Monaco-based LNG shipping company GasLog said its quarterly net profit doubled to US$13.9 million, as compared to US$6.3 million a year ago. The company’s revenues rose to US$97.3 million, compared to US$57.1 million in the first quarter last year. “Against a back drop of weak overall energy markets
Monaco-based LNG shipping company GasLog said its quarterly net profit doubled to US$13.9 million, as compared to US$6.3 million a year ago. The company’s revenues rose to US$97.3 million, compared to US$57.1 million in the first quarter last year. “Against a back drop of weak overall energy markets
Representative of GMB and Unite unions in the UK are taking part in further talks today seeking a resolution of the dispute over what they say are unilateral changes to working conditions for workers covered by the Offshore Contractors Agreement (OCA) in UK waters. Members of both unions have alread
Prysmian Group announced today the official sail out of the newly upgraded vessel Cable Enterprise from a moored cable laying barge into a DP2 cable laying barge able to manoeuvre with her own propulsion system at the site of work. Following major conversion works, the vessel can now operate autonom
Prysmian Group announced today the official sail out of the newly upgraded vessel “Cable Enterprise” from a moored cable laying barge into a DP2 cable laying barge able to manoeuvre with her own propulsion system at the site of work. Following major conversion works, the vessel can now operate auton
SCT&E LNG executives returned from a trip to Latin American and Asia for meetings with government officials, potential off-takers, and investors regarding the development of the SCT&E LNG $9.2 billion LNG Export Terminal in Southwest Louisiana.
SCT&E LNG executives returned from a trip to Latin American and Asia for meetings with government officials, potential off-takers, and investors regarding the development of the SCT&E LNG $9.2 billion LNG Export Terminal in Southwest Louisiana.
On 30 April 2015 the DanTysk wind farm was inaugurated in Hamburg, Germany. DanTysk is one of the first large-scale offshore wind farms ever to be built in the German North Sea and will provide 400.000 households with renewable electricity. The ceremony, held in Hamburg, was attended by German Feder
The President of the Republic of Mozambique, Filipe Nyusi, for the first time since his appointment last January, met today, May 6, 2015, in Maputo with Eni’s CEO Claudio Descalzi. The meeting was also an opportunity for Eni’s CEO to update the President on the progress of ongoing projects in Mozamb
Bermuda-based Teekay LNG said that it has issued NOK 1,000 million in senior unsecured bonds, maturing in May 2020, in the Norwegian bond market. The aggregate principal amount of the bonds is equivalent to approximately USD 130 million and all interest and principal payments have been swapped into
Bermuda-based Teekay LNG said that it has issued NOK 1,000 million in senior unsecured bonds, maturing in May 2020, in the Norwegian bond market. The aggregate principal amount of the bonds is equivalent to approximately USD 130 million and all interest and principal payments have been swapped into
Nor-Shipping has announced the nominees for the 2015 Nor-Shipping Awards. The awards recognize achievements in three areas – energy efficiency, innovative ship design and young entrepreneurship. From the offshore wind industry, X-STERN™ has been nominated for the Next Generation Ship Award and CEO o
Prysmian Group has today announced a sail out of the newly upgraded vessel “Cable Enterprise”. The vessel was upgraded from a moored cable laying barge into a DP2 cable laying barge able to manoeuvre with its own propulsion system at the site of work. Following major conversion works, the vessel can
NYC-based PIRA Energy Group reports that China’s first quarter results are in and what the data show are none too optimistic for the balance of the year, at least for the LNG trade.