Daily Archives: May 26, 2020

Japanese space startup developing LNG-powered rocket

By Mirza Duran Japanese private company Interstellar Technologies is working on a liquefied natural gas-powered orbital rocket as it is looking for ways to lower costs of reaching space. Image courtesy of Interstellar Technologies The small startup will use LNG for the main engine on its micro satellite launcher named Zero, currently under development. The…

Prosafe dives deeper into the red over impairment charges

By Nermina Kulovic Prosafe sank deeper into the red in the first quarter of 2020 due to impairment charges resulting from the oil price collapse and the coronavirus pandemic. The post Prosafe dives deeper into the… … Read Full Article Here For more great articles: Offshore Energy Today

Eastern Pacific Shipping charters dual-fuelled LPG trio to Equinor

By Mirza Duran Singapore’s Eastern Pacific Shipping has ordered three dual-fuelled LPG carriers that will go on a long-term charter to Norwegian energy giant Eqiunor. For illustration purposes only (Image: Eastern Pacific Shipping) South Korea’s Hyundai Mipo Dockyard will deliver the three mid-sized gas carriers in 2022, according to a statement by EPS on Tuesday….

Gasum pens LNG bunkering deal with Samskip

By Adnan Bajic The Nordic energy company Gasum has signed an LNG bunkering deal with the Rotterdam-based shipping company Samskip. Courtesy of Gasum Under the agreement, Samskip’s two fully LNG-powered vessels Samskip Kvitbjorn and Samskip Kvitnos will bunker at Gasum’s Risavika LNG terminal in Norway. Samskip Kvitbjorn and Samskip Kvitnos perform liner shipping between Rotterdam…

First steel cut for mega jack-up Voltaire

By Adnan Durakovic Jan De Nul has started the construction of its next-generation jack-up installation vessel Voltaire […] The post First steel cut for mega jack-up Voltaire appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Preem kicks off Sweden’s largest CCS project

By Adis Ajdin Sweden’s largest test facility for carbon dioxide capture has begun operation at Preem’s refinery in Lysekil. Norwegian engineering firm Aker Solutions is providing its mobile test facility for the project. The project will analyze the whole value chain from capture to storage of carbon dioxide off the Norwegian west coast. It also…