Indonesia’s state power company PT Perusahaan Listrik Negara has reportedly cancelled two shipments of liquefied natural gas from the BP-operated Tangguh plant. The cargoes of around 213 billion British thermal units per day were for May delivery, Reuters reported on Tuesday citing Arief Setiawan Ha
Simec Atlantis through its partnership with ITPEnergised has worked with The China Shipbuilding Industry Corporation (CSIC) and China Three Gorges (CTG) to develop CTG’s first SG500kW tidal stream turbine. The structure stands between the islands of Putuoshan and Huludao in the Zhoushan archipelago
Due to the coronavirus pandemic, Hurricane Energy has received an extension of a deadline to plug and abandon the Lincoln Crestal well off the UK, which will allow it to gather more data and further insight into the reservoir behaviour.
Australia-based shipping group ASP Ships Group (ASP) has acquired a 50 per cent shareholding in New Zealand’s Coastal Bulk Shipping Ltd (CBS).
ADNOC and ADPower have issued a joint tender to develop and operate the MENA region’s first HVDC subsea transmission system. The system will connect ADNOC’s offshore production facilities to ADPower’s onshore electricity grid. The project should as a result reduce the carbon footprint of ADNOC’s off
Dolphin Drilling will carry out a programme of North Sea drilling work for Wellesley Petroleum.
Germany’s Ernst Russ Group closed the 2019 financial year with positive overall business performance, completing a number of strategically important projects and further expanding as a maritime asset and investment manager.
Offshore drilling contractor Diamond Offshore has started voluntary Chapter 11 proceedings to restructure and strengthen its balance sheet.
Petronas has refuted allegations in news reports stating the company has deactivated 14 rigs and shut down 14 projects.
OceanSET partners produced their first annual report based on recent information on costs, technologies, revenue support and other facts. OceanSET is a 3-year project supporting ocean energy implementation plan of the European Strategic Energy Technology Plan (SET Plan). This €1 million project has
The last two modules for Equinor’s Johan Castberg FPSO turret mooring system have sailed away from Dubai to Singapore.
Poland’s dominant gas firm PGNiG claims that Russian giant Gazprom has not reduced gas prices despite a court ruling last month. The arbitration tribunal in Stockholm ruled in March that Gazprom must pay PGNiG about $1.5 billion in a pricing dispute case. The court also ruled that a gas pricing form
Affected by coronavirus costs and provisions, Kvaerner sank to a loss in the first quarter of the year compared to a profit in the year-before quarter.
In order to support companies in Belgium’s Port of Antwerp during the coronavirus crisis, Antwerp Port Authority has agreed to let them delay payment of port dues for seagoing ships and barges.
