According to an August 4 report from Bloomberg, StatoilHydro ASA, the world’s largest offshore oil and gas operator, said profit was almost wiped out in the second quarter as the global recession sapped fuel demand, denting prices for crude and natural gas. Net income fell to $12.8m the Stavanger, Norway-based company said.
(Bloomberg)
Installed offshore wind capacity in the U.S. grew to 242MW in the first quarter of the year from 42MW in the previous quarter…
As the U.S. offshore wind industry endures a predictable number of stops and starts during its adolescence, common mantras…
Hong Kong-based shipping company Wah Kwong is finalizing a deal later this month to double the number of liquefied natural…
The National Ocean Industries Association (NOIA) has appointed and approved the 2024-2025 term of the NOIA Board of Directors and Executive Committee.
As the maritime industry continues to rapidly advance with increasingly stringent regulations and ever-evolving technology, staying ahead of the curve requires embracing innovative technological
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
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