China’s Shenzhen to become international LNG bunkering hub
By Mirza Duran China will build its first liquefied natural gas bunkering center for international vessels in the city of Shenzhen as part of a deal signed on Wednesday. The signing ceremony (Image: Yantian Port Group) The project is a joint effort that includes Yantian Port Group, state-owned energy giant PetroChina, and city gas supplier…
Green light to Ineos for Cavendish field decommissioning plan
By Bojan Lepic UK authorities have approved Ineos’ plan for the removal of the Cavendish platform and associated pipelines located in the UK southern North Sea. The post Green light to Ineos for Cavendish field… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments
Gunvor trading volumes pushed by LNG
By Adnan Bajic Geneva-headquartered commodities trading house Gunvor reported a rise in trading volumes for the year 2019. The post Gunvor trading volumes pushed by LNG appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today Comments comments
Aker BP looking to decrease carbon footprint with new tech deal
By Bojan Lepic Norwegian oil and gas company Aker BP has signed an agreement with compatriot maritime tech company Yxney Maritime for a software solution which would assist with offshore carbon emission cuts. The… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments
Gulf of Mexico operators evacuating workers ahead of storm
By Nermina Kulovic Gulf of Mexico operators are removing workers from its offshore assets and ramping down production due to an incoming tropical storm. The post Gulf of Mexico operators evacuating workers ahead of… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments
Infrastrata acquires UK FSRU project
By Adnan Bajic The London Stock Exchange-listed InfraStrata, a company focused on the development of natural gas storage capacity, has pulled the trigger for the acquisition of Meridian Holdings. To remind, Meridian Holdings is proposing the development of a floating storage and regasification unit (FSRU) project in Barrow-in-Furness, northwest England. InfraStrata has now entered into…
Poland’s PGNiG profit hit by impairments
By Mirza Duran Poland’s dominant gas firm and LNG importer PGNiG reported a 29 per cent lower net profit in the first quarter, hit by impairments. Swinoujscie LNG terminal (Image: PGNiG) Quarterly net profit stood at 779 million Zlotys ($196m) when compared to 1.1 billion Zlotys in the January-March period last year. Revenue also declined…
Drones flying off into brighter offshore future
By Bojan Lepic With COVID-19 still a concern and climate change being a major talking point all around the world, drone operators and innovators are trying to test and push the limits of usefulness of drones in the… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments
Irregularities found during emergency preparedness audit of Valaris rig
By Bojan Lepic Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found several irregularities regarding the emergency preparedness on the Valaris-owned Valaris JU-292 rig, formerly known… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments
Companies team up to build world’s first shallow draft ice-breaking W2W vessel
By Bojan Lepic Royal Niestern Sander shipyard and a joint-venture between Mercury Sakhalin and Pola have signed an agreement for the construction of the world’s first shallow draft ice-breaking walk to work… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments