Tagged Performance

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…

Lundin lifts output forecast as quarterly revenues grow

Rate this article By Nermina Kulovic Lundin Energy saw its quarterly revenues grow on the back of Johan Sverdrup start-up. As a result of strong performance from the Norwegian fields, Lundin has increased its full-year production… … Read Full Article Here For more great articles: Offshore Energy Today

KN puts LNG terminal capacity up for grabs

Rate this article By Adnan Bajic KN, the operator of the Lithuanian liquefied natural gas (LNG) terminal, launched the LNG terminal capacity allocation procedure for the gas year starting October 1, 2020. Illustration purposes only (Image courtesy of Klaipedos Nafta) “For the second year in a row, we have recorded extremely high-performance results of the…

Monjasa reaps fruit from IMO 2020 preparations

Rate this article By Jasmina Ovcina Danish bunker company Monjasa reported an improved business performance on the back of the sulphur cap regulation that entered into force on January 1, 2020, marking a global transition of ships to cleaner fuels. The company said that its volumes were up by 10 per cent reaching 4.5 million…

Energean tests Karish Main well performance

Rate this article By Offshore Energy Today.. Energean Oil and Gas has conducted a successful production test on the Karish Main-02 development well located offshore Israel. … Read Full Article Here For more great articles: Offshore Energy Today

Woodside reports higher fourth-quarter revenue

Rate this article By LNG World News Australia’s Woodside Petroleum on Thursday reported a jump in revenue in the fourth quarter on the back of strong performance from its Greater Enfield project. Read Full Article Here For more great articles: LNG World News