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Petrofac eyes April restructuring date as convening hearing is postponed

UK-headquartered oilfield services provider Petrofac has provided an update on its proposed financial restructuring. According to the UK player, the court hearing for the restructuring...

Viasea adds London Thamesport to Northern European, Baltic Route

Viasea, a Norwegian-owned shipping line, will optimize its route in the south of the United Kingdom...

Eco Wave Power cuts costs in 2024, projects in focus

Wave energy developer Eco Wave Power has presented its 2024 financial results, highlighting cost reductions, revenue generation, and a strengthened financial position. The company raised...

Ocean Shipping Faces Uncertainty as Trade Threats Loom

The global ocean shipping industry that handles 80% of world trade is navigating a sea of...

Shell-led JV preps for ‘critical’ step to enable start-up of Canada’s first LNG export project

LNG Canada, a joint venture company encapsulating Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, is setting the stage to begin operations by mid-2025 at its...

Rusagro to Export Sunflower Oil from St Petersburg

Russian farming conglomerate Rusagrobegan exporting sunflower oil from the St Petersburg terminal (PNT) on the Baltic...

Brazil’s field hits record oil production after welcoming sixth FPSO

Brazilian state-owned oil and gas giant Petrobras has achieved a record daily oil production at its field located in the pre-salt Santos Basin offshore...

New Digital Solutions for Heavy Lifting

William Hackett, a UK-based supplier of lifting, rigging and chain solutions, is expanding its customer offerings...

TotalEnergies winding down commissioning ops at giant North Sea gas project

Despite hurdles, TotalEnergies EP Danmark, a subsidiary of France’s energy giant TotalEnergies, has made progress in boosting the commissioning and ramp-up efforts to unlock...

McNally takes the Helm at Manson Construction

Manson Construction Co. (Manson) announced that James (Jim) McNally, previously Manson’s Executive Vice President and Chief...
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