News

The Nigerian Content Development and Monitoring Board (NCDMB) says the country has repaid 90 percent of the Nigeria Content ...
Tankers International said there had been a downward-trending VLCC cargo count throughout most of 2024, on the back of ...
The Bloomberg report quoted sources with knowledge of the matter. Yinson has yet to comment on the purported deal. The RM9 ...
Hanwha Ocean is working to design and build floating production, storage and offloading vessels that will be smarter, cleaner ...
Equinor believes it has found a “path forward” to develop the Bay du Nord offshore oil megaproject. The Norwegian company’s ...
Equinor Canada's country manager Tore Løseth says he’s 'cautiously optimistic' about the future of Bay du Nord. (Patrick ...
Philippe Levy, president of Hanwha Ocean’s offshore business, outlines his company’s strategy to build its own floating ...
XOM and partners raked in $10.4B from Guyana in 2024 as output rose and the basin tightened under their control.
UK-headquartered point-source carbon capture business Carbon Clean and offshore floating provider Modec have signed an ...
MODEC and Carbon Clean Solutions have signed a memorandum of understanding (MoU) to continue the development and eventual ...
Carbon Clean and MODEC have collaborated to accelerate the scale-up of CycloneCC for offshore carbon capture on FPSOs.
SBM Offshore is set to exit Equatorial Guinea with the divestment of the Aseng FPSO to GEPetrol. This move aligns with SBM's ...