BP on Tuesday reported a small profit for the third quarter of 2020 compared to a huge loss in the prior quarter and a profit in the third quarter of 2019.
Australia’s Palaszczuk Government has announced plans to invest AU$21 million ($14.9 million) over two years to revitalise Queensland’s shipping industry.
Saudi Arabia’s Bahri, the world’s largest owner and operator of very large crude carriers (VLCCs), closed the third quarter of this year with a 114% rise in its net profit that was attributed to improvement in operations.
Eagle LNG Partners has signed a long-term deal with Barbuda Ocean Club in Barbuda, West Indies, for the use of natural gas for power generation.
ASM Industries has begun the fabrication of 42 tower sections for the Siemens Gamesa turbines destined for the Windpark Fryslân offshore wind project. The fabrication activities began in September and will be taking place at ASM Offshore in Aveiro Port during the next months. “This is a very importa
The oil and gas sector is joining the energy transition, with net-zero pledges from the big oil and gas names already widely familiar. While its move towards the fully green and clean side of things is being done slowly and safely, the industry has encountered a push or two from the circumstances ar
Prosafe has been awarded a contract by ConocoPhillips to provide accommodation support on the Ekofisk field located offshore Norway.
Offshore drilling contractor Awilco Drilling is preparing for cost-cutting measures amid a challenging environment in the offshore drilling market.
Oil major BP has started gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.
Equinor has received a notification of order from the country’s offshore safety watchdog after an audit found serious breaches on the Grane field.
OLT Offshore LNG Toscana, the operator of the floating import terminal off the coast between Livorno and Pisa, has been permitted to perform small-scale operations.
Australian oil and gas player Karoon Energy has appointed Dr Julian Fowles its as Chief Executive Officer and Managing Director.
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Lundin Energy Norway for a well located in the North Sea offshore Norway.
China’s MingYang Smart Energy has signed a Memorandum of Understanding (MoU) with Pecém Industrial Complex (CIPP) to develop a pilot offshore wind project in Brazil. The parties announced they are starting the pre-feasibility studies for the pilot wind farm that will be located off the coast of Pecé
