ECSA stressed that more sector-specific actions are needed to save the European shipping industry.
Brazilian oil and gas regulator ANP has temporarily suspended the country’s 17th Bidding Round for the award of offshore exploration and production acreage due to the coronavirus crisis.
In the downturn of 2020, global exploration & production operators will only be able to cut supply chain costs by up to 12%, a Rystad Energy analysis shows.
stralia-based Triangle Energy has joined many other oil and gas companies in efforts to preserve financial stability amid low oil price environment and coronavirus pandemic with a set of cost-cutting measures.
Malaysian offshore support vessels and subsea services provider Alam Maritim Resources has been awarded a work order for the provision of anchor handling tug and supply (AHTS) for Petronas Carigali.
AGA part of Linde and a sister company of Nauticor, on April 2 completed a milestone LNG bunkering at the port of Stockholm. AGA became part of Linde changing its name to Linde Europe North in January. Nauticor, in a brief statement highlighting the milestone through its social media channels, said
Oil and gas company Apache Corporation has made a ‘significant oil discovery’ at the Sapakara West-1 well drilled offshore Suriname on Block 58.
Liquefied natural gas (LNG) shipper GasLog said it has taken delivery of a newbuild vessel from the South Korean Samsung Heavy Industries shipyard.
Polish sole liquefied natural gas (LNG) import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo from the United States.
Ocean Yield, a ship owning company with investments in vessels on long -term charters, has agreed to extend the standstill period with Solstad Offshore and its subsidiaries for two anchor handlers.
Byron Energy has decided to ramp-down production from the SM71 field in the U.S. Gulf of Mexico due to a sharp decline in demand and glut in both international and local supplies.
Chinese shipyard Hudong-Zhonghua has launched a floating storage and a regasification unit (FSRU) for Greek shipping company Dynagas. The LNG FSRU named Transgas Power was launched at the Korean yard on March 30, according to a Hudong-Zhonghua statement. The vessel which is also capable of operating
The world’s largest liquefied natural gas producer Qatargas delivered the first cargo of liquefied natural gas (LNG) on a Q-Flex vessel to the ENN Zhoushan LNG receiving terminal in China.
Aker Energy has postponed the development of its Pecan field, located offshore Ghana. As a result, Aker Energy terminated its agreement with Yinson for the provision of an FPSO for the project.
