China’s antitrust authority has reportedly approved the planned merger between South Korean shipbuilding majors, Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding arm of Hyundai Heavy Industries (HHI) Group, and Daewoo Shipbuilding & Marine Engineering (DSME).
Offshore transportation and installation contractor Jumbo Offshore has completed mooring work on Energean’s Karish gas field offshore Israel.
The first shipment, destined for Emirates Global Aluminium (EGA)’s Al Taweelah alumina refinery, arrived at Khalifa Port’s South Quay, marking the commencement of operations at the newly launched facility, UAE-based port operator Abu Dhabi Ports said.
The U.S. is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work.
BP is only about 460 meters shy of its primary reservoir target at the giant Ironbark prospect located offshore Australia.
Borr Drilling has come up with a liquidity improvement plan with the support of creditors as part of its efforts to strengthen its financial footing.
Denmark’s A.P. Moller Holding, a parent company of A.P.Moller Group that owns shipping major Maersk, has decided to invest in compatriot Green Hydrogen Systems, a supplier of modular electrolyzers producing green hydrogen from renewable energy.
The United States House of Representatives has passed a bipartisan legislation to increase federal investments in marine energy under the Water Power Research and Development Act.
Greek shipping company Aegean Shipping Management has exercised an option to build its third Aframax tanker in China.
Australian marine and subsea services provider MMA Offshore has secured two new contracts for its multi-purpose support vessel the MMA Privilege.
Dayang Enterprise Holdings has received a contract extension from Shell for the provision of topside major maintenance services offshore Malaysia.
Newfoundland and Labrador government has announced the allocation of financial support for the Hibernia project, which will help maintain offshore jobs.
Dutch regulator has ordered Spirit Energy to meet discharge standards on its North Sea offshore platform or face a penalty.
In the last few days of December 2020, South Korean shipbuilders are witnessing a surge in liquefied natural gas (LNG) carrier orders.
