Oil and gas development company Empyrean Energy has been granted a twelve-month extension for the first phase of the exploration period on Block 29/11, offshore China.
UAE-based port operator Abu Dhabi Ports has established a new feeder services company, Safeen Feeders, as part of its strategy to facilitate growing trade demands within the Gulf region.
Siemens Gas and Power said it has won a contract to supply equipment for the Petronas-operated Kasawari gas field development in the South China Sea, offshore Sarawak in Malaysia. Under the deal, the unit of German industrial conglomerate Siemens will provide three SGT-300 industrial gas turbine gen
France’s Dunkirk liquefied natural gas import terminal is now offering truck loading services following the start of operations at its newly built loading bay. The LNG truck loading bay entered into service on June 1 and offers a loading capacity of 3,000 slots per year. Dunkerque LNG, which operate
With COVID-19 still a concern and climate change being a major talking point all around the world, drone operators and innovators are trying to test and push the limits of usefulness of drones in the offshore industry both here and now and in the future.
Denmark’s Svitzer, the world’s largest tugboat operator, said Tuesday it has won a contract extension to support operations at Egypt’s Idku LNG export plant. Under the extension, Maersk’s unit Switzer will continue to assist the Egyptian LNG-operated plant with four tugs, two mooring boats and one p
Prosafe has gained support to an extension to the forbearance arrangement with a majority of its lenders until the end of June while working to agree on a long-term financial solution.
The European Commission has approved a €600 million (about $671 million) Finnish guarantee scheme to support the maritime companies in the context of the coronavirus outbreak.
Norwegian offshore vessel provider Solstad Offshore has picked a new chief financial officer (CFO).
Following the launch of the Fécamp offshore wind project, EDF Renewables, Enbridge, and wpd have revealed the Tier 1 suppliers for the 500 MW French offshore wind farm. Siemens Gamesa will provide 71 SWT-7.0-154 offshore wind turbines, each with a capacity of 7 MW. The contract also includes a 15-ye
UK authorities have approved Ineos’ plan for the removal of the Cavendish platform and associated pipelines located in the UK southern North Sea.
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has obtained a green syndicated loan worth ₩480 billion ($388 million) from the Korea Development Bank (KDB) and other banks.
Shares of South Korean shipbuilders surged on Tuesday following a landmark deal for Qatari liquefied natural gas carriers. LNG producing giant Qatar Petroleum said on Monday it signed deals with South Korea’s biggest three shipbuilders to secure more than 100 vessels worth about $19.2 billion. This
The London Stock Exchange-listed InfraStrata, a company focused on the development of natural gas storage capacity, has pulled the trigger for the acquisition of Meridian Holdings.
