Search results for: set

57973 results

A list of search results

  • 26 January 2021
    Infrastructure, Vessels

    BW LPG, the world’s largest liquid petroleum gas shipping company, has made further steps forward in its LPG retrofit program.

  • 22 January 2021
    Business & Finance

    Ørsted has launched a $15 million fund to support businesses in New Jersey to enter the offshore wind industry. The Pro-NJ Grantor Trust will offer New Jersey-based small, women-owned and minority-owned businesses support in re-tooling their businesses to enter the offshore wind industry. It will also provide funding for infrastructure resiliency improvements critical to the […]

  • 21 January 2021
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    HitecVision’s NEO Energy has entered into exclusive negotiations to buy ExxonMobil’s upstream assets located in the central and northern North Sea.

  • 21 January 2021
    Business & Finance, Outlook & strategy, Vision

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has determined to establish a wholly-owned corporate venture capital fund firm called MOL PLUS.  The venture capital fund will be based in Tokyo and plans to make a broad range of investments, with its investment ceiling reaching JYP 4 billion ($ 38.6 million). The investments will target mainly […]

  • 20 January 2021
    Business developments & projects, Collaboration, Innovation, Research & Development, Technology

    Ocean Sun and Fred. Olsen Renewables, together with project partners, have been awarded Horizon 2020 funding to test a full-scale floating solar power unit in the Atlantic Ocean.

  • 20 January 2021
    Authorities & Government, Business & Finance, Business developments & projects, Regulation & policy

    The United States on Tuesday imposed sanctions on a ship involved in building the Nord Stream 2 pipeline, as the Trump administration sought to raise pressure on the project on its last day in office.

  • 15 January 2021
    Authorities & Government, Business & Finance, Business developments & projects, Environment, Exploration & Production, Regulation & policy, Rules & Regulation, Safety

    Norway’s offshore safety regulator has given Lundin consent for exploration drilling of an offshore well using the West Bollsta rig.

  • 14 January 2021
    Authorities & Government, Business developments & projects, Project & Tenders, Regulation & policy

    As Gazprom prepares to continue Nord Stream 2 pipelaying work in Danish waters, the U.S. State Department has again warned European companies of sanctions if they are suspected of helping to build Russia’s new gas pipeline.

  • 12 January 2021
    Business & Finance, Business developments & projects, Vessels

    SHUAA Capital, an asset management and investment banking platform, has completed a debt buyout of Stanford Marine Group’s $308 million facility.

  • 8 January 2021
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    BP has reportedly relaunched the sale of its North Sea assets it initially tried to sell to Premier Oil before its takeover by Chrysaor.

  • 8 January 2021
    Business & Finance

    TechnipFMC has relaunched its plan to split into two publicly traded companies aiming to complete the proceedings in the first quarter of 2021. Initial separation was put off in March last year due to the COVID-19 pandemic. As reported earlier, the move will result in TechnipFMC, a fully integrated technology and services provider; and Technip […]

  • 8 January 2021
    Infrastructure, Ports & Logistics

    U.S. exports of liquefied natural gas set a new record in December, averaging 9.8 billion cubic feet per day.

  • 8 January 2021
    Business & Finance, Business developments & projects, Exploration & Production

    Ocean Apex, a Diamond Offshore-owned drilling rig, is working on plug and abandonment activities at the Ironbark-1 well with plans to demobilise underway.

  • 6 January 2021
    Business developments & projects, Exploration & Production

    A 3D seismic survey over the Resolution gas discovery in offshore licences P1929 and P2304 off the UK will most likely take place in 2022, Egdon Resources said on Wednesday. Namely, Shell, the operator of the above mentioned licences, has advised Egdon that the marine 3D seismic survey, planned over the Resolution and Endeavour gas […]

  • 5 January 2021
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    Italian oil and gas company Eni has reportedly put on hold its sale of Australian gas assets due to a lack of satisfactory bids.

  • 5 January 2021
    Infrastructure, Vessels

    Spanish ferry operator Baleària said its LNG-fueled fast-ferry Eleanor Roosevelt is set to carry out sea trials over the coming weeks. The company noted that the vessel will be incorporated into its fleet in March this year. Armon shipyard in Gijón has completed the outfitting of the ferry and carried out tests on the vehicle […]

  • 5 January 2021
    Business & Finance, Business developments & projects

    Suncor will record a non-cash after-tax impairment charge of approximately $425 million in 4Q 2020 on its share of the White Rose asset and West White Rose.

  • 4 January 2021
    Environment, Transition, Vessels

    Japanese shipping major Kawasaki Kisen Kaisha (K Line) expects its first LNG-powered vessel to be delivered this year as the company increases focus on utilizing LNG as fuel. The LNG-fuelled car carrier was launched at Tadotsu Shipyard, part of Imabari Shipbuilding Group, in July 2020, shortly after receiving its LNG tanks. The 73,800 GT ship […]

  • 31 December 2020
    Business & Finance, Business developments & projects

    Oil major ExxonMobil has stated that it would have to write down assets up to $20 billion regardless of higher oil and gas prices and improved chemical margins.

  • 30 December 2020
    Authorities & Government, Business & Finance, Business developments & projects, Regulation & policy

    Brazilian state-run oil company Petrobras has received $44.65 million in a settlement with Swiss energy trading firm Vitol, which was implicated in a sprawling national corruption probe.

  • 23 December 2020
    Environment, Transition, Vessels

    Costa Cruises, a part of Carnival Corporation & plc, took delivery of the new Costa Firenze ship from Fincantieri, designed and built in the Marghera shipyard and inspired by the Florentine Renaissance. With 135,500 gross tonnage and a capacity of more than 5,200 guests, the Costa Firenze is part of the development plan that includes […]

  • 23 December 2020
    Business developments & projects, Equipment, Infrastructure

    The Liuhua 29-2 deep-sea SPS umbilical is ready for installation, following the recent delivery by Ningbo Orient Cable (NBO). The umbilical system has been loaded into China National Offshore Oil Corporation (CNOOC) HYSY 285 vessel. This is the first deep-water static umbilical project (800 meters water depth, 9 super duplex SS tubes) which realise the […]

  • 21 December 2020
    Business & Finance, Business developments & projects

    Oil major Shell said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.

  • 21 December 2020
    Business & Finance, Business developments & projects, Equipment, Infrastructure

    The Dubai arm of oilfield equipment supplier Weir Oil & Gas has signed a five-year deal to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand.

  • 18 December 2020
    Business developments & projects, Infrastructure, Project & Tenders, Vessels

    Flex LNG, the shipping company controlled by billionaire John Fredriksen, has announced the date of delivery for its newbuild LNG carrier Flex Freedom.