Daily Archives: May 12, 2020

Esvagt to reduce employee pay over COVID-19, oil price drop

Rate this article By Bojan Lepic Offshore vessel provider Esvagt has decided to streamline its operations and reduce pay to its workers and management to combat the consequences of the decreasing energy prices and COVID-19. The… … Read Full Article Here For more great articles: Offshore Energy Today

Lundin cleared to drill Barents Sea well

Rate this article By Bojan Lepic Swedish oil company Lundin Energy has been given a drilling permit to drill the 7219/11-1 well in the Barents Sea, offshore Norway. The post Lundin cleared to drill Barents Sea well appeared first… … Read Full Article Here For more great articles: Offshore Energy Today

Jera starts using GasLog LNG newbuild

Rate this article By Mirza Duran Japan’s liquefied natural gas trading giant Jera has started using a brand new LNG carrier as part of a long-term charter deal with GasLog. Image courtesy of GasLog To remind, Greece-based LNG shipper GasLog revealed last week it would take delivery of GasLog Wales from South Korea’s Samsung Heavy….

Vantage Drilling cuts losses

Rate this article By Bojan Lepic Offshore drilling company Vantage Drilling International saw its net loss shrink in the first quarter of 2019. The post Vantage Drilling cuts losses appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

PGS kicks off Viking Graben extension project

Rate this article By Adis Ajdin PGS seismic vessel Ramform Vanguard has begun a new multi-azimuth marine seismic survey in […] The post PGS kicks off Viking Graben extension project appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Wärtsilä regas modules for China’s first FSRU

Rate this article By Adnan Bajic The Finnish technology group Wärtsilä has recently managed and completed the delivery of regasification modules for China’s first newbuild LNG FSRU. Image courtesy of Logistic Plus The vessel, the Transgas Power, was built at the Hudong-Zhonghua shipyard in Shanghai for Greek operator Dynagas. Delivery of the three large-scale modules…

Petrobras hits two new oil discoveries offshore Brazil

Rate this article By Nermina Kulovic Petrobras has made two new oil discoveries in Brazil’s offshore waters. The post Petrobras hits two new oil discoveries offshore Brazil appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Petrofac scoops more work with BP

Rate this article By Bojan Lepic Oilfield services provider Petrofac has won a three-year extension to its existing maintenance contract with oil major BP. The post Petrofac scoops more work with BP appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today

EIA: India’s LNG imports limited by pipeline build

Rate this article By Adnan Bajic The future growth of India’s liquefied natural gas (LNG) imports will depend on the construction of the connecting pipeline infrastructure. Illustration purposes only (Image courtesy of Petronet LNG) India has been the world’s fourth-largest importer of liquefied natural gas (LNG) since 2011. India has been gradually increasing LNG imports…