The coronavirus does not stop Helsinki's climate work. The schedule for the international Helsinki Energy Challenge has been altered due to the COVID-19 pandemic, but the competition process remains intact despite the changes in the schedule.
With coronavirus (Covid-19) being declared a global pandemic by the World Health Organization (WHO) and the oil price war resulting from the OPEC+ disagreement, the oil and gas industry in Asia is facing an unprecedented uncertainty.
Saab Seaeye has received an order from the Defense Material Organization (DMO), within the Ministry of Defense of the Netherlands for deliveries of the Sea Wasp underwater vehicle system.
THREE60 ENERGY, through its Step Change Engineering division, has been awarded an engineering and support services contract to provide minor modification and repair services for Spirit Energy’s UKCS assets.
Ocean Signal has developed the world’s most compact Category 1 (auto-deploy) Emergency Position Indicating Rescue Beacon – the SafeSea EPIRB1 Pro.
Prevention is better than cure, especially when it comes to accidents at sea. Having survival craft available is a given for any law-abiding seafaring vessel, as is having survival craft that are maintained, repaired and tested by competent personnel. A new series of ISO specifications has just been published to help such personnel meet new international and legal requirements regarding lifeboats and rescue boats.
Motive Offshore Group, a specialist in marine equipment fabrication and rental, has reported an impressive start to 2020 for its Rentals division, with first quarter results exceeding initial expectations.
As the number of cases rise and business sentiment tumbles, Sub-Saharan Africa is likely to see a slowdown in upstream activity for ongoing projects and final investment decisions (FIDs) anticipated in 2020, according to GlobalData, a leading data and analytics company.
Kongsberg Maritime AS, Sensor & Robotics is celebrating the signing of a contract with Saab that will see KONGSBERG delivering its market-leading Anti-Submarine Warfare (ASW) and diver detection sonars for the Pohjanmaa-class corvettes currently being developed by the Finnish Navy under its Squadron 2020 project.
A new COVID-19 Tracking Tool developed by global marine insurer North has been made available as a shared resource to the International Group of P&I Clubs.
More than half of the world’s planned licensing rounds are likely to be cancelled this year due to the combined effect of the Covid-19 pandemic and the ongoing oil price war, a Rystad Energy impact analysis forecasts. New licensed offshore acreage is likely to fall by about 60% and onshore acreage by 30% compared with 2019 levels.
NOIA President Erik Milito issued the following statement after OPEC+ and the G20 reached a deal to cut approximately 10 million barrels per day of oil production:
ABB’s electric propulsion, power, energy storage, control and automation technology will be at the heart of the first tug in South Asia capable of switching between low emission liquefied natural gas (LNG) engines and zero-emission battery power.
Penflex Corporation, a global leader in the design and manufacture of flexible metal hose, is pleased to announce that Penflex Vietnam has received DNV GL Certification for its products used in marine and offshore applications.
Subsea 7 S.A has been awarded contracts by Chevron U.S.A Inc. for subsea installation services related to the Anchor field, located in the Green Canyon area of the Gulf of Mexico. The Anchor field is approximately 140 miles off the coast of Louisiana.
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