Daily Archives: August 22, 2017

Israel: Energy minister extends offshore license near Lebanese waters

By Offshore Energy Today Israel’s Delek and U.S. Noble Energy have obtained an extension to the Alon D license in the Mediterranean Sea, offshore Israel. The exploration license covers 400 square kilometers in the northern waters of Israel’s EEZ, a few kilometers east of the Karish gas field, recently bought by Energean. However, the northern…

Wood Group six-month profit plummets

By LNG World News Image courtesy of Wood GroupAberdeen-based LNG engineer Wood Group reported a plunge in profit for the first six months as challenging conditions continue in the North Sea market. The company reported a profit of $6 million, dropping 86.7 percent from $45 million reported in the first six months of last year….

Woodmac: Total-Maersk deal is mostly about North Sea

By Offshore Energy Today Following yesterday’s big news of France’s Total taking over Denmark’s Maersk Oil in a $7.45 million transaction, Wood Mackenzie has offered its view on the deal. According to Dr Valentina Kretzschmar, a director in Wood Mackenzie’s corporate services unit, the proposed deal is mostly about Maersk Oil’s North Sea assets, where…

Oil Search: PNG LNG exports 53 cargoes in H1 2017

By LNG World News ExxonMobil-operated PNG LNG project’s volumes delivered in the first half of 2017 edged up slightly compared to the corresponding period last year. In its latest report, Oil Search, the holder of the owner of a 29 percent stake in the project, informed the LNG delivered volumes stood at 59,047 billion Btu,…

Senegal: Cairn preparing SNE FPSO tender

By Offshore Energy Today Cairn Energy, a London-listed oil company, has shed some light on the development progress of its large SNE oil discovery offshore Senegal. The company said on Monday detailed planning was underway for the for phased development of SNE field using a standalone FPSO with subsea wells and expansion capability. According to…

India’s LNG imports up in July

By LNG World News Kochi LNG storage tanks (Image courtesy of Petronet LNG)India’s imports of liquefied natural gas (LNG) increased in July after two straight monthly declines, according to the latest data from oil ministry’s Petroleum Planning and Analysis Cell (PPAC). India imported 2.09 billion cubic meters of LNG or about 1.59 million mt last…

FERC approves Fourchon LNG pre-filing request

By LNG World News Image courtesy of Energy WorldThe United States Federal Energy Regulatory Commission approved Fourchon LNG’s request to start the pre-filing procedure for the proposed Port Fourchon project in Lafourche Parish, Louisiana. According to the filing, Fourchon plans to develop the terminal in two phases with the goal of the first phase is…

Weatherford names Halliburton man a new COO

By _Offshore_Energy_Today_ Weatherford International, an oil and gas services company, has appointed a new executive vice president and chief operating officer (COO). The oilfield services company said on Monday that Karl Blanchard was named as the new COO, to oversee all regions and product line operations like quality, health, safety, security, environment, sales, engineering, research…