SapuraOMV, formed through a deal between Malaysia’s Sapura Upstream and Austria’s OMV, has agreed to sell its entire interests in producing assets located offshore Peninsular Malaysia to Jadestone Energy.
Scottish wave power specialist Mocean Energy has concluded wet commissioning of its Blue X wave energy prototype ahead of transport to the European Marine Energy Centre (EMEC).
Classification society Bureau Veritas has classed Bergen Tankers’ Bergen LNG, Norway’s first LNG bunkering ship.
Autonomous Robotics has been awarded a project, part-funded by the Oil & Gas Technology Centre (OGTC), to develop a seismic sensor for its autonomous underwater vehicle (AUV) solution.
Brazilian state-owned oil company Petrobras has decided to exercise its rights of first refusal and bid for the deepwater oil fields Sepia and Atapu.
New research from Oxford Brookes University has found that Vertical Axis Wind Turbines (VAWTs) are far more efficient in large scale (offshore) wind farms than the traditional Horizontal Axis Wind Turbines (HAWTs). Spinning around an axis vertical to the ground, VAWTs exhibit the opposite behaviour
MOL FSRU Challenger has loaded and departed Cheniere Energy’s Sabine Pass LNG export facility on April 29, making it the largest LNG vessel ever to load at the US terminal.
DEME’s deep sea mining subsidiary Global Sea Mineral Resources (GSR) has recovered the prototype deep-seabed mining robot Patania II from the floor of the Pacific Ocean after it had become uncoupled from a cable connecting it to a surface vessel.
Norwegian oil and gas company Equinor recorded a profit of $1.85 billion in the first quarter of the year due to price recovery, sustained cost improvements, and “strict capital discipline”.
On 29 April, Bermuda-based ship owning and chartering company SFL Corporation Ltd. successfully placed $150 million in senior unsecured sustainability-linked bonds due 12 May 2026.
Australian LNG player Santos has completed the sell-down of a 25 per cent interest in Bayu-Undan and Darwin LNG to SK E&S.
Orkney-based environmental and sustainable energy company Aquatera has embarked on a major restructuring of its activities to create a new Aquatera Group structure covering the 15 businesses that it operates and participates in.
Seismic exploration company Shearwater GeoServices has acquired marine seismic acquisition assets previously owned by Polarcus.
Germany’s engine manufacturer MAN Energy Solutions and Chinese state-owned energy company China National Machinery Corporation (CHMC) have commissioned a 200-megawatt LNG-ready power generation plant in Cambodia.
