Daily Archives: July 23, 2020

Minerva Gas launches LNG newbuild at SHI

Rate this article 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…

EMGS loss widens on halved revenues

Rate this article 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

Golar Power inks Brazilian FSRU MoU with Norsk Hydro

Rate this article 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…

Port of Rotterdam feels impact of COVID-19 on cargo volumes

Rate this article 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…

Repsol swings to loss as asset impairments bite

Rate this article 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

More red ink for PGS

Rate this article 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