Oil & Gas Vessels News

 

Qatar Mulls Buying 60 New LNG Carriers

Jan 28, 2019

Qatar’s energy minister Saad Sherida Al-Kaabi, who also serves as deputy chairman of Qatar Petroleum (QP), outlined plans to order 60 new liquefied natural gas (LNG) carriers.Reuters, quoting a statement issued by South Korea’s presidential office…

Carbon Trust to Make Offshore Wind Vessels Greener

Jan 23, 2019

The Carbon Trust's Offshore Wind Accelerator (OWA)  issued a Request for Information (RFI)  on the potential to reduce emissions and fuel consumption in offshore vessels. OWA plans to start a new industry competition next month.The RFI is the…

Floating LNG Power Vessel Market Set to Exceed USD 1 Bln

Jan 21, 2019

The Global Floating LNG Power Vessel market accounted for $780.14 million in 2017 and is expected to reach $1,073.54 million by 2026 growing at a CAGR of 3.6% from 2017 to 2026.According to a market research report by ResearchAndMarkets, some…

Bahrain's First LNG Terminal Ready for Business

Jan 19, 2019

Bahrain expected to start LNG imports early this year; FSU on 20-year time charter to Bahrain LNG arrives in the GulfBahrain's first liquefied natural gas (LNG) floating unit arrived in the Gulf this week as the country gets ready for its maiden imports of the super-chilled fuel this year…

LNG REPORT: 143 LNG-Powered Vessels in Operation, 270 to Come

Jan 17, 2019

Currently, the liquefied natural gas (LNG)-powered fleet has grown globally from 118 LNG-powered vessels in operation in 2017, to 143 LNG-powered vessels in operation – with a further 135 on order and 135 LNG-ready ships either in operation or on order…

Seacor Marine Acquires Three Cosco PSVs

Jan 17, 2019

The offshore marine support vessels operator Seacor Marine Holdings announced it has entered into definitive agreements to acquire three platform supply vessels (PSVs) from Cosco Shipping Heavy Industry, an affiliate of Cosco Shipping Group…

Adnoc Fleet Slashes Carbon Emission 23%

Jan 16, 2019

Adnoc Logistics & Services (Adnoc   L&S) announced that it has reduced fuel consumption and carbon emissions by 23% across a fleet of 27 vessels.The marine and logistics subsidiary of the Abu Dhabi National Oil Company (Adnoc ) said in a press…

EMGS Vessel Utilisation Stands at 32% in 4Q

Jan 06, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said that its vessel utilisation for the fourth quarter 2018 was 32% compared with 13% for the fourth quarter in 2017.For the full year 2018, the vessel utilisation was 33%…

Bourbon Advises of General Waiver Renewal with Lenders

Jan 03, 2019

Bourbon has announced the renewal of the general waiver with its leasers and debt holders representing the majority of the group’s debt, thus allowing it to suspend the payments of its loans and debt.According to Bourbon, the waiver allows it to stay focused on its operational priorities…

Tango FLNG En Route to Argentina

Dec 27, 2018

Belgium based EXMAR announced Thursday that its floating liquefied natural gas (FLNG) facility has left China for a 45-day voyage to the destination of its liquefaction operations at the Port of Bahia Blanca in Argentina.The barge-based Tango…

Prelude FLNG Starts Production in Australia

Dec 26, 2018

Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world's largest floating production structure and the last of a wave of eight LNG projects built in the country over the last decade…

Lithuania Plans to Buy an FSRU

Dec 18, 2018

Lithuania has given the go ahead to state-owned Klaipedos Nafta to purchase a liquefied natural gas (LNG) storage vessel by late 2024, as it shores up energy supplies and reduces its reliance on Russian natural gas.Klaipedos Nafta is currently…

Poland's PGNiG Receives US LNG

Dec 14, 2018

Polish state-controlled oil and gas company Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) is set to receive a spot cargo of U.S. liquefied natural gas (LNG).The Warsaw-headquartered oil and gas company said in a statement that it will receive…

Christophe de Margerie Loads First Cargo from Third Train Yamal LNG

Dec 14, 2018

The Arctic LNG carrier Christophe de Margerie, owned and operated by Sovcomflot, loaded the first batch of liquefied natural gas (LNG) produced at the third train of Yamal LNG plant, at the Port of Sabetta on the Yamal Peninsula.Dmitry Medvedev…

Nordic American Offshore Bags PSV Contract

Dec 13, 2018

Bermuda-headquartered Nordic American Offshore (NAO) has been awarded a two-year fixed contract for the Platform Supply Vessel (PSV) built in 2015, 'NAO Viking'.Commencement will be about mid-December 2018. The contract also grants the customer…

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