Seadrill Limited’s chairman will be stepping down from the board with immediate effect, having been chairman since 2019.
There needs to be a greater sense of urgency among global governments in relation to the adoption of policies that would accelerate decarbonization in the shipping sector, the head of the world’s largest container shipping company believes. “Business is ahead of governments on this agenda,” Soren Sk
Northern Drilling has no rigs in operation but it does have two new 7th generation ultra-deepwater drillships whose fate is still uncertain.
Italian shipbuilding major Fincantieri SI and Faist Group company specialized in the development and supply of complete energy storage systems, Faist Electronics have founded Power4Future, a joint venture dedicated to the production of lithium-ion batteries.
French energy major Total has moved forward with its transformation plans into a broad energy company and changed its name.
French marine energy company HydroQuest has unveiled plans to develop a 17.5MW tidal energy farm at Raz Blanchard site, located off Normandy in France, following the takeover of the concession for the site from its former operator EDF Renewables.
The Norwegian Petroleum Directorate has granted Aker BP and Equinor drilling permits for their wells in the Barents Sea and the Norwegian Sea.
Chinese shipping company SITC International Holdings Co (SITC) has placed an order for eight 1,023 TEU container vessels worth a total of $153.6m at South Korean shipyard Dae Sun Shipbuilding & Engineering Co.
Tanker owner and operator Frontline has appointed classification society DNV to assist the company through its decarbonization journey towards IMO 2030- 2050. The project, launched last year, is aimed at providing Frontline with a solid understanding of its options, and the ways of further optimizin
TAQA has started the first major asset removal project and one of the largest topside removal projects of its kind in the North Sea.
Total shipbuilding orders in the first five months of this year have increased by 119.7% compared with the same period in 2020, BIMCO’s data shows. The massive rebound in ordering has been driven by record high containership contracting, as investors in this segment find themselves flush with cash.
BP, Baker Hughes, and Odfjell Drilling have entered into a tripartite agreement to work together to transform activity at the Clair field.
Maersk Supply Service has ordered a battery pack for one of its M-class vessels as part of its target to reduce carbon intensity of its fleet.
Maersk Drilling has made plans to sell one of its jack-up rigs to Havila, which will, in turn, lease and later sell the rig to the Yme field partners.
