The Hague-based LNG giant Shell reported a 36 percent jump in profit during 2018 on the back of higher realized oil, gas and LNG prices.
Floating liquefied natural gas industry is expected to continue its growth in the future, however, it will be at a slower steadier pace of growth is likely as FLNG competes for capital and buyers in a busy LNG market.
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, reported a slide in profit during the last quarter of the year, as well as for the whole twelve months.
Global Wind Service’s technicians have started assisting MHI Vestas Offshore Wind with the installation and completion of wind turbines on the Norther wind farm in the Belgian North Sea. The Norther wind farm will comprise 44 V164 8.4MW wind turbines installed some 22km from the coast of Zeebrugge.
The Port of Amsterdam launches a Cybersecurity Programme to increase the port community’s digital resilience.
The outcomes of US-China trade war & Brexit to have significant repercussions on the ocean freight industry.
Finnish engine maker Wärtsilä is set to cut 1,200 jobs to profitability in the coming years, as its profit saw a decrease during the fourth quarter of 2018.
London-based Ophir Energy on Wednesday said that following negotiations with Medco, the companies have reached an agreement on the terms of the potential takeover bid.
Medco and Ophir Energy have agreed to proceed with a proposed deal under which Medco will buy Ophir for 55 pence a share in cash. The acquisition values Ophir at £390.6M (around $511M).
The PSA has found irregularities during an audit of Equinor’s Visund field located in the North Sea.
France’s Total made a new discovery in the North Sea offshore U.K., on the Glengorm prospect located in the Central Graben.
Gazprom’s exports of natural gas to Austria have seen a significant jump so far this year.
The International Marine Contractors Association (IMCA) has developed a competence e-portfolio for contractors to assess the skills and experience of freelance personnel in a more standardized way. The seminar, ‘Re-establishing the vital role of competence and training’ planned for February in Aberd
The PSA has completed its investigation of an incident with a motion-compensated walkway on Aker BP’s Tambar field.
