News

KBR announced that its subsidiary GVA has signed a license agreement with Daewoo Shipbuilding & Marine Engineering Co Ltd

A series of special modular support vessels for operators in the offshore industries is being built by IHC Merwede, the Netherlands dredging and offshore specialists.

Technical and operational efficiency improvements may lower CO2 emissions from ships by as much as 20 per cent across the global fleet.

Global maritime and offshore oil & gas engineering company, and IMarEST Marine Partner, Harris Pye is highlighting its 360 degree 3D

ABS, the leading maritime and offshore classification society, has released the ABS Guide for Systems Verification (SV Guide) to provide guidance

Today at the SMM Event in Hamburg DNV presented a hull design that will boost fuel economy.

IHC Sealing Solutions, part of IHC Merwede, and Berg Propulsion have further strengthened their cooperation by signing a General Purchase Agreement

Today at SMM Event in Hamburg, couple of minutes ago, PSV Far Solitaire, built by STX OSV Langsten in Norway for Farstad Supply, has been revealed as the ship of the Year 2012.

Fuel cell technology proves successful in a new position paper from DNV Research and Innovation, giving hope to a future of reduced emissions from shipping.

Damen Shipyards and Smit Lamnalco have today signed a contract for delivery of three tug boats.

As officials from the United States and other oil-consuming countries contemplate another drawdown from strategic reserves

Russian leaders hailed their powerful energy industry on Sunday as the country posted a post-Soviet record high rate of oil production that should boost coffers in

Iraq's Kurdistan will keep pumping its share of national oil exports until September 15, extending a deadline for the central government to make disputed payments to companies working in the autonomous region, Kurdish sources said on Saturday.

Kuwait is assumed to have achieved actual oil revenues during the first five months in the amount of about KD11.3 billion, said a report by Al-Shall Economic Consultants Saturday.

A cooler-than-usual start to Japan's summer this year has reversed the trend of Asia's year-on-year spot LNG price gains for the first time since 2009, an analysis of Platts price data and weather information showed.

British oil giant BP is expected to invest a whooping $24 billion for the first phase full-field development of its block 61 tight gas fields in north-central Oman.

Asian liquefied natural gas (LNG) LNG-AS spot prices slipped below $13 per million British thermal units (mmBtu) for October deliveries this week as a third month of weak demand shielded the market from a string of supply losses.

Iraq will make future energy exploration contracts more lucrative in a bid to lure a greater number of foreign firms to auctions for exploration blocks, a spokesman said on Sunday.

The discovery along Africa's east coast of the world's biggest gas finds in a decade threatens to undo investment plans on the other side of the Indian Ocean.

Asia's demand for natural gas may be insatiable and a case existed for the construction of at least a few more multi-billion dollar gas-export projects in Australia