San Diego-based Sempra Energy has agreed to sell a 20 per cent equity stake in Sempra Infrastructure Partners to KKR for $3.37 billion.
Japan’s floating solutions provider MODEC has made changes to its executive management team following the resignation of its president and CEO.
An 8.5-metre-tall Autonomous Data Buoy, backed with futuristic fleet of ocean robots, will soon be heading out to sea as part of Smart Sound Plymouth’s plan to create a world-leading proving ground for high-tech marine innovation.
Offshore drilling rig contractor Seadrill has asked creditors to write off more than 85 per cent of its debts in exchange for a 99 per cent stake in the reorganized company.
Scottish tidal energy company Orbital Marine Power has released a video update showing its 2MW O2 tidal turbine moving to the quayside in Dundee ahead of launch planned in a few weeks.
Malaysia, through its national oil company Petronas, has formalised a unitisation agreement (UA) with the Government of Brunei Darussalam for the Gumusut-Kakap and Geronggong/Jagus East fields.
Well integrity specialist HydraWell has been awarded a multi-year contract with PSE Kinsale Energy to support a major decommissioning project in Ireland.
Dutch scrubber manufacturer VDL AEC Maritime said it has successfully installed 24 exhaust gas cleaning systems (EGCSs) onboard the fleet of the Athens-based shipowner Maran Dry Management Inc.
Malaysian oil and gas giant Petronas has declared force majeure on its Yetagun field, located offshore Myanmar, due to a significant decline in output.
The Ocean Startup Project has launched its second Ocean Startup Challenge, making available up to $1.4 million to ocean innovators across Canada and around the world.
Spanish ferry operator Baleària has selected its LNG-fueled ferry Hypatia De Alejandria to operate the route between the Spanish town of Motril and the Spanish autonomous city of Melilla in North Africa.
Marine technology provider Seatronics, an Acteon company, has appointed Subsea Specialist as its re-seller for the Caribbean region.
French LNG terminal operator Elengy has loaded the first ISO LNG container at its Fos Cavaou terminal for further transport by rail.
The Aberdeen-based subsea market intelligence specialist Archer Knight has launched its new Asia Pacific venture that will oversee all of the company’s operations in the region.
