Daily Archives: August 19, 2020

PetroRio starts production from new Tubarão Martelo well

Rate this article By Bojan Lepic Brazilian oil and gas company PetroRio has started production from a new well on the Tubarão Martelo field offshore Brazil. The post PetroRio starts production from new Tubarão Martelo well appeared… … Read Full Article Here For more great articles: Offshore Energy Today

Lundin promotes COO to chief executive officer role

Rate this article By Bojan Lepic Swedish oil company Lundin Energy has named a new president and chief executive officer (CEO) effective as of 1 January 2021. The post Lundin promotes COO to chief executive officer role appeared… … Read Full Article Here For more great articles: Offshore Energy Today

Flex LNG posts loss due to weak market

Rate this article By Mirza Duran Norway-based Flex LNG logged a net loss of $6.7 million in the second quarter as the Covid-19 pandemic continues to affect the shipping market. Image: Flex LNG The net loss grew when compared to $3.9 million last year but shrank looking at the previous quarter when the firm logged…

MOL and Cosco name third Yamal LNG carrier

Rate this article By Mirza Duran China’s Hudong-Zhonghua held on Wednesday a naming ceremony for the third Yamal LNG vessel owned by a joint venture consisting of compatriot Cosco Shipping and Japan’s Mitsui O.S.K. Lines. Image: Yang Zheng/Hudong-Zhonghua Shipbuilding The owners will take delivery of the 174,000-cbm LNG Phecda by the end of this month….