Norway recorded a slight rise in oil production in February 2023 compared to last month, but oil & gas figures are still below the ones recorded in 2022.
Norwegian tanker operator Stolt Tankers, a subsidiary of Stolt-Nielsen, has decided to purchase two fuel-efficient stainless steel chemical tankers.
Serica Energy has completed all the steps required to close the acquisition of Tailwind, aside from one, which also needs to be checked off the list.
The first unloading of liquefied petroleum gas (LPG) across the deck of the floating storage and regasification unit (FSRU) according to the ship-to-ship principle has been completed at the Elbehafen LNG terminal in Brunsbüttel, Germany. Höegh LNG, the owner of the FSRU Höegh Gannet which was charte
The Australian Maritime Safety Authority (AMSA) has handed down a 90-day ban to the Netherlands-flagged ship Flevogracht, in what has been described as a ‘crackdown on poor performers in the maritime industry.’ AMSA said that it had detained the general cargo ship Flevogracht, operated by the Spliet
French hydrogen producer Lhyfe has acquired a 49% stake in the Finnish company Flexens, a developer of renewable and green hydrogen and Power-to-X projects. Lhyfe said the move will accelerate the commercial deployment and Finland-based projects of both entities. According to Lhyfe, the companies fi
Canada-headquartered upstream oil and gas company Valeura Energy is acquiring the remaining minority interest in its special purpose vehicle subsidiary company Valeura Energy Asia Pte. Ltd, which holds all of the company’s assets in Thailand. Through a share exchange agreement (SEA), Valeura will ac
Offshore accommodation provider Prosafe is taking part in three ongoing tenders to win more work for its fleet of vessels.
A Memorandum of Understanding (MoU) has been signed by the International Maritime Organization (IMO), the Ministry of Climate and Environment of Norway, and the Maritime and Port Authority of Singapore (MPA), to collectively undertake technical cooperation activities to assist developing countries i
Aker BP has decided to move ahead with nine out of ten oil and gas projects for which PDOs were previously handed over.
Sempra Infrastructure, a subsidiary of Sempra, has reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. On 20 March, Sempra revealed reaching the FID and closing its joint venture with an
Offshore drilling contractor Dolphin Drilling has disclosed that one of its semi-submersible rigs has started its drilling assignment in Nigeria.
With the oil and gas sector in high demand, Shelf Drilling is envisioning further offshore drilling market improvements, especially within the jack-up segment.
Cochin Shipyard Limited (CSL), India’s top shipbuilder, has won a contract from Dutch logistics company Samskip for the design and construction of two zero-emission feeder container vessels. The project, which includes an option for two more vessels, represents one of the world’s first zero-emission
