Asia Pacific-focused oil and gas production company Jadestone Energy declared a maiden interim dividend on Thursday and reported positive operating cash flows in the first half, despite a slump in crude oil prices.The maiden dividend payout…
Oil major BP has provisionally chartered a supertanker to store crude oil off Malaysia at this year's lowest rate yet, according to industry sources and data on Refinitiv Eikon.The charter is the latest in a flurry of ship bookings made by oil majors and trading houses after tanker rates plunged…
Singapore's Express Offshore Solutions (EOS), together with their Taiwanese partner Hung Hua Construction Co. Ltd (HHC), has completed the transportation of 84 pin piles for the Taiwan Power Company's Changhua offshore wind farm project.EOS…
Offshore wind turbine maker MHI Vestas has further expanded its list of local suppliers in Taiwan for delivery of components for turbines to be built for the country's growing offshore wind market.The wind turbine company said Wednesday it would…
Norwegian energy giant Equinor has entered into a consortium with Japanese power companies JERA and J-Power to jointly evaluate and work towards submitting a bid for offshore wind power projects in Akita Prefecture off Noshiro City, Mitane Town…
The Sri Lankan navy said on Wednesday it had extinguished another fire on a stricken supertanker loaded with 2 million barrels of oil and is towing it to deeper water.The navy's disaster management team put out the fire that reignited on Monday on the MT New Diamond…
In today’s world, the power to connect, even in the most remote and challenging places, has never mattered more. Whatever your business or organisation, you need more than a communications supplier. You need a smart network solutions partner…
Oil slid more than 3% towards $40 a barrel on Tuesday, its 5th session of decline, pressured by concerns that a recovery in demand could weaken as coronavirus infections flare up around the world.Coronavirus cases rose in 22 of the 50 U.S. states…
Sri Lanka has 'better control' over a fresh fire on a loaded supertanker off the island nation and is looking for any signs of potential oil leaks from the ship. A fire first broke out last Thursday in the engine room of the very large crude…
Dutch offshore gangway solutions provider Ampelmann has won a contract that will see one of its crew-transfer gangways deployed offshore India.Ampelmann said Tuesday that it had signed a contract with offshore engineering and construction firm…
Woodside-operated North West Shelf (NWS) LNG project in Australia could have up to 7 million tonnes per annum (mmpta) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity, energy intelligence firm Wood Mackenzie said in a report this week…
Firefighters are again battling flames aboard a fully loaded oil supertanker off Sri Lanka, the island's nation's navy said on Monday, four days after fire first broke out on the New Diamond.'Fresh flames have risen in the funnel section of…
Norwegian offshore vessel operator Solstad Offshore has won its second offshore wind contract in Taiwan in less than a month.Following an offshore wind contract award with an unnamed firm in Taiwan for its construction support vessel Normand Baltic…
Australian oil and gas company Pilot Energy, with a stake in an offshore oil and gas block in the Northern Perth Basin, is now pursuing the development of an offshore wind farm in that same block.Pilot Energy said Friday it was starting a detailed…
Malaysian FPSO provider Yinson has ordered a large marine compressed air system from TMC for the FPSO Anna Nery, which currently under construction in China, and destined for Petrobras' Marlim revitalization project in Brazil.TMC's compressed…
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