Tagged Performance

Wärtsilä, Pastrovich Studio to design sustainable hybrid boutique cruise vessel

Rate this article By Naida Hakirevic Finnish technology group Wärtsilä has signed a partnership agreement with Monaco-based architect and yacht designer Stefano Pastrovich on the design of innovative, sustainable superyachts for the boutique cruise sector. As explained, the design will feature a fully-integrated combination of hybrid propulsion and solar panels for minimal environmental impact and…

UK well specialist sets up Norwegian unit

Rate this article By Nermina Kulovic Aberdeen-headquartered Exceed, a well management and performance improvement specialist, has established a Norwegian subsidiary, Exceed Norge. The post UK well specialist sets up Norwegian unit… … Read Full Article Here For more great articles: Offshore Energy Today

Air Liquide commissions BOG tech on LNG newbuild

Rate this article By Adnan Bajic French industrial gases and services specialist, Air Liquide, has commissioned a Turbo-Brayton boil-off gas reliquefaction unit on LNG tanker newbuild. Courtesy of Air Liquide The BOG unit was commissioned during a gas trial of TMS Cardiff Gas LNG carrier named Qogir earlier in May. The vessel is being built…

ABB inks diagnostics deal for SCF’s Arctic LNG tanker

Rate this article By Adnan Bajic ABB has signed a contract to support icebreaking LNG carrier Christophe de Margerie during its transit of the Northern Sea Route. Courtesy of ABB ABB supported the vessel with remote diagnostics services for increased safety and performance as the vessel completed the transit of the Northern Sea Route, bound…

Cat chooses The Switch drive train technology for Twin Fin bulkers

Rate this article By Naida Hakirevic Finland-based Yaskawa Environmental Energy / The Switch has signed a contract with US company Caterpillar (Cat) to deliver a package of electric drive train technology for a series of bulk carriers. Image Courtesy: Yaskawa Environmental Energy / The Switch As informed, the ships will feature Cat Marine’s Twin Fin…

Golar LNG posts Q1 loss, advances projects

Rate this article By Adnan Bajic LNG shipper Golar made further advancements in its projects in the first quarter of the year. Image courtesy of Golar LNG The company reported a loss of $104.2 million for the first three months of the year. This compares to a $41.7 million loss reported in the corresponding period…

Petronas boosts Q1 LNG sales, production

Rate this article By Mirza Duran Malaysian energy giant Petronas reported a 6 percent rise in its quarterly liquefied natural gas sales, boosted by higher trading activities. PFLNG Dua naming ceremony in November 2019 (Image courtesy of Petronas) The company’s LNG sales volume stood at 9.99 million tonnes in the first quarter compared to 9.40…

Sovcomflot’s quarterly profit surges

Rate this article By Mirza Duran Russia’s largest shipping company Sovcomflot logged an almost 66 per cent rise in quarterly net profit on the back of a strong performance of its conventional fleet. LNG carrier SCF Mitre (Image courtesy of Sovcomflot) Sovcomflot reported a net profit of $116.1 million in the first quarter this year…

Sempra delays Port Arthur LNG FID to 2021

Rate this article By Adnan Bajic San Diego-based energy company and LNG operator Sempra Energy has pushed back its decision on the Port Arthur LNG project. Image courtesy of Sempra Energy To remind, in March this year, Sempra Energy tagged the contractor Bechtel for a turn-key EPC deal. As a result of the deal, Bechtel…

China’s Hudong starts building 2nd LNG bunkering vessel

Rate this article By Mirza Duran China’s Hudong-Zhonghua Shipbuilding has started building the second liquefied natural gas bunkering vessel owned by Japan’s MOL and chartered by Total of France. Image courtesy of Hudong MOL’s first LNG bunkering ship, the world’s largest such vessel, was delivered on Thursday. Both of the vessels will have a capacity…