Daily Archives: October 23, 2017

Report: Energean hires Stena Forth drillship

By _Offshore_Energy_Today_ Greek oil company Energean Oil & Gas has reportedly hired one of Stena Drilling’s drillships last week on a term deal set to begin in 2018. According to information provided by VesselsValue, Energean hired Stena Drilling’s Stena Forth drillship last Monday on a five-month deal. The contract will begin on January 1, 2018,…

OLT Offshore LNG Toscana appoints new managing director

By LNG World News OLT Offshore LNG Toscana, operator of the FSRU Toscana located off the Italian coast between Livorno and Pisa, said that Richard Fleischmann has been named as the new managing director of the company, representing Uniper shareholders. Formerly senior project manager for the E.ON Group and later for Uniper Global Commodities, Richard…

Kosmos inks three new PSCs for blocks off Equatorial Guinea

By Offshore Energy Today.. The Ministry of Mines and Hydrocarbons of Equatorial Guinea, the national oil company GEPetrol, and the U.S.-based oil company Kosmos Energy have signed three new production sharing contracts (PSC) for Block EG-21, Block S and Block W offshore Rio Muni. The deal marks Kosmos’ first PSCs in Equatorial Guinea, the ministry…

Mexico Pacific secures funds for Sonora LNG project

By LNG World News Mexico Pacific Limited said that Aecom Capital’s Infrastructure fund pledged to invest in the development of its LNG liquefaction complex on the Gulf of California in Mexico. Based at Puerto Libertad in the state of Sonora, MPL has a deep-water port and is interconnected with the US shale gas grid by…

Halliburton profit spikes in 3Q

By Offshore Energy Today.. Driven by North American market, oilfield services provider Halliburton recorded a significant increase in its profit and revenues for the third quarter of the year compared to the prior-year period. In its financial report on Monday, Halliburton posted a $365 million net profit attributable to Halliburton for the third quarter of…

France’s Dunkirk LNG gets Norwegian cargo

By LNG World News Arctic Princess at the Dunkirk LNG terminal (Image courtesy of Dunkerque LNG)Liquefied natural gas supplies to France’s Dunkirk LNG import terminal are continuing to rise as the third ship docked on Monday at the facility in just over a month. The facility previously received a cargo from Qatar on October 2…

USEA, DoE to unveil LNG handbook for sub-Saharan Africa

By LNG World News The United States Energy Association, together with the Department of Energy will unveil an LNG handbook designed to aid sub-Saharan Africa to develop LNG infrastructure. According to the DoE, the handbook focuses on the factors that exporting or importing nations on the continent need to consider when making decisions about natural…

PHOTO: This is the world’s first converted FLNG vessel

By Offshore Energy Today Singapore’s builder of offshore drilling rigs and vessels, Keppel, has shared a photo of the completed Hilli Episeyo FLNG vessel. Converted from a large LNG carrier, -the Hilli Episeyo – the world’s first converted FLNG vessel – was delivered to Golar earlier in October, and has left Singapore ten days ago….

Keppel profitable. Offshore division breaks even

By Offshore Energy Today Singapore’s industrial conglomerate Keppel Corporation posted a revenue of S$1,6 billion for the third quarter of 2017, an increase S$158 million or 11% above that of 3Q 2016. However, revenue from the Offshore & Marine Division, Keppel is mostly famous for, declined by S$136 million to S$380 million, 25 percent down…