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QatarEnergy Stops LNG, Some Downstream Production

QatarEnergy has announced the halt of LNG and “some” downstream production in separate statements posted on its website this week.In a statement posted on...

Kayrros Says Saudi Oil Storage Filling Fast

Major oil storage sites in Saudi Arabia are filling rapidly as the key export route through the Strait of Hormuz effectively remains closed to...

Hong Kong sees first LNG ship-to-ship bunkering for very large crude carrier

CNOOC (Shenzhen) International Marine Clean Energy, a subsidiary of Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC), and CLPe, a...

Germany’s SEFE nails down 8-year LNG offtake with South American firm

Germany’s Securing Energy for Europe (SEFE) has finalized a multi-year liquefied natural gas (LNG) supply agreement with Argentina’s Southern Energy (SESA) against the backdrop...

Fully certified Reach Remote USV to inspect Gassco’s subsea pipelines

Norway’s Reach Subsea has won a contract to perform an external inspection of a large part of the subsea pipeline portfolio of Norwegian state-owned...

Red hot VLCC market hits new highs amid US – Iran tensions

The VLCC market is red hot driven by combination of US – Iran tensions and Sinokor’s control of nearly 25% of the spot market.This week...

First offshore vessel to operate on ammonia coming this autumn

Norwegian offshore vessel owner Eidesvik Offshore has tasked Halsnøy Dokk with the conversion of the platform supply vessel (PSV) Viking Energy to ammonia-powered operations. The...

Crude Volatile Ahead Of Iran Talks

Oil wavered as traders balanced expectations of modest OPEC production hikes in April and bearish US government data against increasing pressure on Iran over...

Saudi Arabia, Iran Boost Oil Exports amid Rising Mideast Tensions

Saudi Arabia and Iran are both accelerating oil exports, adding barrels to global markets at a time when the US is deploying military assets...

Saipem loses drillship deal to higher bidder

  Norwegian drillship owner Deep Value Driller has decided to sell its seventh-generation drillship Deep Value Driller to Eldorado Drilling after having received a higher...

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