If Turkey develops the giant Tuna-1 (Danube-1) gas discovery, it could potentially save the country up to $21 billion in import costs, Rystad Energy estimates.
Following its third price collapse in 12 years, the oil and gas industry may be facing a period of transformation. The industry managed to recover from the previous two downturns and continue with business as usual, but this time it seems the recovery might look a bit different from the ones before.
Development of an indigenous green hydrogen industry could generate £ 320 billion for the UK economy and sustain up to 120,000 jobs by 2050, a new report finds. The Offshore Wind and Hydrogen: Solving the Integration Challenge Report was released by the Offshore Wind Industry Council (OWIC) and the
The Panama Canal revealed plans to invest in a portfolio of water management solutions to improve quantity, quality and control of its supply.
After many years of expensive carbon capture and storage (CCS) studies and test centres, Europe has reached a point where big-scale developments are financially sensible, a Rystad Energy analysis shows.
Oil and gas exploration company Chariot Oil & Gas has revealed that its Lixus license offshore Morocco, which contains the undeveloped Anchois gas discovery, could potentially hold more gas than previously thought.
During the second quarter of this year, French container shipping major CMA CGM improved profitability in all its business activities despite challenges related to COVID-19.
Norwegian shipping company Avance Gas has made a number of changes to its management.
The outbreak of the Coronavirus pandemic has basically put a brake on investments in the shipbuilding sector, especially on the container shipping side, as many owners shelved their newbuilding plans for better days. Instead of plotting fleet expansion plans, liner companies have had to save liquidi
ARO Drilling, a Saudi-focused offshore drilling joint venture between oil and gas giant Saudi Aramco and Valaris, has named a new chief executive officer (CEO) of the company.
Danish ferry and logistics company DFDS has developed an ambitious climate plan unveiling its goal to become climate neutral by 2050.
The UK’s Oil and Gas Authority (OGA) has offered for award 113 licence areas over 259 blocks or part-blocks to 65 companies in the latest offshore licensing round.
U.S. energy giant ExxonMobil is assessing whether to cut jobs worldwide after announcing a voluntary lay-off programme in Australia.
Another former female employee of oilfield services giant Schlumberger has been added as a second plaintiff in a $100 million sexual harassment class-action lawsuit against the company.
