The effect of the COVID-19 pandemic and the ongoing oil price war will likely cause the cancellation of more than half of the world’s planned licensing rounds, according to energy intelligence firm Rystad Energy.
Around one third of cargo is estimated to have been removed from the grounded Norwegian ship Kaami off the coast of Scotland.
A Hong Kong-flagged vessel was boarded by unidentified armed men in the Gulf of Oman.
Swiss engineering group ABB is providing electric propulsion, storage and other technology for what is claimed to be the first tug in South Asia capable of switching between LNG and battery power. The tug, which will operate in Singapore harbor, has been ordered by Sembcorp Marine subsidiary Jurong
eDrilling, a supplier of AI, machine learning, and predictive analytics solutions to the oil and gas industry, has been awarded a contract by French oil major Total for its well construction planning technologies.
Huawei Marine Networks (HMN) and PEACE have advanced the manufacture and integration of the PEACE system. The system will offer the lowest latency connecting China, Europe and Africa. Throughout 2020, the delivery of the PEACE system has faced numerous challenges due to the effects and global impact
Greece-based LNG shipping company TMS Cardiff Gas said it has taken delivery of a brand new liquefied natural gas carrier. The tanker named Amberjack LNG was delivered to its charterer, one of the major gas companies, on Tuesday, according to TMS Cardiff Gas. Amberjack LNG is a sister vessel to LNG
Wärtsilä, Stena Line, and Methanex marked five years of the successful operation of the methanol-fuelled ferry Stena Germanica.
The Port of Rotterdam is another step closer to becoming a carbon-neutral port in the future.
Conrad Petroleum has seen an uplift in its resource estimate on the Mako gas field, part of the Duyung PSC in the West Natuna Basin, offshore Indonesia.
The Port of Antwerp finished the first quarter of this year with a total freight volume growth of 4 per cent year over year.
Norwegian vessel owner Solstad Offshore has delivered its DLB Norce Endeavour lay pipe barge to Italian oilfield contractor Saipem.
Houston-based oil and gas company Vaalco Energy has completed workover operations on the South East Etame 2H well offshore Gabon.
Crystal Expedition Cruises postpones the launch of its polar-class expedition ship, Crystal Endeavor, due to shipyard shutdown.
