The number of offshore rigs in the U.S. increased to 15 units over the last week, according to weekly rig count reports by Baker Hughes.
President and chief executive officer (CEO) of offshore drilling contractor Valaris will step down from his position effective 2 September 2021.
Ocean Edge Services has entered into an agreement with Atlantic Marine Supplies to support the needs of existing and new subsea operations in Guyana. The agreement comes as part of the need for servicing offshore oil production needs in Guyana, Ocean Edge Services said. According to the company, the
Oilfield services company Wood has been awarded a first-ever government-backed green transition loan by UK Export Finance to seize new clean growth export opportunities.
Germany-based port and transport logistics company Hamburger Hafen und Logistik AG (HHLA) is among a number of industry players that can now benefit from an additional €2.3 million ($2.7 million) to test new transportation technologies for green hydrogen.
Billionaire John Fredriksen-owned offshore drilling firm Northern Drilling has cancelled a drillship resale contract with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).
Swedish marine energy company Minesto has posted a slight decrease in net loss for the first half of 2021, compared to the same period a year earlier.
UK-based oil and gas company Harbour Energy has hired Maersk Drilling’s jack-up rig Maersk Innovator to drill three subsea development wells in the North Sea.
A power and automation technology specialist ABB has been hired by Chevron and Aker Solutions to provide power from shore and subsea long step-out to Jansz-Io field offshore Australia.
UK-based oil and gas firm Jersey Oil & Gas (JOG) has decided not to progress to the next license phase on two North Sea licenses since they are not part of the Greater Buchan Area project.
U.S. offshore engineering and construction services player McDermott International has been awarded an EPC contract for the second LNG storage tank and double-wall bullet for AG&P’s Philippines LNG import and regasification terminal.
Oilfield services company Wood believes there will be continued growth in the carbon capture utilization and storage market worth $500 million in potential medium-term CCUS projects.
Dubai-based energy services company Kentech has completed the acquisition of Canada-based SNC-Lavalin’s oil and gas business.
South Korean shipbuilder Samsung Heavy Industries (SHI) has decided to sell stock and raise around KRW 1.23 trillion ($1.1 billion).
