Page 45 - Floating Storage News Today

The Monetary Board has noticed both John Keells Holdings and Central Finance that they should reduce their group holdings in the Nations Trust Bank to a maximum of 20% by the end of next year and 15% a year after. This requirement is to conform with the law that individual and aggregate related party holdings in commercial banks be restricted to a maximum of 15% although time-bound extensions, some granted as long as 10 years ago, have been allowed. At Hatton National Bank for example, Harry Ja...

 22 Dec 2020 - 9:50 The Peninsula Doha: Nakilat has assumed the technical ship management and operations of the Floating Storage and Regasification Unit (FSRU) Exquisite from Excelerate Technical Management (ETM) with effect from December 17, 2020. The FSRU is jointly owned by Nakilat and Excelerate Energy L.P. (Excelerate) through a joint venture established in 2018. This is the first FSRU to be managed in-house by Nakilat Shipping Qatar Limited (NSQL), bringing NSQL’s managed fleet to 27 ...

Nakilat Takes Over Management of FSRU Exquisite Maritime Activity Reports, Inc. Credit: Nakilat Qatar-based energy shipping company Nakilat said Monday it had assumed the technical ship management and operations of the Floating Storage and Regasification Unit (FSRU) Exquisite from Excelerate. The FSRU is jointly owned by Nakilat and Excelerate through a joint venture established in 2018.  This is the first FSRU to be managed in-house by Nakilat, bringing the companys managed fleet to 27 vessel...

OGRA grills firms seeking LNG licences Regulator questions about contracts with suppliers, customers, capacity allocation LNG PHOTO: FILE ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Thursday raised a set of questions regarding documents of agreements of Energas, which is seeking a licence for sale and marketing of regasified liquefied natural gas (RLNG). The regulator questioned about contracts with LNG suppliers, customers, capacity allocation, timeframe of imports and volume of...

HOEC to begin oil from production from B-80 field in April SECTIONS Last Updated: Dec 13, 2020, 03:29 PM IST Share Synopsis HOEC in September 2017 won the block in Indias first auction round of small discovered fields that the state-owned firms had not developed for a variety of reasons. Agencies ONGC thought the discovery is too small to make economic sense. But Hindustan Oil Exploration Company (HOEC) in two years of taking over the B-18 block has not just discovered more resources but has ...