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$1 billion liquidity injection comes Yinson Production’s way to bankroll FPSO player’s growth aspirations

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A new investment shot that will be poured into Yinson Production has been secured with a consortium of international investment firms to pave the way for the Malaysian giant’s growth journey, with a smaller slice of the $1 billion equity financing pie earmarked for the controlling shareholder. The post $1 billion liquidity injection comes Yinson Production’s way to bankroll FPSO player’s growth aspirations appeared first on Offshore Energy.

Murphy finds oil pay offshore Vietnam

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A subsidiary of Houston-based oil and gas company Murphy Oil has drilled an exploration well and found oil in a block situated in the Cuu Long Basin offshore Vietnam. The post Murphy finds oil pay offshore Vietnam appeared first on Offshore Energy.

EPS adopts SulNOx tech to cut emissons and fuel use on minimum 30 vessels

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Singapore-based ship management company Eastern Pacific Shipping (EPS) and UK tech provider SulNOx have signed an agreement encompassing investment and adoption of the latter’s products for reducing emissions and fuel consumption. The post EPS adopts SulNOx tech to cut emissons and fuel use on minimum 30 vessels appeared first on Offshore Energy.

European Maritime Finance names four new eco LR2 tankers

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European Maritime Finance (EMF), together with Daehan Shipbuilding and Atlas Maritime, has celebrated the name-giving of its latest eco LR2 115,000 DWT tankers. The post European Maritime Finance names four new eco LR2 tankers appeared first on Offshore Energy.

TotalEnergies bumps plateau production at giant North Sea gas project to month-end

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TotalEnergies has revised its plateau production timeline as ramp-up activities continue to ensure all fields will be up and running at full capacity at its natural gas redevelopment project in the Danish sector of the North Sea. The post TotalEnergies bumps plateau production at giant North Sea gas project to month-end appeared first on Offshore Energy.

MSC adds new unit to its 16,000 TEU LNG dual-fuel fleet

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Dalian Shipbuilding Industry (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered the first 16,000 TEU LNG dual-fuel containership ordered by Minsheng Financial Leasing (MSFL) on behalf of Swiss shipping giant Mediterranean Shipping Company (MSC). The post MSC adds new unit to its 16,000 TEU LNG dual-fuel fleet appeared first on Offshore Energy.

Wind propulsion meets the naval sector: SOCARENAM, MAURIC win tender for wind-powered OPV

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French shipbuilder SOCARENAM and compatriot naval architecture and marine engineering firm MAURIC have secured a tender for the design and construction of an offshore patrol vessel (OPV) that will combine hybrid propulsion with wind assisted propulsion. The post Wind propulsion meets the naval sector: SOCARENAM, MAURIC win tender for wind-powered OPV appeared first on Offshore Energy.