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Global consulting firm AlixPartners, in a new paper entitled, “Too many ships, too few rigs: why recovery is still a…
Swedish HH Ferries Group has inaugurated the two ferries Aurora and Tycho Brahe as the world’s largest battery-powered passenger ferries…
Wednesday, 05 September 2018 10:58

US Gulf Oil Output Takes a Hit from Storm

Tropical Storm Gordon forced a cut of 9.36 percent of crude oil production in U.S.-regulated areas of the Gulf of…
The United States on Tuesday announced sanctions on two Russian shipping companies and six vessels it said were involved in…
Wednesday, 14 February 2018 04:32

US Oil Stocks Rise, Refining Rates Cut - EIA

U.S. crude stocks rose last week as refineries cut output, while gasoline stocks increased and distillate inventories fell, the Energy…
Sweden will invest 146 million crowns ($18 million) in a multibillion-euro project to build Europe''s biggest battery cell plant in…
Wednesday, 04 October 2017 11:58

MODEC inks JX Nippon extension off Vietnam

Japan Vietnam Petroleum Co. (JVPC), a subsidiary of JX Nippon Oil & Gas Exploration, has extended its contract with a…
Tuesday, 05 September 2017 11:19

KrisEnergy hires PV Drilling jackup

Petrovietnam Drilling & Well Service Corp. (PV Drilling) signed a contract for provision of the PV Drilling jackup rig for…
Schlumberger’s WesternGeco completed an industry first the company says, with Roc Oil's hybrid seismic acquisition survey using WesternGeco's newly deployed…
Wednesday, 23 August 2017 21:57

Keppel bags LNG-powered vessel work

Singapore’s Keppel Offshore & Marine has secured work from Honolulu-based Pasha Hawaii for the construction of two liquefied natural gas…
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