The Japan Bank for International Cooperation (JBIC) has confirmed the $14.4 billion financing for the Mozambique LNG project has been finalized.
MISC Berhad inks MOA with six subsidiaries of China-based Zhejiang Satellite Petrochemical for the purchase of six 98,000 cbm VLECs.
Transocean has received a contract termination for its semi-submersible Paul B. Loyd Jr. in the UK. Furthermore, Transocean said that the delivery of the Deepwater Atlas drillship from a Sembcorp Marine yard could be delayed.
Offshore driller Odfjell Drilling has taken over platform drilling and maintenance operations at ConocoPhillips’ Ekofisk Area in the North Sea, offshore Norway.
Ireland-Wales Greenlink Interconnector has secured a planning consent from the Pembrokeshire Coast National Park Authority for a portion of the project’s onshore works in Wales. This marks the first step in a series of planning consents required for the 200-kilometre subsea and underground electrici
Delfin LNG, the company behind the floating export development in the Gulf of Mexico, has won a one-year extension from the US FERC. FERC staff approved Delfin LNG’s request for extension to September 28, 2021, to complete construction of the project’s onshore facilities and put them in service. The
Canadian LNG distributor Cryopeak has joined forces with marine bulk fuels transporter Island Tug & Barge to deliver bunkering services in British Columbia. Cryopeak said in a statement on Wednesday it signed a memorandum of understanding with ITB, a unit of Tidewater Canada. The duo have developed
Qatar’s Nakilat, the world’s largest LNG shipper, reported a 15.5 percent rise in first-half profit as it reduced administrative costs and purchased stakes in four vessels. The Qatari LNG shipping giant posted a net profit of 550 million riyals ($151 million) compared to 476 million riyals in 2019.
The COVID-19 pandemic has stymied oil and gas activity, a phenomenon which has now affected the drilling market both in terms of wells drilled and in terms of related demand for drilling equipment.
Four projects that span four states will get nearly $4.4 million in funding from the Office of Energy Efficiency and Renewable Energy’s (EERE’s) Water Power Technologies Office (WPTO). The funding is a part of the $54.5 million investment in Small Business Innovation Research (SBIR) and Small Busine
Australian energy giant Woodside saw its quarterly revenues drop despite record-high output in the second quarter of 2020 affected by low oil price environment.
Wave Energy Scotland has selected four projects to share just under £1.4 million with aim to cut wave power costs. The companies selected under the funding are: Apollo, Blackfish Engineering Design, Nova Innovation and Quoceant. Projects will develop technology to enable the quick connection and dis
German logistics services provider Hoyer Group is expanding its liquefied natural gas (LNG) transport business footprint.
The EGS Group has completed a series of geotechnical campaigns on offshore wind farms in Taiwan. The DP2 geotechnical vessel Greatship Rachna, equipped with EGS’s EGSA-25 twin derrick geotechnical drilling rig, worked continuously for ten months in Taiwanese waters on three geotechnical campaigns fo
