Saipem warming up to start the final phase of ExxonMobil’s Payara Project in Guyana

Saipem received the authorization to proceed with the final phase of the Payara development project in Guyana from Esso Exploration and Production Guyana Limited, an ExxonMobil subsidiary. Italy based leading company in engineering, drilling, and construction, Saipem was hooked up by global oil major ‘ExxonMobil’ for the subsea job and variation orders on ongoing offshore E&C contracts […]

Hijacking Charges Dropped for Stowaways SBS Forces Captured on Tanker

British authorities have dropped the charges against seven Nigerian stowaways that were accused of endangering a product tanker after a confrontation with the crew. The vessel was later boarded by British special forces in response to the crew’s calls for help. Announcing the decision to drop the case, the prosecutors said, “Our case was that […]

Ten renewable energy trends to watch in 2021

LOS ANGELES (Bloomberg) –Even after Covid-19 has wreaked havoc on almost everything else, the new year begins with surging growth for renewable energy. “2020 was the year of positive surprises for the environment in a way that very few saw coming,” says Jeff McDermott, head of Nomura Greentech. “It was the breakout year in sustainability […]