Canada-based Valeura Energy, an oil and gas company, is seeking further insight from Thailand regarding the Southeast Asian country’s recent request to oil producers to postpone planned downtime at oil production facilities and temporarily suspend crude oil exports.
A four-partite Japanese consortium has formed a Japan-New Zealand hydrogen corridor and will study the commercialization of green hydrogen production in New Zealand and export operations to Japan. Mitsui O.S.K. Lines (MOL), Obayashi Corporation, Kawasaki Heavy Industries (KHI), and Chiyoda Corporati
Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, has connected a mobile offshore production unit (MOPU) and a floating storage and offloading (FSO) asset at a field off the coast of Benin.
Malaysia’s Velesto Energy has struck a deal to divest a 15-year-old jack-up rig for a total cash consideration of $63 million (equivalent to RM 258.4 million).
Moscow-headquartered energy giant PJSC Lukoil has said yes to a bid from Switzerland’s Gunvor Group for its international portfolio of assets in the wake of growing global sanctions, which keep tightening their hold on Russian businesses overseas.
French shipping and logistics major CMA CGM Group has signed a letter of intent for six LNG-powered containerships to be built at Cochin Shipyard Limited (CSL) in India.
Petrofac, a UK-headquartered oilfield services provider, has won a contract extension in the UK sector of the North Sea, allowing it to remain on an assignment with Ithaca Energy, a North Sea oil and gas operator and producer.
A full technical management of a recently converted floating storage regasification unit (FSRU), which got its new lease on life thanks to Karpowership, Türkiye’s floating power plant company, has been handed over to Singapore-headquartered Synergy Marine Group.
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France-based Legendre Group has started constructing the first full-scale demonstrator for the Dikwe project in Boulogne-sur-Mer, northern France, in collaboration with GEPS Techno. Supported by ADEME and the Région Hauts-de-France, the initiative aims to integrate wave energy generation into coasta
Trigon Pacific Terminals (Trigon), a bulk commodity export terminal, has unveiled its Final Investment Decision (FID) for a new open-access 2.5 million tonnes per annum LPG export facility in Prince Rupert, British Columbia.
Africa’s energy player, Rhino Resources, has confirmed an oil discovery in a petroleum exploration license (PEL) it operates in the country’s Orange Basin.
The Friesland Province has allocated €625,000 to the PROSIT project, which aims to help the Wadden Islands become partly self-sufficient in energy by harnessing tidal currents. According to the Friesland Province, PROSIT builds on SeaQurrent’s TidalKite demonstration near Ameland. The system uses ti
Australia and Singapore have selected eight projects for funding as part of the countries’ $20 million initiative to help reduce emissions in the maritime sector.
