Russia is to spend almost 1.8 trillion roubles ($30 billion) on the Northern Sea Route development project up to 2035, according to a document uploaded to the government’s website.The document said the sea route, which is being facilitated by reduced s…
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Belgian oil tanker and storage operator Euronav on Thursday reported sharply higher quarterly earnings, but despite a freight market recovery, rates for very large crude carriers (VLCCs) remained low, sending its shares down more than 4%.”Management…
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U.S. LNG project developer Tellurian reports a 47 per cent increase in natural gas production for the second quarter of 2022.
The post Tellurian’s natural gas production goes up in Q2 of 2022 appeared first on Offshore Energy.
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Nexans has completed the construction of the new XLPE insulation tower at its subsea […]
The post New tower at Nexans’ Halden factory stands tall appeared first on Offshore Energy.
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Singaporean shipbuilder Strategic Marine said the two new crew transfer vessels (CTV) it has built for U.K. services firm Manor Renewable Energy Ltd (MRE) have passed sea trials.The 27.1-meter aluminum catamarans, Manor Victor and Manor Vulcan…
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