By Melisa Cavcic Borr has reached agreements in principle with creditors to defer $1.4 bln debt maturities to benefit from market recovery. The post Borr firms up deal to defer $1.4 bln of debt maturities to reap… … Read Full Article Here For more great articles: Offshore Energy Today
By Sanja Pekic Luxembourg-based shipping group CLdN’s LNG-fueled newbuild CLdN Faustine will serve the route between the Port of Gothenburg and Zeebrugge, bringing environmental benefits. The post LNG-fueled CLdN Faustine to serve Gothenburg-Zeebrugge route appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Nermina Kulovic Offshore rig owners are reaping the benefits of market recovery with more and more players hiring rigs for their exploration plans. The post Fresh contracts pour in for offshore rig owners as… … Read Full Article Here For more great articles: Offshore Energy Today
By Sanja Pekic In its expert commentary, the Gas Exporting Countries Forum (GECF) has revealed the potential and benefits of blue ammonia as a clean fuel of the future. The post GECF: Blue ammonia’s role in energy transition appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Bojan Lepic U.S. supermajor ExxonMobil booked a quarterly profit due to benefits of higher commodity prices and structural cost reductions. The post ExxonMobil earns $2.7 billion in first quarter of 2021… … Read Full Article Here For more great articles: Offshore Energy Today
By Adnan Bajic BioLNG has been touted as the fuel that will enable the decarbonization of maritime and road transport. Illustration only (Courtesy of Port of Rotterdam) A joint paper issued by the European Biogas Association (EBA), Gas Infrastructure Europe (GIE), the Natural & Bio Gas Vehicle Association (NGVA Europe), and SEA-LNG, demonstrates the benefits…
By Adnan Bajic South Korea’s Energy Projects and Infrastructure Korea (EPIK) plans to add LNG bunkering services at its proposed Newcastle GasDock LNG import terminal in New South Wales, Australia. Courtesy of EPIK The addition of the LNG bunkering services aims to support the maritime industry in its shift towards cleaner-burning marine fuel, EPIK said…
By Nermina Kulovic BP has been doing its part to unlock the value of technology and tap into its benefits. This has become especially noticeable during 2020 with plans to become a net-zero company by 2050. The post… … Read Full Article Here For more great articles: Offshore Energy Today
By Adnan Bajic Wesfarmers’ liquified natural gas business Evol LNG has signed a long-term deal to supply the chilled fuel to Ora Banda Mining’s gold mine. Courtesy of Evol LNG Davyhurst Gold Mine, located in WA’s North-West Goldfields region, is restarting production in January 2021 after being placed into care and maintenance in 2018. Evol…
By Mirza Duran The Department of Energy is issuing a final policy statement that allows for US LNG exports to non-free trade agreement countries to be extended through the year 2050. Image: Cheniere This policy is a change from the current practice of granting 20-year LNG export terms. President Donald J. Trump announced the new…