India to Drive LNG Capacity Growth in Asia
India is expected to drive capacity growth in Asia and Oceania’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) projects between 2019 and 2023…
Inpex Eyes Australia Expansion
Inpex Corp, Japan's top oil and gas company, wants to expand in Australia at its Ichthys liquefied natural gas (LNG) plant and through potential acquisitions, as part of a plan to become a major regional gas company…
Euronav to Store Low-Sulfur Oil
The crude oil tanker company Euronav has purchased a total of 420,000 metric tons of compliant fuel oil and marine gasoil so far, the company revealed as it detailed its IMO 2020 sulfur cap plans.
OMV Buys Shell's NZ Assets
Royal Dutch Shell plc announced Friday it has completed the sale of its New Zealand upstream oil and gas assets, marking the supermajor's exit from the Oceania country.The $578 million…
ADNOC, Inpex in LNG Bunkering Pact
ADNOC Logistics & Services (ADNOC L&S), a wholly-owned subsidiary of UAE's ADNOC, has signed an agreement with Japan's Inpex Corp to collaborate on LNG bunkering activities.Under the agreement…
CNOOC Becomes China’s First OPITO Approved Safety Trainer
The largest producer of offshore crude oil and natural gas in China, the China National Offshore Oil Corporation (CNOOC), has become the country’s first organization certified to train…
UTEC Bags TechnipFMC Contract in Australia
UTEC said it has been won a contract from Technip Oceania Pty Ltd, part of TechnipFMC in Australia, to provide survey and positioning services on the Greater Enfield Project, offshore Western Australia.
DOF Vessel Awarded Prelude FLNG Work
The DOF Group said its subsidiary DOF Subsea Australia Pty Ltd has been awarded a contract by Technip Oceania Pty Ltd, part of TechnipFMC in Australia, for the provision of multipurpose…
World's First Fabrication of Subsea Well Part Using LiDAR Data and 3D Printing
Fugro and 3D at Depth, a global provider of advanced subsea LiDAR systems and solutions, announce the world's first application of subsea LiDAR data used to 3D Print an accurate 1:1 physical model of a damaged well part.
Pressure Steady on LNG Shipping Rates -Drewry
LNG shipowners will have to wait until 2018 for earnings to improve, when the majority of new US plants are expected to come online, according to the latest edition of the LNG Forecaster…
Neptune Awarded Kitan Contract
Neptune has been awarded an air diving services contract by Technip Oceania Pty Ltd (“Technip”) for the Kitan disconnection project. The project is offshore in February and includes the…
Tankers to Store 25m Barrels of Oil At Sea
Oil traders have booked at least 12 tankers to store 25 million barrels of crude at sea in a further sign of a build-up in global stocks, reports Reuters. To take advantage of the crash…
Traders Book Oil Tankers to Store 25m Barrels at Sea
Some of the world's biggest oil traders have booked supertankers to store at least 25 million barrels at sea in recent days, seeking to take advantage of the crash in crude prices and make a profit down the line.
Supertankers Buying Spree to Beat Oil Glut
Some of the world’s largest oil traders are reportedly hiring supertankers in a possible attempt to stockpile oil supplies following the plunge in world prices. Trading firms including Vitol…
Ocean Installer Enters Australian O&G Market
Ocean Installer’s said that it has established office in Perth, Australia to meet demand for subsea construction services. “This is the beginning of our presence in another promising region…
