Dutch gas and LNG carrier operator Anthony Veder and classification society Bureau Veritas have completed a pilot for “live remote class surveys” using a wearable device and augmented reality technology. The companies said in a statement that success of this pilot opens up the way for fully remote c
Houlder, a London-based design & engineering consultancy for the marine, energy and defence markets, has commenced work in partnership with PMW Technology on a study to evaluate the potential marine applications of carbon capture technology. PMW Technology is among the latest organisations to receiv
The effect of the COVID-19 pandemic and the ongoing oil price war will likely cause the cancellation of more than half of the world’s planned licensing rounds, according to energy intelligence firm Rystad Energy.
Multipurpose and heavy-lift shipping is facing numerous uncertainties and is most likely to see a stagnation over the coming period, according to the UK-based consultancy Drewry. The market outlook is heavily reliant on the timing of the global economic recovery from the impact of the COVID-19 pande
Wärtsilä, Stena Line, and Methanex marked five years of the successful operation of the methanol-fuelled ferry Stena Germanica.
The Port of Rotterdam is another step closer to becoming a carbon-neutral port in the future.
The American Petroleum Institute has welcomed a historic OPEC+ agreement to curb global crude oil production. However, significant challenges remain in the weeks and months ahead, API has said.
A group of 668 seafarers landed today at an airport in Manilla, the Philippines, breaking the 13,000 figure of repatriated seafarers who were displaced by the ongoing COVID-19 pandemic. The latest wave is the second of three groups planned to arrive today in the country’s capital as part of a massiv
After four days of negotiations OPEC, Russia, and allies have agreed on record production cuts to save the oil industry amid a major industry crisis exacerbated by the coronavirus pandemic.
OPEC, Russia, and allies are on the verge of ending the oil price war in an effort to save the oil industry which, in addition to the oil price war consequences, suffered even more as the coronavirus pandemic further curbed the oil demand, creating a whirlwind of adverse effects. However, the allies
A regional development agency from Taranaki, New Zealand, has published a paper on the offshore wind potential in the waters off Taranaki coast.
The oil price war and the coronavirus pandemic are already taking their toll on the oil and gas services market, with offshore drilling contractors among the most affected segments. One of the major drillers, Noble Corporation, has seen its contracts shortened, rigs stacked and put on standby, and d
At least nine of the world’s top planned exploration wells for 2020 are at risk of being suspended as a result of the combined effect on oil and gas activities of the Covid-19 virus and the oil price war, a Rystad Energy impact analysis shows.
The European Union member states paid about 16.2 billion euros for the 108 billion cubic meters of liquefied natural gas they imported last year, according to the Commission’s latest gas market report. Last year’s LNG imports increased by a record 48 billion cubic meters or by 75 per cent when compa
