Norwegian oil and gas company Equinor saw its quarterly loss increase after being hit by impairments due to reduced future price assumptions.
French liquefied natural gas containment systems specialist GTT has secured a new order for its tank design.
Spain’s Naturgy and the Puerto Rico Electric Power Authority (PREPA) agreed to extend the long-term LNG supply deal.
Shell saw its third quarter 2020 earnings decrease when compared to the last year’s third quarter but the oil major decided to increase its dividend.
Norwegian oil and gas company Equinor has made two oil discoveries offshore Newfoundland, Canada. The wells were drilled using the Transocean Barents rig.
EDF Group and China Energy Investment Corporation (CEI) have kicked off the construction of the 200 MW Dongtai V offshore wind project in China. The project is the second phase of the 500 MW Jiangsu Dongtai wind farm, the first offshore wind project in China built in collaboration with a foreign inv
The Republic of Korea and the International Maritime Organization (IMO) have signed an agreement to establish a four-year training programme to support developing states to reduce greenhouse gas (GHG) emissions from shipping.
US-based companies CSA Ocean Sciences (CSA) and SeaRobotics are jointly developing the next generation utility-class autonomous surface vessel (ASV). Based on the SR-Surveyor M1.8 ASV, introduced by SRC in 2019, the new utility-class ASV will deploy the same fully integrated control, survey, and aut
Vestas Wind Systems and Mitsubishi Heavy Industries have signed an agreement through which Vestas will acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture. Vestas is to acquire MHI’s 50 per cent share of the MHI Vestas joint venture against 5,049,337 shares in Vestas that will be issu
Australian robotic arms developer Blueprint Lab has shipped the first four commercial units of its Reach Bravo advanced electric manipulators. The company designed these specifically for inspection-class remotely operated vehicles (ROVs). Blueprint Lab rolled out the Reach Bravo robotic arm system i
With the energy transition well underway not only in the energy production area, but in almost all other industries, the shipping sector also needs to be looking at what fuels will be used to power the ships in the near future. Naval Architect Harry Linskens from DEKC Maritime has discussed efficien
Oil major Chevron has decided to reduce Noble Energy’s workforce by 25 per cent following the recent merger between the two companies.
Eni booked a loss in the third quarter of 2020 while its hydrocarbons production declined due to impacts of the economic downturn.
Eidesvik Offshore has been awarded a time charter contract with Wintershall Dea Norge for the platform supply vessel (PSV) Viking Princess.
