Malaysia’s anti-graft agency has started investigating oil services provider Aker Solutions on suspicions of making false statements in its dealings with state-owned company Petronas.
The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambitions to achieve the coalition’s vision of 1,400 GW of offshore wind by 2050. To support the rapid, global scale-up of ocean-based clean energy, OREAC published The Power of O
Celsius Tankers, a unit of the Copenhagen-based Celsius Shipping, has found work for its newbuild trio of ultra-eco LNG carriers.
Norwegian shipping company Rem Offshore has been awarded another contract for a platform supply vessel (PSV) from Apache in the UK North Sea.
The Danish Tax Agency has decided to tax Ørsted’s Walney Extension and Hornsea One offshore wind farms in the UK and the developer has now announced an appeal to this decision to the Danish Tax Appeals Agency. Namely, Ørsted received an administrative decision on 1 December for the tax years 2015 an
Oilfield services provider Petrofac has signed a three-year partnership with workflow automation software provider Intoware to develop and deploy workflow automation software specifically tailored to the oil and gas industry.
What will become of oil and gas exploration efforts in the near- and longer-term following a drastic decrease in the level of oil and gas investments?
Alternative fuels are gaining traction in the maritime industry amid growing regulatory pressure and currently, they account for 3.5% of the fleet, and 27% of the order book by tonnage, data from Clarksons Research shows.
Vessel operating costs have risen at their fastest pace in over a decade this year, on higher insurance cover premiums and COVID-19 related expenses, UK-based shipping consultancy Drewry said. The costs are expected to moderate in subsequent years as pandemic related spend unwinds, according to Drew
Canada-based Waterfront Shipping Company (WFS), a wholly-owned subsidiary of Methanex Corporation, has placed an order for eight new methanol dual-fuel vessels with South Korean shipbuilder Hyundai Mipo Dockyard. The vessels will add to WFS’s existing fleet of 11 methanol-fuelled ships, which have b
Sapura Energy’s drilling subsidiary Sapura Drilling has sent one of its rigs on its way to Congo to start drilling work for French oil major Total.
Danish renewable energy company Ørsted has completed the sale of its liquefied natural gas (LNG) business to Glencore.
ProCon Wind Energy has established an office in the U.S. dedicated to the local offshore wind sector. The office will be located at Groundworks in the Port of New Bedford, Massachusetts. “In addition to this, we are pleased to be supported by Xodus Group in the establishment of our US presence,” Pro
Offshore drilling contractor Seadrill Partners has filed voluntary petitions under Chapter 11 of the Bankruptcy Code to preserve value and to continue the operation and marketing its assets.
