Finnish shipbuilder Meyer Turku has concluded the first phase of employee cooperation negotiations (YT negotiations) that will result in the permanent layoff of 166 people.
Vietnam National Shipping Lines (Vinalines), a maritime services and logistics supplier in Vietnam, will officially begin operations as a joint-stock company (JSC) on 1 September.
A Rystad Energy analysis of the top 50 OFS firms shows that staffing is set to reach its lowest level in more than 10 years.
Offshore drilling contractor Awilco Drilling is looking into ways to finance its remaining commitments for a newbuild rig ordered at Keppel.
On August 6, Japanese shipping company NYK Line, shipbuilder Japan Marine United Corporation (JMU), and classification society Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel
Imports at major US retail container ports during 2020 are expected to see their lowest total in four years as the impact of the coronavirus pandemic on the US economy continues, according to a new report released by the National Retail Federation (NRF) and Hackett Associates.
Oilfield services provider Petrofac has made a commitment to reach net-zero in Scope 1 and 2 emissions by 2030. The company has also set diversity targets.
The board of directors of Equinor has appointed Anders Opedal as the new president and CEO of Equinor from 2 November 2020.
Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, is on the lookout for a new CEp and CFO.
The integration of offshore energy systems, including oil and gas, renewables, hydrogen, and carbon capture and storage, could deliver around 30 per cent of the UK’s total carbon reduction requirements needed to meet the 2050 net-zero target, the OGA said.
Following record losses in the second quarter of 2020 and the first dividend cut in a decade, BP revealed parts of its new strategy that would reshape the company from an international oil company to an integrated energy company.
A green energy transition will require the industry to make real progress in reducing its carbon footprint.
Block 58 offshore Suriname has again come under the spotlight since state-owned oil company Staatsolie is considering farming into the block where Apache last week hit its third discovery.
The chief financial officer (CFO) of Danish offshore driller Maersk Drilling has announced he would leave the company.
