LNG

Russia's oil and gas revenue fell by 35% year-on-year in May to Rubles512.7 bill ($6.55 bill), according to data from the country’s finance ministry this week.

At this week’s event held just outside Oslo, Lloyd’s Register (LR) awarded an Approval in Principle (AiP) to Mitsui OSK Lines (MOL) and Samsung Heavy Industries (SHI) for the design of a 174,000 cu m LNGC fitted with solid oxide fuel cell (SOFC) technology.

Mitsui OSK Lines’ (MOL) group company MOL Training Centre (Phils) Inc (MOLTC(P)) now offers the largest number of training programmes certified by DNV.

Free ReadKARMOL, a joint venture between Karpowership and Japan’s MOL, has named its latest Floating Storage and Regasification Unit (FSRU) at Seatrium’s yard in Singapore. The four conversions include Karmol LNGT Powership Africa, Karmol LNGT Powership Asia and Karmol LNGT Powership Europe. The contract strengthens Seatrium’s position as a leader in…