
The U.S. Department of Energy (DOE) will invest $8 million for nine projects that will complement H2@Scale efforts and support DOE’s Hydrogen Shot goal to decrease the cost of clean hydrogen.

Equinor has awarded COSL Offshore Management a contract to drill on Statfjord Øst field off Norway with the COSLPromoter rig.

Yinson is on track with an FPSO conversion project for a Petrobras project off Brazil with topside module integration currently in progress.

Clean Sea Transport has acquired 100% of the shares in Swedish shipping company Marinvest AB to promote clean fuels in the shipping sector.

UK petroleum regulator has not approved Shell’s proposed plan for an ultra-high pressure/high-temperature gas field in the UK North Sea.

Offshore drilling contractor Valaris has been awarded an extension to its bareboat charter agreement with ARO Drilling for a jack-up rig.

Well-Safe Solutions has won another decommissioning contract for its Well-Safe Guardian unit in less than a month.

Drydocks World Dubai has begun operations for converting an Aframax tanker to an FSO unit for Perenco’s project located offshore Brazil.

UAE-based Lamprell has secured funding to cover the costs for the continuation of the construction of two IMI jack-up rigs.

Oil major Shell has restarted output from the Olympus platform located in the U.S. Gulf of Mexico following Hurricane Ida.

Energy consultancy firm Xodus has acquired data interpretation consultancy Ocean Geo Solutions (OGS) as a part of its global extension plans.

Petrofac has been ordered by a UK court to pay a fine of about $105 million in sentencing related to seven historic bribery offences.

Norwegian-born Cypriot oil tanker and shipping billionaire businessman John Fredriksen is looking to gain full control over Bermuda-based liquefied petroleum gas (LPG) transportation company Avance Gas Holding.

Greensea Systems has signed a contract with Ocean Infinity to provide OPENSEA as the open architecture platform for the Armada Dynamic Payloads Control (DPC).