As idle rig times loom in the U.S. Gulf this year, Westwood Global Energy, an energy market research and consultancy firm, has pointed out that the supply, demand, and utilization for drillships are set to pick up the pace in 2026, with long-term fundamentals in the offshore drilling market painting
Wave energy developer Eco Wave Power has appointed Vistra Energy board member Hilary E. Ackermann to its advisory board. According to Eco Wave Power, Ackermann, also a former Chief Risk Officer at Goldman Sachs Bank USA, brings experience in risk management, corporate governance, and clean energy tr
The board of directors of Bermuda-headquartered liquefied natural gas (LNG) shipping company Flex LNG has accepted the resignation of its Chief Executive Officer (CEO).
Alaska Gasline Development Corporation (AGDC) has signed binding agreements with Glenfarne Alaska LNG, an affiliate of Glenfarne Group, for the latter to become the majority owner of a liquefied natural gas (LNG) export project in Alaska and lead its development to construction.
U.S. energy infrastructure player New Fortress Energy (NFE) has entered into a definitive agreement for the sale of its assets and operations in Jamaica to compatriot liquefied natural gas (LNG) player Excelerate Energy.
Maritime industry leaders and the Massachusetts Institute of Technology (MIT) have formed a new consortium to address challenges in the global shipping industry.
U.S. liquefied natural gas (LNG) producer and exporter Cheniere Energy has celebrated the 4000th shipment of LNG cargo at its terminal in Louisiana.
New Zealand-based electric hydrofoiling technology company Vessev has dropped anchor in the United States market with the launch of its first office in the country, driven by an ambition to address the increasing demand for sustainable maritime solutions. As disclosed, the opening of the new office—
A liquefied natural gas (LNG) cargo has been indexed to the LNG futures of Abaxx Commodity Exchange and Clearinghouse, owned by Abaxx Singapore, whose majority shareholder is financial software and market infrastructure company Abaxx Technologies, in what the firm says is the first over-the-counter
U.S. offshore engineering and construction player McDermott has secured an enterprise framework agreement (EFA) with the UK-headquartered energy giant Shell for engineering and procurement services and integrated project management team services (IPMT).
American oilfield services company NOV and Brazilian state-owned energy firm Petrobras have signed a pre-commercial agreement for the development of flexible pipes designed for high CO2 deepwater applications. The collaboration, formalized with the signature of an agreement in February, focuses on c
The World Shipping Council (WSC) has urged the United States Trade Representative (USTR) to abandon its proposal for retroactive fees on port calls for Chinese-built vessels, citing both economic and industry impact concerns. Although WSC has underscored its support for the USTR’s ambition of breath
