Wednesday, November 6, 2024

Everest News

Data shows that Russian LNG tankers are avoiding the Arctic as winter approaches.

LSEG data on Thursday showed that ships carrying Russian liquefied gas (LNG), to Asia, are returning to longer routes around Africa’s Cape of Good Hope instead of those along the Arctic coast as the winter season starts.

Kpler reports that four tankers are still at sea, with cargoes not sold with Arctic LNG 2.

According to ship tracking agency Kpler data, four tankers carrying Russian Arctic LNG 2 are still at sea. This highlights the difficulties of the U.S. sanctioned project for the sale of seaborne gas.

MISC Takes Delivery of VLEC Seri Elbert

Photo: MISC Berhad (MISC)

MISC Berhad (MISC) has taken delivery of its sixth Very Large Ethane Carrier (VLEC) – Seri Elbert, from Hyundai Heavy Industries (HHI) shipyard in Ulsan, South Korea. Seri Elbert and her sister vessels - Seri Everest…

Great Ships of 2020: Seri Everest, World’s Largest Ethane Carrier

Photo Courtesy MISC Berhad

Seri Everest, the first in a series of three 98,000 cbm Very Large Ethane Carriers (VLECs) built at Samsung Heavy Industries Co., Ltd. (SHI) and delivered to MISC Berhad on October 30, 2020. Seri Everest…

Delek Drilling to Spin Off Tamar Stake

Tamar Platform (Photo: Albatross Aerial Perspective Ltd. / Delek Drilling)

Israel's Delek Drilling is looking to spin off its remaining 22 percent stake in the offshore Tamar gas field in 2019, the company's chief executive said on Monday.Last year Delek spun off an initial 9.25…

Chrysaor to Begin Oil Drilling in 2018 after Shell Purchase

(Photo: Chrysaor)

North Sea producer Chrysaor plans to begin drilling for oil and gas in early 2018 after completing a $3 billion acquisition from Royal Dutch Shell, Chrysaor Chairman Linda Cook said on Wednesday. Chrysaor…

Shell to Sell Some North Sea Assets to Chrysaor

Shell has agreed to sell a package of UK North Sea assets to Chrysaor for a total of up to $3.8bn, including an initial consideration of $3.0bn and a payment of up to $600m between 2018-2021 subject to commodity price…

Shell to sell $3B in North Sea Assets

Royal Dutch Shell is nearing the sale of a large part of its North Sea oil and gas assets to private equity-backed Chrysaor for $3 billion, banking sources said, marking a milestone in its drive to reduce debt after buying BG Group.

Shell's U.S Deal to Unlock Global Asset Sales

Shell lines up large North Sea asset sale; Gulf of Mexico deal sets deal value at $60/bbl. Royal Dutch Shell's first oil field sale after its $54 billion BG Group acquisition bodes well for its disposal talks in the North Sea…

Shell's US Deal to Unlock Global Oil Asset Disposals

The $425 million deal in the Gulf of Mexico is welcome news for the Anglo-Dutch oil and gas giant which has struggled to kick off its plan to dispose of $30 billion of assets by 2018 or so in order to…

Prosafe, BG Group to Re-phase Safe Bristolia Work

Moored semi-submersible accommodation vessel Safe Bristolia sustained damage to lifeboats after experiencing bad weather during work at the Everest field in UK in October 2014, forcing operations to be…

ABB, Solar Impulse Join Forces for Round-the-world Flight

ABB, the leading power and automation technology company, is proud to accompany Solar Impulse and its crew on the plane’s flight around the world powered only by energy from the sun. Solar Impulse, based in Switzerland…

CATS Pipeline & Infrastructure Sold for $954m

BG Group

BG Group agreed to the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners for total proceeds up to $954 million.

BG to Sell its Interest in CATS Pipeline

Photo courtesy of the BG Group

BG Group today announced it had agreed to the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the U.K. North Sea and associated infrastructure to Antin Infrastructure…