Thursday, January 23, 2025
MOL shrinking fleet by 40 ships as part of defensive measures in response to COVID-19 crisis -LNG-oilandgas360

MOL shrinking fleet by 40 ships as part of defensive measures in response to COVID-19 crisis

Offshore Energy Japanese shipping major Mitsui O.S.K. Lines (MOL) has devised a plan comprising defensive measures the company should take in order to reduce market exposure and reexamine investment activities in response to the coronavirus pandemic’s impact. In order to be able to chart its path forward, MOL had to review the impact of the pandemic on the markets it

ADNOC - oilandgas360

ADNOC announces $20.7 billion pipeline investment deal

Oil&Gas The company says that the transaction will result in upfront proceeds of over $10 billion to ADNOC The Abu Dhabi National Oil Company (ADNOC)  has entered into an agreement with a consortium of investors which will invest in select ADNOC gas pipeline assets valued at $20.7 billion. The consortium comprises Global Infrastructure Partners (GIP), Brookfield Asset Management, Singapore’s sovereign