UAE-based port operator Abu Dhabi Ports has established a new feeder services company, Safeen Feeders, as part of its strategy to facilitate growing trade demands within the Gulf region.
With COVID-19 still a concern and climate change being a major talking point all around the world, drone operators and innovators are trying to test and push the limits of usefulness of drones in the offshore industry both here and now and in the future.
The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contraction since 2012.
Digital Container Shipping Association (DCSA), a non-profit group established to further digitalisation of container shipping technology standards, has, in conjunction with its nine member carriers, published IoT connectivity interface standards for shipping containers.
Seadrill booked a huge loss in the first quarter of the year due to impairment charges amid a significant reduction in global oil demand.
Support for the Port Authorities Roundtable (PAR) COVID-19 declaration, initiated by the Maritime and Port Authority of Singapore, has more than doubled since it was first launched on 24 April 2020.
Glander International Bunkering Group has acquired Canden Marine Fuel Services, a Canada-based marketer of marine fuels.
Chevron is planning to reduce its nearly 45,000-strong workforce by 10 to 15 per cent this year due to negative impacts of the coronavirus pandemic coupled with a sharp decline in oil and gas prices.
Wintershall Dea believes that hydrogen from natural gas will be instrumental in the decarbonisation of energy system.
Canada has the highest carbon emission intensity per barrel of oil equivalent produced, while Norway has the lowest, a Rystad Energy analysis shows.
US-based ship owner and operator Eagle Bulk Shipping developed a ship recycling policy in 2019, committing itself to a safe and environmentally sound vessel dismantling.
Maersk Drilling believes that continued rig scrapping is needed to obtain a healthier balance between rig demand and supply.
Italian offshore contractor Saipem has signed a two-year frame agreement with Norwegian energy giant Equinor covering engineering services worldwide.
With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.
