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…
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…
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
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
By Offshore Energy Today The U.S. oil major ExxonMobil has made history as it has started producing first oil from its Liza field offshore Guyana, making the Latin American country an oil-producing nation. … Read Full Article Here For more great articles: Offshore Energy Today