Towanda LNG, the new LNG facility from Pivotal LNG, marks the company’s first expansion into the U.S. Northeast and Mid-Atlantic market.
U.S. small-scale provider of energy transition services Stabilis Solutions and Galveston Wharves have signed a memorandum of understanding (MoU) to facilitate the use of LNG as a marine fuel at the Texas port.
Irish renewable energy developer DP Energy has teamed up with Japanese shipping major Kawasaki Kisen Kaisha (“K” Line) and power utility company Chubu Electric Power to develop the Uisce Tapa tidal energy project in Nova Scotia, Canada.
UK gas company IOG plc has committed to Scope 1 & 2 net-zero status as of 2021 following the completion of an Emissions Assessment.
Valaris is seeing early signs of recovery in rig demand evidenced by new contracts for its fleet of drillships, semi-submersible, and jack-ups.
Transocean reduced its quarterly losses despite lower revenues and is encouraged by the current upcycle in the offshore drilling market.
ConocoPhillips saw an increase in its earnings for the second quarter of 2021 compared to the same period in 2020 driven by higher oil and gas prices.
BP has decided to boost its dividend by four per cent and start a share buyback program following a return to profit in 2Q 2021.
UK-based Apollo Offshore Engineering has set its sight on reducing the costs and risks associated with wave energy through the development of a PALM connector which is said to offer ‘real promise’ for array scale deployments.
Canada-based marine technology company Kraken Robotics has completed the acquisition of 3D acoustic imaging specialist PanGeo Subsea.
SBM Offshore has signed a letter of intent with Petrobras for a 22.5 years lease and operate contracts of FPSO Alexandre de Gusmão.
Bangladesh’s Summit Oil and Shipping has signed a memorandum of understanding (MoU) with Commonwealth LNG for the supply of LNG to Asia, including Bangladesh.
Dyna-Mac has secured a fabrication project from a Chinese company for a total provisional contract sum of S$114 million.
US-based LNG equipment maker Air Products’s LNG technology has been selected for the Nigeria LNG (NLNG) Train 7 project.
