The European Commission has approved €45 million ($52.9 million) for the Chech plan to develop a network of refueling and recharging stations for vehicles running on alternative fuels.
Gazprom’s head Alexey Miller discussed the issues of related to the natural gas supplies to Azerbaijan with Rovnag Abdullayev, president of the State Oil Company of the Azerbaijan Republic (SOCAR).
On August 19, San Diego-based shipbuilder General Dynamics NASSCO completed the float-out for USNS Hershel “Woody” Williams, the second Expeditionary Sea Base (ESB) to be constructed for the US Navy. A float-out occurs when a ship is ready to be moved from a graving dock to a pier for the next phase
The Liberian-flagged oil/chemical tanker Alnic MC has reached Singapore’s eastern anchorage for inspections following the collision with the US Navy’s guided-missile destroyer John S. McCain while underway east of the Straits of Malacca and Singapore. The tanker, owned by Brave Maritime Corporation
The Philippine military has rescued a Vietnamese sailor kidnapped from the bulk carrier Royal 16, together with five more men in a November-hijacking off Basilan waters by the Philippines Abu Sayyaf Group (ASG) terrorists. After over nine months in captivity, the hostage managed to flee the militant
French oil giant Total is set to acquire its Danish rival Maersk Oil and Gas for $7.45 billion dollars. Danish Maritime giant Maersk A/S informed on Monday it had entered into an agreement to sell its subsidiary Mærsk Olie og Gas A/S to Total S.A. for $7.45bn in a combined share and debt transaction
Singapore’s offshore services company EMAS Offshore Limited is seeking legal advice after Malaysia’s Perisai Petroleum moved to activate a previously agreed put option which would force Emas to buy Perisai’s share in SJR Marine. Namely, Perisai owns a 51 percent stake in SJR Marine, a company which
GasLog and its New York-listed spinoff GasLog Partners named Richard Sadler as the chief operating officer following the retirement of Graham Westgarth from the position.
An Israeli partnership has decided to return the Daniel East and Daniel West offshore oil and gas exploration licenses to the Israeli Government due to a lack of investors, among other reasons. In Sunday’s statement, Modiin Energy, one of the companies in the joint venture, said the license operator
Offshore drillers Ensco and Atwood Oceanics, which recently agreed to merge, on Friday filed definitive proxy materials with the U.S. Securities and Exchange Commission regarding the deal. To remind, subject to certain conditions, including approval from both sets of shareholders, Ensco will acquire
Greenpeace UK activists are staging a protest in front of the UK headquarters of the oil giant BP, protesting against the company’s plans to drill near a coral reef offshore Brazil. The protesters were carrying signs which read “BP, back off the Amazon Reef” and tropical fish and jellyfish shaped in
Engineering and construction giant KBR, Inc. has said it has been awarded a Project Management Services (PMC) contract by OMV Offshore Abu Dhabi GmbH on behalf of Abu Dhabi National Oil Company (ADNOC) for work on a project offshore Abu Dhabi. KBR will be responsible for the management of the Front
Teekay LNG Partners said the construction of the liquefied natural gas (LNG) import terminal in Bahrain keeps progressing.
Authorities are working on containing an oil spill resulting from a collision between the Sinica Graeca bulk carrier and Chemroad Mega oil/chemical tanker in Johor waters that took place on Thursday, August 17. There have been no casualties reported from the incident, however; the Marshall Islands-f
