Natural Gas News

Hansa Heavy Lift transports subsea equipment for major oil project off Ghana coa

April 18, 2018: Hansa Heavy Lift has moved subsea equipment to assist with the development of the Offshore Cape Three Points (OCTP) Integrated Oil & Gas Development Project off the coast of Ghana.The voyages took place on-board the heavy lift vessels HHL Rhine and HHL Richards Bay, which transported the cargo between the ports of Panama City, Florida; Nymo, Norway; and Takoradi, Ghana.

Oil Plus Bags $1.5 Mi Middle East Deals

Oil Plus has secured contracts worth more than $1.5m over the past three months and has significantly expanded its footprint in the Middle East.The company has also reported a strong start to the year with sales up by 285% compared to the last quarter of 2017. Due to the surge of new business, the Newbury-based company…

Next generation drones aim to reduce offshore inspection costs

4/18/2018ABERDEEN -- Air Control Entech (ACE) and the Oil & Gas Technology Centre have launched three new-type unmanned aerial vehicles (UAVs), which aim to reduce offshore oil and gas inspection costs by up to 50%.While UAVs are typically used for visual inspection, ACEs next generation technology delivers a step change in capability and functionality…

Global Oil & Gas Subsea Umbilicals Market Segmentation by Produc

Global Oil & Gas Subsea Umbilicals Market Research Report 2018 contains historic data that spans 2013 to 2017, and then continues to forecast to 2025. That makes this report so invaluable, resources, for the leaders as well as the new entrants in the IndustryPune, India – April 17, 2018 /MarketersMedia/ — Global Oil & Gas…

New Offshore Decommissioning Barge

Longitude Engineering reportedly has developed a cost effective decommissioning barge concept for the removal of small oil and gas platforms for the PTT Exploration and Production (PTTEP), a subsidiary of the Thai state owned oil company. The aim was to develop a viable and cost-effective alternative to conventional ‘reverse…

Port of Tacoma: LNG plant a bad deal for citizens

Re: Port of Tacoma, Puyallup Tribe work to strengthen relationship, (TNT, 4/9).I read this op-ed by Port Commissioner John McCarthy. There are serious negatives with the Ports liquefied natural gas (LNG) refinery, which the Tribe opposes, such as:* Air pollution from natural gas leaks and LNG leaks during ship refueling: The LNG likely will not have odor but at 5 to 15 percent concentration…

Large legacy for National Marine Aquarium

The National Marine Aquarium (NMA) in Plymouth is to receive a substantial legacy from its late chairman. David Pridden, who sadly died in November last year, has bequeathed a major sum to support the organisations educational work, with the only stipulation being that funds must be matched from industry, organisations or individuals.With a long and illustrious career in the energy industry…

Why you shouldn't sign OC offshore wind petition: opinion

Offshore wind turbines placed by Deepwater Wind off the coast of Block Island, Rhode Island. Ocean City Council is concerned how they would look locally.(Photo: Deepwater Wind Image)Here are the top 10 reasons why people should not sign the petition recently sponsored by the Town of Ocean City and advertised in their news…

PetroVietnam eyes $500m bond sale

Vietnamese owner PetroVietnam is plotting a $500m bond issue.The Tuoi Tre daily reported the sale could take place in 2020, citing the company's 2017 to 2025 restructuring plan submitted to the ministry of industry and trade.It also plans to retain its 100% holding in PetroVietnam Exploration Production (PVEP) and Dung…

UPDATE 1-LPG, fuel oil tankers collide off Singapore coast

* Collision between tankers leads to butane leak * Leak poses no danger to shipping * Both ships have been stabilised * Ships chartered by Gyxis and Trafigura * (Adds MPA statement) By Roslan Khasawneh and Seng Li Peng SINGAPORE, April 17 (Reuters) - Singapore’s Maritime and Port Authority (MPA) said it is investigating…

Alberta stands up to British Columbia over Trans Mountain

April 17 (UPI) -- In a shot across the bow of its western neighbor, Alberta's provincial government said it proposed legislation that could block cross-border oil and gas flows.A consortium led by pipeline company Kinder Morgan in 2013 proposed an expansion that would triple the design capacity of its Trans Mountain oil pipeline to 890,000 barrels per day.

Ghost Ship defendant attorneys file motion to dismiss; cite destroyed evidence – East Bay Times

WATCH: Drone video above the Ghost Ship warehouse in Oakland.https://youtu.be/0Fl0MRx7D68CLICK HERE if you’re having trouble viewing the video on your mobile device.OAKLAND — The attorneys for Ghost Ship defendant Derick Almena filed a motion to dismiss his 36 counts of manslaughter for the deadly 2016 fire, citing that…

Euro Zone Bond Yields at Three-Week Highs as Syria Escalation Fears Ease

To view a graphic on Germany's Bund yield at 3-week high, click: https://reut.rs/2EOJb3DTen-year bond yields in France <FR10YT=RR>, Austria <AT10YT=RR> and the Netherlands <AT10YT=RR> also rose to their highest in about three weeks.European shares steadied as investors took the view that there would be no immediate military…

After weekend Line 5 shutdown, Enbridge taking closer look at damage

ST. IGNACE, MI -- Crews responding to a dielectric fluid spill in the Straits of Mackinac expect this week to get their first look at damage to underwater high-voltage power lines and oil and gas pipelines.Enbridge Energy reports their Line 5 oil and gas pipelines remain out of service, though the company hopes to resume pumping again once conditions allow.

UPDATE 1-Papua New Guinea LNG project resumes exports

(Adds comment from ExxonMobil) SINGAPORE, April 16 (Reuters) - A liquefied natural gas (LNG) tanker has left Papua New Guinea laden with the first export cargo of the supercooled fuel since the country’s giant LNG project resumed production after a major earthquake triggered a shutdown in February, Thomson Reuters Eikon shiptracking data showed on Monday.

Oil States International (OIS) & Forum Energy Technologies (FET) Head-To-Head Comparison

Oil States International (NYSE: OIS) and Forum Energy Technologies (NYSE:FET) are both small-cap oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, profitability, valuation, earnings and analyst recommendations.

Trump tweets 'Mission Accomplished' after Syria airstrike

WASHINGTON (AP) — Allied missiles struck at the heart of Syrian chemical weapons arsenal in a show of force and resolve aimed at punishing the Assad government for a suspected poison gas attack against civilians and deterring the possible future use of such banned weapons."A perfectly executed strike," President Donald…

Latest on bombing in Syria: All missiles reached targets, Pentagon says

WASHINGTON (AP) — President Donald Trump on Saturday declared ‘‘Mission Accomplished’’ for a U.S.-led allied missile attack on Syria’s chemical weapons program, but the Pentagon said the pummeling of three chemical-related facilities left enough others intact to enable the Assad government to use banned weapons against civilians if it chooses.‘‘A perfectly executed strike…

France Says Its Analysis Points to Syria Behind Douma Gas Attack

PARIS France has concluded after analysing "reliable intelligence" and open sources that a chemical attack on Douma on April 7 was carried out by Syrian government forces, a declassified intelligence report showed on Saturday."On the intelligence collected by our services, and in the absence to date of chemical samples analysed by our own laboratories…

Senators want temporary halt of oil flow through Great Lakes pipelines over possible damage

Michigan's two senators called Friday for temporarily shutting down twin oil pipelines in a sensitive Great Lakes waterway that may have been damaged by a ship anchor strike, which also is suspected in the leak of coolant fluid from nearby electric cables.With an underwater inspection planned for early next week, Democratic Sens.