Chevron (CVX) posted mixed fourth-quarter results early Friday, missing on earnings views while topping revenue estimates. The energy giant reported record profits and cash flow for 2022, on top of its earlier announcement launching a massive […]
Home Fossil Energy Brazilian deepwater field’s sale process winds down with total payment of nearly $2 billion Brazilian oil and gas company PRIO, formerly known as PetroRio, has paid almost $2 billion in total for […]
Indonesian companies Hafar and Casakha have signed a contract to develop an offshore pipeline for the LPRO-NGLJ project. Illustration (Courtesy of Casakha) Casakha informed out that the design, engineering, and project management will start immediately at […]
Image credit TORM Danish tanker company TORM has entered into agreements to acquire a total of seven 2011-2013 built LR1 vessels. The company will spend $233 million on the acquisition. According to TORM, all the […]
Norway’s network for hydrogen-based solutions for the maritime sector Ocean Hyway Cluster has welcomed H2Carrier AS, the designer and owner of the proprietary floating energy production and storage system P2XFloater™, to its cluster. Courtesy of […]
Home Fossil Energy Westwood: 2023 shaping up to be a busy year for offshore rigs with further boost in day rates As rig activity stood out in multiple regions during 2022, Westwood Global Energy, an […]
Home Clean fuel Deutsche ReGas hires S5 Agency World to manage shuttle tankers at Lubmin LNG terminal Port services provider S5 Agency World has entered into a contract with Deutsche ReGas to act as terminal […]
Home Clean fuel Idemitsu, HEPCO, and JAPEX to study CCUS implementation in Hokkaido, Japan Japanese companies Idemitsu Kosan, Hokkaido Electric Power (HEPCO), and Japan Petroleum Exploration (JAPEX) have come together for a joint study for […]
Home Marine Energy WEDUSEA wave energy project makes design and engineering progress The partners in the €19.6 million WEDUSEA wave energy project have made significant progress in the engineering and design scope of development, building […]
Home Shipbuilding Helsinki Shipyard floats out hybrid diesel-electric expedition ship Finnish shipbuilder Helsinki Shipyard has floated out a hybrid diesel-electric expedition ship SH Diana being built for Swan Hellenic. SH Diana’s fitting out is already […]
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