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Global liquefied natural gas (LNG) trade increased to 360 million tonnes in 2020, according to Shell’s latest annual LNG Outlook published on February 25, 2021, despite the unprecedented volatility caused by the COVID-19 pandemic which resulted in lockdowns around the world.



PETRONAS has made a gas discovery from Dokong-1 wildcat exploration well in Block SK417 Production Sharing Contract (PSC), located in the shallow waters of Baram Province, approximately 90 kilometers off the coast of Sarawak, offshore Malaysia.

Global engineering and technology consultancy, Vysus Group, has completed its first acquisition following a strategic carve out from Lloyd’s Register at the end of 2020.  

The organizers of Ocean Business have announced the event has been rescheduled from July to October 2021. The ocean technology exhibition and training forum will be deferred to the new dates of October 12-14, 2021 at the National Oceanography Centre, in Southampton UK. 

Aker Solutions has signed a front-end engineering and design (FEED) contract with Empire Offshore Wind LLC to study the design and delivery of concrete foundations for the wind turbine generators (WTG) for the planned Empire Wind project in New York. Empire Wind is being developed by Equinor and BP through their 50/50 strategic partnership in the U.S.

The SafePilot CAT MAX system from Trelleborg’s marine and infrastructure operation has been used by DanPilot, the official pilotage of the Danish state, to complete the task of maneuvering the Maersk Interceptor, a high-value jackup rig located in an ‘ultra-harsh’ environment in the North Sea, off the coast of Denmark.

CWind, a leading provider of project services, CTVs and GWO-accredited training courses to the offshore wind industry, and part of the Global Marine Group, delivers the world’s first hybrid powered Surface Effect Ship (SES), the CWind Pioneer.

PETRONAS through its subsidiary, PC North Madura II Ltd., has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract (PSC), offshore East Java, Indonesia. PC North Madura II Ltd. is the operator with 100 per cent participating interest in the North Madura II PSC.  

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