Towage specialist Svitzer, a part of Maersk, has bagged a ten-year extension of its marine service deal with Sakhalin Energy, the operator of the Sakhalin 2 project.
The value of Australia’s LNG exports is forecast to decline to $49 billion in 2019–20 and fall back further to $44 billion in 2020–21, in real terms, driven by declining oil-linked contract prices.
Ports of Stockholm has halved port fees for ferries at all three of the company’s ports.
Only 1 dry bulk vessel of the planned 24 newbuildings was delivered by Chinese shipbuilders in February 2020.
French energy and LNG giant Total has decided to reduce operating costs and spending to help mitigate the impact of the coronavirus outbreak and oil price downturn. With this move, Total is joining a growing number of energy companies, such as Shell, doing similar measures to cope with the current s
Polish sole liquefied natural gas (LNG) import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Monday.
The world’s largest semi-submersible crane vessel, the Heerema Marine Contractors-owned Sleipnir, arrived at the Port of Rotterdam on Sunday, March 22.
Australian LNG player Santos has decided to cut its spending by $550 million in 2020 in response to the current environment.
Energy company innogy plans to make the Final Investment Decision (FID) for the 1.4GW Sofia offshore wind project in early 2021. The FID will be reached once the contract conditions for possible supplier companies are established, innogy said. Onshore construction on the project is also expected to
The Hague-based LNG giant Shell said on Monday it plans to heavily reduce operating costs and spending to help mitigate the impact of the coronavirus outbreak and tumbling oil prices. Shell said in a statement it would reduce 2020 cash capital expenditure to $20 billion or below from a planned level
Norwegian shipping company Eidesvik Offshore has received notice of early redelivery from Ithaca Oil and Gas Limited for one of its platform supply vessels (PSVs).
Norwegian seismic player TGS has completed the processing of its Erlend Wild West multi-client 3D seismic survey west of Shetland.
Houston-based oil and gas company W&T Offshore was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 254 held by the Bureau of Ocean Energy Management (BOEM) on March 18, 2020.
Golar Power to build LNG terminal in Port of Suape Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners, signed a protocol of intentions with the Pernambuco government to develop an LNG import terminal in the Port of Suape, in the northeast of Brazil. COVID-19 effects
