Wärtsilä reliquefaction tech picked for Knutsen LNG pair

By Adnan Bajic The Finnish technology group Wärtsilä has been contracted to supply its reliquefaction plant for Knutsen’s LNG carrier pair. Courtesy of Wärtsilä The ships are to be built at the Hyundai Heavy Industries shipyard in South Korea. The order, which includes an option for an additional two vessels, was placed in November 2020,…

Tellurian names new CEO, adds to board

By Adnan Bajic US LNG export project developer, Tellurian has appointed a new president and CEO, and added to its board of directors. The company said on Monday, it has appointed Octávio Simões as president and CEO, while Jonathan Gross and Jean Abiteboul have been named independent board members. Octávio Simões (Courtesy of Tellurian) Simões…

Eco Atlantic lands reissued licences offshore Namibia

By Bojan Lepic Oil firm Eco Atlantic Oil & Gas has successfully negotiated the reissuance of its four licences in the Walvis Basin offshore Namibia conditional to customary final government signature. The post… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments

Clarksons: 27% of the order book to run on alternative fuels

By Jasmina Ovcina CMA CGM Jacques Saade bunkered by Gas Agility in Rotterdam; Image by CMA CGM Alternative fuels are gaining traction in the maritime industry amid growing regulatory pressure and currently, they account for 3.5% of the fleet, and 27% of the order book by tonnage, data from Clarksons Research shows. Liquified natural gas…

Ørsted completes LNG business sale to Glencore

By Adnan Bajic Danish renewable energy company Ørsted has completed the sale of its liquefied natural gas (LNG) business to Glencore. Courtesy of Ørsted Ørsted has divested its LNG business due to the company’s strategic focus on renewable energy. Included in the agreement is Ørsted’s long-term agreement with the Dutch LNG regasification terminal Gate in…

Enhanced Drilling bags framework deal with Vår Energi

By Adis Ajdin Norway-based Enhanced Drilling has secured a framework agreement with energy company Vår Energi. The […] The post Enhanced Drilling bags framework deal with Vår Energi appeared first on… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments

Chevron makes leadership changes and adds new board member

By Nermina Kulovic U.S. oil major Chevron has made a couple of leadership changes and added a new member to its board of directors. The post Chevron makes leadership changes and adds new board member appeared first… … Read Full Article Here For more great articles: Offshore Energy Today Comments comments

Sempra forms new unit to integrate LNG, renewables

By Adnan Bajic San Diego-based energy company and LNG operator Sempra Energy has made changes to its structure creating a new infrastructure platform. Courtesy of Sempra Energy The company said on Wednesday it made a series of integrated transactions intended to simplify its energy infrastructure investments under one platform – creating scale, unlocking portfolio synergies…

Croatia’s first FSRU arrives at Krk island

By Adnan Bajic Croatia’s first floating storage and regasification unit (FSRU) LNG Croatia has reached the terminal site on the Island of Krk. Image courtesy of LNG Croatia The company developing the import facility, LNG Croatia, said that the vessel was moored and the commissioning activities kicked off. During this phase, the company plans to…