UK authorities have approved Ineos’ plan for the removal of the Cavendish platform and associated pipelines located in the UK southern North Sea.
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has obtained a green syndicated loan worth ₩480 billion ($388 million) from the Korea Development Bank (KDB) and other banks.
Shares of South Korean shipbuilders surged on Tuesday following a landmark deal for Qatari liquefied natural gas carriers. LNG producing giant Qatar Petroleum said on Monday it signed deals with South Korea’s biggest three shipbuilders to secure more than 100 vessels worth about $19.2 billion. This
The London Stock Exchange-listed InfraStrata, a company focused on the development of natural gas storage capacity, has pulled the trigger for the acquisition of Meridian Holdings.
The EU-funded Ocean DEMO project has opened its 3rd call. Successful applicants will receive free access to test their ocean energy products and services in real sea environments at the project’s network of test centres. This call will focus on supporting technology developers with high readiness le
The UK’s Department for Business, Energy & Industrial Strategy (BEIS) has postponed the statutory deadline for the decision on planning consent for the 1.8 GW Norfolk Vanguard offshore wind project to 1 July. Vattenfall is the developer of Norfolk Vanguard and the neighbouring 1.8 GW Norfolk Boreas
British oil major BP has named a new chief executive officer (CEO) of its BP Southern Africa (bpSA) entity.
The shipbreaking industry in the Indian sub-continent is starting to exhibit some signs of phased reopening following weeks of shutdowns caused by the Coronavirus. However, the reopening doesn’t mean the pandemic is over, far from it, as the subcontinent continues experiencing infection cases. What
Digital Container Shipping Association (DCSA), a non-profit group established to further digitalisation of container shipping technology standards, has, in conjunction with its nine member carriers, published IoT connectivity interface standards for shipping containers.
Oneka Technologies has partnered with REDE (Renewable Energy Development Enterprise) which is developing projects in Chile and bringing renewable energy solutions. The Canadian firm specifically designs autonomous desalination buoys that use wave energy to produce drinking water. Chile is a country
The Impact Assessment Agency of Canada is inviting the public and Indigenous groups to submit comments on the second phase of Tilbury LNG project expansion.
Seadrill booked a huge loss in the first quarter of the year due to impairment charges amid a significant reduction in global oil demand.
Modus Seabed Intervention has completed a high speed bathymetric and depth of burial survey of the inter array cable routes on the innogy operated Gwynt-y-Môr offshore wind farm. The company utilised the Modus HAUV-2 (Hybrid Autonomous Underwater Vehicle) for the work. The Gwynt-y-Môr offshore wind
Golden Pass LNG, a joint venture of Qatar Petroleum and Exxon Mobil, is seeking approval from U.S. federal energy regulators to boost capacity at its $10 billion export facility in Texas. The company has asked FERC to raise capacity at its terminal under construction by 2.5 million tonnes per year t
