DOF Group has agreed to sell four platform supply vessels (PSVs), acquire two construction support vessels (CSVs) under construction and declare a constructive total loss on the anchor handling tug supply (AHTS) vessel Skandi Amazonas, as the company continues to optimize and modernize its fleet…
Asian and European buyers of liquefied natural gas (LNG) plan to ask for lower prices and additional supply guarantees from Qatar and the United Arab Emirates as the U.S.-Iran war raises insurance costs on those deliveries, buyers, traders and industry executives told Reuters…
Two Chinese supertankers carrying a combined 4 million barrels of Saudi Arabian oil are exiting the Red Sea via the Bab el-Mandeb strait on Thursday, shipping data showed, even as a Saudi vessel came under attack in the region.The ships' attempt…
TGS has launched three seismic data projects offshore Ghana, Norway and Canada, expanding its multi-client data portfolio as explorers seek to unlock frontier and underexplored offshore basins.The company signed an agreement with Ghana's Petroleum…
OMV Petrom and Romania's Romgaz have completed the installation of the offshore production platform for the Neptun Deep natural gas project in the Black Sea, marking a major milestone as the development remains on track to start production in 2027…
Ocean Winds, a 50/50 joint venture between EDP Renewables and Engie, has secured offshore consent from the Scottish government for its 2 GW Caledonia offshore wind farm, clearing the final major regulatory hurdle for the project.Located about 40 km offshore in the Moray Firth…
Japan's Inpex on Thursday launched construction of its long-delayed $21 billion Abadi LNG project in Indonesia's Masela gas block, in a ceremony that was livestreamed.Production from the plant is expected to start around 2030.Here are some details…
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