Low EU River Stir Fuel Markets in Singapore
Rhine water levels hit record lows in October; river is a key fuel transport hub for Europe.Low water levels on the Rhine river have caused a fuel supply deficit in parts of Europe's industrial heartlands that is sucking up cargoes from more than 10,000 km away in Singapore.Following a long, scorching summer, water levels on the Rhine - a key commodity shipping lane connecting industrial centres in Switzerland…
Keppel Secures S$30M Production Barge Upgrade Contract
Keppel Corporation, through its subsidiary unit, has secured a production barge upgrade contract. total value of the deal is said to be S$30M.When completed in or around Q3 2019…
Lundin Norway Awards EPCI Contract to WorleyParsons
Rosenberg WorleyParsons has been awarded an engineering, procurement, construction and installation contract (EPCI) by Lundin Norway ASO in the Norwegian Continental…
Ultra Petroleum Appoints David Honeyfield as CFO
Ultra Petroleum informed that David Honeyfield has been appointed to serve as CFO of the gas producer with assets in Wyoming’s Green River Basin.A press release…
API Enhances Offshore Safety Standard
The American Petroleum Institute (API) released its newest valve standard as part of the industry’s continuous efforts to improve operational safety and environmental…
Ørsted Concludes Deepwater Wind Acquisition
Danish wind energy giant Orsted completed its previously announced takeover of Deepwater Wind from D.E. Shaw group in a deal valued at $510 million.The company closed…
New York Seeks 800 MW Offshore Wind
Newly re-elected Governor Andrew M. Cuomo issued a comprehensive solicitation seeking 800 megawatts or more of new offshore wind projects for New York.According…
Eni CEO Claudio Descalzi Meets Angola's president
Eni president Claudio Descalzi has met Angola's president Joao Goncalves Lourenco in Luanda to discuss the Italian energy giant's operations in the country.During…
Norwegian Cruise Line Profits Up
Miami-based Norwegian Cruise Line Holdings reported third-quarter ended September 30, 2018 profit of $470.4 million compared to $400.7 million in the prior year.
UK: Enough Oil and Gas Reserves for the Next 20 Years
The UK has enough oil reserves to sustain production for the next 20 years and beyond, new figures indicate.A report published by the UK Government suggests that…
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