Swedish oil company Lundin Energy has named a new president and chief executive officer (CEO) effective as of 1 January 2021.
Norway-based Flex LNG logged a net loss of $6.7 million in the second quarter as the Covid-19 pandemic continues to affect the shipping market. The net loss grew when compared to $3.9 million last year but shrank looking at the previous quarter when the firm logged a $14.9 million loss. Vessel opera
Malaysia’s services provider to the oil and gas industry Dayang has won a contract with Shell in Malaysia for the provision of “topside major maintenance services.”
MingYang Smart Energy has secured a wind turbine order for the 500 MW Yangjiang Qingzhou III offshore wind farm in China. The project, developed by China Huadian Corporation, will feature 37 MySE6.8-158 turbines and 30 MySE8.3-180 turbines. The Yangjiang Qingzhou III offshore wind farm will also com
Norwegian oil major Equinor has chosen to use Odfjell Drilling’s Deepsea Atlantic semi-submersible drilling rig offshore Norway.
Fred. Olsen Windcarrier’s jack-up vessel Jill is nearing completion of the preliminary geotechnical surveys at the Thor offshore wind project in Denmark. According to Fred. Olsen Windcarrier, Jill is progressing on the borehole campaign at the site located west of Nissum Fjord, 20km from the shore.
Energy giant BHP has revealed plans to sell its 50 per cent stake in the Bass Strait oil and gas venture to enable focusing on higher-value petroleum assets.
US company NextDecade has received approval from federal regulators to ditch one train from its proposed Rio Grande LNG export plant in Texas. The original design for Rio Grande LNG included six trains each capable of producing 4.5 million tonnes per year. However, NextDecade announced in July it wo
TradeLens, a blockchain-based digital container logistics platform jointly developed by A.P. Moller – Maersk and IBM, recently welcomed two new members — Russia’s Commercial Port of Vladivostok and Turkey’s port operator Yilport.
Norwegian offshore shipping company Island Offshore has awarded a contract to Kongsberg Maritime to supply turnkey hybrid battery solutions for three of its platform supply vessels.
India’s biggest LNG importer Petronet reported a drop in net profit due to lower demand in the country caused by the Covid-19 lockdown. Net profit after tax stood at 5.2 billion rupees ($69.5 million) in the first quarter of the 2020-21 fiscal, compared to 5.6 billion rupees last year. Revenues drop
National Water Agency PUB and Sembcorp Floating Solar Singapore, a wholly-owned subsidiary of Sembcorp Industries, have started construction of the 60 megawatt-peak (MWp) floating solar photovoltaic (PV) system on Tengeh Reservoir. This large-scale floating solar PV system at Tengeh Reservoir – the
Hamburg-based container shipping company Hapag-Lloyd and London-based maritime technology company Intelligent Cargo Systems are entering into a technology partnership.
French oil major Total has resumed oil drilling offshore Angola with the Skyros rig while two more are expected to start operations in the week to follow.
