Daily Archives: April 20, 2020

UK to avoid shut-ins even with $20 oil prices, Rystad says

Rate this article By Nermina Kulovic With the reality that Brent oil prices are scratching closer and closer to $20 per barrel, shut-ins are already happening around the world. Even if prices reach this threshold, the UK will avoid… … Read Full Article Here For more great articles: Offshore Energy Today

Qatar’s Nakilat sees Q1 profit rise

Rate this article By Mirza Duran Qatar’s Nakilat, the world’s largest liquefied natural gas shipper, reported an 18 per cent rise in its first-quarter profit. Image courtesy of Nakilat Nakilat said Monday its net profit reached 279.5 million Qatari riyals ($76.7 million) in the January-March period. Quarterly revenue also increased by 13 per cent year-on-year…

Impairments push Halliburton into $1 billion loss

Rate this article By Nermina Kulovic Giant oilfield services provider Halliburton booked a $1 billion loss in the first quarter of this year compared to a profit in the same period of 2019 The post Impairments push Halliburton into $1… … Read Full Article Here For more great articles: Offshore Energy Today

Trio studies Singapore floating data park, LNG power

Rate this article By Mirza Duran Keppel Data Centres said on Monday it has signed deals with Australia-based Toll Group and Dutch Vopak to study the feasibility of developing a floating data park and LNG-to-power infrastructure in Singapore. Under the memorandum of understanding, Keppel Data Centres and Toll Group will explore the development of a…

World’s two largest pipelay vessels meet in Rotterdam

Rate this article By Nermina Kulovic Two giant pipelay vessels owned by offshore contractor Allseas are now, for the first time ever, both in Rotterdam, the Netherlands. The post World’s two largest pipelay vessels meet in Rotterdam… … Read Full Article Here For more great articles: Offshore Energy Today

Vår Energi creates new VP role for Aker Energy man

Rate this article By Nermina Kulovic Norwegian oil and gas company Vår Energi has named Bjørn Thore Ribesen as its vice president Field Development & Projects. The post Vår Energi creates new VP role for Aker Energy man appeared… … Read Full Article Here For more great articles: Offshore Energy Today

SeaBird in new source contract in South America

Rate this article By Anela Dokso SeaBird Exploration has secured a letter of award for a source contract in South […] The post SeaBird in new source contract in South America appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

BP inks LNG supply deal with China’s Foran Energy

Rate this article By Mirza Duran UK-based energy giant BP has signed a liquefied natural gas supply deal with Chinese city gas supplier Foran Energy. Image courtesy of Foran Energy Foran and BP’s Chinese unit signed the deal via a video conference on April 17. Under the agreement, BP will be supplying up to 600,000…

Gasunie joins PosHYdon pilot project

Rate this article By Adnan Durakovic Dutch energy infrastructure company Gasunie has joined the PosHYdon pilot, a project that aims […] The post Gasunie joins PosHYdon pilot project appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today