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Tekmar and DeepWater Buoyancy ink floating wind MoU
Business & Finance

Tekmar and DeepWater Buoyancy ink floating wind MoU

Tekmar Group and DeepWater Buoyancy have signed a Memorandum of Understanding (MoU) to work together in the floating offshore wind sector. The partnership will offer a collective package of geotechnical assessment and engineering analysis, cable, and mooring system design, cable protection and stabi

about 5 years ago
Woodside
Business & Finance

Woodside admits merger discussions with BHP oil and gas business

Australia’s energy major Woodside has admitted that it was ‘engaged in discussions’ with compatriot BHP for the acquisition of its entire petroleum business.

about 5 years ago
BP
Business & Finance

Gambia’s A1 Block on the market following BP exit

The Gambia’s A1 offshore block is once again free for licensing only days after BP agreed to a $29.3 million settlement for failing to meet its drilling obligations in the block.

about 5 years ago
Advent Energy picks Dril-Quip subsea equipment offshore Australia
Business & Finance

Advent Energy picks subsea equipment for Seablue-1 exploration well

Dril-Quip has secured a Letter of Intent (LoI) with Advent Energy for the provision of subsea equipment for the upcoming Seablue-1 exploration well at the Baleen prospect in Australia. Dril-Quip will provide subsea wellhead equipment, materials and associated services for the well located approximat

about 5 years ago
Dana
Business & Finance

Dana Petroleum farms into Summit’s license off UK

Summit Exploration and Production has farmed out its P.2382 (Block 22/14c) UK Central North Sea license to Dana Petroleum E&P Limited.

about 5 years ago
Sempra Energy close to fully owning IEnova
Business & Finance

Sempra Energy close to fully owning IEnova

U.S LNG operator Sempra Energy has launched a tender offer to purchase for cash the 3.6 per cent of the outstanding shares of Infraestructura Energética Nova (IEnova) that it doesn’t own.

about 5 years ago
BHP
Business & Finance

Pressure growing on BHP to shed oil and gas business

Even more pressure is being put on Australia’s energy major BHP to announce a firm stance on the future of its oil and gas business when it announces its results next Tuesday.

about 5 years ago
HMM Nuri
Business & Finance

HMM posts “highest profit ever” in H1 2021

South Korean shipping major HMM reported KRW 2408.2 billion ($2 billion) operating profit, “the highest ever” in the first half of 2021.

about 5 years ago
LS Cable & System is loading submarine cables at the Port of Donghae in Donghae City (Credit: LS Cable & System)
Business & Finance

LS Cable & System to acquire largest subsea cable laying barge in Korea

LS Cable & System has revealed the plan to secure the largest submarine cable laying barge in Korea to increase participation in domestic and overseas projects.

about 5 years ago
Ocean Infinity buys marine geotechnics firm
Business & Finance

Ocean Infinity buys marine geotechnics firm

Marine robotics company Ocean Infinity has acquired the UK-based marine geotechnics firm Geowynd.

about 5 years ago
Euronav
Business & Finance

Euronav suffers $89.7M loss in “challenging” Q2

Antwerp-based tanker shipping company Euronav has reported a challenging second quarter of 2021 which ended in a $90 million deficit.

about 5 years ago
Deltic
Business & Finance

Cairn to farm into five Deltic Energy’s North Sea licenses

Oil and gas company Deltic Energy has entered into a binding, conditional farm-out agreement concerning five of its Southern North Sea gas licences with Cairn Energy.

about 5 years ago
Hidden Gem vessel for deep-sea mining
Business & Finance

TechnipFMC, Wilhelmsen, NorSea investing in deep-sea mining

TechnipFMC, Wilhelmsen and NorSea are investing in Norwegian deep-sea mining company Loke Marine Minerals (Loke) to enable the energy transition.

about 5 years ago
Hapag-Lloyd
Business & Finance

Hapag-Lloyd reveals strong performance in half-year results

Germany’s largest container liner shipping company Hapag-Lloyd enjoyed earnings growth in the first half of 2021 which was driven by strong demand and higher freight rates.

about 5 years ago
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