Tagged Financial

New project to look into converting existing ships to zero-carbon fuels

By Naida Hakirevic A.P. Moller – Maersk, American Bureau of Shipping, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line, Seaspan Corporation and Total are joining forces through the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to assess the technical, financial and environmental potential of converting existing vessels to zero-carbon fuels and -technology as part…

Financing for El Salvador’s FSRU wrapped up

By Sanja Pekic Invenergy and BW LNG have closed a $128.3 million financial package with IDB Invest to finance the BW Tatiana FSRU component of the Energía del Pacífico LNG-to-power project in El Salvador. The post Financing for El Salvador’s FSRU wrapped up appeared first on Offshore Energy. Read Full Article Here For more great…

Velesto expects insurance to mitigate sunken rig costs

By Nermina Kulovic Velesto Energy expects the financial impact of an incident in which its NAGA 7 rig submerged off Sarawak will be mitigated by the insurance. The post Velesto expects insurance to mitigate sunken… … Read Full Article Here For more great articles: Offshore Energy Today

Valaris emerges from Chapter 11 free of $7.1bn of debt

By Nermina Kulovic Valaris has completed its financial restructuring, emerging from the Chapter 11 bankruptcy and eliminating $7.1 billion of debt. The post Valaris emerges from Chapter 11 free of $7.1bn of debt… … Read Full Article Here For more great articles: Offshore Energy Today

Diamond Offshore emerges from Chapter 11 bankruptcy

By Bojan Lepic Offshore drilling contractor Diamond Offshore Drilling and its debtor-affiliates have emerged from their Chapter 11 process after completing a financial reorganization under their joint plan of… … Read Full Article Here For more great articles: Offshore Energy Today

Awilco LNG names new CFO

By Adnan Bajic Norwegian LNG transportation provider Awilco LNG has named the company’s new chief financial officer. The post Awilco LNG names new CFO appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News

Oil Search names new CFO

By Adnan Bajic The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search named Peter Fredricson as its new chief financial officer (CFO) effective 23 March 2021. The post Oil Search names new CFO appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News