Esso Australia, a subsidiary of ExxonMobil, has entered into an agreement to charter the Helix Q7000 semisubmersible vessel to support decommissioning activities in Gippsland Basin offshore Australia.
India has become the largest seaborne importer of Russian crude in the wake of the EU ban on seaborne oil imports and subsequent G7 price cap for exports. Exports to India increased from virtually nothing prior to Russia’s invasion of Ukraine to 1.2 Mb/d in November last year, according to Poten & P
Swedish green electrofuel developer Liquid Wind has revealed its plan to establish the country’s third electrofuel facility for the maritime sector, following similar FlahshipONE and FlagshipTWO projects. For this purpose, Liquid Wind, in partnership with Umeå Energi, carried out a feasibility study
Famatown Finance Limited, a company controlled by shipping magnate John Fredriksen, has acquired 4,653,000 additional shares in Belgian tanker shipping company Euronav. Together with related companies, Famatown holds 45,641,478 shares in Euronav or 22.62% stake. The move has brought Fredriksen close
Baker Hughes’ weekly rig count report says that the number of offshore rigs in the U.S. took a nosedive last week and fell by 3 units.
The world’s business and political leaders gathered this week for the World Economic Forum’s annual event in Davos to discuss global challenges and the way forward. The topic of the weeklong event is ‘Cooperation in a Fragmented World’, highlighting the need to work together to overcome the perfect
ADNOC has handed out a letter of award (LOA) related to offshore facilities for a giant offshore gas development to a consortium led by NPCC.
Netherlands-headquartered Fugro has revealed plans to carry out a remotely operated autonomous offshore wind farm inspection, said to be an industry first. Fugro will use its Blue Essence uncrewed surface vessel (USV) equipped with the Blue Volta fully electric remotely operated vehicle (ROV) to con
Greece-based shipping companies Empire Bulkers Limited and Joanna Maritime Limited were ordered to pay $2 million ($1 million each) over violations of pollution acts in the U.S. The two companies were convicted for knowing and willful violations of the Act to Prevent Pollution from Ships (APPS) and
Höegh LNG’s floating liquefied natural gas (LNG) terminal Hoegh Gannet has arrived at Brunsbüttel’s Elbehafen port near Hamburg, Germany to increase German liquid gas import capacity. RWE, which is responsible for filling the FSRU with LNG, together with companies Uniper and EnBW, said that in the n
Belgium’s tanker shipping company Euronav has held a naming ceremony for two very large crude carriers (VLCCs) being built at South Korean shipyard Hyundai Samho Heavy Industries (HSHI).
Mahakarya Geo Survey (MGS), an Indonesian provider of marine seismic, underwater services, and geotechnical survey, has signed a contract with Timor GAP, the national oil company of Timor-Leste, to conduct surveys offshore Timor-Leste as part of the Metinaro survey campaign project.
Equinor has received consent from Norway’s regulator to use one of Transocean’s semi-submersible rigs at a field in the North Sea.
The last major pieces of the contract to build the wave energy test site PacWave South have been executed, paving the way for the completion of the Oregon State University-led facility off the coast of Newport in Oregon.
