Technology
Verlume Tests Underwater Energy Storage System in Aaberlain
Verlume tested its 500 kilowatt-hour underwater energy storage system in Aaberlain. This system will soon be deployed at...
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Oil and Petrochemicals
Global Ship Lease Adds Two New Tankers to Its Orders
Global Ship Lease has added two new tankers to its orders, bringing the total number of orders to 17 tankers. These two...
Oil and Petrochemicals
Iranian tanker transfers a large cargo near Kuwait port
An Iranian tanker has transferred a large cargo near Kuwait port to an unknown destination. This cargo could have seriou...
Oil and Petrochemicals
Normand Maximus to Soon Be Owned by Solstad Offshore
Normand Maximus AS has announced the right to purchase the tanker Normand Maximus for $125 million. This tanker will com...
Economy
Ahmad Mortazavi Emphasized the Necessity of Energy Consumption Management
Ahmad Mortazavi, the head of the Energy Committee of the Expediency Discernment Council, emphasized the urgent need for...
Oil and Petrochemicals
Aramco Begins Collaboration with KBR for Oil and Gas Project in the Persian Gulf
Aramco is collaborating with KBR to improve the infrastructure of the Marjan oil and gas field in the Persian Gulf. This...
Oil and Petrochemicals
SFL Corporation Orders Two New Ammonia Tankers
SFL Corporation has placed an order for two large ammonia tankers with a capacity of 93,000 cubic meters. These vessels...
Economy
World Bank: Iran's War Will Shrink Middle Eastern Economy by 2.1%
The World Bank has predicted that due to the war in Iran, the Middle Eastern economy will shrink by 2.1% in 2026. This d...
Analysis
Analysis of Operational Conditions in Offshore Projects by Greg Stanton
The analysis of conditions and decision-making in marine projects is influenced by various factors. The importance of un...
Oil and Petrochemicals
ADNOC L&S Invests $324 Million in Three New Tankers
ADNOC Logistics & Services has ordered three new tankers with a capacity of 90,000 cubic meters worth $324 million as pa...
Technology
Signing of Memorandums of Understanding between RINA and PTT Thailand in the Field of Innovation and Decarbonization
RINA and PTT Public Company Limited of Thailand signed two memorandums of understanding to advance innovation and decarb...
Oil and Petrochemicals
Exmar Confirms Sale of Its First Suezmax Tanker
The Belgian company Exmar announced the sale of its first Suezmax tanker, resulting in a profit of $22 million.