Israel’s Navitas Petroleum has postponed a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), bumping it to next year for Phase 1, following the cost hike to $1.4 billion.
The post Sea lion’s first roa…
Cadeler boss says scale is vital in wind turbine ship sector with high barriers to entry
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Eni has made inroads in bringing its new floating liquefied natural gas (FLNG) unit to life in line with its start-up timeline, thus, the unit is still slated to come into operation mode in the fourth quarter of 2025 at the Italian player’s LNG project…
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Weak freight markets have pushed down Ebitda estimates for both companies
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Tanker owner posts yet another profitable quarter and says it will continue selling older vessels to renew its fleet
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