OPEC and allies on Thursday decided to extend oil production cuts into April 2021, while offering small exemptions to Russia and Kazakhstan.
NKT has signed a long-term agreement with Danish grid operator Energinet on maintenance and repair of both offshore and onshore power cables in Denmark. The contract, which will run for eight years, includes services and repairs of XLPE, mass impregnated (MI) and oil filled power cable systems with
Japanese shipping solutions provider e5 Lab Inc. has established Marindows Inc. in an effort to bring advanced information technology (IT) to Japan’s maritime industry.
Indian manufacturer of cryogenic technology equipment and solutions INOXCVA designed, developed, and manufactured India’s first-ever LNG dispenser, supporting the country’s transition towards green fuel.
Deep-ocean polymetallic nodules exploration company DeepGreen Metals intends to go public in a merger deal with a special purpose acquisition company (SPAC). The company has entered into a definitive business combination agreement with US-based Sustainable Opportunities Acquisition Corporation (SOAC
PetroRio has signed an agreement with Total for the acquisition of a 28.6% interest in the BM-C-30 Block, which holds the Wahoo field located off Brazil.
German Brunsbüttel Ports on Wednesday hosted the first liquefied natural gas bunkering of the recently commissioned Greenferry I.
Offshore support vessel provider Vroon has delivered the hybrid accommodation vessel MWV Falgout to end client Brunei Shell Petroleum.
Simply Blue Energy has started developing the Western Star project that will feature a hybrid floating offshore wind farm and wave energy conversion array off the west coast of Ireland.
The UK government has selected Able UK’s Able Marine Energy Park (AMEP) for funding under the Offshore Wind Manufacturing Investment Scheme, which will ensure the port infrastructure can accommodate next generation offshore wind activities. “The government will make an offer of support, in principle
Seaspan Corporation, a Hong Kong-based owner and operator of container vessels and part of Atlas Corp., has entered into an agreement with an undisclosed shipyard for the construction of eight scrubber-fitted containerships.
Aker Solutions has won a substantial contract from Equinor for modifications on the Åsgard B gas and condensate platform to enable increased production.
Pan American Energy CEO claims Argentina needs to build more LNG capacity to accelerate the development of its largest shale play Vaca Muerta, located in Neuquén Basin.
A new collaborative research and innovation project IMPACT has received €3.3 million from the European Union’s Horizon 2020 programme to develop and demonstrate the next generation testing approach for wave energy converters.
