Danish shipping and logistics giant A.P. Moller – Maersk has upgraded its 2021 full-year guidance reporting strong performance in Q2 2021.
Abu Dhabi-based renewable energy developer Masdar and Indonesia’s state-owned power company PT PLN have reached financial close and started construction of a 145MW floating solar project in Indonesia.
UK gas company IOG plc has started drilling the Blythe development well located in the UK North Sea ahead of the first gas from the hub.
U.S. offshore engineering and construction services firm McDermott International has set up emission reduction targets, outlined in its recent sustainability report. McDermott’s aim is to reach a 50% reduction in scope 1 and 2 greenhouse gas (GHG) emissions by 2030, as well as a 35% reduction in sco
Eni has made an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water offshore Mexico.
The Council of the European Union has approved the allocation of a €100 million grant for the EuroAsia Interconnector electricity interconnector. The announcement comes as part of the Recovery and Resilience Plan for Cyprus to end the energy isolation as it is the last non-interconnected EU member s
North Oil Company, the operator of the Al-Shaheen field offshore Qatar, has awarded contracts to PTSC and to Rosetti Marino.
Following the recent rejection of a merger proposal, Australia’s energy giant Santos has improved its offer for its merger with Oil Search.
KCA Deutag has created a new business unit that will expand its offering in both the hydrocarbons and energy transition markets.
Singapore’s Jadestone Energy has completed its previously announced acquisition of the Peninsular Malaysia assets from SapuraOMV.
Subsea engineering, construction and services company Subsea 7 has entered into an agreement to acquire a majority interest in the equity of Nautilus Floating Solutions S.L. a developer of technology for the floating wind market based in Bilbao, Spain. According to Subsea 7, Nautilus has developed a
CNOOC Limited has started production from the Liuhua 21-2 oilfield, located offshore China, ahead of schedule.
The number of offshore rigs in the U.S. decreased to 14 last week, according to Baker Hughes weekly rig count reports.
This week’s focus was on making vessels greener, low-carbon strategies, green hydrogen, and building a sustainable future.
