Tagged History

Sovcomflot’s profit rockets

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…

South Korean shipbuilders surge on giant Qatar LNG deal

By Mirza Duran Shares of South Korean shipbuilders surged on Tuesday following a landmark deal for Qatari liquefied natural gas carriers. Image courtesy of DSME LNG producing giant Qatar Petroleum said on Monday it signed deals with South Korea’s biggest three shipbuilders to secure more than 100 vessels worth about $19.2 billion. This is the…

VIDEO: Saipem’s Scarabeo 9 rig crosses Bosphorus

By Nermina Kulovic Saipem’s Scarabeo 9 semi-submersible offshore drilling rig has crossed the Bosphorus Strait for the fourth time in its history. The post VIDEO: Saipem’s Scarabeo 9 rig crosses Bosphorus… … Read Full Article Here For more great articles: Offshore Energy Today

Sempra Energy reports jump in annual profit

By LNG World News San Diego-based energy company and LNG operator Sempra Energy reported a jump in earnings in 2019 that is lauded as one of the company’s strongest year in history. Read Full Article Here For more great articles: LNG World News