By Nermina Kulovic Energean’s new FPSO has crossed the Suez Canal while on its way from a shipyard in Singapore to waters off Israel. The post Crossing of Energean Power FPSO marks ‘first-of-its-kind in history… … Read Full Article Here For more great articles: Offshore Energy Today
By Nermina Kulovic Dutch shipowner Kotug has entered into an agreement to acquire Seaways, an operator of offshore support vessels. The post Kotug makes largest acquisition in its history to meet rising demand for OSVs appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Nermina Kulovic U.S. President Joe Biden announced plans for what is said to be the largest release from the strategic petroleum reserves in American history. The post Biden orders ‘the largest release of oil reserves in American history’ to lower prices appeared first on Offshore Energy. Read Full Article Here For more great articles:…
By Ajsa Habibic Norwegian Hurtigruten has begun its environmental ship upgrade program, said to be the largest in its history, to cut CO2 emissions and pursue the zero-emissions goal. The post Hurtigruten initiates its largest environmental ship upgrade program appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Nermina Kulovic McDermott has confirmed a recent contract award with QatarEnergy, saying it is one of the largest single contracts McDermott has been awarded in its company history. The structures will be fabricated in a facility with low-carbon or renewable power as part of McDermott’s sustainability commitments. The post McDermott says Qatar award is…
By Ajsa Habibic Jan De Nul and Samsung C&T consortium has secured a contract, regarded as the biggest cable installation contract in Jan De Nul’s history, to deliver an HVDC cable and convertors package for the… … Read Full Article Here For more great articles: Offshore Energy Today
By Melisa Cavcic Taylor Energy has agreed to pay millions in settlement of the Gulf of Mexico oil spill, which started 17 years ago. The post Taylor Energy to pay millions in settlement of longest-running oil spill… … Read Full Article Here For more great articles: Offshore Energy Today
By Nermina Kulovic SBM Offshore has completed the project financing of FPSO Sepetiba for a total of $1.6 billion, the largest project financing in its history. The post SBM Offshore closes largest project financing in… … Read Full Article Here For more great articles: Offshore Energy Today
By Nermina Kulovic Norwegian energy giant Equinor started production from the Troll phase 3 project in the North Sea off Norway on Friday 27 August. The post Equinor brings online one of the most profitable projects… … Read Full Article Here For more great articles: Offshore Energy Today
By Mirza Duran Russia’s largest shipping company Sovcomflot logged a 149 percent rise in first-half net profit on the back of a strong term contracts portfolio. LNG carrier SCF Mitre (Image: Sovcomflot) Sovcomflot reported a net profit of $226.4 million in the January-June period, compared to $91 million a year ago. Revenue increased by 19.8…