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GMS finds work for jackup barge in Arab Gulf region

Gulf Marine Services (GMS), a UAE-headquartered provider of self‐propelled, self‐elevating support vessels to the offshore energy industry, has secured a contract for one of its large‐class vessels in the Gulf Cooperation Council (GCC). The post GMS finds work for jackup barge in Arab Gulf region appeared first on Offshore Energy.

Aramco firms up 20-year LNG offtake deal with US player

Aramco has signed a multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Houston-headquartered NextDecade Corporation, ensuring offtake from an LNG export project located in Texas, United States (U.S.).  The post Aramco firms up 20-year LNG offtake deal with US player appeared first on Offshore Energy.

Trump’s ‘economic revolution’ leaves US energy industry at tariff wars’ mercy

Wood Mackenzie has underlined that the U.S. power industry is among the most exposed areas to the shockwaves of U.S. President Donald Trump’s tariff hikes, which are forecast to result in a slower global growth and weaker demand for many commodities, including oil. The post Trump’s ‘economic revolution’ leaves US energy industry at tariff wars’ mercy appeared first on Offshore Energy.

APM Terminals and Hateco inaugurate Haiphong terminal in Vietnam

APM Terminals, an independent entity of Danish shipping giant A. P. Moller – Maersk, and Vietnam’s Hateco Group have celebrated the grand opening of the new terminal in Haiphong, Vietnam. The post APM Terminals and Hateco inaugurate Haiphong terminal in Vietnam appeared first on Offshore Energy.

UK firms set to benefit from €35M fund supporting clean maritime technologies

The sixth round of the Clean Maritime Demonstration Competition (CMDC), a UK government-funded initiative to support the delivery of net zero emissions across the maritime industry, is currently open for bidders until April 16, 2025. The post UK firms set to benefit from €35M fund supporting clean maritime technologies appeared first on Offshore Energy.