Daily Archives: August 25, 2020

NYSE to delist Valaris stock following Chapter 11 filing

Rate this article By Nermina Kulovic Valaris has received a notice of immediate suspension of trading and delisting of common stock from the New York Stock Exchange (NYSE). The post NYSE to delist Valaris stock following Chapter 11… … Read Full Article Here For more great articles: Offshore Energy Today

ACE Winches completes Karish work in Israel

Rate this article By Anela Dokso ACE Winches, a Balmoral Group company, has completed a shore-pull project for a 2.7km […] The post ACE Winches completes Karish work in Israel appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Melbana sees increase in Beehive prospect reserves

Rate this article By Nermina Kulovic Melbana Energy has reported a modest increase in the best estimate prospective resource of the Beehive Prospect, located in WA-488-P offshore Australia. The post Melbana sees increase in Beehive… … Read Full Article Here For more great articles: Offshore Energy Today

Rolls-Royce launches Power Lab unit to develop fuel cells, synthetic fuels

Rate this article By Jasmina Ovcina British engineering major Rolls-Royce with its Friedrichshafen-based business Power Systems has set up a new organizational unit named Power Lab, which will focus on developing net-zero carbon drive and energy solutions for the marine and infrastructure sectors. The company plans to put a strong emphasis on fuel cell systems…

Port of Oakland’s marine terminal slashes emissions with electric cranes

Rate this article By Jasmina Ovcina The Port of Oakland’s largest marine terminal Oakland International Container Terminal (OICT) has cut diesel emissions from 13 of its massive yard cranes by 95 percent after retrofitting them with hybrid-electric engines. Terminal operator Stevedoring Services of America (SSA) said that the project will eliminate about 1,200 metric tons…

e5 Lab kicks off Roboship electric vessel project

Rate this article By Jasmina Ovcina Tokyo-based shipping consortium e5 Lab Inc. has started developing the Roboship, the standard models of electrically powered vessels to realize zero emissions, as well as an integrated system called the Roboship Box which brings together telecommunications, the Internet of Things (IoT), and software. The e5 Consortium is comprised of…

Lundin Energy picks new chief operating officer

Rate this article By Bojan Lepic Swedish oil company Lundin Energy has named a new chief operating officer (COO) of the company after the previous COO was promoted to the chief executive officer (CEO) role. The post Lundin Energy… … Read Full Article Here For more great articles: Offshore Energy Today

Sempra LNG promotes Glatch to president and COO

Rate this article By Adnan Bajic Sempra LNG, a unit of Sempra Energy, promoted its current COO, Lisa Glatch, to president and chief operating officer of the company. Lisa Glatch (Courtesy of Sempra LNG) Glatch will continue to report to Justin Bird, chief executive officer of Sempra LNG. She also will continue to serve as…

JAPEX brings Soma LNG terminal’s phase two online

Rate this article By Adnan Bajic Japan Petroleum Exploration (JAPEX) started the full commercial operations of the second phase facilities at its Soma LNG terminal. Courtesy of JAPEX The milestone comes in parallel with the start of commercial operation at the second unit of the LNG-fueled Fukushima power plant. The power plant has been under…

DSME develops new LNG re-liquefaction system

Rate this article By Adnan Bajic South Korean shipbuilder, Daewoo Shipbuilding & Marine Engineering (DSME) has developed a new LNG re-liquefaction system. This system will be applied on two 361,600-cbm LNG-FSUs being built for a Russian shipowner, DSME said in a statement on Tuesday. The system is called Nitrogen Refrigerant System (NRS) using nitrogen as…