McDermott has informed that Andrew F. Gould, former Chairman and CEO of Schlumberger, has joined its board of directors.
Russia’s largest shipping company Sovcomflot logged a 149 percent rise in first-half net profit on the back of a strong term contracts portfolio. Sovcomflot reported a net profit of $226.4 million in the January-June period, compared to $91 million a year ago. Revenue increased by 19.8 per cent year
U.S. LNG export project developer Venture Global LNG said its Calcasieu LNG project sustained minimal impacts from Hurricane Laura.
US LNG exports dropped to seven cargoes in the week ending August 26 with feed gas deliveries to liquefaction plants also down to 4.2 billion cubic feet. LNG exports are still very low compared to pre-Covid levels and a feed gas of 8 Bcf/d recorded in January. The Energy Information Agency agency sa
US energy company Kinder Morgan has secured approval to launch the final small-scale liquefaction unit at its nearly $2 billion Elba Island LNG plant in Georgia. The US FERC granted the authorization to the firm on Thursday to place into service the seventh Elba Island liquefaction unit. Kinder Morg
Ørsted has launched an immersive safety training program called Thrive in the Humber region, UK. Located at the MODAL Training Centre in Immingham, the purpose-built facility was created in partnership with training specialists Active Training Team (ATT). Ørsted will initially induct all personnel w
Sabella has secured its place in a pilot demonstration project, the SELKIE cross-border project, aiming to boost the marine energy industry in Wales and Ireland, following a tender call for participation. Sabella is a tidal technology designer and developer based in Brittany, northern France. The co
Independent Oil and Gas (IOG) expects to award a contract for a drilling rig for its Core Project located in the Southern North Sea (SNS) “in the coming weeks”.
Total said it has signed an agreement with the government of Mozambique regarding the security of Mozambique LNG project activities.
Malaysia’s DNeX has entered into a head of agreement (HOA) with Ping Petroleum to make an offer to acquire the remaining equity interest in Ping not currently owned by DNeX. Ping Petroleum is an upstream company focused on shallow-water offshore production and development opportunities in the North
The U.S. Department of Commerce has blacklisted 24 Chinese companies for their role in supporting the Chinese military construct and militarize the disputed artificial islands in the South China Sea. The companies targeted by the sanctions include China Communications Construction Company and a numb
San Diego-based energy company and LNG operator Sempra Energy said the Cameron LNG reached a major milestone.
Singapore-based marine services provider PSA Marine has joined the global movement towards sustainable shipping by reducing carbon footprint with the use of a new digital solution, Vessel Pilot Communication (VPC), launched on 25 August 2020.
Discussions on a potential merger between Danish shipowner Nordic Shipholding and an unidentified tanker firm have been delayed due to the impact of COVID-19 pandemic, the company said. “The majority shareholder of the company had commenced merger discussions with a potential entity since late 2019.
