Daily Archives: May 11, 2020

Equinor granted drilling permit for North Sea well

Rate this article By Bojan Lepic Norwegian oil major Equinor has been given a drilling permit to drill the 30/2-5 S well in the North Sea, offshore Norway. The post Equinor granted drilling permit for North Sea well appeared first… … Read Full Article Here For more great articles: Offshore Energy Today

Harvey Gulf extends deals for LNG PSV pair

Rate this article By Adnan Bajic Harvey Gulf International Marine, the New Orleans-based LNG-powered PSV owner and LNG bunkering pioneer, secured contract extensions for a pair of its vessels. Image courtesy of Harvey Gulf Harvey noted it has signed two 18-month contract extensions for two of its LNG-powered PSV’s. The extensions will keep both vessels…

Gasum kicks off LNG supply under Equinor deal

Rate this article By Adnan Bajic The Nordic energy company Gasum has made the first delivery of liquefied natural gas to Equinor under the supply deal signed in January. Image courtesy of Gasum Under the agreement, Gasum will be supplying LNG to Equinor-chartered crude shuttle tankers. The first operation has been completed at Skagen where…

BIMCO: The crash of the bunker market and post-IMO 2020 reality

Rate this article By Jasmina Ovcina The collapse of the oil market has seen prices of marine fuels compliant with the IMO 2020 sulphur regulation dwindle providing some ease for shipowners in the unprecedented economic crash. “From a shipowner’s or charterer’s perspective, the lower bunker prices provide a glimmer of hope in bleak times. Perhaps…

Ulstein delivers two platform suppliers to COSL

Rate this article By Bojan Lepic Norwegian shipbuilder and designer Ulstein has delivered two platform supply vessels of the Ulstein PX121 design to China Oilfield Services Limited (COSL). The post Ulstein delivers two platform… … Read Full Article Here For more great articles: Offshore Energy Today

MISC posts quarterly loss, LNG revenue grows

Rate this article By Mirza Duran Malaysian shipping company MISC reported a net loss in the first quarter of this year but the company’s liquefied natural gas business logged a 11.3 per cent rise in revenue. LNG carrier Seri Camellia (Image courtesy of MISC) MISC’s 1 .16 billion ringgit ($270 million) loss in the quarter…