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Insurance

Oil & Gas

  • ADNOC Awards $324 Million Contracts to Optimize Onshore...

    The Abu Dhabi National Oil Company (ADNOC) announced today the award of contracts worth $324 million (AED 1.19 billion) to optimize onshore field operations and enhance efficiencies as it continues to invest responsibly to drive smart growth.

  • India allows UAE's ADNOC to export oil from strategic...

    The Union cabinet has allowed Abu Dhabi National Oil Co (ADNOC)to export oil from its Mangalore strategic petroleum reserve (SPR), a minister said, marking a policy shift that could enhance foreign participation as India seeks to expand its storage capacity.

  • TGS Adds to Offshore Nigeria Data with New Coring Project

    TGS, a leading provider of multi-client geoscience data for exploration and production companies, today announced the recommencement of the geochemical coring project offshore Nigeria. The initiative is part of an anomaly targeting program focusing on the previously completed analysis of multibeam and backscatter data. This survey is being conducted in conjunction with Nigerian joint venture partner TGS-PetroData.

  • Global oil supply and demand to rebalance by end 2021 –...

    Occidental Petroleum Corp expects global oil supply and demand to rebalance by the end of 2021, its chief executive told the Energy Intelligence Forum on Wednesday.

  • China’s strong Sept crude imports are more bearish than...

    China’s imports of crude oil stayed above 11 million barrels per day (bpd) for a fifth straight month in September, something that sounds bullish for the market but in reality is far more likely to be bearish for coming months.

  • ECO to build two Damen-designed tugs

    Edison Chouest Offshore has contracted Damen Shipyards Group to design a new offshore terminal tug

     
     

Ports

Finance

Shipping

  • Hyundai Heavy Industries wins orders to build...

    Hyundai Heavy Industries (HHI) Group has signed a 240 billion won contract for three ships, breaking sales drought that has continued since the beginning of the year.

  • COVAXX and Maersk enter partnership to supply...

    The goal is to bring a much needed COVID-19 vaccine to emerging and developing nations. The agreement establishes integrated logistics to enable efficient worldwide distribution of COVAXX’s COVID-19 vaccine. The aim is to distribute up to a billion doses of the COVAXX synthetic vaccine worldwide in 2021. 

  • V.Group and Costamare Shipping Company S.A....

    Global ship management and marine support services provider V.Group and Costamare Shipping Company S.A. (“Costamare”) have announced they have strengthened and expanded their existing strategic partnership.

  • New shipping service delivers opportunities for...

    COSCO SHIPPING LINES, one of the world’s biggest shipping liner conglomerates, today begins a new fortnightly service directly linking Townsville with destinations in China, Northern Australia and the South Pacific.

  • Pacific Aria Sold; Leaving P&O Australia Fleet

    P&O Cruises Australia has announced the Pacific Aria has officially been sold, and will leave the fleet immediately, as opposed to her scheduled departure early next year.

Legal & Regulations

Environment

  • Research for Singapore's First Floating Energy Storage System

    Research is getting underway to develop Singapore’s first floating energy storage system (ESS). Designed to incorporate new technologies in batteries and other areas, the project is part of an ongoing partnership between Singapore’s Energy Market Authority (EMA) and Keppel Offshore & Marine (Keppel O&M) to develop innovative energy solutions in the marine sector. The technologies that are being developed will also contribute to the future of electric and hybrid ships.

  • Total Delivers its First Carbon Neutral LNG Cargo

    Total has delivered its first shipment of carbon neutral1 liquefied natural gas (LNG) to the Chinese National Offshore Oil Corporation (CNOOC).

  • Marine Biofuel Tests on Tankers Operated by Eastern Pacific Shipping

    Singapore-based Eastern Pacific Shipping has become the latest shipping company to test marine biofuel as an alternative to lowering emissions. According to the company, the test project is in line with its Environmental, Social & Governance (ESG) Policy that calls for the testing and use of various alternative marine fuels to significantly lower greenhouse gas emissions.

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