Australian energy company Santos had signed a long-term LNG deal with Mitsubishi Corporation’s Diamond Gas International.
Abu Dhabi National Oil Company (ADNOC) has placed an order for three very large crude carriers (VLCCs) with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering. The contract is worth KRW 282 billion ($ 260 million), according to the shipbuilder. The VLCC trio will be compliant with the
Lack of sufficient recycling capability among shipyards included in the EU list to dismantle large ships remains an issue, according to BIMCO, despite the EU’s efforts to expand the list of approved yards. The EU Ship Recycling Regulation requires all large sea-going vessels sailing under an EU memb
Burckhardt Compression has secured an order to supply its Laby LNG boil-off gas compressors for two 14,000 TEU LNG-fueled containerships.
US Wind has named Jeff Grybowski as CEO to lead the company in developing its MarWin offshore wind project off the coast of Maryland. Grybowski is the former CEO of Deepwater Wind, and under his leadership the company developed Block Island – the first offshore wind farm in the U.S. “I’m thrilled to
Pan-European ferry and logistics company P&O Ferries, owned by DP World, has offered to transport COVID-19 vaccines into the UK free of charge. The United Kindom has become the first Western nation to authorize the COVID-19 vaccine developed by US pharmaceutical giant Pfizer and its German partner B
Eni has entered into agreements with Equinor and SSE Renewables to acquire 10 per cent stake in Dogger Bank A and B from each, which will lead to a shareholding setup of SSE and Equinor each owning 40 per cent and Eni holding 20 per cent in the first two phases of what will become […]
Norwegian shipping and tank terminal company Odfjell SE has reached an agreement with Lindsay Goldberg (LG) to acquire their indirect 24.5% shareholding in Odfjell Terminals Korea (OTK) for $19 million. Following the transaction, Odfjell SE will control 50% of OTK’s shareholding alongside the long-t
Finnish engineering majors Konecranes and Cargotec have won approval from the Finnish Financial Supervisory Authority for their merger prospectus. The merger was announced in October this year. The proposed combination is scheduled to be implemented as a statutory absorption merger whereby Konecrane
The Norwegian Petroleum Directorate (NPD) has revealed almost its entire new set of level-two executives with ten of eleven now in place.
Chevron revealed a 2021 organic capital and exploratory spending program of $14 billion and lowered its longer-term guidance.
Oil major ConocoPhillips and its partners in the Tor Unit have started production from the Tor II project located offshore Norway.
trategic Marine has recently signed a sale and purchase agreement with Malaysian vessel operator Centus Marine for one 40m fast crew boat.
Ørsted and the Maritime Institute of Technology & Graduate Studies (MITAGS) have formed a new three-year offshore wind partnership. With Ørsted’s support, MITAGS has created a virtual offshore wind project navigation simulator, which allows mariners to experience piloting through a commercial-scale
