Daily Archives: August 18, 2020

Equinor hires Odfjell rig for three more wells

By Bojan Lepic Norwegian oil major Equinor has chosen to use Odfjell Drilling’s Deepsea Atlantic semi-submersible drilling rig offshore Norway. The post Equinor hires Odfjell rig for three more wells appeared… … Read Full Article Here For more great articles: Offshore Energy Today

NextDecade secures approval to change Rio Grande LNG design

By Mirza Duran US company NextDecade has received approval from federal regulators to ditch one train from its proposed Rio Grande LNG export plant in Texas. Image: NextDecade The original design for Rio Grande LNG included six trains each capable of producing 4.5 million tonnes per year. However, NextDecade announced in July it would be…

Petronet LNG profit down on lower volumes

By Mirza Duran India’s biggest LNG importer Petronet reported a drop in net profit due to lower demand in the country caused by the Covid-19 lockdown. Image: Petronet LNG Net profit after tax stood at 5.2 billion rupees ($69.5 million) in the first quarter of the 2020-21 fiscal, compared to 5.6 billion rupees last year….

Altera names LNG-powered shuttle tanker trio

By Mirza Duran South Korea’s Samsung Heavy Industries held a naming ceremony for three LNG-powered shuttle tankers being built for Altera Infrastructure, previously known as Teekay Offshore. Image: Altera The vessels in question are the 130,000 dwt Current Spirit, and the 103,000 dwt Altera Wave and Altera Wind. Due to Covid-19, the duo held a…