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Following ‘highly competitive’ search, interim CEO becomes BP’s new boss
BP has decided to move its interim Chief Executive Officer (CEO) to the CEO role, after undertaking a quest to find someone to fill this position.
Operations begin at new marine fuel terminal in Frederikshavn port
Marine fuels supplier Stena Oil has commenced operations at the new fuel terminal at the Port of Frederikshavn in Denmark where a newly built bunkering vessel that handles various types of fuels, including biofuels and methanol, will be deployed. To mark taking possession of the terminal, Stena Oil’
Damen wins bid to build four hybrid electric vessels for BC Ferries
The Netherlands-based shipbuilding powerhouse Damen Shipyards Group (Damen) is spearheading a major initiative to construct four new hybrid electric Island Class vessels for BC Ferries in Canada. Damen, the same shipyard that built BC Ferries’ previous six Island Class ferries, is set to construct t
TechnipFMC and BP extend long-standing relationship with new contract
TechnipFMC has secured a contract that it describes as “significant” to deliver subsea services for BP in the Gulf of Mexico. TechnipFMC has been awarded a contract by BP for its Argos Southwest Extension project in the Mad Dog field, under which it will install pipe and an umbilical, tying back thr
Spanish logistics company secures 50% stake in ammonia terminal in US
Spanish logistics company for liquid products Exolum has completed the acquisition of a 50% interest in Vopak Moda Houston (VMH), an ammonia storage, import and export terminal located on the Houston Ship Channel, from U.S. Moda Midstream. The operation took place after obtaining approval from the c
Norway presents 24 players with 62 oil & gas licenses amid ‘great interest’
Norway’s Ministry of Petroleum and Energy has offered 62 production licenses to 24 companies for further exploration activity on the NCS.
Shell offloads its Nigerian onshore business to focus on deepwater and integrated gas
Following the divestment, the oil major plans to turn all its attention to deepwater and integrated gas businesses in Nigeria.
World’s largest modern cargo sailboat christened in France
French company Grain de Sail has celebrated the christening ceremony for Grain de Sail II, the world’s largest modern cargo sailboat built by local shipbuilder Piriou.
Mexico Pacific and ExxonMobil sign additional LNG offtake agreement
LNG project developer Mexico Pacific has signed a third long-term sales and purchase agreement (SPA) with ExxonMobil LNG Asia Pacific for an additional 1.2 million tonnes per annum (mtpa) of LNG from Train 3 of Mexico Pacific’s Saguaro Energia project located on the west coast of Mexico. With this a
AD Ports, CMA CGM, and Ecocean to breathe new life into Khalifa Port
UAE-based port operator AD Ports Group has teamed up with French shipping major CMA CGM Group and Ecocean, an innovative company serving aquatic biodiversity, on a scientific cooperation journey. The alliance aims to breathe new life into Khalifa Port through the installation of 48 Biohuts, creating
SIPG, Evergreen Marine sign green methanol supply deal
SIPG and Evergreen Marine recently signed a memorandum of cooperation on green methanol fuel supply for ships in the port.
British player gets work on two BW Offshore FPSOs in UK and Gabon
THREE60 Energy has landed two contract wins with BW Offshore for engineering, procurement, construction, and commissioning (EPCC) services.
HydroWing’s new barge to cut installation and maintenance costs of its tidal energy technology
HydroWing, part of Inyaga Marine Energy Group, has developed a new barge aimed at reducing the costs of installing and maintaining its tidal stream array technology. HydroWing was the largest tidal stream project in Wales to be successful in the UK government’s latest Contracts for Difference (CfD)
McDermott comes on board Malaysia’s first carbon capture and storage project
McDermott has secured an offshore contract from Malaysia Marine and Heavy Engineering (MMHE) for the first carbon capture and storage (CCS) project located offshore Malaysia. Under the scope of the contract, McDermott will perform transportation and the structural installation of a 138-kilometer pip