On the Day of the Seafarer 2020, European Community Shipowners’ Associations (ECSA) and the European Transport Workers’ Federation (ETF) are calling upon EU institutions and member states to start acting to resolve the current crew change crisis.
Russian oil and gas company Lukoil has elected a new chairman of the company’s board of directors following the death of its long-time chairman.
The Norwegian Petroleum Directorate (NPD) has presented the six directors that will make up its senior management team.
The 2020 Day of the Seafarer pays tribute to unsung heroes of the COVID-19 pandemic: the seafarers who continue to carry essential goods despite facing tremendous challenges, including being stranded on board.
Brazilian state-owned oil company Petrobras has named a new member of its board of directors.
Neptune Energy has decided to reshape the size of its global organisation due to the combined impact of the COVID-19 pandemic and the anticipation of lower commodity prices for a longer period of time.
Denmark has given a go-ahead for the development of the energy islands, and the second of the three 1 GW offshore wind farms proposed in the Energy Agreement 2018. The 1 GW offshore wind project will be developed at the Hesselø zone in the Baltic Sea and is expected to be commissioned by 2027. The [
Polarcus is taking further actions to streamline its business and adjust operational capacity to align with current market conditions. This follows on the $15 million cost reduction plan implemented due to the COVID-19 pandemic and oil price volatility. The company has additionally streamlined and r
The number of members of the Green Marine environmental certification program has been steadily increasing, according to the program’s latest performance report.
The Covid-19-caused downturn is set to cause a 25 per cent yearly drop in global demand for oilfield services (OFS), a Rystad Energy analysis shows.
Carnival Corporation & plc., the world’s largest cruise company, suffered a multibillion-dollar loss in the quarter ended May 31, 2020, due to the suspension of cruise operations related to COVID-19.
US LNG export project developer Venture Global LNG has made a management switch naming Jonathan (Jack) Thayer as its chief financial officer.
Engineering consultancy Infinity has announced Stephen Hamilton as regional director and green-light for the expansion of the business. Infinity has now entered London energy market, which will operate as a hub for engineering support to the international arena. This should also strengthen the Aberd
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.
