Daily Archives: April 28, 2020

Tellurian agrees $50 mln financing

By Adnan Bajic US LNG export project developer, Tellurian has secured a $50 million financing in a push to build cash reserves. Driftwood LNG project developer noted that the financing has been secured through a deal to sell $56 million notes for gross proceeds of $50 million and provide the lender with warrants to purchase…

Polish LNG terminal unloads 92nd cargo

By Adnan Bajic Polish liquefied natural gas (LNG) import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Tuesday. Image courtesy of Polskie LNG The terminal operator, Polskie LNG said in a brief statement through its social media channels that this was the 92nd delivery to the terminal. The cargo…

Mota-Engil, Besix score Mozambique LNG deal

By Mirza Duran A partnership consisting of Portugal’s Mota-Engil and Besix of Belgium has secured a contract […] The post Mota-Engil, Besix score Mozambique LNG deal appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Neptune kicks off Fenja drilling campaign

By Nermina Kulovic Neptune Energy has kicked off its Fenja drilling campaign, located offshore Norway, following the spud of the first well. The post Neptune kicks off Fenja drilling campaign appeared first on… … Read Full Article Here For more great articles: Offshore Energy Today

OKEA dives deeper into the red

By Nermina Kulovic OKEA sank deeper into the red in the first quarter of the year affected by lower oil and gas prices and sales volumes resulting in impairments of over $60 million. The post OKEA dives deeper into… … Read Full Article Here For more great articles: Offshore Energy Today

Fos Cavaou LNG terminal unloads milestone cargo

By Adnan Bajic Fosmax LNG, a unit of the French LNG terminal operator Elengy, has completed a milestone unloading at the Fos Cavaou terminal. Image courtesy of Fosmax LNG Through its social media channels, Fosmax LNG said that over the weekend it has unloaded its fourth Q-Max LNG carrier at the facility. The vessel is…