Italian oil giant Eni is adamant it did nothing wrong when it, together with Shell, bought a stake in the OPL 245 field in Nigeria back in 2011. To remind, according to reports from February, Italian prosecutors have charged Eni and its CEO Claudio Descalzi with international corruption over the con
As of 2019, GeoSea will use a next generation vessel – named Orion – for the construction of the large offshore wind farms, after its mother company DEME placed an order for the 216.5m DP3 installation vessel with COSCO shipyard in China.
U.S. Army Corps of Engineers said that Neptune LNG filed for a permit to decommission the Neptune Deepwater LNG port in U.S. waters off the coast of Marblehead, Massachusetts.
Chinese shipbuilder Jiangsu Hantong Ship Heavy Industry has held a steel cutting ceremony for a jack-up wind farm installation vessel being built for Nantong Ocean Water Construction.
Steelhead LNG, a Vancouver-based energy company developing LNG projects in British Columbia, named Kerri Fox, former head of BBVA Securities’ project finance North America business, as a chief financial advisor.
Australian LNG player Woodside revealed on Tuesday that its Chief Executive Peter Coleman has taken a nearly $850,000 pay cut despite the fact that the company posted a jump in its profit last year. Coleman, who has been at the helm of Woodside since 2011, received $6.71 million in total compensatio
Venture Global LNG filed a formal application with the US Federal Energy Regulatory Commission requesting authorization to site, construct and operate the Plaquemines LNG export terminal.
Houston-based oil company Cobalt International Energy is in violation of the listing standard at The New York Stock Exchange (NYSE) with a six month deadline to regain compliance. Cobalt announced that on February 27, 2017, it was notified by NYSE that the company is no longer in compliance with cer
San Diego-based energy company and LNG operator Sempra Energy on Tuesday reported a 4 percent rise in its fourth-quarter profit. Sempra Energy’s fourth-quarter adjusted earnings rose to $383 million, or $1.52 per diluted share, compared with $367 million, or $1.46 per diluted share, in the fourth qu
Australian oil and gas company AWE has completed the sale of its 57.5% interest in the Tui Area Oil Project off New Zealand, including the transfer of operatorship, to Malaysia’s Tamarind Management. AWE said on Wednesday that the 57.5 percent interest in Tui was for a cash consideration of $1.5 mil
To achieve further growth, the EU shipping policy needs to be globally oriented and aimed at improving the region’s competitiveness as a location for international shipping, a study by Monitor Deloitte says. The study was commissioned by the European Community Shipowners’ Association (ECSA) as an in
By Alissa de Carbonnel BRUSSELS (Reuters) – Plans to ease Ireland’s near total dependence on energy imports via Britain have shot to the top of the agenda, the nation’s energy minister said on Monday, as it grapples with the risk of how Brexit could alter ties with its key partner. Two projects long
An international consortium led by Chevron has signed an exploration contract with Mexico’s National Hydrocarbons Commission (CNH) for Block 3 in the deepwater Gulf of Mexico. The consortium consisting of Chevron’s subsidiary Chevron Energía de Mexico, S de R.L. de C.V as operator and Pemex Explorac
Knot Offshore Partners has completed its acquisition of the ownership interests in the company that owns and operates the shuttle tanker Tordis Knutsen. In a transaction that involves several companies, Knot Shuttle Tankers AS, a subsidiary of Knot Offshore Partners, has entered into a purchase agre
