Dorian LPG has entered into an agreement with Hanwha Ocean to construct three 90,000 cbm dual-fuel Panamax very large gas carriers for approximately $345 million. Deliveries of the vessels, which can operate on liquefied petroleum gas and conventional low-sulphur fuels,…
Argentine President Javier Milei's push for sanctions on oil companies drilling offshore in the British-controlled Falkland Islands has put Israeli investors at the centre of a sovereignty dispute over which Britain and Argentina went to war in 1982.Milei, a proclaimed…
ClassNK has joined a joint project to objectively verify reductions in fuel consumption and greenhouse gas (GHG) emissions achieved in actual vessel operations through the use of an AI-based autonomous navigation system.
On Thursday, security forces at the Neptun Deep offshore gas project in the Black Sea spotted an unwelcome visitor – a loitering naval drone, likely of Russian origin. According to the Romanian defense ministry, an unidentified USV approached to within several…
ExxonMobil Mozambique, acting on behalf of Area 4 co-venturers ENH, CNPC, Eni, KOGAS and XRG, has awarded approximately $1.1 billion in pre-investment contracts for long-lead upstream equipment for the Rovuma LNG Phase 1 development in Cabo Delgado.The awards precede a…
Malaysia’s offshore services firm for the oil and gas industry, ALAM Maritim Resources, confirmed reports that its CEO was briefly remanded earlier this week by the Malaysian Anti-Corruption Commission as part of an ongoing investigation.
