Impairments and weaker revenues trim MISC profit
Malaysian tanker and LNG owner hurt by series of one-offs in third quarter
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November 2019
TechnipFMC Sells Subsea Vessel
UK-based player in subsea, onshore/offshore and surface projects TechnipFMC has entered into a memorandum of agreement (MOA) to sell the Global 1201 S-lay and heavy-lift vessel in an effort to optimize the profile and size of its subsea fleet.The…
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G42, ADNOC JV for AI in Oil and Gas
With a goal of creating more artificial intelligence (AI) led solutions for the oil and gas sector, Abu Dhabi National Oil Company (ADNOC) has signed a deal with compatriot technology company Group 42 (G42) to create a new joint venture.The…
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TORM Conducts 16 Scrubber Installations
TORM, a pure play product tanker company and one of the world’s leading carriers of refined oil products, expects to install a total of 44 scrubbers and has since the last quarter committed to an additional ten scrubber installations.The new…
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E.ON, RWE Renewables Sign Clean Power Deal
Global energy company E.ON has signed an agreement to purchase clean energy from British wind farms of RWE Renewables.The 2.5-year agreement is on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid…
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