By Adnan Bajic Minerva Gas, the Greek LNG carrier owner and operator, has launched its newbuild vessel at Samsung Heavy Industries in South Korea. Courtesy of Minerva Gas The vessel, Minerva Kalymnos is capable of transporting 174,000 cubic meters of liquefied natural gas. The company noted in its statement SHI performed the launching on July…
By Adis Ajdin Norwegian geophysical services company EMGS has seen its second-quarter loss widened as revenues slipped […] The post EMGS loss widens on halved revenues appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today
By Adnan Bajic Golar Power has executed a memorandum of understanding with Norsk Hydro to develop the first LNG terminal in the North of Brazil. Illustration only. Courtesy of Golar LNG According to Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners, this is a major step towards one of the largest…
By Jasmina Ovcina The condition of the decaying oil storage vessel Safer, floating north of Hodeidah, Yemen, […] The post UN Security Council urged to prevent oil spill from leaking oil tanker wreck off Yemen… … Read Full Article Here For more great articles: Offshore Energy Today
By Naida Hakirevic The Dutch Port of Rotterdam, Europe’s largest sea port, saw a 9.1 per cent decrease in its throughput in the first half of 2020 as a result of the economic impact of the COVID-19 pandemic. Total throughput stood at 218.9 million tonnes in H1 2020, compared to 240.9 million tonnes seen in…
By Nermina Kulovic Repsol booked a loss in the second quarter of the year after being forced to re-evaluate its upstream assets due to the effects of the coronavirus pandemic and the low oil price environment. The… … Read Full Article Here For more great articles: Offshore Energy Today
By Jasmina Ovcina Seven months into the implementation of the IMO 2020 sulphur cap, which shaped a monumental shift for the shipping industry to less-polluting fuels, the issues with regard to the quality of bunkers persis, despite being sidetracked by the COVID-19 pandemic. Speaking in a recent webinar hosted by Capital Link, Nikolas P. Tsakos,…
By Adis Ajdin PGS has seen its Q2 2020 loss widened, as revenues fell more than 50 […] The post More red ink for PGS appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today
By Mirza Duran US LNG equipment maker Chart Industries saw a record quarterly intake of orders in the fueling segment as it also won a contract to build a small-scale terminal. For illustration only (Image: Chart) The company said that June was the strongest month this year and it included a $13.3 million LNG terminal…
By Nermina Kulovic UK authorities have approved Shell’s decommissioning plan for the Brent Alpha jacket, located in the UK sector of the North Sea. The post Shell gets green light for Brent Alpha jacket… … Read Full Article Here For more great articles: Offshore Energy Today