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AOG Daily: 2019 / August

With the U.S. offshore wind industry poised for rapid growth, DNV GL has established a Renewables Certification office in Medford, Mass., to meet the growing…
Friday, 23 August 2019 04:34

Frontline buys 10 Tankers from Trafigura

Frontline will buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675 million, and may buy a further…
Thursday, 22 August 2019 20:41

Scandinavia's Largest Offshore Wind Farm Opens Featured

European energy giant Vattenfall opened Scandinavia’s largest offshore wind farm, Horns Rev 3. From left to right: CEO of Vattenfall Magnus Hall, Chairman of Vattenfall…
Thursday, 22 August 2019 20:40

GoM Lease Fetches $159mln in High Bids

Gulf of Mexico (GoM) Lease Sale 253 in New Orleans generated over $159 million in high bids for 151 tracts covering 835,000 acres in federal…
Thursday, 22 August 2019 20:38

Oil Price Controls Subsea Market Growth

The subsea market in 2019 will experience year-on-year growth for the first time since 2014. But the positive outlook is vulnerable to any significant decline…
Thursday, 22 August 2019 20:23

L&T Consortium Wins Saudi Aramco Deal

Indian multinational conglomerate Larsen & Toubro Limited (L&T) announced that a consortium of its arm L&T Hydrocarbon Engineering Limited (LTHE),  and EMAS AMC PTE Ltd…
Thursday, 22 August 2019 20:23

China Develops 10MW Offshore Wind Turbine

China’s Dongfang Electric Corp. (DEC) has unveiled  what it claims will be the country’s first 10MW offshore wind turbine after successfully developing a direct-drive permanent-magnet…
Thursday, 22 August 2019 20:22

Chart Gets Order for Calcasieu Pass LNG

U.S. LNG equipment maker Chart Industries has received full notice to proceed (FNTP) regarding its production of cold boxes and brazed aluminium heat exchangers for…
Thursday, 22 August 2019 06:51

Santos Profit Soars

Australia's No.2 independent gas producer Santos Ltd on Thursday posted a 89% jump in half-year profit, boosted by its acquisition of Quadrant Energy and strong…
Thursday, 22 August 2019 05:31

Wood Promotes Leonard in Americas Role

Engineering firm Wood said it has appointed Paul Leonard as President of Operations Services in its Americas business to succeed Tim O’Leary, who is retiring…
Thursday, 22 August 2019 05:27

Triton Knoll Selects Seacat for OESV

Offshore energy support vessel (OESV) operator Seacat Services signed a  deal to support the construction phase of Triton Knoll offshore wind farm. Photo courtesy of…
Wednesday, 21 August 2019 20:00

HMD Builds 2 Methanol-Fueled Tankers Featured

Two new dual-fueled tankers capable of operation using clean-burning Methanol, Mari Couva and Mari Kokako were named at the Hyundai Mipo Dockyard (HMD) by owners…
Wednesday, 21 August 2019 16:54

African LNG to Attract $103Bln in 2019

With greenfield investments in Nigeria, Egypt, Mozambique and elsewhere reaching nearly $103 billion this year, it is clear that liquefaction is viewed as the most…
Voyager, a company offering a solution to the bulk commodity shipping market to operate in a unified and digital environment, announced completion a $1.5 million…
Gulf Marine Services said on Wednesday Chief Executive Officer Duncan Anderson has resigned as the oilfield industry contractor warned a reassessment of its ships and…
Sinopec Corp has resumed operations at most of the oil and gas wells at its top-producing oilfield, Shengli in east China, after thousands were shut…
Wednesday, 21 August 2019 01:57

Brent Oil Prices Rise Above $60

Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in U.S. crude inventories, but lingering worries…
Tuesday, 20 August 2019 19:36

LNG Market Recovers in Q2, Says Flex LNG

During the second quarter 2019, spot liquefied natural gas (LNG)  freight rates stabilized and started gradually to recover, says Flex LNG, the owner of LNG…
Tuesday, 20 August 2019 16:49

W African Firm Builds LNG Import Capacity

Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa, advancing efforts to monetize gas resources…
Tuesday, 20 August 2019 11:20

Woodside to Implement Schlumberger's DELFI

Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle…
Tuesday, 20 August 2019 08:51

NOV Cuts Staff for Second Time This Year

Oilfield equipment and service provider National Oilwell Varco has begun trimming its workforce for the second time this year, two people familiar with the matter…
Tuesday, 20 August 2019 07:43

Formosa 1 Phase 2 Foundations Installed

Jan De Nul Group said it has installed all 20 foundations for the 120-megawatt (MW) Formosa 1 Phase 2 wind farm offshore Taiwan. (Photo: Jan…
Tuesday, 20 August 2019 04:31

Wood Sells Nuclear Unit for $305 Million

British oilfield services provider Wood Plc said on Tuesday it would sell its nuclear energy business for about $305 million to Jacob Engineering, acting to…
Oil Search warned on Tuesday that costs for a $13 billion plan to double gas exports from Papua New Guinea could rise if talks on…
Monday, 19 August 2019 19:45

Empyrean Energy to Spud Well in Indonesia

Australia's Empyrean Energy provided an operational update in relation to the upcoming drilling campaign in the Duyung PSC in the West Natuna basin, offshore Indonesia,…
Monday, 19 August 2019 19:44

Cameron LNG Begins Commercial Service

North American energy infrastructure company Sempra Energy said that the first train of the Cameron liquefied natural gas (LNG) liquefaction export project in Louisiana has…
Monday, 19 August 2019 19:32

First Production for Freeport LNG

Freeport LNG has reached a new milestone - it has become the sixth major US liquefaction facility to start up, with the operator confirming that…
Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources with direct knowledge of…
Monterey Bay Community Power (MBCP) and Floating wind power developer Castle Wind, a joint venture between Trident Winds and EnBW North America, have signed a…
Sunday, 18 August 2019 19:41

TurkStream Terminal Nears Completion

Gazprom’s Turkish Stream (TurkStream), the natural gas pipeline running from the Russian Federation to Turkey, has been 95% completed. Image: TurkStream "Construction progress of the…
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