BP has been hired by Oil and Natural Gas Limited (ONGC) to handle the decline in hydrocarbon production levels at a giant oil field in the country’s waters. The post BP tackling production decline at ‘largest and most prolific’ oil field offshore India appeared first on Offshore Energy.
President Trump’s proposed 25% tariffs on steel and aluminium imports into the US on top of existing duties would be a ‘devastating blow’ to the UK industry, according to the UK Steel Director General. Gareth Stace said the US is the UK’s second largest export market after the EU and at a time of shrinking demand and high costs, rising protectionism will stifle exports and damage over £400m-worth of the steel sector’s contribution to the UK’s balance of trade. “It is deeply disappointing if President Trump sees the need to target UK steel, given our relatively small production volumes compared to major steel nations,” he said. The UK supplies the US with products for defence, aerospace, stainless, and other critical sectors, exporting around 200,000 tonnes annually. It is currently partially shielded from the effects of… Read More »US tariffs on steel would be ‘devastating blow’ for UK | United Kingdom
Eni has refuted the conclusions drawn by Exmar, concerning the latter’s bonus expectations based on the production data for a floating liquefied natural gas (FLNG) unit the firm sold to the Italian player. The post Eni rebuts Exmar’s FLNG bonus entitlement claim appeared first on Offshore Energy.
Singapore-based shipbuilder Strategic Marine has signed a contract with Odyssey Group under which it […] The post Singapore’s Strategic Marine to build survey vessel for Australian firm appeared first on Offshore Energy.
First liquified natural gas (LNG) production has been achieved at a gas development offshore Mauritania and Senegal operated by the UK’s energy giant BP. The post First LNG produced at BP’s huge project offshore West Africa appeared first on Offshore Energy.
The Port of Klaipėda in Lithuania has begun installing the required infrastructure to supply […] The post Klaipėda Port kicks off quay electrification project appeared first on Offshore Energy.
ASX-listed Hartshead Resources has submitted a program and budget for the development of a new gas export route from a production license situated on the United Kingdom Continental Shelf (UKCS) for approval to its partners in the P2607 joint venture (JV). The post Hartshead seeks partners’ approval for revised offtake route in North Sea gas project appeared first on Offshore Energy.
Four 18,000 cubic meter (cbm) LNG bunkering vessels will be built by HD Hyundai Mipo in Ulsan. The post HD Hyundai Mipo books $372 million order for LNG bunkering quartet appeared first on Offshore Energy.
German cruise line TUI Cruises, a joint venture between TUI AG and Royal Caribbean […] The post TUI Cruises bids welcome to inaugural LNG-powered Mein Schiff Relax cruise ship appeared first on Offshore Energy.
China’s green energy technology company Dealfeng New Energy Technology recently completed a multi-million RMB Pre-A Series funding round, attracting investment by TZME (TianJin), a compatriot company active in the mechanical equipment industry. The post Dealfeng to strengthen position in wind propulsion market with new partner onboard appeared first on Offshore Energy.