The Greek Parliament has ratified the concession contract for the privatization of the Port of Thessaloniki.
Schlumberger and Subsea 7 have entered into exclusive negotiations to form a joint venture that builds on the success of Subsea Integration Alliance, which was established in 2015.
Subsea UK has launched a new initiative aimed at encouraging school pupils to consider a career at sea. The STEM Challenge, led by Subsea UK and supported by The Smallpeice Trust, will see teams of year nine students compete in a design-and-make challenge for the marine industries. The regional comp
US LNG engineer, Chart Industries swung to a $26.7 million fourth-quarter profit after a $3.3 million loss reported in the corresponding quarter last year.
OPEC and Non-OPEC countries participating in voluntary production cuts have started off 2018 with record-breaking conformity levels.
Spanish energy giant Repsol has agreed to sell its 20 percent stake in compatriot utility Gas Natural Fenosa to CVC Capital Partners investment fund. The deal is worth 3.82 billion euros ($4.69 billion). Repsol will sell the stake to Rioja Bidco Shareholdings, controlled by CVC, for a price equivale
The extent of the damage to the southern lock-gate at Kiel-Holtenau is worse than originally anticipated.
ITF sealed today a new framework agreement for seafarers with the Joint Negotiating Group.
Twenty-five passengers sustained injuries in an explosion that ripped through a ferry on Wednesday.
Liquefied natural gas (LNG) use by Japan’s power companies dropped by 4.2 percent in October, as compared to the same month a year ago, the preliminary data from the Ministry of Economy, Trade and Industry shows. The power companies consumed 3.94 million tonnes of LNG in October as compared to 4.12
Teekay LNG Partners, one of the world’s largest owners of LNG carriers, reported a 53 percent drop in its net income in the fourth quarter of 2017. Bermuda-based Teekay LNG posted a quarterly net income of $39.9 million as compared to $84.4 million in the fourth quarter of 2016. Adjusted net income
LNG engineer TechnipFMC reported a plunge in net profit for the year 2017 reaching $113.3 million, 70 percent below the $378.2 million reported in 2016.
Singapore-based Sembcorp Marine said its liquefied natural gas (LNG) carrier repair business remained ‘top of the list’.
The US liquefied natural gas export player, Cheniere, reported a net loss of $393 million for the year 2017, cutting it down from $610 million reported in 2016.
