PetroRio has bought a semi-submersible drilling rig for a symbolic price of $1. The rig will be used for well interventions and completions.
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has completed the transfer of all of its outstanding shares in container terminal operator International Transportation Service (ITS) to an infrastructure fund managed by Macquarie Infrastructure and Real Assets (MIRA).
Cenovus Energy and Husky Energy have obtained all of the key regulatory approvals required in connection with the combination of the two companies.
Oil & Gas UK has appointed three major business leaders to its board as the sector sharpens its focus on meeting net-zero targets.
Maritime UK, the collective voice for the UK’s maritime industries, is forming a partnership with Carbon13, the venture builder for the climate crisis, to support entrepreneurs reaching for net zero.
WESE project has completed an environmental monitoring campaign for the WaveRoller wave energy device deployed off the coast of Portugal.
Vaalco Energy is moving forward with its acquisition of Sasol’s working interest in the Etame Marin block located offshore Gabon.
AqualisBraemar has acquired 100 per cent of the shares in LOC Group with the purchase price consideration of USD 20.2 million (around EUR 16.5 million) cash consideration plus two million conditional warrants in AqualisBraemar. As reported in November, when the acquisition was announced, LOC Group’s
China’s Mawei shipyard has cut the first steel for two DP2 B-Type vessels ordered by Dutch shipping company Spliethoff.
New Fortress Energy has boosted its liquefied natural gas (LNG) volumes with two additional long-term supply agreements.
Equinor has decided to invest NOK 3 billion ($342.8 million) in the Statfjord Øst field to improve recovery by 23 million barrels of oil equivalent.
Simec Atlantis has delivered its tidal energy generation equipment to Japan ahead of deployment in the Naru Strait.
FGEN LNG Corporation, a unit of First Gen Corporation has selected three preferred tenderers to supply the FSRU for its Interim Offshore LNG Terminal project.
ConocoPhillips has made a new oil discovery in production license 891 located 14 miles north-northeast of the Heidrun field in the Norwegian Sea.
