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Middle East conflict: Energy security risks and price shocks as market volatility hits supply chains

Since the ignition of the conflict between the U.S. and Israel on one side and Iran on the other, the global markets have been on tenterhooks, as fears continue to grow over the impact the hostilities will have not just on the Middle East region but also the world at large, especially in terms of economy, energy security, and global supply chains, affecting all offshore energy and maritime realms across the globe, albeit to different degrees. The post Middle East conflict: Energy security risks and price shocks as market volatility hits supply chains appeared first on Offshore Energy.

‘Supermajor’ hires Flex LNG’s vessel on multi-year gig

Bermuda-headquartered liquefied natural gas (LNG) shipping company Flex LNG has lined up a new long-term assignment for a six-year-old LNG carrier with an undisclosed company. The post ‘Supermajor’ hires Flex LNG’s vessel on multi-year gig appeared first on Offshore Energy.

German player picks up permanent permit for LNG terminal with FSRU duo

Germany’s private operator of liquefied natural gas (LNG) terminals, Deutsche ReGas, has secured the go-ahead for the permanent operation of an energy terminal in Mukran with two floating storage and regasification units (FSRUs) using onboard gas generators. The post German player picks up permanent permit for LNG terminal with FSRU duo appeared first on Offshore Energy.