France’s shipping giant CMA CGM has agreed to make a €25 million (US$29.5 million) investment in compatriot Brittany Ferries, including €10 million (US$11.8 million) in quasi-equity to support the company’s post-Covid recovery.
Ithaca Energy has reportedly agreed to acquire Marubeni’s oil and gas assets in the North Sea in a deal valued at $1 billion.
Dutch Pondera and SolarDuck have signed a memorandum of understanding (MoU) for the development of 555 MWp of offshore solar projects over the coming years.
BP has elected a former CEO of RWE’s renewable business to head its gas & low carbon energy business as the current head is leaving.
Brazil’s CBO closed the acquisition of compatriot rival Finarge, acquiring five AHTS vessels in the transaction.
Horisont Energi has submitted an application for a license to establish the Polaris CO2 storage facility off the coast of Finnmark, Norway. The purpose of the permit application is to establish storage for CO2 that is captured during the large-scale production of clean ammonia at the planned Barents
Schweizer Kapital Global Impact Fund is investing a further €3 million in SINN Power to support the market entry of the company’s Ocean Hybrid Platform (OHP) and the modular power electronics components ModTroniX (MTX).
JERA Americas, a US-based subsidiary of the Japanese energy giant, makes a $17.7 million investment in German hydrogen technologies company Hydrogenious LOHC.
The ABS-classed and FPSO Liza Unity has been awarded the SUSTAIN-1 notation by ABS – the first FPSO in the world to receive it.
Santos has signed an MOU with the Timor-Leste regulator Autoridade Nacional do Petróleo e Minerais to progress CCS at Bayu-Undan field in the Timor Sea.
Australia’s Woodside has completed drilling operations on its first development well on the Sangomar project located offshore Senegal.
Chevron and Enterprise will study and evaluate opportunities for CCUS from their business operations in the U.S. Midcontinent and Gulf Coast.
High Tien Offshore Engineering (High Tien Offshore) – a company led by a former CSBC president and chairman of CSBC’s joint venture with DEME – is set to invest in a large cable laying vessel (CLV) which will serve the offshore wind market in Taiwan. “Following the investment by CDWE in a large floa
The Norwegian Petroleum Directorate has granted INEOS E&P Norge a drilling permit for a wildcat well located in the Norwegian Sea.
