
US alternative asset management firm EnTrust Global said it has completed fundraising for its EnTrust Global Blue Ocean Funds for investment in the global maritime industry.

The Hague-based oil and LNG major Shell has agreed to sell a minority stake in a QCLNG unit for a consideration of $2.5 billion.

Norwegian engineering firm Aker Solutions has been awarded a letter of intent from oil major Shell for the Ormen Lange Phase 3 onshore project.

The Dubai arm of oilfield equipment supplier Weir Oil & Gas has signed a five-year deal to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand.

Drilling solutions provider MHWirth has received an order to deliver a drilling equipment package for a Chinese drillship.

Standard Drilling has secured more work for its platform supply vessels. The vessel utilization for its PSVs totalled 74 per cent in October and November.

Oslo-listed engineering and marine services player DOF Subsea has been awarded multiple new contracts for execution in the North Sea, Mediterranean and Africa.

Offshore drilling contractor Vantage Drilling has been awarded a contract for one of its jack-up drilling rigs by Trident Energy.

The Greek shipping company Minerva, led by Andreas Martinos, has completed the sea trials and gas trials for the Minerva Psara LNG carrier.

Marine seismic player Polarcus has signed a memorandum of agreement with SCF GEO, a company in the Sovcomflot group, to provide 4D marine seismic acquisition services in the Far East.

Equinor has received consent from the country’s offshore safety watchdog to use the Deepsea Atlantic rig on a well in the North Sea off Norway.

German Federal Maritime and Hydrographic Agency (BSH) has granted planning permission for the 342 MW Kaskasi offshore wind farm (officially known as Kaskasi II). Kaskasi II is the first offshore wind farm in Germany to receive planning permission under the new offshore wind law (WindSeeG), following

The Port of Corpus Christi, the largest port in the United States by total revenue tonnage, has joined the multi-sector industry coalition SEA-LNG.

The European Marine Energy Centre (EMEC) has begun an independent power performance assessment for Verdant Power’s Gen5 tidal energy turbines.