Daily Archives: September 28, 2020

Valaris gains access to additional liquidity

By Nermina Kulovic Offshore drilling contractor Valaris has executed a new term loan credit agreement, gaining access to additional liquidity as it is working through its Chapter 11 bankruptcy process. The post… … Read Full Article Here For more great articles: Offshore Energy Today

Karpowership kicks off first floating LNG-to-power project in Indonesia

By Bojan Lepic Turkey’s floating power plant company Karpower International (Karpowership) has begun operation on its first LNG-to-Power project offshore Indonesia. Karpowership said that the powership Zeynep Sultan began power generation using LNG on 20 September after the successful conversion of its first two dual-fuel engines. The LNG is converted from liquid to gas via…

UECC’s LNG-powered PCTCs to ship trams to Oslo

By Jasmina Ovcina European short sea carrier UECC will use its dual-fuel LNG PCTC vessels to deliver new trams for the City of Oslo, Norway. The first tram was loaded on the UECC dual-fuel LNG PCTC Auto Eco in Pasajes, Spain on September 11 of this year, then transshipped onto the conventionally powered M/V Spica…

Schlumberger and Milaha ink cooperation deal in Qatar

By Nermina Kulovic Milaha, a maritime and logistics organizations in the Middle East, has entered into a formal agreement to cooperate with a giant American oilfield services firm, Schlumberger. The post Schlumberger… … Read Full Article Here For more great articles: Offshore Energy Today

Ecuador’s approval of LNG imports pushes Sycar project forward

By Bojan Lepic U.S. project development company Sycar, along with other private companies, has received authorisation from the Government of Ecuador to import industrial gas, gasoline, natural gas, diesel, jet fuel, avgas, absorbents, and other derivatives. Sycar said last week that the authorisation, received on 24 September 2020, for importing was for liquids and derivatives…

Excelerate’s FSRU Experience breaks send-out capacity record

By Bojan Lepic Provider of floating storage and regasification units (FSRUs) Excelerate Energy has reached a record-breaking send-out capacity of 1.06 billion cubic feet (bcf) of natural gas on its FSRU Experience. Excelerate said that the 1.06 bcf send-out capacity was reached on September 16. According to the company, the capacity was an industry record….