Daily Archives: June 4, 2020

US weekly LNG exports drop to ten cargoes

Rate this article By Mirza Duran The United States exported less liquefied natural gas cargoes in the week ending June 3 when compared to the week before, according to the Energy Information Administration. Image courtesy of Cheniere The agency said in its weekly gas natural gas report that five US terminals dispatched ten LNG cargoes…

Gulf of Mexico operators evacuating workers ahead of storm

Rate this article By Nermina Kulovic Gulf of Mexico operators are removing workers from its offshore assets and ramping down production due to an incoming tropical storm. The post Gulf of Mexico operators evacuating workers ahead of… … Read Full Article Here For more great articles: Offshore Energy Today

Eidesvik secures more vessel work with Aker BP

Rate this article By Nermina Kulovic Eidesvik Offshore has been awarded a four-month extension to the current time charter party for the platform supply vessel MV Viking Lady with Aker BP. The post Eidesvik secures more vessel work… … Read Full Article Here For more great articles: Offshore Energy Today

Poland’s PGNiG profit hit by impairments

Rate this article By Mirza Duran Poland’s dominant gas firm and LNG importer PGNiG reported a 29 per cent lower net profit in the first quarter, hit by impairments. Swinoujscie LNG terminal (Image: PGNiG) Quarterly net profit stood at 779 million Zlotys ($196m) when compared to 1.1 billion Zlotys in the January-March period last year….

LNG Limited completes Magnolia sale

Rate this article By Adnan Bajic Cash-strapped LNG Limited has finally agreed the sale of its Magnolia liquefied natural gas export project at the third time of asking. Courtesy of LNG Limited Namely, the deal agreed in May with UK-based privately held company Global Energy Megatrend fell through, the company’s administrators PricewaterhouseCoopers noted in a…

Gasum bunkers Heerema’s LNG-fueled Sleipnir

Rate this article By Adnan Bajic The Nordic energy company Gasum completed a liquefied natural gas (LNG) bunkering for Heerema’s Sleipnir, in Åmøyfjorden, Norway. Courtesy of Heerema Gasum performed the LNG bunkering at the beginning of May for the largest semi-submersible crane vessel in the world, which has a lifting capacity of 20,000 tonnes. Sleipnir…