Next year will require six heavy-lift installations, four offshore Peninsular Malaysia and two offshore Sarawak; while 2027 ...

In addition, the FSO features redundancy in major machinery ... constructed at the Escravos oil field located about 33 km east offshore Lagos, Nigeria. The project was started in October 1992 ...

MODEC has been the leading provider of floating offshore solutions for the oil and gas industry. MODEC provides top-quality ...

Q4 2024 Earnings Call Transcript January 30, 2025 Murphy Oil Corporation misses on earnings expectations. Reported EPS is ...

Workers who toil away at these yards are exposed to health dangers because the ships they dismantle can be laced with radioactive and hazardous materials, including asbestos – in defiance of a High ...

Gas company Shell has announced taking a nearly $1 billion write down on its major New Jersey offshore project called Atlantic Shores Offshore Wind, but the offshore wind project leaders still ...

COPENHAGEN, Jan 31 (Reuters) - Denmark will halt all ongoing offshore wind tenders as the existing framework where no subsidies are offered does not work under current market conditions ...

In mid-August, Stolt Comex Seaway S.A., a diversified contractor to the offshore oil and gas industry, announced the acquisition, subject to due diligence, of Australian company Drillsupport ...

Murphy Oil Corporation (NYSE:MUR) reported its Q4 2024 earnings, revealing a miss on both EPS and revenue forecasts. The ...

Receiving power primarily from a wind farm, the unit will produce hydrogen by electrolysis of seawater and nitrogen through the use of an air separation unit… Norway's BW Offshore has won approval ...

DNB Markets has cut the target share prices of Wallenius Wilhelmsen and Hoegh Autoliners as it sees weaker car carrier rates. “We foresee increasing risks to continued demand growth on headwinds ...

Falling rates and asset values could lure buyers back into the secondhand tanker market this year, UK shipbroker SSY believes. Deals went “exceptionally quiet” towards the end of 2024 ...