By Naida Hakirevic Different zero-carbon fuel options are more competitive in different decades and there is not one option which is the most competitive from today through to 2050, a new paper finds. Photo: Pixabay The paper, published by classification society Lloyd’s Register and the UK’s University Maritime Advisory Services (UMAS), is an assessment of…
By Bojan Lepic Australia-based Triangle Energy has identified three key opportunities that could be drilled and developed from the existing Cliff Head Alpha platform offshore Western Australia. The post Triangle… … Read Full Article Here For more great articles: Offshore Energy Today
By Mirza Duran South Korea’s Daewoo Engineering & Construction said Thursday it has won a $50 million contract to carry out piping works at the BP-operated Tangguh LNG export facility in Indonesia. Tangguh Train 3 (Image courtesy of Daewoo E&C) The contract is a part of the Tangguh expansion project which includes the addition of…
By Adnan Bajic Lloyd’s Register has been contracted as the classification society for two new LNG-fueled 95-meter multi-role German vessels. The pair has been ordered by the German Federal Waterways and Shipping Administration at the Abeking & Rasmussen Schiffs- und Yachtwerft. The vessels will be capable of performing a number of tasks, such as emergency…
By Adnan Bajic US LNG equipment maker Chart Industries on Thursday reported a jump in first-quarter profit. The company reported a net income of $8.5 million in the quarter. This compares to $0.9 million in the corresponding quarter in 2019, and $12.4 million in the previous quarter. First-quarter 2020 orders of $304.3 million were 34…
By Nermina Kulovic A charter for a Floatel International-owned flotel with Ineos in the UK North Sea has been postponed for 2021. The post Ineos pushes charter of Floatel unit to 2021 appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today
By Bojan Lepic Norwegian oil major Equinor has decided on a cash dividend of $0.09 per share for the first quarter of 2020, a reduction of 67 per cent compared to the fourth quarter of 2019. The post Equinor… … Read Full Article Here For more great articles: Offshore Energy Today
By Adis Ajdin Houston-based offshore services and robotics specialist Helix Energy Solutions has reported net loss of […] The post Helix Energy Solutions swings to quarterly loss appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today
By Bojan Lepic Petrofac is preparing to extend its provision of operations and maintenance services to Repsol Sinopec Resources UK following an enhancement to its existing contract. The post Repsol Sinopec expands… … Read Full Article Here For more great articles: Offshore Energy Today
By Naida Hakirevic Finnish technology group Wärtsilä has received an order to develop a design for up to six new luxury expedition cruise vessels to be owned and operated by Amundsen Expeditions. Photo: Wärtsilä As informed, the 200-passenger newbuilds are primarily intended for the growing Chinese market. The design order with Wärtsilä was signed in…