ADES International, an oil & gas drilling and production services provider in the Middle East and North Africa, has won a contract for one of its jack-up drilling rigs from an undisclosed client.
The Nordic energy company Gasum has set new environmental targets to mitigate climate change.
HSBC has issued a green trade finance facility raising $ 48 million (around € 40 million) for UAE-based Lamprell to support the company’s fabrication work for the Seagreen offshore wind farm in Scotland. The facility, for which HSBC was the sole arranger, is the first green guarantee in the Middle E
The world’s first 100,000-ton deepwater semi-submersible production and storage platform, built to ABS Class, has been launched in China.
Worley, an Australian-based global oilfield service company, has been awarded four master services agreements by Cheniere Energy for the latter’s LNG facilities in the United States.
Hess Corporation has allocated the majority of its E&P budget for 2021 to Guyana developments and the Bakken with Guyana getting 41 per cent.
Dutch company Safeway and the UK-based Tyne Gangway have signed a cooperation agreement, which will see Tyne Gangway supporting Safeway in the Port of Tyne and the UK. The UK company, specialising in design and manufacturing of marine access systems, will provide the aluminium inner and outer boom a
Marine Energy Test Area (META), Wales’ national marine test centre, has obtained the marine license for the second phase of the project from Natural Resources Wales (NRW).
Offshore drilling contractor Diamond Offshore has entered into a restructuring agreement to deleverage its balance sheet.
A pipelayer vessel has started work in Danish waters ahead of the resumption of construction of the Nord Stream 2 gas pipeline regardless of the pressure from the United States and European Union to stop it.
Waves Group, an offshore marine and engineering consultancy company, is expanding its team by adding Kenneth English, an LNG specialist and class one marine engineer.
Oil and gas company Tullow Oil is starting drilling operations at its Goliathberg-Voltzberg North prospect (GVN-1) located in Block 47 offshore Suriname.
Oil and gas firm New Age has received formal approval to apply for a new exploitation agreement for its Etinde license offshore Cameroon.
Danish company Floating Power Plant (FPP) has secured support from the EU-funded MaRINET2 project to test its hybrid floating wind and wave platform at IHCantabria facilities in Spain.
