Greek state-run DEPA signed a deal with the compatriot utility Gastrade to participate in the market test to be carried out in the coming months for the LNG terminal project in Northern Greece.
US energy giant ExxonMobil is reportedly moving forward with the Far East LNG project with its partner Rosneft, with a final investment decision planned for 2019.
Bureau Veritas has awarded approval in principle for a new vessel concept design.
Finnish technology group Wärtsilä said that its €210 million ($250.4 million) acquisition of Transas, a global marine navigation company headquartered in the U.K., has been finalized.
Seaintel: The global fleet will see a shortage of 400-1,200 feeder vessels by the end of 2020.
Freshly delivred New Mein Schiff 1 made its first maiden call to Kiel, Germany, on April 27.
The Israeli Supreme Court has dismissed a petition against Energean’s Karish-Tanin development in the Eastern Mediterranean.
Statoil is starting mobilization of 2400 workers who will work on the hook-up, finalization, and eventually start-up the Johan Sverdrup field in the North Sea.
Finnish shipping company Containerships is pushing forward with its plans to boost the use of liquefied natural gas (LNG) as fuel for ships and trucks in order to reduce emissions and meet tightening IMO regulations. The company has currently four new dual-fuel container vessels under construction a
McDermott International and CB&I said both companies have received the necessary stockholder approvals to complete the proposed business combination.
Siccar Point Energy has started drilling a final appraisal well on the Cambo field, north-west of Shetland, with results expected this summer.
Vattenfall has completed the construction of a 30-meter-long floating crew transfer pontoon which will be used for its European Offshore Wind Deployment Centre (EOWDC) in Scotland.
Vattenfall has completed the construction of a 30-meter-long floating crew transfer pontoon which will be used for its European Offshore Wind Deployment Centre (EOWDC) in Scotland.
UK-based energy giant and LNG player BP reported a sharp increase in profit during the first quarter as oil and gas production climbed.