As the climate crisis continues to wreak havoc across the globe, New York has taken decisive action to hold fossil fuel players accountable for their pollution effects by establishing a new climate fund, described as landmark legislation to strengthen the state’s climate endeavors and environmental
Italy-headquartered cable systems giant Prysmian has obtained certification for gender equality, awarded by RINA, a multinational certification group. This highlights its progress in fostering inclusivity and diversity across its Italian operations, including Prysmian Spa and EOSS. According to Prys
Masirah Oil, an affiliate of Singapore’s oil exploration and production company Rex International Holding, has repurchased some shares from its wholly-owned subsidiary, Rex Oman.
Saipem’s pipelay vessel Castorone is on its way to the Black Sea where it will perform offshore pipeline installation for the second phase of Türkiye’s largest natural gas field. On its way to the Sakarya project, Castorone crossed the Dardanelles Strait early on December 26, covering a distance of
The past few years have witnessed a significant increase in clean fuel-powered ships, with the global dual-fuel fleet currently standing at 2,119 vessels with a combined capacity of 123 million gross tons.
Danish wave energy firm Wavepiston has unveiled the conclusion of its Wave Energy in Barbados (WEB) project, completing a six-month pre-feasibility study conducted in collaboration with Export Barbados (BIDC), an agency of the Barbados Government. The initiative, supported by EU funding, explored th
Cheniere Energy has achieved the first LNG production milestone at its Corpus Christi LNG facility in Texas.
ADES Holding Company, part of Saudi Arabia-headquartered ADES Group, has landed a new multi-year drilling assignment for its jack-up rig with Thailand’s national oil and gas company PTT Exploration and Production (PTTEP).
Eni has kicked off production from the second stage of its oil and gas development off the coast of Côte d’Ivoire, which is said to be the largest discovery in this country and the first net-zero upstream project, in terms of Scope 1 and 2 emissions, on the African continent.
Estonia’s Defense Forces launched a naval operation early today to protect the Estlink 1 interconnector between Estonia and Finland as a response to the damage that occurred on the day of Christmas on Eastlink 2. Finland’s transmission system operator (TSO) Fingrid reported to the authorities on Dec
Seadrill has bid farewell to a jack-up rig that spent eight years out of work. The divestment is perceived as an enabler of the firm’s strategy to leave the benign jack-up market.
U.S.-based Commonwealth LNG, which is developing a liquefied natural gas (LNG) export terminal project near Cameron, Louisiana, has appointed a new member to the positions of General Counsel and Chief Commercial Officer.
France-based Sercel, a designer and manufacturer of high-tech solutions for subsurface exploration and part of Viridien, has secured a contract with a marine geophysical company to deploy its new marine seismic source in the Gulf of Mexico. Sercel will deploy its Tuned Pulse Source (TPS) and related
Northern Pathfinder, the second LNG-powered LCO2 carrier that will service the Northern Lights, has been delivered.
