News

2020 Vision

The Congress worked hard and most importantly together at the end of the recently-concluded First Session in December to finalize and pass Fiscal Year (FY) 2020 appropriations that included the Energy & Water Development (E&WD) Appropriations bill that...
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CGG Officially Exits Seismic Data Biz

French-based geophysical services company CGG announced that it has completed the wind-down and exit from its land seismic data acquisition business after completing its last land seismic acquisition contract in Tunisia.Following on from the…
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Petronas Inks 12-yr Contract with K-Line

Malaysian national oil company Petronas’ subsidiary Petronas LNG Ltd recently signed a 12-year time charter party (TCP)  with a Japanese shipowner Kawasaki Kisen Kaisha Ltd (“K” Line) for two midsized new build LNG vessels.According to the statement…...
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GE Appoints Grid Solutions Chief

GE Renewable Energy has announced that Heiner Markhoff has been named vice-president and CEO of Grid Solutions, effective March 20, 2020.According to a press release, Markhoff has a track record of growth, transformation and operational performance in ...
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Performance Shipping Buys Aframax Tanker

Performance Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 2007 built Aframax tanker vessel, the M/T FSL Shanghai, from an unaffiliated third party seller for a total…
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GTT Wins 2 LNG Tank Design Orders from Hyundai

French multinational naval engineering company Gaztransport & Technigaz (GTT) has received two orders from the Korean shipyards, one from Hyundai Samho Heavy Industries (HSHI) and the other one from Hyundai Heavy Industries (HHI) for the tank…
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Golar LNG Pact with BR Distribuidora

Golar Power, which offers integrated liquefied natural gas (LNG) based downstream solutions, and Petrobras Distribuidora S.A. (BR Distribuidora) announce the formation of a Partnership for the development of an LNG distribution businesses in Brazil.
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Kongsberg, Zero Join Forces for Renewables

International marine technology group Kongsberg Gruppen and  Zero environmental foundation signed a three-year collaboration agreement.The main intentions of the collaboration are to create increased momentum in the shift to renewable and emission-free...
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“Ghost Ship” Washes Up in Ireland

An abandoned cargo ship landed on the coast of Ireland this week after more than a year drifting alone at sea.The Irish Coast Guard said it responded to a merchant vessel aground near Ballycotton, Cork on Sunday, only to discover there was no…
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