Energy projects that need oil prices above $60 per barrel in order to break even risk being uncommercial going forward, according to Rystad Energy. However, massive investments in exploration and sanctioning are still needed to meet growing global demand.
Volumes at the US major container ports surged in November as retailers imported merchandise ahead of new tariffs.
Turkish oil and gas pipeline operator Botas is reportedly seeking 30 liquefied natural gas (LNG) cargoes for delivery over December 2019 to March 2020.
French integrated maritime solutions provider Jifmar Offshore Services has acquired the Scotland-based wind farm support vessel operator Delta Marine. With the acquisition of the Shetland-based Delta Marine, Jifmar will now operate a fleet of nearly 40 vessels worldwide. The move is expected to stre
One of the major concerns related to biofuels’ role as the zero-carbon fuel of the future is the availability shortage.
Wison Offshore & Marine has begun work on Novatek Arctic LNG 2 project at the Zhoushan yard in China.
The Puget Sound Clean Air Agency has completed a review of Puget Sound Energy’s Tacoma LNG storage and fueling terminal.
Wood has been awarded a new contract by Equinor to deliver modifications to two offshore installations in the Norwegian North Sea to connect electric power from the Hywind Tampen floating wind farm. Equinor’s project replaces energy generated by gas turbines with electricity from the 88MW floating w
Wood has been awarded a new contract by Equinor to deliver modifications to two offshore installations in the Norwegian North Sea to connect electric power from the Hywind Tampen floating wind farm. Equinor’s project replaces energy generated by gas turbines with electricity from the 88MW floating w
There has been little improvement in working conditions at the shipbreaking yards in Alang-Sosiya.
Talos Energy has entered into a series of definitive agreements to acquire a broad portfolio of U.S. Gulf of Mexico producing assets, exploration prospects and acreage from affiliates of ILX Holdings, Castex Energy, and Venari Resources for $640 million.
The nine crew members that were kidnapped from the bulk carrier MV Bonita early November have been released.
Croatia’s Alpha Adriatic and Cypriot ETCA Caspian Limited have decided to shut down its LNG joint venture Uljanik Plovidba LNG.
Aker BP has executed the first successful “Single-Trip Multi-Frac” campaign on the Valhall field located offshore Norway. This specific method of well stimulation has never been done offshore before, according to Aker BP.
