Tagged Environment

Wärtsilä to design Amundsen Expeditions’ cruise ship newbuilds

Rate this article By Naida Hakirevic Finnish technology group Wärtsilä has received an order to develop a design for up to six new luxury expedition cruise vessels to be owned and operated by Amundsen Expeditions. Photo: Wärtsilä As informed, the 200-passenger newbuilds are primarily intended for the growing Chinese market. The design order with Wärtsilä…

EnergyQuest: Australian LNG exports better than expected

Rate this article By Adnan Bajic Australian liquefied natural gas (LNG) exports will survive in the current Coronavirus-hit environment but will not thrive, energy consultancy EnergyQuest said in its report. Image courtesy of Santos Australian LNG facilities have exported a total of 6.8 million tonnes in March 2020, the report says. This equates to 101…

Schlumberger books $8.5 billion charge in first quarter

Rate this article By Nermina Kulovic Schlumberger took an $8.5 billion charge in the first quarter of the year rocked by the low oil price environment and the coronavirus pandemic. The post Schlumberger books $8.5 billion charge in… … Read Full Article Here For more great articles: Offshore Energy Today

Hoegh LNG suspends dividends and cuts costs

Rate this article By LNG World News Norway’s Hoegh LNG will stop paying dividends to investors as part of a move in reducing costs due to the uncertain environment caused by the coronavirus pandemic. Hoegh’s board has decided to suspend dividends, bonus scheme for executive management and onshore personnel until further notice, the floating LNG…

Triangle Energy in cost-cutting efforts amid oil price slump

Rate this article By _Offshore_Energy_Today_ Triangle Energy has joined many other oil and gas companies in efforts to preserve financial stability amid low oil price environment and coronavirus pandemic with a set of cost-cutting measures. … Read Full Article Here For more great articles: Offshore Energy Today

Petrobras trims oil output as low demand bites

Rate this article By Offshore Energy Today.. Petrobras has joined numerous oil and gas operators in actions to reduce costs amid low oil price environment and coronavirus pandemic. Petrobras has also decided to lower its oil output. … Read Full Article Here For more great articles: Offshore Energy Today