BP and its partner Equinor are renegotiating the terms of power supply agreements linked to their giant wind developments off the U.S. East Coast, BP CEO Bernard Looney said on Tuesday."We are in the midst of renegotiating our PPA (power purchase agreement) contracts in the East Coast with our partner Equinor," Looney told analysts.In 2020, BP paid Equinor $1.
Shipping group A.P. Moller-Maersk on Monday said it had ordered from China's Yangzijiang Shipbuilding Group six mid-size container vessels capable of running on green methanol.The ships, which run on dual-fuel engines that can operate on both fuel oil and methanol, can carry upwards of 9,000 containers.
Six crew members who were kidnapped by pirates from a Danish-owned ship in the Gulf of Guinea in late March have been rescued from an undisclosed location in Nigeria, the vessel's owner said on Monday.The Liberian-flagged oil and chemical tanker Monjasa Reformer with 16 crew members was hijacked on March 25 by five armed assailants some 140 miles west of the Republic of Congo's Port Pointe-Noire.
A second oil tanker in a week was seized by Iran on Wednesday in Gulf waters, the U.S. Navy said, the latest escalation in a series of seizures or attacks on commercial vessels in Gulf waters since 2019.The Bahrain-based Fifth Fleet of the U.S. Navy said the Panama-flagged oil tanker Niovi was seized by Iran's Islamic Revolutionary Guard Corps Navy (IRGCN) at 0620 local time while passing
Pirates have abandoned a Danish-owned ship that was hijacked in the Gulf of Guinea last week, and have taken some crew members with them, while others have been brought to safety, the vessel's owner said on Friday.The Liberian-flagged oil and chemical tanker Monjasa Reformer with 16 crew members was boarded by five armed people 140 miles west of the Republic of Congo's Port Pointe-Noire
A Danish-owned vessel that was boarded by pirates in the Gulf of Guinea on Saturday was spotted about 540 miles further off shore on Tuesday, according to a maritime cooperation centre monitoring security in the area.The Liberian-flagged oil and chemical tanker Monjasa Reformer was boarded by five armed people some 140 miles west of the Republic of Congo's Port Pointe-Noire.
Pirates have attacked and boarded a Danish-owned ship in the Gulf of Guinea and all communications channels with the vessel are down, a spokesperson for shipping company Monjasa said on Tuesday.All 16 crew members sought refuge in a safe room onboard the Monjasa Reformer vessel, the spokesperson said.
A rescue ship funded by British street artist Banksy was seized in Lampedusa on Sunday after Italy's coast guard said the boat had disobeyed its instructions to head to Sicily after carrying out a migrant rescue operation. The coast guard said it had ordered the MV Louise Michel ship to dock in Trapani in Sicily after it performed an initial rescue operation in Libya's Search And Rescue area.
Maersk has agreed to sell its offshore marine service provider Maersk Supply Service to family-owned holding company A.P. Moller Holding for $685 million, the Danish shipping giant said in a statement on Monday.The sale marks the completion of Maersk's strategic shift that began in 2016 away from energy towards focusing on its transport and logistics business
British union Unite on Friday said several Sparrows offshore services workers have voted to strike at dozens of platforms on the UK continental shelf including those of BP and Shell.Around 150 Sparrows workers across more than 20 oil and gas platforms have voted for strike in a dispute over pay, the union said in a press release.
Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking the end of its business activities in the country.The group said the sale of its inland depot facility in Novorossiisk, with a capacity of 1,500 containers (TEU), and a chilled and frozen warehouse in St.
The Italian government has rejected a request from a ship run by Doctors Without Borders non-governmental organisation (NGO) to assign a safe port closer to the place where it rescued 73 migrants, an NGO official said on Sunday.Italy's interior ministry did not comment on the issue.