zoomImage courtesy of Ophir Energy London-based Ophir Energy on Wednesday said that Medco Energi Global has decided to increase the recommended all cash offer to acquire Ophir. Ophir and Medco Energy reached an agreement in January to price the offer at 55 pence in cash for each Ophir share. On
Image courtesy of Polskie LNG The President Lech Kaczyński LNG terminal in Świnoujście, Poland, is awaiting the delivery of the twelfth spot cargo of the chilled fuel to the facility. Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) said on Wednesday that the LNG spot cargo would arrive at Świnoujście on Thursday.
Image courtesy of Petronet LNG India’s imports of liquefied natural gas (LNG) continued its decline reporting lower figures in February. According to the data from oil ministry’s Petroleum Planning and Analysis Cell (PPAC), India imported 1.9 million cubic meters during February 2019, 9.2 percent below the figures recorded in the
zoomImage courtesy of TurkStream Russian giant Gazprom said that the final weld that connects the offshore and the nearshore sections of TurkStream was completed, marking the finalization of the entire pipeline system in the Black Sea. The procedure, known technically as ‘Above Water Tie-In,’ involved retrieving the nearshore pipeline and
zoomImage courtesy of PetroVietnam Malaysian energy giant Petronas signed a binding heads of agreement with Vietnam Oil and Gas Group (PetroVietnam) for the sales and purchase of additional gas from Malaysia to Vietnam. According to the agreement, Petronas would deliver natural gas from Block PM3 CAA, Malaysia to Ca Mau
zoomImage courtesy of MAN Energy Solutions Singapore-based Eastern Pacific Shipping has exercised an option connected with an order for 5 15,000-TEU boxships placed in November 2017, and requested another six vessels. All 11 engines involved in the order will be powered by MAN B&W two-stroke engines, MAN Energy Solutions said
Image courtesy of Wärtsilä Finnish technology group Wärtsilä has been contracted to provide an integrated package of products, systems, and solutions for a new LNG/biogas Wasaline RoPax ferry. NLC Ferry operates the Wasaline service between Vaasa, Finland and Umeå, Sweden, and the new ferry being built by Rauma Marine Constructions
Hurtigruten’s Nordnorge (Image courtesy of Hurtigruten) Høglund, the marine solutions and system integration expert, has been awarded a contract to deliver biogas-ready fuel-gas supply systems (FGSS) for six Hurtigruten passenger ship retrofits. Høglund will work together with HB Hunte Engineering to design and engineer fully customized tank and FGSS solutions
zoomIllustration purposes only (Image courtesy of ExxonMobil) Illustration purposes only (Image courtesy of ExxonMobil) US energy giant ExxonMobil’s Russian unit could reach a decision on the front-end engineering design (FEED) on the Far East LNG project it is developing with Rosneft. During a conference in Russia, Exxon Neftegaz’ vice president