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Free ReadAustralian company Beach Energy and Mitsui and Co. of Japan have taken a positive final investment decision for stage-two development of the Waitsia onshore natural gas field that will contribute to equity LNG production in Western Australia by 2023. Beach and Mitsui each own 50 percent of the venture and…
The American Bureau of Shipping, the US classification society, has approved a new offshore repair method developed jointly by Japanese companies Modec and Toray Industries for hull structures of floating oil and gas production facilities essential to many LNG and energy projects.
Belgian shipping company Exmar, owner of the “Tango FLNG” barge last deployed in Argentina and now up for re-charter, said it was getting its finances back on track after payments from Argentine energy company YPS and financing deals for other parts of its fleet.
Australian LNG operator Woodside Petroleum has completed its acquisition of a stake valued at more than US$600 million from UK-listed Cairn Energy, giving it overall control of the oil development in Senegal offshore West Africa, which has emerged as a major Atlantic Margin oil and gas province amid major discoveries.
Free ReadThe European Commission is giving financial support for the construction of the first LNG bunkering barge to operate in the Port of Algeciras near the Strait of Gibraltar under a project backed by Enagás, the Spanish gas network and LNG terminal operator as well as the local Port Authority. The…