Energy News Beat Allseas Swiss-based marine construction specialist Allseas has ordered two offshore construction vessels from Wuchang Shipbuilding Industry Group in China. The vessels are based on the SALT 308 OCV design, they feature advanced equipment and systems to deliver enhanced performance, flexibility, and functionality. Each vessel will measure 100 metres in length, feature a […]
Energy News Beat Asked about the LNG Canada start-up during Shell’s first-quarter earnings call on Friday, Gorman said that Shell is “really pleased with the progress so far.” “And of course, you saw the commissioning cargo come in to be able to test all of the different aspects of the facility,” she said. Last month, […]
Energy News Beat Quarterly Ebitda of $2.16 billion also rose 4 percent compared to last year. Adnoc Gas said zhe performance was driven by continued demand for domestic gas – up on the equivalent quarter last year – as a result of strong economic growth in the UAE, which lifted the total sales volume. Secondly, […]
Energy News Beat AsiaOperations NR Group NR Group There’s just over three weeks to go until the enacting of one of this year’s most significant shipping regulations, and one key country is ill-prepared for the imminent changes coming to the ship recycling sector. June 1 sees the Hong Kong International Convention for the Safe and […]
Energy News Beat Middle EastPorts and Logistics Abu Dhabi-based ports and logistics giant AD Ports Group has signed a 50-year concession deal with Egypt’s Suez Canal Economic Zone to set up a 20 sq km logistics and industrial zone east of Port Said on the Mediterranean Sea. Under the agreement, AD Ports Group will develop, […]
Energy News Beat Vard Taiwanese owner and operator Dong Fang Offshore (DFO) has ordered another commissioning service operation vessel (CSOV) from Fincantieri-controlled Norwegian shipbuilder Vard. The vessel will be a sister ship to the two CSOVs contracted in May 2024, and follows the order of a subsea construction vessel from the yard last month. The […]
Energy News Beat EuropeTankers BP BP BP is reportedly selling six MR tankers for $200m. The 57,000 dwt vessels are the British Chief (2017), and the 2016-built sisters British Engineer, British Officer, British Cadet, British Captain and British Sailor. Over the weekend, brokers reported that the ships had received a string of offers over the last […]
Energy News Beat ENB Pub Note: This is an excellent announcement for Brazil and Petrobras. Estimated Reserves: The Búzios field is estimated to contain approximately 13 billion barrels of oil equivalent (boe) in recoverable reserves, making it one of the largest offshore fields globally. Transfer of Rights Agreement: In 2010, Petrobras secured rights to explore […]
Energy News Beat ENB Pub Note: As Michael has brought this up in the podcast, this is a timely note from EuropeOffshore. Here are some of the details that were left out of the article. There are two big questions. Will they merge, then move to the U.S.? Or will BP just get listed on […]
Energy News Beat Three silos at a grain terminal in the Russian port of Novorossiisk were damaged by Ukrainian drones on Saturday with the city’s mayor declaring a state of emergency. The Black Sea terminal is now operated by Delo Group, having formerly been part of Cargill’s network. It has a capacity to move 10m tonnes […]
