Daily Archives: April 7, 2020

Cold-stack ahead for EMGS vessel as BP cancels African survey

Rate this article By _Offshore_Energy_Today_ EMGS has noted an extremely low vessel utilization for the first quarter of 2020 due to project cancelations, which ensued following the recent oil price drop and the coronavirus pandemic. As a… … Read Full Article Here For more great articles: Offshore Energy Today

Ithaca Energy halves capital expenditure for 2020

Rate this article By Offshore Energy Today.. Ithaca Energy has more than halved its capital expenditures for the year due to the double threat posed by the coronavirus pandemic and the sharp oil price drop. … Read Full Article Here For more great articles: Offshore Energy Today

AET charters LNG-fueled VLCC pair to Total

Rate this article By LNG World News Energy logistics provider AET signed an agreement with Total’s unit, Chartering and Shipping Services, for the time charter of two LNG dual-fuel VLCCs. Read Full Article Here For more great articles: LNG World News

Oil Search in $700 million equity raising

Rate this article By LNG World News Papua new Guinea-focused LNG producer Oil Search is looking to raise up to A$1.16 billion ($700 million) through a discounted share sale to weather a prolonged period of low oil prices. Oil Search, which owns a 29 per cent interest in the PNG LNG project, said on Tuesday…

MAN Energy Solutions names new CFO

Rate this article By LNG World News MAN Energy Solutions has appointed Jürgen Klöpffer as its chief financial officer, replacing the outgoing Peter Park. Read Full Article Here For more great articles: LNG World News

Total sheds $400 million worth of assets

Rate this article By Offshore Energy Today.. In line with its objective to divest $5 billion during 2019-2020, Total is pursuing the divestments of several non-core assets in both exploration and production (Brunei) and marketing &… … Read Full Article Here For more great articles: Offshore Energy Today

France’s GTT appoints deputy CEO

Rate this article By LNG World News French liquefied natural gas containment specialist GTT has appointed Eric Dehouck as deputy chief executive officer. Dehouck will support the acceleration of GTT’s development and will assist Philippe Berterottière in his responsibilities as chairman and CEO of GTT, the company said in a statement. Dehouck brings to GTT…

LR picked for LNG Canada third-party verification job

Rate this article By LNG World News Classification society Lloyd’s Register (LR) has signed a 55-month LNG contract to support LNG Canada with the construction and delivery of its liquefaction plant and export terminal located at a site in Kitimat, BC, Canada. Read Full Article Here For more great articles: LNG World News