The coalition promoting the uptake of LNG as a marine fuel, SEALNG, believes LNG is a viable pathway to meet the International Maritime Organization (IMO)’s 2050 greenhouse gas (GHG) targets.
Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, reported a rise in its fourth-quarter profit.
Billionaire John Fredriksen’s offshore drilling company Northern Drilling feels offshore drilling market is on a recovery path, and the company is optimistic about future as clients prefer modern high-spec rigs, of which the company has four, with an option for one more.
Oceanic Platform of the Canary Islands (PLOCAN) has hosted a delegation of technology companies linked to the field of innovation in vertical mobility in air and sea, which participate in the “Canary Islands Future Lab” initiative. The delegation visited the land facilities of PLOCAN in order to lea
Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business turned into a profit on a strong market.
Norwegian LNG transportation provider Awilco has tightened its losses during the fourth quarter and the full-year 2018.
Belgian offshore wind developer Parkwind has launched the geotechnical campaign for the 247MW Arcadis Ost 1 offshore wind project located in the German Baltic Sea. Parkwind has appointed Fugro to perform the soil investigation. The campaign has started with the unexploded ordnance survey and will co
Qatar Petroleum and ExxonMobil have made a natural gas discovery on the Glaucus-1 prospect, located in Block 10 in the Eastern Mediterranean, approximately 180 kilometers southwest from Limassol port, offshore Cyprus.
The frigate collided with oil tanker Sola TS at the Sture terminal in Norway in November 2018.
ALE has completed its full scope of work on Ørsted’s Hornsea Project One offshore wind farm. The project concluded in February 2019 when ALE completed the final discharge of the 106th transition pieces (TPs) onto the installation vessel. ALE was contracted by GeoSea to provide the specialist offshor
The first 6,000-tonne caisson started its journey from Cromarty Firth this week to Aberdeen’s South Harbour, a marine support center for the oil and gas industry, marking what has been described as another landmark stage with Aberdeen Harbour’s £350-million expansion project.
Korea Midland Power (KOMIPO) and Vitol Asia have signed a memorandum of understanding (MOU) on cooperation in various sectors including liquefied natural gas.
Aging crew transfer vessel (CTV) fleets may no longer be suitable for requirements of modern offshore wind projects, driving market demand for vessel upgrades and repurposing, according to Chartwell Marine. While offshore wind is a young sector, with the majority of large-scale European projects no
French liquefied natural gas containment system specialist, GTT, posted a 2.2 percent rise in revenue for the year 2018.
