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Shell Completes New Zealand Exit With $578 Million Sale To OMV

Royal Dutch Shell Plc completed the sale of its remaining upstream assets in New Zealand to Austria's OMV AG for $578 million, the companies

Lamprell to receive two jackup drilling units contract

Lamprell is pleased to announce that it has received a letter of intent ('LOI') from International Maritime Industries Company ('IMI')

Transocean Signs Contract With Chevron For ‘Game-Changing’ Newbuild Drillship

Transocean Ltd. said Dec. 28 it agreed to supply a Chevron Corp. affiliate in the Gulf of Mexico with what Transocean’s CEO

Great Ships 2018: World’s Largest MOSS Type LNG Carrier

Pacific Breeze, a 182,000 cu. m. capacity LNG carrier, is the world’s largest MOSS type LNG carrier ever constructed, built at Kawasaki Heavy Industries, Ltd., Japan

Russia Forming Joint Organization With OPEC Highly Unlikely Given US Sanctions Risk

It is highly unlikely that OPEC and other oil producers would set up a joint structure due to the additional red tape it would create as well as the risk of U.S.

More projects, wells expected in the Caspian Sea in 2019

BP and its partners look set to approve the new Azeri Central East platform next year for the Azeri-Chirag-Guneshli oil field in the Caspian Sea

Allseas vessels at work in two Nord Stream 2 offshore zones

Allseas’ Pioneering Spirit has started pipelay operations for the Nord Stream 2 gas pipeline project in the Finnish Exclusive Economic Zone (EEZ).

Great Ships 2018: BP’s British Partner

BP Shipping took delivery of British Partner, the first of a half dozen new 173,400 cu. m. capacity liquefied natural gas

Petrobras, Total deliver subsurface breakthroughs

Petrobras and Total have signed new documents concerning the strategic partnership they announced in January 2017.

Gazprom affirms plan for LNG bunkering

Russian oil firm Gazprom has affirmed plans to continue creating infrastructure for producing and marketing LNG as a marine fuel

NYK vessel ships first plant condensate from INPEX-operated Ichthys LNG Project

Challenge Peak, an oil products tanker operated by NYK Bulkship (Asia) Pte. Ltd. based in Singapore

Nexans has successfully completed the installation of four interconnector cables for 2018

In October 2018, Nexans has successfully completed the installation of the first four cables of NordLink, the power connection between Norway and Germany.

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