News

Russia's United Shipbuilding (USC) has ordered a pair of platform supply vessels at St Petersburg-based Baltic Shipyard.

Denmark-based Vestas has secured an order to supply 99 turbines with a total capacity of 178MW for two wind-energy projects in south-western Ontario, Canada.

DONG Energy has signed a sales and purchase agreement with Shell UK to acquire 100% of the shares of Shell Gas Direct for £30m.

ABB has secured a $36m contract from Aker Solutions to provide equipment for the world's first subsea power distribution system from onboard the Asgard A floating vessel off the northern coast of Norway.

Iranian Oil Minister Rostam Qasemi says the country's crude oil output should increase to 5.2 million barrels per day by 2015 through exploiting joint oil fields.

Libyan oil production has resumed more quickly than expected, but the country still has enormous political and technical obstacles to surmount before the situation returns to normal, experts said.

China's natural gas output rose 6.9 percent year-on-year to 23.9 billion cubic meters in the third quarter of the year, the country's top economic planner said on Monday.

The discovery of gas fields in the East Mediterranean has created threats and promises to countries in the Levant basin as other countries or regions might get involved because of

The National Iranian Offshore Oil Company has announced plans to begin the development of six new offshore Natural Gas fields in the Persian Gulf, whose reserves are estimated at 25.7 trillion cubic feet.

RasGas will supply a record 8.3mn tonnes of liquefied natural gas to South Korea this year, which will account for a quarter of the total anticipated LNG demand in the country,

The positive levels of activity recorded by Aberdeen Harbour throughout the first half of the year have continued through to September,

Following years of planning and construction, Port Manatee’s nearly 1,600-foot-long Berth 12 received its first ship three days ahead of its scheduled dedication Oct. 20th.

Ensco plc announced today that it has entered into a shared drilling contract for ENSCO 8505 with Anadarko Petroleum Corporation, Apache Deepwater LLC and Noble Energy Inc​.

Dolphin Group ASA announces that it will enter into an agreement with Sanco Shipping AS regarding a five year chartering agreement for Sanco Swift

Nantong Dongxin Heavy Industry is a fast growing shipbuilding company located in China. Recently its new built DWT28,000 cargo ship

Seanergy Maritime Holdings Corp. announced today that the Company has entered into new time charter agreement for one of its Capesize vessels.

DNV together with the industry, have recently developed recommended guidelines and best practices for CO2 geological storage selection and risk assessment.

In Iraq, Saipem has been awarded by South Oil Company the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2

China's apparent oil demand growth slowed further in the third quarter, largely in line with economic growth in the world's second-largest

With the macroeconomic fears playing out its part,matched only by the opposing force of strong fundamentals, where supply shortfall exists, Crude Oil prices are expected to be