Novatek, the operator of the giant Yamal LNG project in the Russian Arctic, reported a 39.3 percent drop in net income for the first quarter of 2018 on IFRS basis.
Royal IHC, a Dutch supplier of equipment, vessels, and services, has handed over the fully self-propelled crane vessel Gulliver to Scaldis.
Royal IHC has handed over the fully self-propelled DP2 crane vessel Gulliver to Scaldis, a subsidiary of DEME, Jan de Nul and Herbosch-Kiere.
The rebalancing of the tanker market requires further affirmative action in reducing older tonnage.
US congressman Clay Higgins and other members of the Louisiana congressional delegation sent a letter to the Federal Energy Regulatory Commission (FERC) urging approval of Tellurian’s Driftwood LNG project in Louisiana.
Norwegian energy giant and LNG operator Statoil reported an increase in net profit for the first quarter of 2018, underpinned by higher oil and gas prices and high production.
The Hague-based LNG giant Shell has signed a deal to sell its downstream business in Argentina to Raízen for $0.95 billion. The sale includes the Buenos Aires Refinery, around 645 retail stations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses, as
UAE branches of Flowline Specialists and Motive Offshore have agreed to join forces in order to collaborate on projects in the region.
Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, reported on Tuesday a 13 percent rise in its quarterly net profit. Nakilat said its first-quarter net profit was at 217 million Qatari Riyals ($59.6m) as compared to 191.4 million Qatari Riyals in the same period last
Roxtec has delivered a package of cable sealing solutions for the Beatrice offshore wind farm off Scotland, including fireproof and watertight seals to secure high voltage cables on the two transformer modules.
France’s Dunkirk LNG import terminal, the country’s fourth regasification facility, is carrying out works to up the refueling rates at the facility.
Seajacks Scylla has installed the last of the total of 87 wind turbines making up the 659MW Walney Extension offshore wind farm. The project is now set to make the UK home of the world’s largest offshore wind farm for the second time, after it first earned that title with the 630MW London Array in 2
One of the twelve crew members of FWN Rapide that were last reported missing after a pirate attack has been found.
Singapore-based owners are set to take delivery of the highest number of vessels on record yet.
