UK-headquartered subsea technology specialist Ashtead Technology has acquired the entire share capital of Hiretech for a total consideration of £20 million on a cash and debt-free basis, expanding its mechanical solutions service offering. Established in 2011, Hiretech is a management-owned, Aberdee
Saipem has decided to buy an ultra-deepwater drillship from Samsung Heavy Industries to strengthen its offshore drilling fleet.
US LNG company Sempra Infrastructure has signed a long-term sale and purchase agreement (SPA) with French utility firm Engie for the supply of liquefied natural gas (LNG) from Phase 1 of its proposed Port Arthur LNG project under development in Jefferson County, Texas. Engie will purchase approximat
Environmental Defense Fund (EDF) was granted consultative status by the International Maritime Organization (IMO) to support the shipping industry and countries to move in the right direction on climate.
Valaris has revealed that one of its jack-up rigs has embarked on its new assignment in Australia with Italy’s energy giant, Eni.
Swedish company Minesto has signed two collaboration agreements to explore the development of tidal energy projects in in Nusa Tengara Barat region in Indonesia.
Marine robotics company Ocean Infinity has taken delivery of the first two robotic vessels that will form part of the high-tech Armada fleet. The two ships have left Vard Vung Tau shipyard in Vietnam and are headed to Norway and Vard Søviknes. “Armada 7801 and 7802 have set sail from Vietnam and are
North Sea-focused Ithaca Energy has started production from a subsea tie-back to its FPF-1 facility located in the UK North Sea.
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has established the Sustainability Linked Loan Framework Template and in accordance with the principles, set future targets regarding the establishment of a hydrogen supply chain.
Norwegian offshore safety regulator has carried out an audit of maintenance management on one of Seadrill’s jack-up rigs.
Japan’s oil and gas producer Inpex has executed a joint research agreement with Japan Organization for Metals and Energy Security (JOGMEC) to evaluate the potential of the Bonaparte Basin in Australia to become a large-scale carbon storage location. The parties will conduct joint research to support
The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 tonnes of CO2 in a former oil field over a four-month period. INEOS E&P and Wintershall Dea have been granted permission to begin a time- an
The Global Centre for Maritime Decarbonisation (GCMD)has issued an invitation-for-proposal (IFP) to evaluate the safety, technical and operational requirements for offloading shipboard-captured CO2 during port calls.
Ørsted and Danish renewable energy developer Skovgaard Energy have signed a letter of intent to jointly develop a Power-to-X facility in Denmark. The project is planned to be built in several phases, starting with electrolysis powered by onshore renewables and later tapping into offshore wind from t
