Violent attacks against ships and their crews have risen in 2020, with 77 seafarers taken hostage or kidnapped for ransom since January, the ICC International Maritime Bureau (IMB) said in its latest piracy report. The Gulf of Guinea off West Africa is increasingly dangerous for commercial shipping,
Australian oil and gas company FAR Limited said on Thursday it has received a “good level of interest” in the sale of its 15 per cent stake in the Sangomar oil and gas development offshore Senegal.
The Japan Bank for International Cooperation (JBIC) has confirmed the $14.4 billion financing for the Mozambique LNG project has been finalized.
The COVID-19 pandemic has stymied oil and gas activity, a phenomenon which has now affected the drilling market both in terms of wells drilled and in terms of related demand for drilling equipment.
OPEC, Russia, and other oil producers are set to meet on Wednesday to decide on the oil output policy from August onward.
A total commitment of at least $151 billion from G20 governments in support of fossil fuels has been made available in their energy recovery policies, data from the Energy Policy Tracker shows.
Asian waters accounted for a third of large vessels lost at sea globally last year, even as large shipping losses are at a record low having fallen by over 20 per cent year-on-year, according to Allianz.
The oil and gas industry has historically been a hard place for female workers. Now, with the oil and gas industry transitioning towards green energy, women workers could be the fresh workforce injection companies desperately need.
Partners in the Otakikpo marginal field, located offshore Nigeria, have executed service agreements for the next phase of the drilling program.
ABB has won a contract from Damen Shipyards to deliver an advanced power system for De Beers’ custom-built diamond recovery vessel. ABB will supply an integrated power system package that will ensure the diamond recovery vessel meets safety, efficiency and availability requirements. The vessel is be
Golar’s Hilli Episeyo, world’s first converted FLNG vessel, has recently loaded its 40th cargo since the start of operations more than two years ago offshore Kribi, Cameroon. Bermuda-based shipowner Golar said the FLNG completed the milestone operation on June 18. Through these offtakes, the floatin
The Odfjell Drilling-owned drilling rig Deepsea Stavanger has recently been mobilized from Norway to South Africa for a drilling gig with French Total.
