The rating agency Moody’s has revised its outlook for the shipping industry from negative to stable as the sector outperformed the agency’s projections for this year. The rating agency said the outlook for the global shipping industry had been negative since March 2020 coinciding with the impact of
DOF Subsea has appointed Martin Lundberg as acting chief financial officer (CFO) with responsibility for the corporate finance functions in the DOF Subsea Group.
Navingo has recently organised its 13th, but also the first virtual edition of Offshore Energy Exhibition and Conference (OEEC 2020), creating a perfect opportunity for people working in the offshore energy industry to establish new business relationships and maintain existing ones. The content-pack
UK-based marine energy company Marine Power Systems is seeking an experienced candidate to join its team in a senior business development role.
Carnegie Clean Energy has signed a memorandum of understanding with Oceantera to explore renewable energy opportunities of mutual interest in Southeast Asia region.
The UK government has revealed its ambition to create 2 million green jobs by 2030 and has launched a Green Jobs Taskforce to help reach that goal as part of the government’s plan to build back greener and achieve net zero emissions by 2050. According to the official press release, the government ha
New statistics unveiled by the UK government show the vast majority of people support the rapid growth of renewable energy projects throughout the UK.
Delfin Midstream, the company proposing an FLNG project in the Gulf of Mexico, has added LNG experience to its leadership.
The key economic, technical, and regulatory barriers to the early adoption of zero-emission technologies can be overcome by the first movers through collaboration, a new report developed by the Energy Transitions Commission for the Getting to Zero Coalition shows. The first wave of commercial-scale
Global maritime trade will plunge in 2020 due to the unprecedented disruption caused by COVID-19, the United Nations Conference on Trade and Development (UNCTAD) said in a new report.
Eni has set up a joint venture company named Vårgrønn together with Norwegian energy investor HitecVision, with offshore wind being the first item on the to-do list of the newly established business in which the Italian oil & gas major holds a 69.6 per cent stake. Namely, Vårgrønn’s first step will
Norwegian shipping and tank terminal company Odfjell SE has revealed plans to cut its greenhouse gas emissions by 50% by 2030 compared to 2008 levels and have a climate-neutral fleet from 2050. The targets exceed the objectives of the International Maritime Organization (IMO) of 40% CO2 emissions re
Aker Solutions and Kvaerner have completed a merger whereby Aker Solutions has absorbed all the assets, rights and obligations of Kvaerner and Kvaerner has been dissolved. The two entities have joined forces to create a new supplier of solutions to reduce climate gas emissions from oil and gas insta
Finnish shipbuilder Meyer Turku has decided to permanently lay off additional 84 people after closing the latest phase of talks with unions, pushing the total count of job cuts to 250. As Offshore Energy – Green Marine reported in August, the first phase of the employee cooperation negotiations (YT
