Equinor has inked an agreement to acquire Suncor Energy UK Limited, a subsidiary of Canada’s Suncor, for a total consideration of $850 million.
Saipem has been awarded a new contract in Ivory Coast worth $400 million for a recently chartered seventh-generation drillship.
Oil and gas majors Shell and TotalEnergies have prequalified for an offshore wind lease sale in the Gulf of Mexico.
BW Energy is anticipating a delay in the closing of the acquisition of two assets in the Espírito Santo Basin offshore Brazil.
Oil and gas company Neptune Energy has committed to the Extractive Industries Transparency Initiative (EITI) which aims to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources. Neptune Energy said that becoming a formal supporting company builds on
UK-based small-scale LNG company Avenir LNG and Shanghai SIPG Energy Service (SSES), a subsidiary of Shanghai International Port Group (SIPG), have delivered LNG to ZIM Integrated Shipping Services’ first LNG-fueled containership. According to Avenir, the 15,000 TEU ZIM Sammy Ofer was bunkered with
FlagshipONE plant, expected to be Europe’s largest commercial production facility for carbon-neutral marine fuels, will use a technology package from German company Siemens Energy. The package comprises four proton exchange membrane (PEM) electrolysers with a total capacity of 70 megawatts (MW), as
TotalEnergies and Holcim Belgium have taken the first step towards decarbonization of Obourg cement plant in Belgium with the development of a floating solar farm that will supply clean power for the facility.
Subsea 7 has reported an order intake of over $7 billion for the full year of 2022, representing the highest order intake since 2013, with a backlog of over $9 billion, said to have resulted in high revenue visibility for 2024 and beyond. In 2022, Subsea 7 reported revenue of $5.1 billion, which is
Swedish company CorPower Ocean has completed load-out and towing trials for its C4 wave energy device, ahead of upcoming deployment offshore Portugal.
Viaro Energy, through its wholly-owned subsidiary RockRose Energy, has executed a share purchase agreement to acquire Spark Exploration UK.
Swiss-based container shipping major MSC Mediterranean Shipping Company has accepted to enter into a settlement agreement with Amplify Energy Corp. and its affiliated entities in connection with the 2021 Orange County pipeline oil spill.
Bloom Energy, a US-based green energy company, has revealed that, in the first major marine deployment, its fuel cells demonstrated a significant increase in electrical efficiency. The 150kW solid oxide fuel cell platform provided auxiliary power to the luxury cruise ship called MSC World Europa whi
Tokyo-based shipping company IINO Kaiun Kaisha has conducted a trial on one of its chemical tankers using a marine biofuel blend delivered by British oil and gas company BP in Singapore. On 18 December 2022, IINO’s chemical tanker Chemroad Echo was supplied with B24 marine biofuel, consisting of 24%
