News

  • AET completes its first ever LNG bunkering in the US

    AET has completed its first ever LNG bunkering in the US. It worked in coordination with Shell to refuel the LNG dual-fuel Aframax tanker Pacific Ruby outside Port Canaveral in Florida.   The transfer of 600 metric tons of marine LNG onto the 113,305-dwt petroleum…

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  • Bounty enters offshore Carnarvon basin

    Bounty Oil and Gas NL, Sydney, has acquired a 25% interest in four shallow water exploration permits in the Carnarvon basin of Western Australia from Coastal Oil and Gas Pty Ltd, Perth.   The binding farm-in agreement includes inshore permits EP475, EP490, EP491, and TP27…

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  • ExxonMobil to Build Plastic Recycling Plant in Texas

    ExxonMobil has announced plans to build its first, large-scale plastic waste advanced recycling facility in Baytown, Texas.   Upon completion of the facility, which is expected to start operations by year-end 2022, the operation in Baytown will be among North America’s largest plastic waste recycling…

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  • South Field Energy Begins Commercial Operation

    Advanced Power has announced that commercial operation has begun at South Field Energy, a 1,182-megawatt, low-carbon combined-cycle natural gas electric generating facility located in Columbiana County, Ohio.   Advanced Power and an investor group consisting of Kyushu Electric Power Company, Inc, NH-Amundi Asset Management, PIA…

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  • Suriname’s Staatsolie inks 30-year PSC with Chevron

    Suriname’s national oil company Staatsolie has signed a 30-year production sharing contract (PSC) with oil major Chevron for Block 5 located offshore Suriname. Staatsolie shared the update on the 13th October, saying that it was giving Chevron exploration, development, and production rights by entering into…

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  • Bureau Veritas and AYOP hook up to address decommissioning challenge

    Testing, inspection, and certification specialist Bureau Veritas has joined Dutch advocacy and networking group Amsterdam IJmuiden Offshore Ports (AYOP), which has over 100 members, to tackle the decommissioning challenge.   AYOP’s members include companies, regional government bodies, and research & education institutes active in offshore…

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