Dayang Enterprise Malaysia’s Dayang Enterprise has secured two contracts from Petronas Carigali for the provision of pan-Malaysia offshore maintenance, construction, modification, and hook-up services. Both contracts have been firmed up for five years, with extension […]
UK Government New research shows that Wales could attract £46.8bn ($59.6bn) in investments from renewable energy by 2035, the majority of which would be directed towards offshore wind. In its research, BiGGAR Economics projected an […]
Belships Norwegian bulker owner Belships has expanded its newbuilding campaign with one more ultramax. The Oslo-listed company revealed in its quarterly earnings results the 64,000 dwt newbuild would join the fleet in 2027 and be […]
Nordic IT UK-based technology firm Sedna, whose platform helps maritime companies streamline communication, has acquired Copenhagen-headquartered email management specialist Nordic IT. Sedna said the move reinforces email’s position as the primary protocol in maritime while […]
Saipem French energy major TotalEnergies has awarded TechnipFMC and Saipem billions in contracts for its GranMorgu project in Block 58 offshore Suriname. TechnipFMC’s contracted scope for the project includes Subsea 2.0 tree systems, manifolds, connectors, […]
Bumi Armada Malaysia’s top shipping line, MISC, has moved to combine its offshore business with fellow floating production storage and offloading (FPSO) vessel specialist Bumi Armada. The two companies have entered into a non-binding memorandum […]
President Trump will eliminate Joe Biden’s disastrous electric vehicle tax credit that raised the prices of EVs. Reuters reported: President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases […]
Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 8. In fuels, however, inventories fell. At the time of writing, Brent crude was […]
Motorhome and RV sales in several states will halt thanks to another California climate rule that requires zero emissions vehicles over 8,500 pounds. Diesel motorhome sales are set to be halted in several states at […]
Ed Miliband’s green delusion thrives as UK energy plans face skepticism, rising costs, and more fossil fuel use despite fairy-tale promises about net zero. It’s hard to know when it happened exactly. Counting back the […]
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