News

OPEC crude output fell for a second month in July as Saudi Arabia cut production and Iran pumped less than Iraq for the first time in at least 20 years.

Oil prices are racing higher as investors bet that central bank cash will soon boost a market afraid of Middle East war and worried

In response to increasing market demand for feeder space, Evergreen Line will commence the new Straits-Yangon (Myanmar) service (referred to as SYS) from late August.

ABS, the leading provider of classification services to the global offshore industry, has provided certification services for the design

The OE2012 conference which runs parallel to the Offshore Energy exhibition on 23 & 24 October in the Amsterdam RAI features an international faculty of expert speakers.

DOF Subsea AS has entered into a contract with Helix Well Ops for the vessel Skandi Constructor. The contract is 3 year firm with 3×1 year options. The contract will commence in 2 q 2013.

Teekay Shipping Australia Pty Ltd. (Teekay) and KOTUG International B.V. The Netherlands (KOTUG) today announced the establishment of a new

On July 21, Odebrecht Oil and Gas (OOG) promoted a christening ceremony in Singapore for the City of Itajaí FPSO

Seajacks Zaratan, the newest addition to Seajacks’ self-propelled jack-up fleet, was contracted to perform Operation and Maintenance

Bergen Group Rosenberg AS has been awarded a Letter Of Intent (LOI) from Statoil for an onshore modification project on the Njord Bravo-FSO vessel.

Today, Harvey Gulf International Marine announced that it has signed long term charters for 3 of its LNG powered Offshore Supply Vessels,

Iranian deputy oil minister, Alireza Zeighami, announced on Saturday that Iran has launched a liquefied gas swap route in the Caspian Sea.

Power and automation technology group ABB has received an order worth over $40m from the Al Toukhi Group for a high-voltage gas-insulated switchgear.

New Zealand's solar energy firm Powersmart has switched on the first of three solar power systems being installed on the South Pacific islands of Tokelau.

Greenwood Energy, a part of Libra Group which also operates EuroEnergy, will install a second combined heat and power plant (CHP) for Millennium Hotel and Resorts in New York City, US.

Renewable energy developer Element Power plans to develop a 36MW wind farm at Monaincha in Tipperary, Ireland, for an estimated cost of €70m.

The dry bulk shipping market is in a poor state, with the Capesize segment the worst of all. Unfortunately, the latest analysis from Drewry Maritime Research’s Dry Bulk Forecaster indicates that sub

If the foundation for EU maritime policy is undoubtedly the regulatory framework for the market in maritime transport services, it has rapidly been followed by the adoption of a highly developed regime

PI Chief Economist John Felmy has argued that crude oil prices have been by far the largest contributor to rising gasoline prices in California and across the US.

State oil giant Saudi Aramco restarted a secondary unit at its 305,000 barrels-per-day joint venture refinery with Royal Dutch Shell in Jubail, the joint venture's top executive said on Monday.