Anglo-Dutch energy giant Shell has signed a supply deal with Hungary to supply the nation with LNG via the upcoming Croatian Krk import terminal. Under the deal, Hungary will buy 250 million cubic metres of gas equivalent per annum for a period of six years, Foreign Affairs Minister Peter Szijjarto
The outbreak of the Coronavirus pandemic has basically put a brake on investments in the shipbuilding sector, especially on the container shipping side, as many owners shelved their newbuilding plans for better days. Instead of plotting fleet expansion plans, liner companies have had to save liquidi
Australian energy company Woodside has entered into a binding sale and purchase agreement to acquire Cairn’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture.
Axxis Geo Solutions (AGS) has entered into a data licensing agreement with an undisclosed international oil company. The late sale is related to the company’s OBN seismic data library over Utsira in Norway. The Utsira OBN seismic data library is now in its final stage of data processing. Processing
Malaysian energy giant Petronas dropped to a loss in the first six months of the year.
Greece-based Dynagas LNG Partners, a partnership formed by shipowner Dynagas, reported a rise in its second-quarter profit.
ARO Drilling, a Saudi-focused offshore drilling joint venture between oil and gas giant Saudi Aramco and Valaris, has named a new chief executive officer (CEO) of the company.
Tech giant Apple will invest in the construction of two MHI Vestas 8.4 MW offshore wind turbines which will be installed onshore near the town of Esbjerg in Denmark. The 200-metre-tall turbines are expected to produce 62 gigawatt-hours of electricity each year. The power produced at Esbjerg will sup
The festivities scheduled for OPEC’s 60th Anniversary, originally scheduled for later this month in Baghdad where the organization was founded, have been postponed.
Ideol and Bridon-Bekaert Ropes Group (BBRG) have entered a strategic partnership to develop a new synthetic mooring solution for the floating offshore wind market. According to the parties, the goal is to meet the floating offshore wind market’s cost reduction, capacity and lead-time expectations. “
Dubai-based port and terminal operator DP World and Canada’s insitutional investor Caisse de dépôt et placement du Québec (CDPQ) have announced the expansion of their ports and terminals investment platform through a new commitment of $4.5 billion.
SapuraOMV Upstream has started production from its operated Bakong gas field project under the SK408 Production Sharing Contract in Malaysia.
Estonian ferry company AS Tallink Grupp has launched a reorganization process that will impact up to 2,500 employees in all the company’s home markets combined. The reorganization is being announced as Tallink battles with a major drop in revenues from the tourism industry massively impacted by the
Prosafe and oil major Shell have agreed to defer and amend the contract for the Safe Zephyrus to provide accommodation services in support of the Shearwater platform turnaround in the UK North Sea.
