ExxonMobil and its partner, China’s CNOOC, have not secured a victory in arbitration proceedings over U.S.-based Hess Corporation’s sale of interests in assets off the coast of Guyana. This clears the key merger hurdle in Chevron’s path, enabling it to bring Hess’ upstream portfolio into its fold.
Prysmian’s Leonardo da Vinci, said to be the world’s largest cable laying vessel (CLV), has begun the second phase of cable laying in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany. Prysmian completed the
Equinor has hired CHC Helicopter, a Texas-based helicopter services provider, on a long-term assignment at two oil and gas projects in the UK sector of the North Sea.
The French Port of Rochefort-Tonnay-Charentes has deployed Canadian dynaCERT’s hydrogen-based technology, HydraGEN, for the first time on a crane in an effort to reduce greenhouse gas (GHG) emissions from port tools, machinery, and equipment.
Shell Catalysts & Technologies, a subsidiary of UK-headquartered energy giant Shell, has joined forces with France’s engineering company Technip Energies to come up with a post-combustion amine-based carbon capture solution, which will up the industrial sector’s decarbonization ante.
South Korean Taihan Cable & Solution is investing $360 million for the first phase of construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. Taihan opened t
Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shed light on its fleet activity for June.
Equinor has signed a multi-year natural gas supply agreement with BASF, a developer of a broad portfolio of component solutions for manufacturing consumer goods, which plans to use this gas for its needs in Europe.
Norwegian container tonnage provider MPC Container Ships (MPCC) has unveiled a series of strategic initiatives which include the order of four 4,500 TEU dual-fuel-ready containerships in China.
Subsea7 has secured two new contracts, one with Norwegian state-owned energy company Equinor for work in Norway and the other with UK-headquartered energy firm Shell for the provision of services in the U.S. Namely, Subsea7 announced the award of a large contract, worth between $300 million and $500
Cameron LNG, a liquefied natural gas (LNG) export project operated by several global energy majors in Hackberry, Louisiana, has exported its 1000th cargo.
Swedish wave energy developer CorPower Ocean has secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round. The investment builds on CorPower’s earlier €32 million Series B1 raise, sup
Switzerland-based offshore drilling contractor Transocean has secured a new batch of contracts and extensions in Australia, Norway, Ivory Coast, and Brazil for four floaters, encompassing two drillships and two semi-submersible rigs.
Navigator Holdings (Navigator Gas), a UK-based owner and operator of the ‘world’s largest’ fleet of Handysize liquefied gas carriers, has entered into a joint venture with Norwegian ammonia specialist and shipping company Amon Maritime.
