Daily Archives: May 5, 2020

Red ink for Repsol amid sharp drop in oil and gas prices

By Nermina Kulovic Repsol posted a significant quarterly loss after being hit by volatility and decline in oil and gas prices, but it delivered an increased output during the period. The post Red ink for Repsol amid… … Read Full Article Here For more great articles: Offshore Energy Today

Pieridae, Uniper extend Goldboro LNG deadlines

By Mirza Duran Canada’s Pieridae Energy, the developer of the Golboro liquefied natural gas export project, has negotiated extensions of the key deadlines under its long-term deal with Germany’s Uniper. This development follows Pieridae’s announcement in April on postponing a final investment decision to build the Goldboro LNG export plant in Nova Scotia due to…

Petrobras sets new oil export record despite low demand

By Nermina Kulovic Brazilian oil and gas giant Petrobras reached an oil export record during April, exporting 1 million barrels of oil per day. The post Petrobras sets new oil export record despite low demand appeared… … Read Full Article Here For more great articles: Offshore Energy Today

Report: Russia’s A-Property contracts TechnipFMC to design $10 bln LNG plant

By Mirza Duran A-Property, a firm owned by Russian energy tycoon Albert Avdolyan, has reportedly hired TechnipFMC to design a large liquefied natural gas export terminal. Image courtesy of TechnipFMC The LNG plant and surrounding infrastructure in the remote northern republic of Yakutia would require a $10 billion investment, Reuters reported on Monday citing an…

Chart joins Australian LNG Marine Fuel Institute

By Adnan Bajic U.S. LNG equipment maker Chart Industries has joined the Australian LNG Marine Fuel Institute. Illustration purposes only (Image courtesy of Chart Industries) Chart joins the institute pushing LNG as the primary marine fuel in the transition to carbon-free shipping. LNG MFI CEO Margot Matthews said that Chart is bringing valuable insight, background…

Gasum to open Lieto LNG station

By Adnan Bajic The Nordic energy company Gasum will expand its LNG filling station network with a new facility in Lieto. Image courtesy of Gasum The station, located in the Avanti business and industrial area of Lieto, will provide liquefied natural gas (LNG) and liquefied biogas (LBG) for the needs of long-haul transport. The station…

AGS firms up North Sea contract with Equinor

By Adis Ajdin Norwegian ocean bottom node seismic company Axxis Geo Solutions (AGS) has secured a contract […] The post AGS firms up North Sea contract with Equinor appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Eni fails to find hydrocarbons in Mexican well

By Nermina Kulovic Italian oil and gas company Eni has failed to find hydrocarbons in an exploration well located in the Sureste Basin, offshore Mexico. The post Eni fails to find hydrocarbons in Mexican well… … Read Full Article Here For more great articles: Offshore Energy Today

Woodside makes plans to abandon three Australian wells

By Bojan Lepic Australian energy company Woodside has submitted a decommissioning plan for subsea infrastructure no longer required for production activities from the Echo Yodel field offshore Australia. The post… … Read Full Article Here For more great articles: Offshore Energy Today