Russian gas company Gazprom looks into the progress of the projects for the production and supply of LNG and sees the possibility to strengthen the position of Gazprom in foreign markets.
Norwegian oil and gas giant Equinor has confirmed oil discovery in the Egyptian Vulture exploration well located in the Norwegian Sea.
Chevron has reported the highest third-quarter earnings since the first quarter of 2013 due to improved market conditions, strong operational performance and a lower cost structure.
Danish shipping giant A. P. Moller – Maersk has signed an agreement with Saudi Ports Authority (Mawani) to set up an integrated logistics park at the Jeddah Islamic Port in Saudi Arabia.
Mermaid Maritime’s wholly-owned subsidiary Mermaid Subsea Services Thailand (MSST) has signed a Letter of Intent (LoI) with Swiber Holdings for the purchase of the pipelay vessel.
Australian LNG player Santos and oil and gas company Beach Energy have reached a final investment decision (FID) for the $165 million Moomba carbon capture and storage (CCS) project in South Australia, starting in 2024.
Boundary Layer Technologies, a California based marine technology startup, has launched a fully electric hydrofoiling ferry concept design.
Boskalis has just won the prestigious prof. Dr. Ir. J.F. Agema award for their role in an innovative Building with Nature project – construction of the Marker Wadden in the Markermeer Lake, the Netherlands. This award is given every five years for the best and most innovative hydraulic engineering p
After slowly climbing up for two weeks, the number of offshore rigs in the U.S. stopped its upward movement and remained flat at 13 last week.
Massive investment announcements and ambitious new developments in the energy and shipping sectors marked this week on Offshore Energy (well, together with our Offshore Energy Exhibition & Conference), as work on the global energy transition is moving forward through numerous new initiatives.
Shell has posted lower than anticipated earnings, which reflect the adverse impact of Hurricane Ida, while its cash flow from operations hit a record of $17.5 billion.
The New Zealand Ministry of Business, Innovation and Employment (MBIE) has entered into an agreement with Shelf Subsea Services for the removal of the subsea infrastructure from the Tui oil field.
Meyer Neptune Engineering, a newly founded startup focused on green innovations and part of Germany’s shipbuilder Meyer Group, plans to cooperate with the Leibniz Institute for Catalysis (LIKAT Rostock) to explore climate-neutral fuels.
ExxonMobil has reported earnings of $6.8 billion in the third quarter of 2021 due to improved demand and strong operations.
