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LNG

Europe to increase purchases of US LNG

Europe will reportedly soon be adding to its import terminal infrastructure in order to purchase greater quantities of US LNG.

 

Total acquires two gas power plants

Total has announced that it has signed an agreement with KKR-Energas to acquire its two gas-fired combined cycle power plants in the North and East of France.

 
 

Shell launches US$25 billion buyback plan

Royal Dutch Shell launched a long-anticipated US$25 billion share buyback programme on 26 July as its debt eased while second quarter profits came in far below forecasts.

 
 
 
 
 
 

Beehive 3D seismic survey commences

Melbana Energy has announced that the acquisition of the Beehive 3D Seismic Survey has commenced, close to the Ichthys LNG project near Darwin.

 

Saipem eyeing engineering acquisitions

Saipem said it is considering acquisitions in engineering and construction as it shifts its business away from drilling activity, which has dragged on earnings.

 

BP, Eni and Shell are best-in-class

Investors should feel confident about BP’s, Eni’s and Shell’s increased wave of new project approvals during the recent downturn.

 

An evolution in mooring technology

Nylacast introduce the Chock Liner with its patented low friction technology supporting safe and reliable moorings of vessels of all types and purpose.