsea structures. The contracts include the delivery of manifolds, foundations and well jumpers to the second phase of the Shah Deniz development project in the Caspian Read Full…

InterOil: drilling starts at Antelope-6

By LNG World News InterOil informed that Total E&P PNG, the operator of the Petroleum Retention License 15 in the Gulf Province of Papua New Guinea, has begun drilling the Antelope-6 appraisal well. The well, located about 2 km east-south-east of Antelope-3 is intended to provide structural control and reservoir definition on the field’s Read…

Crowley takes delivery of second LNG-ready tanker

By LNG World News Jacksonville-based Crowley Maritime said it has taken delivery of the second of four LNG-ready product tankers from Philly Shipyard. The 50,000 dwt, 330,000-barrel-capacity vessel named Texas, joins its sister ship Ohio that was delivered in October, Crowley said in a statement on Wednesday. The Ohio was the first tanker to receive…

GLNG secures more feed gas from AGL

By LNG World News Australian LNG player Santos on Thursday revealed that GLNG partners closed a deal with AGL for the purchase of 254 petajoules of feed gas for the export plant on Curtis Island. Deliveries of the gas are scheduled to start in January 2017 and continue for a period of 11 years, Read…

Gulf Island takes over Leevac

By Offshore Energy Today.. Gulf Island Fabrication has bought Leevac Shipyards, and its related affiliates, for $20 million. Gulf Island says that, under the agreement, Leevac will sell to a Gulf Island subsidiary substantially all of Leevac’s assets, including Leevac’s leasehold interests at its marine fabrication facilities in Jennings, Louisiana and Lake Charles, Louisiana, Read…

LNG-powered cement tanker Greenland delivered

By LNG World News Dutch shipbuilder Ferus Smit said it has delivered the LNG-powered cement tanker Greenland. After a program of trials and tests, Greenland on Wednesday departed Delfzijl on its first commercial voyage to Rostock where the LNG powered vessel will receive its first cement load, Ferus Smit said in a statement. M.V. Greenland…