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Spain’s Balearia building LNG-powered high-speed catamaran
News

Spain’s Balearia building LNG-powered high-speed catamaran

Spanish shipping company Baleària said it will add to its fleetwhat it claims to be the world’s largest and the first liquefied natural gas (LNG)-powered, high-speed catamaran. The new ferry with a length of 125 meters and a beam of 28 meters will be built at the Armon shipyard in Spain, according t

about 8 years ago
Jan De Nul Names Its Newest Offshore Installation Vessel
News

Jan De Nul Names Its Newest Offshore Installation Vessel

Jan De Nul Group has named its newest offshore installation vessel Taillevent, in the Belgian port of Ostend. Pauline Stassijns, granddaughter of director Dirk De Nul, baptised the vessel during the ceremony. In July 2018, Jan De Nul acquired this offshore installation vessel, at that time MPI Disco

about 8 years ago
Gate of the World’s Largest Sea Lock Heads for the Netherlands
News

Gate of the World’s Largest Sea Lock Heads for the Netherlands

The new gate intended for the world’s largest sea lock headed for the Netherlands.

about 8 years ago
Jan De Nul Names Second Wind Turbine Installation Vessel
News

Jan De Nul Names Second Wind Turbine Installation Vessel

Jan De Nul has officially named its newest offshore installation vessel, Taillevent, in the Belgian port of Ostend.

about 8 years ago
Golden Energy gets loan for OCV/IMR vessel acquisitions
News

Golden Energy gets loan for OCV/IMR vessel acquisitions

Oslo-listed offshore vessel owners Golden Energy Offshore Services has secured a bank loan to buy OCV/IMR vessels Larissa and Despina.

about 8 years ago
Nautilus Slams Govt Plan to Charter In Ships in No-Deal Brexit
News

Nautilus Slams Govt Plan to Charter In Ships in No-Deal Brexit

Nautilus criticizes UK government’s plans to charter in ships in case of a no-deal Brexit.

about 8 years ago
TechnipFMC logs profit rise
News

TechnipFMC logs profit rise

LNG engineer TechnipFMC reported a rise its third-quarter profit despite a decline in the company’s revenues. The company’s net income totaled $136.9 million, or $0.30 per share, a rise of 13.1 percent when compared to last year’s third quarter. Revenue was $3.1 billion, a 24.1 percent decrease year

about 8 years ago
U.S. approves first offshore oil platform in Alaska’s federal waters
News

U.S. approves first offshore oil platform in Alaska’s federal waters

The U.S. authorities have conditionally approved a project that will see the first oil production facility deployed in federal waters offshore Alaska – the Liberty project.

about 8 years ago
Golden Energy Secures Financing to Buy Two Vessels from Neptune Subsea
News

Golden Energy Secures Financing to Buy Two Vessels from Neptune Subsea

Golden Energy Offshore Services has secured financing and reached an agreement with Neptune Subsea to acquire its two IMR & light construction vessels Larissa and Despina. The purchase price is USD 39 million per vessel and the seller has agreed to subscribe to USD 8 million of shares in the company

about 8 years ago
Dynagas LNG Partners rakes in $53 million from offering
News

Dynagas LNG Partners rakes in $53 million from offering

Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, secured $53 million after the closure of its previously announced offering. Dynagas LNG said in a statement on Wednesday it has granted the underwriters a 30-day option to purchase up to an additional 330,000 Series B

about 8 years ago
OEEC 2018: Video Highlights of Day 2
News

OEEC 2018: Video Highlights of Day 2

Take a look at the compilation video of the last day of Offshore Energy Exhibition & Conference 2018 held in Amsterdam RAI. The final day of the 11th OEEC was packed with conference sessions, meetings, international missions, stage presentations and of course, lots of networking. The day 2 of the ev

about 8 years ago
Australia: GWF-2 project starts gas production
News

Australia: GWF-2 project starts gas production

Australian LNG player Woodside said Thursday that the Greater Western Flank Phase 2 project off the north-west coast of Australia has started gas production. GWF-2 project is part of the of the Woodside-operated North West Shelf (NWS) project. The project is located in Commonwealth waters about 135

about 8 years ago
Woodside’s GWF-2 project delivers first gas 6 months ahead of schedule
News

Woodside’s GWF-2 project delivers first gas 6 months ahead of schedule

Australian oil and gas company Woodside has informed that gas production has started from its Greater Western Flank Phase 2 (GWF-2) Project, offshore W. Australia.

about 8 years ago
Norway’s Equinor swings to profit in Q3
News

Norway’s Equinor swings to profit in Q3

Norwegian energy giant and LNG operator Equinor on Thursday reported a strong increase in third-quarter net profit as it benefited from a rise in oil and gas prices. Equinor’s net profit rose to $1.67 billion in the third quarter, compared to a loss of $480 million in the same quarter last year. Rev

about 8 years ago
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