Equinor has exercised options to drill additional wells with two Odfjell Drilling-owned rigs, extending the rigs’ backlog further.
SAIC Anji, a wholly-owned subsidiary of China’s SAIC Motor specializing in automotive logistics business, has placed an order for four methanol-ready car carriers.
Danish container shipping major Maersk has reported a massive drop in its ocean revenue for the first quarter of this year, plunging by $5.7 billion to $9.9 billion year-on-year amid lower freight rates and softened demand. Last year saw a record performance of container shipping majors, impacted by
BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.
Australian energy company Santos has signed four memoranda of understanding (MoU) for the proposed storage of CO2 emissions from third parties for its Bayu-Undan carbon capture and storage (CCS) project. According to Santos, the four non-binding MoUs for CO2 supply were signed with potential upstrea
CEVA Logistics has signed a new 10-year lease agreement with its parent company CMA CGM to operate four Eastern Pacific Shipping’s (EPS) LNG dual-fuel hybrid deep-sea vessels.
UAE’s ADNOC Gas has signed a three-year supply agreement with TotalEnergies Gas and Power Limited, a subsidiary of French energy giant TotalEnergies, for the export of LNG. The agreement, valued at about $1.2 billion under current market conditions, was announced on 1 May. Pursuant to the terms of t
Dutch geo-data specialist company Fugro has launched the BeWild project, aimed at measuring biodiversity at offshore wind farms. Fugro, together with project partners, will focus on developing methodologies and technologies for remotely collecting environmental DNA (eDNA) samples in the North Sea. T
Conrad has set the wheels into motion to farm down a portion of its interest in the Duyung PSC, containing a gas field off Indonesia.
South Korean shipbuilding company Samsung Heavy Industries (SHI) has developed a next-generation floating liquefied natural gas production facility (FLNG) model. It announced that it has received Approval in Principle (AiP) for an FLNG floater independent model (MLF-N, a multi-purpose LNG floater-ne
Longboat Energy is putting the wheels into motion to form a joint venture (JV) with Japan Petroleum Exploration Co., Ltd (JAPEX).
Marine renewable energy developer ORPC has signed a contract with Shell Technology – Marine Renewable Program to initiate a modular RivGen power system demonstration project in the Lower Mississippi River. ORPC said that the collaborative project represents an opportunity to showcase how the next ge
Italian maritime transportation group Fratelli Cosulich, in partnership with IPLOM (Piedmont Industry Processing Mineral Oils), has begun producing and supplying its own bio VLSFO to reduce the GHG intensity of marine fuels and meet the EU requirements. Fratelli delivered bio VLSFO in collaboration
Silversea Cruises, part of Royal Caribbean Group, has marked the float out of the new ship Silver Nova, which will run on liquefied natural gas (LNG).
