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The latest vessel of Kongsberg Maritime design to enter service, an 81.80m NVC 375 WP freezer trawler named Ilivileq, has just been delivered to its working domain in Arctic waters.

After years of talk about the declining role of oil in the global economy, and of OPEC’s demise, the COVID-19 pandemic has placed Middle East producers at the heart of the drive to prevent the health crisis becoming a global economic catastrophe, says GlobalData, a leading data and analytics company.

Leading international engineering and design specialists PD&MS Group has been awarded a new three-year contract with options for a further three-year extension with Spirit Energy. The deal, worth an undisclosed multimillion-pound sum, will see the Aberdeen headquartered firm deliver complex modifications for the E&P business.  

Commercial and industrial demand for natural gas is declining as most countries around the world impose lockdowns to limit the spread of the Covid-19 pandemic. Rystad Energy estimates global natural gas demand to fall by almost 2% this year as a result of the lower activity.

McDermott International, Inc. and its joint venture partner, Chiyoda International Corporation, a U.S.-based wholly-owned subsidiary of Chiyoda Corporation, Japan, have announced that Train 3 of the Cameron LNG project in Hackberry, La., has begun producing liquefied natural gas (LNG).

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