WesternGeco has completed an ocean bottom nodes multiclient survey in the North West El Amal block, offshore Egypt, for Neptune Energy.
Finnish state-owned gas company Gasum reported a 30 per cent year-on-year decline in net profit saying it only had minor impacts from the Covid-19 coronavirus pandemic. Lower power and gas prices have weighed down on Gasum’s profits. Gasum’s net profit totaled 12.3 million euros ($13.3m), compared t
As the envisaged transformation of the European waterborne transport would require significant investments, SEA Europe has proposed the creation of a dedicated EU Maritime Fund as an alternative to extending the EU Emission Trading Scheme (ETS) to shipping.
Shell and Eneco have jointly submitted a bid in a zero-subsidy round of the tender to develop the Hollandse Kust (noord) offshore wind farm in the Dutch North Sea. The two companies are, through their CrossWind joint venture, competing with several other bidders including Ørsted, to develop a wind f
Noble Corporation saw its quarterly net loss deepen after being negatively affected by rig impairment charges amid lower demand as a result of the coronavirus pandemic and low oil prices.
The United States Federal Energy Regulatory Commission (FERC) issued a permit to Kinder Morgan units to continue the commissioning process at the Elba Island liquefaction project near Savannah, Georgia.
Hyundai Heavy Industries (HHI), the biggest shipbuilder in South Korea, has secured an order for two crude oil carriers.
Star of the South Wind Farm has partnered with Curtin University and Deakin University to assist with offshore site investigations for Australia’s first offshore wind project. Curtin University’s Centre for Marine Science and Technology is helping understand marine mammals in the project area, while
Equinor recorded a loss in the first quarter of the year due to low oil prices and impairments of $2.5 billion but delivered a record-high production during the period.
Singapore’s liquefied natural gas import terminal on Jurong Island has received 320 shipments of the fuel since it started operations seven years ago. Out of these, 225 shipments totaling over 15 million tonnes of LNG were used for regasification, terminal operator Singapore LNG said on Thursday mar
Chairman of oil and gas company Cairn Energy has indicated that he will retire from the board of directors.
Texas LNG’s proposed Brownsville liquefied natural gas export terminal in South Texas took a step toward by receiving an air permit. The permit allowing the construction and operation of the facility has been granted by the Texas Commission on Environmental Quality on Wednesday. Securing this permit
McDermott’s unit CB&I Storage Solutions has won a contract to build four liquefied petroleum gas spheres for an energy infrastructure project in the Caribbean region. McDermott defined the contract as “sizable” meaning it is worth between $1 million and $50 million. The scope of the project includes
Maersk Supply Services, a Danish offshore supply vessel provider, has decided to reduce its onshore organization due to challenging oil and gas market situation. In response to the negative development in the oil and gas industry, Maersk Supply Service said on Wednesday that it would reduce its onsh
