Cluff Natural Resources has revealed plans to raise funds to finance the company through mid-4Q through a subscription of new ordinary shares.
Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, said it has boosted its dividend in the first quarter by 2.3 percent when compared to the previous quarter. The company declared a quarterly cash distribution of $0.44 per unit for the first quarte
The UK-based energy giant BP and Reliance Industries sanctioned the Satellite cluster project that will see the development of deep-water gas fields in the block KG D6, offshore India.
Norwegian Westcon Yards has filed an appeal against a court judgement in a dispute with Prosafe related to the conversion of the tender support vessel (TSV) Safe Scandinavia.
16 crew members of the Bahrain-flagged containership Avonmoor have received their wages and returned home to Ukraine.
Norway’s oil production during March 2018 suffered due to technical problems on some fields, according to a Thursday report by the Norwegian Petroleum Directorate (NPD). Preliminary production figures for March 2018 show an average daily production of 1 901 000 barrels of oil, NGL and condensate, wh
US-based LNG engineer, Chart said on Wednesday it has been chosen to pioneer liquefied natural gas vehicle fueling infrastructure in Croatia. The company’s Ferox team has been selected to design, manufacture and commission Croatia’s first LNG vehicle fueling station, according to a Chart statement.
Russian gas behemoth Gazprom said on Wednesday it would form a joint coordination committee with Saudi Aramco. The move is a part of an agreement signed by Gazprom’s chief executive, Alexei Miller, with Saudi Arabia Energy Minister Khalid Abdulaziz Al-Falih and Saudi Aramco CEO Amin Bin Hassan Nasse
Today, 28 of the 100 world’s largest ports offer incentives for environmentally-friendly ships.
Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, said it has approved a plan to reduce its quarterly distribution in order to generate cash flow in the long term. The LNG tanker owner will reduce the distribution to $0.25 per common unit from $0.4225 per common unit
Subsea Energy Solutions has delivered a part of the subsea equipment package for Minesto’s Deep Green tidal energy project at the Holyhead Deep, and is currently working on the production of the rest of the order.
Italy’s state-controlled energy giant Eni received approval for its plan of development for the Merakes field located in the Makassar Strait, offshore East Kalimantan, Indonesia.
Jumbo has announced the name of its new DP2 Heavy Lift Crane Vessel (HLCV) ‘Stella Synergy’, to be delivered in the first quarter of 2020. The vessel got its name through an internal naming competition where Jumbo employees from around the world were allowed to submit up to three vessel name entries
France’s Total has worked out a deal with Direct Energie shareholders to acquire 74.33 percent of the share capital in a €1.4 billion ($1.7 billion) transaction, expanding its gas-electricity value chain presence.
