Polish sole liquefied natural gas (LNG) import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo from the United States.
Ocean Yield, a ship owning company with investments in vessels on long -term charters, has agreed to extend the standstill period with Solstad Offshore and its subsidiaries for two anchor handlers.
Chinese shipyard Hudong-Zhonghua has launched a floating storage and a regasification unit (FSRU) for Greek shipping company Dynagas. The LNG FSRU named Transgas Power was launched at the Korean yard on March 30, according to a Hudong-Zhonghua statement. The vessel which is also capable of operating
Cenergy Holdings subsidiary Hellenic Cables has won a contract from Scottish & Southern Electricity Networks (SSEN) for the supply of medium voltage subsea cables. The cables will replace older submarine cables connecting Scotland’s island communities. SSEN owns and operates the 11kV and 33kV subsea
CNR International (CNRI) has filed its Banff and Kyle fields decommissioning programs for an FPSO and FSO float-off with the UK authorities.
CNR International (CNRI) has filed its Banff and Kyle fields decommissioning programs for an FPSO and FSO float-off with the UK authorities.
Under Rystad Energy’s updated base case scenario of $34 per barrel in 2020 and $44 per barrel in 2021, global capital expenditure for exploration & production firms is expected to drop by up to $100 billion this year, about 17% versus 2019 levels.
UK oil and gas company EnQuest has received approval from the UK authorities for its decommissioning plan for the FPSO working on the Alma and Galia fields off the UK as well as associated subsea installations and pipelines.
Norwegian Ministry of Petroleum and Energy has proposed to include 36 new blocks in this year’s licensing round in the well-known parts of the Norwegian Continental Shelf – Awards in Predefined Areas (APA) 2020.
Liquefied natural gas (LNG) shipper GasLog said it has launched a newbuild vessel at the South Korean Samsung Heavy Industries shipyard. The LNG carrier named GasLog Georgetown was launched at the Korean yard on March 28, according to GasLog. GasLog says the delivery of the newbuild is expected in O
Finnish Konecranes has unveiled intentions to temporarily lay off some 2,000 employees as a result of coronavirus impact on the company’s operations. The company said it has invited Finnish works council representatives to negotiations regarding the layoffs which would cover all of Konecranes’ Finni
Lithuania’s Klaipėdos Nafta is temporarily relocating its floating storage and regasification unit (FSRU) Independence while Klaipeda’s port waters are being cleaned. From March 30 to April 5, the FSRU will be moved from the usual location of the LNG terminal near Kiaules Nugara Island while operati
Siccar Point Energy has decided to defer its planned sanction date for the Cambo project, located West of Shetland, to 2021 in light of the unprecedented worldwide macroeconomic dislocation resulting from Covid-19.
Apart from the ongoing health crisis, the cruise industry is currently also faced with an economic crisis.
