OPEC’s Joint Ministerial Monitoring Committee (JMMC) has made assurances of achieving 100 per cent conformity from all participating countries during the next three months.
In its global energy outlook, Rystad Energy revealed that the Covid-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result reducing the world’s recoverable oil by around 282 billion barrels.
BW’s floating storage and regasification unit located in Pakistan’s Port Qasim recently completed its 100th ship-to-ship LNG transfer. FSRU BW integrity, owned by Singapore’s gas shipping giant BW and Japan’s Mitsui, completed the milestone operation on June 6. Since commissioning in 2018, the vesse
On 8 June, US sanctions targeting the Iranian shipping network came into effect, six months after they were announced by the Trump administration.
The worldwide offshore rig count in May 2020 dropped 54 rigs year-over-year and 37 rigs sequentially, according to rig count reports by Baker Hughes.
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.
Qatar Petroleum has inked three deals with South Korean shipbuilders reserving slots for its LNG tanker fleet expansion valued over $19 billion. Qatari giant said on Monday it has signed deals to reserve LNG ship construction capacity in South Korea to be utilized for its future LNG carrier fleet re
Allseas’ Solitaire pipelay vessel is now working on Energean’s Karish pipeline project located offshore Israel.
Canada has the highest carbon emission intensity per barrel of oil equivalent produced, while Norway has the lowest, a Rystad Energy analysis shows.
Dubai-based terminal operator DP World has completed the early stages of integration with TradeLens, a blockchain-based digital container logistics platform jointly developed by A.P. Moller – Maersk and IBM.
Qatar’s Nakilat, the world’s largest liquefied natural gas shipper, has taken control of another LNG carrier from STASCo.
Energean has completed near-shore operations for the Karish gas pipeline and is now ready for offshore installation.
Qatari LNG shipping giant Nakilat said on Thursday it started the second phase of its fleet management transition from Shell’s trading and shipping unit. Q-Max LNG carrier Al Mayeda is the first of seven vessels that will transition to Nakilat’s management as part of a phased changeover deal. To rem
Emergent has appointed Batelco and du joint venture Arc as the lead consultant for the Orient Express submarine cable. Arc will provide consultancy services related to network configuration, tendering, supply contract negotiation and documentation, as well as overall project management for the Orien
