As part of its LNG growth strategy, Swiss-based MET Group has reached a partnership agreement with Celsius to build its first LNG vessel, scheduled for delivery in 2027.The LNG carrier will be constructed by China Merchants Heavy Industry (Jiangsu)…
Bill Thompson's fight to stop offshore wind farms was once confined to the tiny U.S. state of Rhode Island where he lives. Today, he is part of a global movement.In April, Thompson, who is director of the activist group Green Oceans, got an email from a fellow anti-offshore wind group more than 10…
OPEC+ has two problems and two solutions.The first problem is that crude oil prices are too low for the comfort of most of the members of the group, which pulls together the Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia…
IK Group launched Norclamp, a new company dedicated to meeting the rising demand for subsea pipeline repairs.In response to the increasing need for maintenance solutions in the subsea pipeline repair segment, IK Group spun off its repair clamp business unit from IK Subsea to establish Norclamp…
A Chevron-led consortium that holds licensing rights over a gas field off Cyprus will present an updated development plan within days, one of the partners said on Monday, after Cyprus gave them a three-month deadline to comply.There have been…
U.S. activists opposed to offshore wind development are forming a national coalition aimed at fighting projects from California to New England, according to the effort's founder and two other organizations.The National Offshore-wind Opposition Alliance…
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