Brazil’s state-controlled oil company, Petroleo Brasileiro SA , said on Nov. 28 it had sold rights to more than 30 oil fields for more than $800 million as part of a longstanding divestment plan to reduce the company’s debt.
Technology is disrupting and transforming the way the port industry operates, while it is expected that more port operations will be automated in the longer term
The European Union's member nations have elected not to threaten Russia with new sanctions over the seizure of three Ukrainian Navy vessels near Kerch Strait last weekend
The Sevastopol, a freighter that has been blacklisted by the United States because of her owner's alleged sanctions violations, is stuck at the port of Busan because no one will sell her fuel.
Royal Dutch Shell subsidiary Shell Exploration and Production Co. has selected McDermott International Inc. for new subsea umbilical and flowline installation at the Great White Frio development
Swedegas, the owner of the gas grid in Sweden, conducted the first liquefied natural gas (LNG) bunkering operation at its new facility at the Port of Gothenburg.
An Optimarin Ballast System (OBS) installed on Seven Pacific, a Subsea7 vessel, in 2015 has been upgraded to meet the ballast water treatment system (BWTS) requirements of the United States Coast Guard (USCG).