Royal Dutch Shell, one of the world’s largest oil companies, has been put under investigation by Dutch and Italian authorities over an alleged corruption related to an acquisition of an oil block in Nigeria in 2011. Global Witness, an international NGO investigating corruption in the energy sector,
Atlantic Pioneer, the first US-built offshore wind service vessel, will be delivered next week, after recently undergoing sea trials in gale force winds, according to Rhode Island Fast Ferry. The 21-meter crew transfer vessel was built by the Rhode Island-based Blount Boats to service a 20-year crew
InterOil of Papua New Guinea posted a US$241.9 million net loss in 2015, compared to a $289.8 million net profit in 2014.
Fluxys Belgium, the operator of the Zeebrugge LNG terminal, on Wednesday said its 2015 net profit reached €49.3 million, compared to €47.8 million in 2014.
As the pains of the dry bulk market protract into this year as well owners feel propelled to delay deliveries of their fleet additions as they struggle to find decent rates for the existing fleet units. This is particularly hurting Capesize owners who have pushed half of their Capesize newbuildings
French LNG player Engie on Wednesday said it is planning to invest up to €100 million into building liquefied natural gas and compressed natural gas filling station in Europe.
The construction of utilities and living quarters topside has started for the offshore platform, which will be located at the Statoil-operated Johan Sverdrup field, offshore Norway. Norwegian construction company Kvaerner said the first steel plates for the utility and living quarters (ULQ) topside
Adriatic LNG, the operator of the regasification terminal off the Veneto coast, began auctioning the regasification and underground storage service for Italian operators and industrial clients.
Head of the Russian Gazprom, Alexey Miller on Wednesday met with Japanese ambassador to Russia Toyohisa Kozuki to discuss the relations between Gazprom and Japanese energy companies.
BP of UK on Thursday signed a production sharing contract (PSC) with China National Petroleum Corporation (CNPC) for shale gas exploration, development and production in the Neijiang-Dazu block in the Sichuan Basin, China.
An upgrade of DP Gezina and DP Galyna, Chevalier Floatels’ walk2work offshore support accommodation vessels, is soon to be completed and the vessels will be ready to support the offshore wind and oil and gas industries. Marcel Roelofs, CEO of the Dutch developer and operator of offshore and nearshor
Press Release Walk2work offshore support accommodation vessels DP GEZINA and DP GALYNA are now being upgraded for even better performance. Dutch developer and operator of walk2work offshore and nearshore support vessels and barges, Chevalier Floatels, says these vessels will be available for charter
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) on Wednesday said the company’s managing director and CEO Haji Abu Fitri Abdul Jalil will renounce its position on April 30, leaving for Petronas.
The four crew members of a chemical tanker that were kidnapped off Nigeria on March 5 have been released and are reported to be in good health, the Hellenic Coast Guard said. The undisclosed owner of the chemical tanker, which has also remained unnamed, told the coast guard that the crew, including
