Offshore Energy Today’s most popular news from the past week.
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The European Commission has approved the creation of a joint venture between subsidiaries of oil giant Saudi Aramco and South Korean rig and shipbuilder Hyundai Heavy Industries.
SRS crossed the 95 million GT milestone, maintaining its position among the top 5 registries in the world.
Maritime and Port Authority of Singapore (MPA) is aiming to add further incentives to its Maritime Singapore Green Initiative (MSGI) to further promote the adoption of LNG as fuel.
Singapore has decided to extend for another five years a key initiative that seeks to reduce shipping emissions.
Toho Gas and Mitsui O.S.K. Lines (MOL) have completed a demonstration LNG bunkering test at the Port of Nagoya, supplying the chilled fuel to the LNG-fueled tugboat Ishin.
Shell Marine has signed a framework agreement with CCCC Dredging (Group) Co. Ltd of China to supply marine lubricants and provide technical services across the Chinese company’s fleet. In addition to the supply of Shell Marine’s comprehensive range of lubricating oils designed for every shipboard ap
The demonstration test confirmed that LNG can be safely supplied to vessels at the Port of Nagoya.
The global oil and gas industry has seen a substantial boost from contract activity in the Middle East resulting in contract value of $44.4 billion in Q3 2019, according to data and analytics company GlobalData.
A fuel oil non-availability report exists, however, “this is intended for temporary purposes only,” Calleya said.
The worldwide offshore rig count in October 2019 decreased by two units sequentially, but increased by 37 units year-over-year, according to reports by Baker Hughes Company.