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Helmerich & Payne
Business & Finance

Helmerich & Payne’s $2 billion KCA Deutag acquisition secures rig fleet boost and top spot in largest oil & gas regions

In pursuit of further growth and diversification, Helmerich & Payne (H&P) has embarked on a business combination with KCA Deutag.

about 2 years ago
FPSO Johan Castberg; Source: Equinor
Business & Finance

Oil & gas production uptick sets the scene for ‘solid’ financial performance as Equinor bolsters low-carbon shift with spike in renewables

Equinor has maintained a stable net profit in Q2 2024, with a drop quarter on quarter but a slight increase compared to the same period 2023.

about 2 years ago
Akcakoca production platform; Source: Trillion Energy
Business & Finance

Perforations at Trillion’s Black Sea gas field yield mixed results

Canada’s Trillion Energy has shared the latest information on the flow rates and well perforations at its gas field off the coast of Türkiye.

about 2 years ago
Rovco launches new business line
Business Developments & Projects

Rovco wins survey work on Green Volt floating wind farm offshore Scotland

Rovco has been selected to conduct site characterization operations on the Green Volt floating offshore wind farm project in Scotland. UK-based company will focus on geophysical surveys in the offshore wind farm array area, offshore and nearshore export cable corridors, shallow Piezocone Penetration

about 2 years ago
FPSO Western Isles; Source: NEO Energy
Business & Finance

FPSO staying in Scotland’s Orkney Islands for revamp ahead of redeployment to UK firm’s flagship North Sea oil project

A 2017-built FPSO, destined to work on a redevelopment project in the North Sea, will spend up to a year in Scapa Flow, according to Orkney Harbour Authority.

about 2 years ago
Cyan Renewables, a portfolio company of Seraya Partners, has closed the agreement to acquire Australian offshore vessel player, MMA Offshore, adding 20 vessels to its fleet and gaining expertise in th
Business & Finance

Cyan Renewables acquires MMA Offshore, expands fleet and expertise

Singapore-based Cyan Renewables, a portfolio company of Seraya Partners, has closed the agreement to acquire Australian offshore vessel player, MMA Offshore, adding 20 vessels to its fleet and gaining expertise in the Australian offshore wind market.

about 2 years ago
PIL embraces digital era with new partnership
Collaboration

PIL embraces digital era with new partnership

Singapore-based shipping company Pacific International Lines (PIL) and provider of digital solutions WaveBL have entered into a strategic partnership to advance digitalization within the shipping sector.

about 2 years ago
Hornsea Project One; Source: Ørsted
Authorities & Government

UK’s state-owned clean energy firm, Crown Estate to back offshore wind, CCS, hydrogen, marine energy projects

The UK government will today (July 25) introduce a bill to establish Great British Energy, a publicly owned clean energy company. Ahead of issuing the bill, the government revealed a partnership between the new company and The Crown Estate. The tie-up is said to lead to 20-30 GW in new offshore wind

about 2 years ago
Second Jan De Nul XL cable layer named after Irish scientist
Business & Finance

Second Jan De Nul XL cable layer named after ‘scientific genius’

Jan De Nul has named its new XL cable-laying vessel (CLV), identical to the Fleeming Jenkin ordered last year, after the Irish physicist William Thomson. William Thomson, ordered earlier this year, will have three carousels and a cable-carrying capacity of 28,000 tonnes, the same as the previously o

about 2 years ago
Nigeria LNG; Source: Oil and Gas Free Zones Authority (OGFZA)
Business & Finance

Exodus from Nigeria’s onshore arena continues with another oil major selling operated assets to go after deepwater and LNG plays

Eni has cleared all the regulatory hurdles that stood in the way of selling its subsidiary focused on onshore oil and gas and power generation in Nigeria.

about 2 years ago
ABS presents industry’s first advisory on ammonia bunkering
Business Developments & Projects

ABS presents industry’s first advisory on ammonia bunkering

Classification society American Bureau of Shipping (ABS) has issued the maritime industry’s first guidance focused on ammonia bunkering.

about 2 years ago
Fugro's fleet expands with geotechnical vessel
Business Developments & Projects

Fugro to start geotechnical survey work at Dogger Bank South West site

The Fugro Quest vessel, operated by Fugro, is en route to the northeast coast of England to begin geotechnical survey work on the site of the proposed Dogger Bank South (DBS) West, one of two proposed DBS offshore wind farms. Fugro Quest, launched in 2022, left Falmouth on 23 July 2024 to initiate g

about 2 years ago
EPS takes delivery of second dual-fuel PCTC from Jinling Shipyard
Vessels

EPS takes delivery of second dual-fuel PCTC from Jinling Shipyard

Singapore-based ship management company Eastern Pacific Shipping (EPS) has taken delivery of its second duel-fueled pure car and truck carrier (PCTC) from China Merchants Jinling Shipyard (Weihai).

about 2 years ago
Two consortia shortlisted for ammonia project on Jurong Island
Authorities & Government

Two consortia shortlisted for ammonia project on Jurong Island

EMA and MPA have shortlisted two consortia that will proceed to the next round of evaluations of proposals to provide a low- or zero-carbon ammonia solution on Jurong Island for power generation and bunkering.

about 2 years ago
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