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Panama Canal enforces lower draught restrictions

The restrictions were introduced on 19 April and requires vessels to reduce weight or otherwise handle less goods onboard. The interim measure was outlined by officials without a deadline, but they expressed optimism that it might “be lifted as soon as

Moray West wind farm powers ahead with $2.5bn investment

Global Energy Group Ocean Winds, a 50/50 joint venture owned by EDP Renewables and Engie has secured £2bn ($2.48bn) of non-recourse project finance and reached financial close for its 882 MW Moray West offshore wind farm in the Moray Firth, Scotland.

Trinidad platform resumes operations after fire

Trinity Exploration Trinity Exploration & Production has restored oil production from its platform offshore Trinidad’s east coast after a fire earlier this month. The generator-related fire occurred on Trinity’s Bravo platform in the Trintes field on April 10. Four workers were