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Decommissioning refers to the process of ending oil and gas operation at the offshore platformkeeping in account the risk and safety of the offshore environment
Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) and trading company Mitsui & Co., Ltd. announced they have received…
Classification society DNV has awarded approval in principle (AiP) to ammonia-fuelled ship design developed by Japanese companies Sumitomo Corporation and Oshima Shipbuilding.
K Line has secured approval in principle for the design of its ammonia-fueled bulk carrier, which is set for delivery in 2026.
Factors such as decline in crude oil prices coupled with growing number of maturing oil & gas fields in predicted to drive growth for offshore decommissioning