Caspian Sunrise has received regulatory and shareholder approvals for the acquisition of the Caspian Explorer drilling vessel.
The Hague-based LNG giant Shell has bought a ‘minor stake’ in GLX Digital, an Australian trading software solutions developer for global commodity markets.
OKEA has signed a sales and purchase agreement with Equinor for the acquisition of Equinor’s 40 per cent operated working interest in two licences offshore Norway, which include the Aurora discovery.
Oscilla Power said it is in planning stages of a demonstration of its 1MW Triton ocean wave energy system in Southern India. Specifically, this utility-scale project is adjacent to Vizhinjam International Seaport, near Thiruvanathapuram, in the state of Kerala. This region has been identified as hav
US company Energy Transfer is in the process of evaluating bids for the engineering, procurement and construction contract on its proposed Lake Charles LNG export facility. Lake Charles LNG has received commercial bids from EPC companies in response to a commercial tender issued in December last yea
Keppel Offshore & Marine (Keppel O&M) has through its subsidiaries in Singapore and Brazil has secured two contracts worth a combined value of about S$73 million ($52.4Mn) from MODEC.
Brazilian oil and gas company Petrobras has reached a production record on its operated Búzios field located in the Santos Basin pre-salt offshore Brazil.
US company NextDecade said on Monday it would ditch one train from its proposed Rio LNG export plant in Texas as part of an optimization move that includes slashing emissions. The original design for Rio Grande LNG included six trains each capable of producing 4.5 million tonnes per year. NextDecade
Brazilian oil and gas company Petrobras has managed to halve the costs of the post-salt well construction at its Golfinho field offshore Brazil.
A newly-built berthing area in the Elbe River is powered by nineteen solar panels. The panels provide power to quick-release mooring hook units with integrated capstans. Following
Australian LNG major Woodside is bracing for a $4.37 billion impairments hit following an asset value review.
Fugro has selected underwater positioning technology from Sonardyne Inc. for its upcoming activities at offshore wind projects in the U.S. Fugro ordered three Sonardyne Mini-Ranger 2 Ultra-Short BaseLine (USBL) underwater positioning systems to support shallow-water site characterization surveys and
Finnish wave energy tech player AW-Energy Oy (AWE) drives forward opportunity and innovation with a new facility in Vantaa, Finland. The move to larger premises provides scope for AWE’s growth ambitions, and demonstrates the company’s commitment to wave energy. Christopher Ridgewell, CEO of AW-Energ
Aker BP booked a higher profit in 2Q 2020 on the back of record-high production despite lower income impacted by low oil prices and the coronavirus pandemic.
