Germany and other European countries would allow cruise lines to pause their repayments of export credit guarantees for one year.
Saipem has decided to withdraw its 2020 guidance, reserving the right to issue a new one should the market conditions improve.
Klaveness Combination Carriers (KCC), part of Norway’s shipping company Torvald Klaveness, has found work for one of its CLEANBU ships.
Finnish technology company Wärtsilä has won a contract to update ECDIS on board 50 tankers that frequently sail in the Baltic Sea.
Norwegian oil major Equinor has awarded a comprehensive and long-term testing contract on the Johan Castberg FPSO to IKM Testing.
Oilfield services provider Petrofac has received a contract termination from ADNOC for the Dalma gas development project in the United Arab Emirates.
Malaysian FPSO provider Yinson has completed an $800 million refinancing deal for the John Agyekum Kufuor FPSO.
Oil major Shell has revealed its plans to become a net-zero emissions energy business by 2050 or sooner.
Australia’s Santos said Thursday it had signed a letter of intent to sell a 12.5 per cent stake in the Barossa project to Japan’s LNG trading giant JERA. The Barossa gas field in northern Australia is being developed to secure feed gas for the Darwin LNG plant in which JERA already has a 6.1 per [&h
Spanish shipping company Baleària wrapped up 2019 with turnover and EBITDA growth of 19 per cent.
Malaysian FPSO operator Bumi Armada has received an extension of a charter contract for its Armada Sterling FPSO from India’s ONGC.
Noble Energy has further reduced its 2020 capex, executive team salaries, and implemented a furlough program for employees.
The Energy Market Authority (EMA) and Keppel Offshore & Marine have established a $10 million partnership and signed a Memorandum of Understanding (MOU) to develop energy solutions in the areas of distributed energy resources, digitalisation, and emerging low carbon alternatives.
State-run Qatar Petroleum said Wednesday it has launched a drilling campaign for the North Field East Project as part of plans to expand liquefied natural gas production. The first of 80 North Field East development wells was spudded on 29 March by the jack-up rig “GulfDrill Lovanda”. The jack-up ri
