Daily Archives: January 26, 2017

Aspro Begins New Journey with Inverlat

By NGV Global Aspro APE70 CNG Compressor Latin American investment company Inverlat, already the owner of a diverse energy and retail portfolio, has acquired 53% of Aspro, a global Compressed Natural Gas (CNG) compressor manufacturer based in Argentina, which recently sold it’s 5,000th CNG compressor. The Inverlat Group’s intention, Aspro says, is to strengthen the…

Coalition calls for collaboration on boosting LNG as fuel

By LNG World News The industry coalition SEALNG said that it is crucial to understand the opportunities presented by the adoption of LNG as a marine fuel as well as to tackle the associated commercial barriers. With a major transition to stricter emissions levels from marine bunker fuel due in 2020, when the global Sulphur…

Keppel slashed thousands of jobs in 4Q as loss deepened

By Offshore Energy Today.. Singapore’s rig builder Keppel Offshore & Marine has reduced its workforce by 2,620 in the last quarter of 2016 and over 10,000 during the year. The company has also made plans to close three yards in Singapore. In its 4Q 2016 report on Thursday, the company said that, apart from reducing…