Daily Archives: September 4, 2020

Woodside buys Cairn’s Sangomar stake

By Bojan Lepic Australian energy company Woodside has entered into a binding sale and purchase agreement to acquire Cairn’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar… … Read Full Article Here For more great articles: Offshore Energy Today

AGS inks Utsira data licensing deal

By Adis Ajdin Axxis Geo Solutions (AGS) has entered into a data licensing agreement with an undisclosed […] The post AGS inks Utsira data licensing deal appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Petronas drops to loss as LNG sales slip

By Adnan Bajic Malaysian energy giant Petronas dropped to a loss in the first six months of the year. The post Petronas drops to loss as LNG sales slip appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Hydrogen power for UK Viking Link construction site

By Adis Ajdin Siemens Energy, lead contractor for the construction of National Grid’s Viking Link interconnector project in Lincolnshire, has installed a zero-emission hydrogen fuel cell to provide off grid power to the project’s construction site for the first time. Off grid power is necessary as this site won’t have a grid connection for at…

Flex LNG takes delivery of Flex Resolute

By Adnan Bajic Flex LNG, the shipping company controlled by billionaire John Fredriksen, has expanded its fleet with the addition of Flex Resolute. Courtesy of Flex LNG The vessel, capable of transporting up to 173,400 cubic meters of the chilled fuel was delivered on Friday by the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering…

NYK names 1st LNG-fuelled PCTC to be built in Japan

By Jasmina Ovcina Image courtesy: NYK Japanese shipping major NYK has named its first large scale LNG-fuelled vessel built at a domestic yard, the company said. The vessel, named Sakura Leader, is a car carrier, built by Shin Kurushima Toyohashi Shipbuilding and is scheduled for delivery in October 2020. The ship’s design maximizes the vessel’s…

Dynagas LNG Partners posts Q2 profit rise

By Adnan Bajic Greece-based Dynagas LNG Partners, a partnership formed by shipowner Dynagas, reported a rise in its second-quarter profit. Courtesy of Dynagas LNG Partners Net income for the quarter reached $6.4 million which compares to a net income of $0.9 million in the corresponding quarter last year. The rise in profit was attributed to…

NBO umbilical for CNOOC’s Lufeng

By Adis Ajdin Ningbo Orient Cable (NBO) said it has won another contract for high voltage umbilical […] The post NBO umbilical for CNOOC’s Lufeng appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today