Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, the US Energy Information Administration said in its report.The EIA’s report notes that Azerbaijan’s exports of natural…
EIA: Azerbaijan Surges in Natural Gas Read More »
Global oil and gas total deal value increased by US$ 79.7b during 2018 to reach US$426.8b, despite a decrease of 18% in deal volume, said EY Global oil and gas transaction review 2018.It said that while the first two quarters of 2018 saw greater deal a…
Oil & Gas M&A Deal Value Up in 2018 Read More »
Maritime law enforcement officials from Kenya are taking part in a two week training course on best practices for visit, board, search and seizure of vessels, in Mombasa, Kenya (11-22 February).The multi-agency course brings together 30 officials…
Kenya Trains Maritime Security Officials Read More »
Greek shipping company Tsakos Energy Navigation (TEN) announced the contract for the building of two suezmax crude tankers which upon delivery will enter into minimum five maximum 12-year contracts to a significant oil major.The time charter equivalent…
TEN Wins TC for Two Tankers Read More »
The number of Indian seafarers employed on Indian or foreign flag vessels increased by 35 per cent in 2018 on the back of a series of measures taken in the last four years, said the shipping ministry. “The shipping sector has witnessed an unprecedented…
Indian Seafarers Employment Soared 35% in 2018 Read More »