Vantage Drilling managed to cut its losses in the last quarter of 2020 when compared to the same period in 2019 despite lower revenues.
Air Liquide has signed a long-term Power Purchase Agreement (PPA) with Vattenfall for the Hollandse Kust Zuid offshore wind farm, the first such contract for the 1.5 GW project and also the first PPA Air Liquide signed in the Netherlands. Under a 15-year agreement, Air Liquide will purchase 100 GWh
German container shipping giant Hapag-Lloyd saw a significant earnings surge in 2020 despite negative effects of the coronavirus pandemic.
A Milan court has acquitted Shell and Eni in a corruption case related to a $1.3 billion worth acquisition of an oilfield off Nigeria about a decade ago.
MethanQuest project, led by Rolls-Royce and DVG shows that hydrogen and methane manufactured using renewable energy resources will play a major role in the future.
Scottish technology development company Ecosse IP (EIP) has announced plans to optimise its hydrokinetic system, dubbed Mass of Water Turbine (MOWT), in collaboration with Sandia National Laboratories as part of the U.S. Department of Energy’s TEAMER programme.
Brazil’s port and maritime logistics operator Wilson Sons revealed investment in an Israeli startup to measure navigational depth in ports.
Norwegian offshore vessel owner DOF Group has been awarded new contracts for three of its vessels in support of operations in the UK and Guyana.
IQAX Limited, an information technology company providing digital solutions for global shipping and trade, has been officially commissioned by the Global Shipping Business Network (GSBN) to develop, enhance and operate a blockchain platform.
Norwegian oilfield services company Aker Solutions has signed a ‘sizeable’ letter of intent with Heerema Marine Contractors (HMC) for decommissioning work on Equinor’s Heimdal and Veslefrikk fields off Norway.
Integrated Wind Solutions (IWS), a newly established offshore wind service company currently wholly owned by the Awilhelmsen Group, opened a bookbuilding period in relation to private placement of shares on 18 March, ahead of listing on Oslo Stock Exchange, expected to take place around 25 March. Th
A new partnership between Ashtead Technology and Ocean Atlantic Petroleum (OAP) has executed its first marine services project in West Africa for Total, securing additional work from the French oil major.
Houston-based Zentech has been awarded a contract by BW Energy related to a conversion of a jack-up rig to an offshore installation.
International oilfield service company Expro Group has formed an exclusive alliance with global vessel provider FTAI Ocean for the supply of the DP3 M/V Pride vessel that will deliver full light well intervention services to the subsea oil and gas sector.
