News

  • Sleipnir takes onboard large LNG consignment

    Heerema’s semi-submersible crane vessel Sleipnir has received the largest LNG bunkering ever completed, the company claims.   Titan LNG performed the delivery of almost 3,300 metric tons (3,637 tons) within a 24-hour period, using the LNG carrier Coral Fraseri in the Port of Rotterdam.  …

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  • Using Fibre Optics to Advance Safe and Renewable Energy

    Fibre optic cables, it turns out, can be incredibly useful scientific sensors. Researchers at Lawrence Berkeley National Laboratory (Berkeley Lab) have studied them for use in carbon sequestration, groundwater mapping, earthquake detection, and monitoring of Arctic permafrost thaw.   Now they have been awarded new grants…

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  • Grupa Lotos formally wraps EFRA project at Gdańsk refinery

    Grupa Lotos SA and subsidiary Lotos Asfalt Sp Z o o have completed reliability testing to officially conclude the long-planned effective refining programme (EFRA) to increase the yield of high-margin middle distillates while simultaneously reducing output of less-profitable heavy products at the companies’ jointly shared…

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  • Insurance Jottings

    How Coronavirus Crisis Has Changed Underwriting at Lloyd’s Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them.   Working at home due to the coronavirus lockdown, they have abandoned…

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  • US Energy Dominance Under Threat

    The United States’ energy dominance is now under direct threat, according to six US senators.   That is according to an open letter sent to US Secretary of State Mike Pompeo on the 25th March, which was signed by six US senators.   “During this…

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  • Shell taps Aker Solutions for brownfield services job in Brunei

    Norwegian oilfield services provider Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Shell in Brunei.   Aker Solutions said on the 29th March that the scope of work covers maintenance…

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  • North Sea pipeline shutdown will raise UK oil output

    INEOS’ announcement that it would postpone its scheduled maintenance for the Forties pipeline system (FPS) in the UK central North Sea could add several hundred thousands of extra barrels a day to the market, Rystad Energy has warned.   The consultant has consequently raised its…

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  • Rosneft sells its Venezuelan assets

    Rosneft has announced the termination of its operations in Venezuela and the disposal of its assets, related to operating in Venezuela.   Rosneft has concluded an agreement with the company 100% owned by the Government of Russian Federation, to sell all of its interest and…

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