MarineEnergy.biz has compiled the top news from marine energy industry from March 09 – March 15, 2020. https://marineenergy.biz/2020/03/11/opt-powerbuoy-for-subsea-vehicle-residency/ https://marineenergy.biz/2020/03/11/dnv-gl-backs-norwegian-floating-solar-plant-design/ https://marineenergy.biz/2020
The container shipping industry might be looking at developments similar to the financial crisis of 2008.
Port authorities are starting to suspend cruise ship calls to curb the spread of COVID-19.
Wärtsilä and PSA Marine have successfully completed initial sea trials for the IntelliTug autonomous ship project.
Husky Energy has decided to cut its 2020 capital spending by $900 million in upstream spending and an additional $100 million in additional measures.
Japan’s classification society ClassNK granted an approval in principle (AiP) to Daihatsu Diesel for their concept design of an LPG reformed gas-fueled coastal LPG carrier.
Sumitomo Mitsui Trust Bank becomes the first Asian financial institution to join the Poseidon Principles.
Udenna Corporation has completed the acquisition of Chevron’s interest in Service Contract 38 in the Philippines, also known as the Malampaya natural gas project.
Subsea services player DeepOcean has published guidelines and mitigating actions to safeguard its employees against the spread of COVID-19. The guidelines and mitigating actions enforced by the company are in line with the World Health Organisation’s recommendations and developed in collaboration wi
Oil prices could fall into the low $20s for the global market to rebalance, as Rystad Energy expects an increase in global supplies in the next three months.
PT Pengerukan Indonesia (the dredging subsidiary of IPC) and PT Van Oord Indonesia have a long track record of successfully executing projects together. The two parties have signed a MOU which aims to explore further cooperation and partnering on dredging projects in Indonesia, especially at the por
The total capital and operational expenditure of exploration and production companies (E&Ps) is now likely to be cut by $100 billion in 2020 and another $150 billion in 2021 if oil prices remain at a $30 level, a Rystad Energy impact analysis revealed
