With only a week to go before OPEC+ countries start flooding the world’s total oil production with an estimated extra 2.5 million barrels per day (bpd) amid the Covid-19 crisis, building one of the biggest oil supply gluts the world has ever seen, UK operator INEOS has decided to postpone its scheduled maintenance for the North Sea Forties pipeline system (FPS) in a move that Rystad Energy calculates will add several hundred thousands of extra barrels to the market every day.
The impact of the global COVID-19 crisis has reinforced the value of DNV GL’s industry first remote survey services. With some 15,000 surveys and inspections undertaken since the launch in October 2018, customers have benefited from greater flexibility and efficiency through the continued digitalization and integration of DNV GL’s class services.
ProSep, an industry leading provider of proprietary solutions for reduced chemical, water usage and clean water, has successfully secured a six-figure contract with a leading Middle East national oil company.
The Liberian International Ship & Corporate Registry (LISCR) has approved the use of RINA’s remote technology for inspections of Liberian flagged vessels. Shipowner d’Amico will take advantage of this facility in a pilot case on his fleet.
The Business Network for Offshore Wind has announced its schedule for IPF Virtual, taking place online April 21-22 in advance of this year’s in-person conference, now scheduled for August 18-21 in Providence, Rhode Island.
The organization of collective crew changes at key hub ports by ship managers and owners has the potential to solve the seafarer welfare crisis currently threatening global supply chains, believes Captain Rajesh Unni, Founder and CEO of leading Singapore-based ship manager Synergy Group, which employs over 12,000 seafarers on more than 300 vessels.
Fugro, a world’s leading Geo-data specialist, has announced a strategic partnership with SEA KIT International, winner of the Shell Ocean Discovery XPRIZE.
The technology group Wärtsilä has initiated combustion trials using ammonia. The research will help the company to prepare for the use of ammonia as a fuel that can contribute to reducing both the shipping’s and energy sectors’ greenhouse gas emissions.
Survitec, a global safety and survival solutions leader, has announced the appointment of Ron Krisanda as Executive Chairman for its worldwide life-saving equipment business.
Sercel-GRC, an oil and gas service company that designs, manufactures and markets downhole data acquisition instruments and surface equipment, has named Alejandro Villa as global customer support engineer.
Quality Companies, the global offshore and onshore construction, fabrication and electrical and instrumentation company, has appointed Wayne Lacey as vice president of operations for Zadok Technologies.
Chevron Marine has launched a suite of digital solutions to support shipping’s journey into a more efficient future. Chevron Marine Cloud Solutions, including the customer order management platform OnePort™ launched last year, offers ship owners and operators tools with which to analyze, manage and ultimately help to improve their operational performance.
All American Marine, Inc. (AAM) has been awarded a contract by SWITCH Maritime (SW/TCH) to complete the aluminum construction and outfitting of a 70’ 84-passenger zero-emissions, hydrogen-powered, electric drive (“e-ferry”) that will operate in the California Bay Area (referred to as the ‘Water-Go-Round’ project).
Leading integrated subsea and offshore solutions provider, Unique Group, has recently signed an exclusive rental agreement with UK-based OTAQ Offshore to represent the latter’s technology and products across the Middle East, APAC and the Americas.
Oceaneering International, Inc. (Oceaneering) has been awarded a contract by Golar LNG for a FLNG vessel maintenance build, and inspection and maintenance program.
Equinor (OSE:EQNR, NYSE:EQNR) presents updated outlook for 2020 and an around USD 3 billion action plan to strengthen the financial resilience in a market impacted by the COVID-19 and low commodity prices.
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