SLB said on Tuesday that its OneSubsea joint venture has won the subsea production contract for the first phase of Rovuma LNG, the 18.6 million tonne a year export project ExxonMobil leads in northern Mozambique. Phase one links 18 subsea wells in Area 4, through pipelines and…
At least four laden LNG carriers left the Persian Gulf through the Strait of Hormuz in the week to September 24, and at least two more sailed in…
Saudi Arabia is sending crude back through the Strait of Hormuz faster than the workaround can absorb it. The ship-to-ship transfer operations in the…
At least four LNG carriers went through the Strait of Hormuz in the past week, two heading out loaded and two coming in empty. One of the loaded…
The Strait of Hormuz has been shut to normal commercial shipping since February 28, when the US and Israel struck Iran and the IRGC started warning…
Tanker owners have ordered more very large crude carriers this year than at any point in more than a decade, and the count keeps climbing. Estimates…
The fighting around Hormuz has turned into something the tanker trade has seen before. A tanker war. Over the weekend of September 5 and 6, the…
Oil and LNG get the headlines, but the Gulf also ships a large share of the world's fertilizer and the raw materials used to make it. About a third…
Iran and Oman have agreed on a temporary shipping corridor through the Strait of Hormuz. Iran's deputy foreign minister, Kazem Gharibabadi, announced…
The two Gemini Cooperation partners reported second-quarter results a day apart, and both raised their full-year guidance. That's where the…
More than four months into the Gulf war, about 8,000 seafarers from outside the region are still stuck on ships inside the Persian Gulf. At the peak…
Iran now has an agency for Hormuz. The Persian Gulf Strait Authority, set up in early May, says it authorizes and regulates transit through the…