By Nermina Kulovic Eni booked a net loss of over $3 billion in the first quarter of the year due to the overlapping effects of the coronavirus pandemic and the oil price collapse. The post Eni posts $3 billion loss,… … Read Full Article Here For more great articles: Offshore Energy Today
By Bojan Lepic Oil and gas company Perenco has submitted its draft decommissioning programs for four Amethyst gas field topsides to the UK authorities. The post Perenco files decommissioning plan for four Amethyst… … Read Full Article Here For more great articles: Offshore Energy Today
By Bojan Lepic Eidesvik Offshore and Seabed Geosolutions have agreed to amend the contract for the node-handling vessel Subsea Viking, putting it on standby. The post Seabed Geosolutions puts Eidesvik’s… … Read Full Article Here For more great articles: Offshore Energy Today
By Nermina Kulovic i3 Energy is in talks with its noteholders to waive its previously agreed condition, requiring it to enter into a lending facility or find alternative means to fund its Liberator development by the… … Read Full Article Here For more great articles: Offshore Energy Today
By Adnan Bajic The United States Department of Energy informs it has received Epcilon LNG’s application seeking long-term natural gas export permit. Image courtesy of Amigo LNG Epcilon LNG is looking to export up to 395 billion cubic feet of domestically produced natural gas per year (7.9 mtpa) to Mexico. The company intends to re-export…
By Naida Hakirevic Qatari maritime group Qatar Navigation (Milaha) Q.P.S.C. closed the first quarter of this year with a slight increase in its net income, driven by higher earnings of the company’s tanker and gas carrier business. Milaha’s net profit rose by 1.8 per cent to QAR 283 million (around USD 78 million) in the…
By Mirza Duran Chinese shipbuilder Cosco Shipping Heavy Industry said it has delivered a 28,000 cubic meter liquefied natural gas carrier. Image courtesy of Cosco Shipping Heavy Industry This is the first-ever LNG vessel built and delivered by Cosco Shipping Heavy Industry’s Dalian shipyard, the shipbuilder said in a statement. Dalian Inteh Group placed an…
By Nermina Kulovic Maersk Drilling has decided to stack a number of its North Sea drilling rigs to adapt to the changing market environment. The post Maersk Drilling to reduce offshore crew as North Sea rigs go into… … Read Full Article Here For more great articles: Offshore Energy Today
By Jasmina Ovcina There are 27 oil tanker vessels with more than 20 million barrels of crude […] The post 27 oil tankers with nowhere to unload parked off Californian coast appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today
By Bojan Lepic Long-time chairman of Russian oil and gas company Lukoil and “founding father” of the Soviet oil industry has passed away following a long illness. The post ‘Founding father’ of Soviet… … Read Full Article Here For more great articles: Offshore Energy Today