Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia, Rystad says.
The oil and gas industry has dominated the MMO market but this is set to change, an analysis by Rystad Energy shows.
One of Maersk Drilling’s drillships has been named floater rig of the year by Shell thanks to a drilling campaign in Brunei.
Sapura Energy secured new contracts with a total value of RM2.7 billion or about $613 million in 2Q FY2023.
War in Ukraine is transforming the outlook for the supply, demand, and price of hydrocarbons and the pace and cost of the energy transition, WoodMac says.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and compatriot steel-making company POSCO have hit a new milestone in their technological development to build eco-friendly dual-fuel propulsion vessels.
Chevron has awarded a long-term deal to Worley, encompassing its global portfolio of onshore and offshore assets.
Swiss engine developer WinGD and Engine Machinery Division (EMD) of the South Korean shipbuilder Hyundai Heavy Industries (HHI) have decided to collaborate on delivering the first WinGD engine capable of running on ammonia.
Norwegian shipowner Ocean Yield AS has decided to purchase a containership newbuilding under construction in South Korea.
Malaysian FPSO operator Yinson and its project partner Sumitomo have officially named their newest asset, FPSO Anna Nery.
Chevron has joined forces with KazMunayGas to collaborate on evaluating, investigating and pursuing lower carbon opportunities in Kazakhstan.
A next-generation ultra-large liquefied carbon dioxide (LCO2) carrier is to be developed in a groundbreaking project between classification society ABS, shipbuilder Hyundai Heavy Industries Group (HHI), and maritime registry Republic of the Marshall Islands (RMI) Maritime Administrator.
