Italian energy giant Eni has announced a major overhaul of its business as it steps up efforts toward energy transition. The company will create two business units with one focused on oil and gas called “Natural Resources” and the second new unit which will focus mainly on renewable energy named “En
Greece-based Dynagas LNG Partners, a partnership formed by shipowner Dynagas, reported a rise in its first-quarter profit boosted by higher voyage revenues. Net income for the three months ended March 31 increased to $7 million as compared to $1.9 million in the same period in 2019. Dynagas LNG attr
The United States exported less liquefied natural gas cargoes in the week ending June 3 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that five US terminals dispatched ten LNG cargoes between May 28 and June
Gulf of Mexico operators are removing workers from its offshore assets and ramping down production due to an incoming tropical storm.
Eidesvik Offshore has been awarded a four-month extension to the current time charter party for the platform supply vessel MV Viking Lady with Aker BP.
A court in Brazil has accepted a money laundering and corruption complaint against a former Sembcorp Marine employee as part of the widespread Brazilian Car Wash probe.
Shell and Cluff Natural Resources remain committed to drilling the Pensacola and Selene prospects, located off the UK, despite the coronavirus pandemic.
Vattenfall has made the final investment decision for the zero-subsidy Hollandse Kust Zuid 1-4 wind farm project in the Dutch North Sea. The 1.5 GW Hollandse Kust Zuid will be the largest offshore wind farm in the Netherlands and in the world once operational in 2023. Vattenfall was awarded the cont
Poland’s dominant gas firm and LNG importer PGNiG reported a 29 per cent lower net profit in the first quarter, hit by impairments. Quarterly net profit stood at 779 million Zlotys ($196m) when compared to 1.1 billion Zlotys in the January-March period last year. Revenue also declined 4 per cent yea
Cash-strapped LNG Limited has finally agreed the sale of its Magnolia liquefied natural gas export project at the third time of asking.
Classification society DNV GL and technology company ABB have signed a new memorandum of understanding (MOU) to accelerate digitalisation in the maritime industry.
Archer has been awarded the fishing, milling & wellbore cleaning services for Repsol Norge on the Gyda platform located offshore Norway.
New Zealand state-owned enterprise KiwiRail has issued a request for proposals to find a preferred shipyard to build the two new rail-enabled roll-on/roll-off passenger (RoPax) ferries for the operator Interislander.
New Zealand Oil & Gas (NZOG) is looking to increase its portfolio through the acquisition of producing assets, developing projects, and exploration prospects.
