Following an undercover reporter filming a lobbyist for ExxonMobil stating that the company’s climate policy was just a PR stunt, the chief executive officer (CEO) of ExxonMobil issued a statement refuting those claims.
German Chancellor Angela Merkel and UK Prime Minister Boris Johnson have outlined their support for the NeuConnect interconnector between Germany and the UK. The two European leaders spoke about the NeuConnect project today, 2 July, as part of Merkel’s visit to the UK to meet Johnson. “Collaboration
Chevron, the operator and the Gorgon joint venture, will proceed with the approximately $4 billion Jansz-Io Compression project in Australia.
Dry cargo vessel owner and operator Navios Maritime Partners has inked a deal to acquire five drybulk vessels for a total of approximately $182.3 million.
Danaos Corporation has exercised its option to acquire the remaining equity interests in its joint venture Gemini Shipholdings Corporation. Gemini is a Marshall Islands company incorporated in August 2015 and beneficially owned 49% by Danaos Corporation and 51% by Virage International, a company con
One of the largest funding programmes of the European Union, launched to accelerate the economic recovery following the coronavirus pandemic, has provided a substantial subsidy for the development of an offshore floating solar farm off the coast of The Hague in the Netherlands.
Workers at the Victoria International Container Terminal at Melbourne’s Webb Dock have reached a deal with their employer on a new enterprise agreement locking in new employee benefits. The Maritime Union of Australia said the agreement would deliver immediate benefits to the workforce, with 75 per
During the first half of 2021, a total 277 container ships have changed hands, a 103.7% jump from 136 ships bought and sold in the same period of 2020, data from Vessels Value shows. The jump testifies to a red-hot container market that has fueled demand for tonnage, not only in the charter market,
Oil and gas companies Jadestone Energy and OMV’s New Zealand arm have agreed to give themselves more time to complete the transaction for the Maari offshore field in New Zealand.
Chevron Australia has selected Aker Solutions to provide subsea compression technology for the Jansz-Io Compression (J-IC) project offshore Western Australia. The companies remain in ongoing discussions to finalize the contract, after which a further announcement will be made. The value of the contr
De Nora, an Italian supplier of sustainable technologies, has formally completed the acquisition of the UV Technologies Division (CCUV) from Pennsylvania-based Calgon Carbon Corporation.
The Letter of Intent (LoI) for the construction of a Windfarm Development Vessel (WDV) – issued last year by Triumph Subsea Services to InfraStrata plc – has been formally cancelled, Triumph Subsea said after InfraStrata reported the LoI had been set aside as the shipbuilder was not confident the pr
Nexans has inaugurated a new cable harness production facility in the city of Tianjin, China, dedicated to the local wind energy industry. The facility has 3,000 square meters of production and storage space and will manufacture M12 sensor cables, valve connectors, and customized solutions specific
Equinor has secured regulatory consent to start-up facilities and modifications associated with the Troll phase 3 project in the North Sea.
