French-headquartered energy giant TotalEnergies has completed all the required steps to pull out of Myanmar.
The oil and gas sector’s offshore EPC spend is expected to total $276 billion, forecasts Westwood Global Energy.
Mermaid Group has secured multiple contracts through its subsidiaries in Thailand, the Middle East and the United Kingdom with a combined value ranging between $175 and $265 million. The scope of work includes cable laying, inspection, repair and maintenance (IRM), decommissioning, and other related
Borr Drilling has been awarded a deal by Mubadala Petroleum for a jack-up rig, which is expected to carry out ops in Thailand.
South Korean shipping company HMM has unveiled its future growth strategy involving a KRW 15 trillion (about $11.3 billion) investment plan.
IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.
With two-thirds of global resources in their hands, seven NOCs own the lion’s share of remaining discovered oil & gas resources.
Classification society Korean Register (KR) has signed a memorandum of understanding with ship management company Korea Leading Company of Ship Management (KLCSM) and shipbuilder Samsung Heavy Industries (SHI) for joint research and commercialization of autonomous navigation systems for mid- to larg
South Korean shipbuilding group Korea Shipbuilding & Offshore Engineering (KSOE) has received two orders for the construction of a total of ten liquefied natural gas (LNG) carriers.
Singapore-based shipowner Eastern Pacific Shipping (EPS) has completed the first LNG bunkering operation for its managed vessel, Greenway, which is said to be the world’s first dual-fuel LNG Suezmax tanker.
A methanol dual fuel 300,000 DWT very large crude oil carrier (VLCC) has received approval in principle (AIP) from classification society Korean Register (KR).
The drop in the total recoverable oil worldwide from last year’s figures represents another threat to global energy security, explains Rystad.
