German shipbuilder MV Werften, part of Genting Hong Kong, has decided to prolong the production halt for two more weeks amid the coronavirus crisis.
The Dutch Port of Rotterdam is anticipating a throughput drop of up to 20 per cent this year.
Canadian oil and gas company Zenith Energy has renegotiated the terms for the acquisition Anglo African Oil & Gas’ subsidiary which is the operator of the Tilapia oilfield in the Republic of the Congo.
Vattenfall and TenneT have signed an agreement for the offshore grid connection for the Hollandse Kust Zuid 3 & 4 wind farm in the Netherlands. Vattenfall secured the rights fo build the Hollandse Kust Zuid 1 & 2 and the Hollandse Kust Zuid 3 & 4 wind farms in the first two subsidy-free offshore win
The United States exported more liquefied natural gas cargoes in the week ending April 15 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that 17 LNG cargoes were dispatched from four US terminals between Apri
Chrysaor’s decommissioning program for its Ganymede platform topsides, which is located on the Jupiter area in the UK sector of the North Sea, has been approved by UK authorities.
Incat Crowther has delivered the first two low emission EPA Tier 4 compliant passenger ferries to NYC Ferry.
Offshore accommodation specialist Prosafe and oil major Total have agreed to delay Total’s 2020 North Sea campaign, which was supposed to use Prosafe’s Safe Caledonia flotel.
Eco Wave Power has reached a concession agreement with APDL (A Administração dos Portos do Douro, Leixões e Viana do Castelo) to use an area potentially suitable for a wave energy power plant of up to 20MW in four locations owned and operated by APDL. APDL will provide EWP with the concession for it
The Hague-based Shell reached a final investment decision to develop Arrow Energy’s Surat gas project in Queensland, Australia.
Canada’s Pieridae Energy said on Thursday it postponed a final investment decision to build the Goldboro LNG export plant in Nova Scotia due to the effects of the coronavirus pandemic. The liquefied natural gas export project will be delayed beyond September 30, 2020. Pieridae Energy previously expe
Oil major Chevron has sold its interest in assets offshore Azerbaijan to Hungary’s MOL for $1.57 billion.
The article delves into legal intricacies of declaring force majeure events on existing offshore construction contracts in case of delays caused by the coronavirus pandemic as well as key points to consider when entering new contracts.
Mexico Pacific said Thursday it has engaged Mitsubishi UFJ Financial Group as a financial advisor as it moves towards a final investment decision on its LNG export project. Japan’s MUFG is one of the world’s largest publicly traded financial institutions and Mexico Pacific believes that this move wo
