Swedish independent Lundin Petroleum booked an increase in its reserves at the end of 2017.
Dyna-Mac has kicked off the construction of the topsides for the Liza FPSO, destined for Exxon’s Liza field in Guyana.
OPEC and Non-OPEC countries have achieved record-breaking levels of conformity with production adjustments during December 2017.
China has reportedly snapped up about 60 cargoes, totaling over 4 million tons of LNG for delivery before a new cold snap expected in mid-February.
Power is now being generated from the final phase of Walney Extension which will become the world’s largest offshore wind farm on completion later this year, Ørsted, the developer of the wind farm, said.
Drilling results from Woodside’s Swell-1 well offshore Australia have turned out to be encouraging for Quadrant Energy’s adjacent Belgravia prospect.
Ultra Deep Solutions’ DSCV Picasso has completed all trials and will head down to Singapore to prepare for its long-term contract.
Freeport of Riga is to focus on India and Iran as part of its geopolitical developments aimed at increasing cargo levels.
The Chinese authorities are reviewing a possibility of salvaging the wreck of sunken Iranian tanker.
Dutch electrical system integrator Alewijnse Marine System is currently undertaking electrical outfitting on two crew transfer vessels (CTVs) being built for Windcat Workboats BV at the Dok and Scheepsbouw Woudsend BV shipyard.
DeepOcean has been awarded a contract to carry out plowing operations on the Nord Stream 2 pipeline in the Baltic Sea.
The shipbuilding industry completed another difficult year as low contracting remained a trend in 2017.
Kotug has recently named what it claims to be the world’s biggest Rotor tug ART 100-46 in Sharjah, UAE.
Chevron-operated Erskine field in the UK North Sea is currently unable to produce due to an issue with a pipeline.
