Gibsons says China will top crude import table for decades
Refining capacity is set to rise in the medium term, despite government preparing for peak oil demand
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November 2021
BW Offshore’s FPSO to Stay in Nigeria for One More Year
Norwegian floating oil and gas production systems owner BW Offshore has secured a one-year contract extension in Nigeria for one of its FPSOs.The contract, with Addax Petroleum Exploration (Nigeria) Ltd, is for the lease and operation of the FPSO Sendj…
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BAE Systems Sticks to Guidance for 2021 Earnings Growth
British defense company BAE Systems stuck to guidance for earnings to grow by 3% to 5% this year over 2020’s result and said that demand for its products and services remained high.BAE, whose main customers are the United States, Britain and Saudi Arab…
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Eni: Coral-Sul FLNG project is on track
Italian oil and gas company Eni said the Coral-Sul FLNG project for Mozambique is on track, with the FLNG vessel being completed at Samsun Heavy shipyard in South Korea.
The post Eni: Coral-Sul FLNG project is on track appeared first on Offshore Energy.
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Superyachts Enjoy Pandemic Tailwind as Rich Seek Zen at Sea
When Chinese billionaire Jack Ma took a trip to Spain’s Mallorca island last month, much was made of it being his first foreign foray since a 2020 fallout with regulators had clipped his wings.However, Ma’s sunny sojourn on his newly-built 88…
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