COLUMN | Reaping what you sow: McDermott, Seatrium, Gunvor and Trafigura [Offshore Accounts]

It seems appropriate to get all biblical this week, just after Easter. When Saint Paul wrote in his letter to the Galatians that “a man reaps what he sows,” he probably wasn’t thinking about corruption in the oil and gas industry two millennia later. But the last month has seen no less than four...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-reaping-what-you-sow-mcdermott-seatrium-gunvor-and-trafigura-offshore-accounts/

HD KSOE Inks Deal With Qatar Energy For LNG Carriers Construction

Credits: Venti Views/Unsplash

HD Hyundai announced on Oct. 26 that HD Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company, has signed a contract with Qatar Energy for the construction of 17 144,000-cubic-meter LNG carriers.

Largest Order Ever

Each of the LNG carriers ordered will be 299 meters long, 46.4 meters wide, and 26.5 meters tall. The vessels will be built at HD Hyundai Heavy Industries (HHI) in Ulsan, Korea. They will be delivered one by one...

https://mfame.guru/hd-ksoe-inks-deal-with-qatar-energy-for-lng-carriers-construction/

Shell’s Second Phase Investing The Right choice Or Not?

  • Shell has been selected to participate in Qatar’s LNG expansions.
  • The previous plans were to divide the stakes between four companies with each company getting 6.25 per cent stake.
  • Shell previously invested in the NFE project alongside five other companies.

Shell is investing in the second phase of a mega liquefied natural gas (LNG) project in Qatar, just three months after buying into the initial stages of the development, as reported by City A.M.

Oncoming wave

The energy giant has been...

https://mfame.guru/shells-second-phase-investing-the-right-choice-or-not/

COLUMN | The cash comes back to offshore: the North Sea lives again, Canada gets drilling, rigs are revived [Offshore Accounts]

After last week’s review of the Tullow/Capricorn merger, and the news that Shell and its partners are proceeding with the Crux project to provide new offshore gas for e ..

The post COLUMN | The cash comes back to offshore: the North Sea lives again, Canada gets drilling, rigs are revived [Offshore...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-the-cash-comes-back-to-offshore-the-north-sea-lives-again-canada-gets-drilling-rigs-are-revived-offshore-accounts/

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