
Saipem has been awarded two new contracts in Ivory Coast worth approximately 1 billion euros (around $956 million) overall.

Over the past couple of years, the maritime industry stakeholders have stepped up their sustainability efforts by producing their ESG strategies and starting to publish their first sustainability reports. Over the board, the companies agree they need to decarbonize their operations at least by 2050,

UAE-headquartered Gulf Marine Services (GMS) has secured a new long-term contract for one of its large-size class vessels.

Vaalco is expecting a boost to its reserves and production after the fourth well in its drilling programme off Gabon goes online next month.

BP’s new Tortue FPSO for the GTA project in Mauritania and Senegal has been returned to the quayside of the COSCO shipyard in China.

Green corridors are coming forth as the central link that is expected to facilitate the shipping industry’s transition to alternative fuels and full-scale decarbonization. Several green corridors are already in the making linking ports within Europe or those connecting Europe with Asia and America.

Vaalco Energy has received approval for its plan of development (POD) for a discovery located on Block P in Equatorial Guinea.

E&P company Energean has announced a new gas production from the Abu Qir concession located offshore Egypt.

Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year, according to a new report by International Renewable Energy Agency (IRENA).

Zenith Energy has handed over an offer for a block with “significant untapped, independently assessed oil and gas reserves” offshore Benin.

International Renewable Energy Agency (IRENA) has released a new report, setting out urgent priorities to rapidly make more clean technologies the most affordable options in key sectors.

KSOE bags order for 4 LNG-powered boxships, 4 petrochemical carriers