Russia’s the oil output expected to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
Pacific Ineos Belstaff, the world’s largest very large ethane carrier (VLEC), has been named and delivered in China.
Vaalco Energy has filed a $150 million shelf registration statement with the SEC to support the pursuit of ‘future growth objectives.’
French tidal energy company Sabella has performed ‘successful’ tests on the next generation tidal turbine blades as part of the RealTide project.
Norwegian shipowner Belships has entered into an agreement with an undisclosed client for the sale of its 58,000 dwt supramax bulk carrier.
The Belgian Port of Zeebrugge, one of Western Europe’s important energy hubs, has welcomed the new wind farm consisting of five wind turbines as a part of the “clean port strategy”.
Shipping and tank terminal company Odfjell is investing in the construction of a new tank bay at Odfjell Terminal Houston (OTH) as part of its support for ongoing regional growth in the chemical industry.
Jan De Nul and Samsung C&T consortium has secured a contract, regarded as the biggest cable installation contract in Jan De Nul’s history, to deliver an HVDC cable and convertors package for the $3.6 billion ADNOC-TAQA Lightning Project.
Rystad forecasts that Southeast Asia’s oil and gas output is unlikely to rise above 5 million barrels of oil equivalent per day (boepd).
A keel-laying ceremony has been held in South Korea to mark the beginning of the formal construction of the Isle of Man Steam Packet Company’s (IoMSPC) new flagship ferry, Manxman.
PetroRio has undertaken the required steps to move forward with the development of the Wahoo field by submitting a development plan to ANP.
Petrobras and its partners have submitted a revised Tupi and Iracema development plan in a bid to increase the recovery of hydrocarbons.
NOPTA is assessing the sale agreement between Pilot and Triangle for the offshore Perth Basin exploration permit WA-481-P.
Japanese general trading company Sumitomo Corporation revealed plans to launch a full-scale project to design and develop an ammonia-fueled dry bulk carrier jointly with compatriot shipbuilder Oshima Shipbuilding.
