Aberdeen-based energy services company Three60 Energy has secured a seven-figure funding package to support its growth strategy.
The discussion on carbon pricing in the maritime industry is heating up, as industry stakeholders urge for a market-based measure to finally incentivize the sector’s decarbonization journey. In a nutshell, carbon pricing would impose a cost on emitting greenhouse gases (GHGs), pushing the sector to
Hibiscus Petroleum and Ithaca Energy are revisiting the concept development for a pair of North Sea discoveries.
Energean has postponed again the first production from its Karish gas field amid new Covid-19-related restrictions in Singapore.
Tailwind Energy has agreed to acquire BP’s entire working interest in the Shell-operated Shearwater field located in the UK North Sea.
Dyna-Mac has been hired by BW Offshore to build topside modules for the Barossa FPSO, which will operate for Santos offshore Australia.
Hess Corporation has increased its interest in an ExxonMobil-operated block located off Guyana on the back of recent oil discovery.
Tailwind Energy has agreed to sell its entire working interest in the Conwy field in the East Irish Sea to Eni with effect from 1 July 2021.
Talos Energy believes it is best positioned to operate the giant Zama field discovery located offshore Mexico.
Japanese shipping company MOL Co. revealed plans to buy a new Panamax type bulk carrier intended for transporting woody biomass as energy as its main cargo for domestic electric power companies. The vessel will meet the Energy Efficiency Design Index (EEDI) Phase 3 that will enter into force from 20
Mooring and subsea specialist Delmar Systems has announced the acquisition of Vryhof, consisting of Deep Sea Mooring and Vryhof Anchors.
BHP has completed a transaction with EnVen Energy to transfer its ownership interest and operatorship of the Neptune field.
A unit of international logistics company Peterson has won a contract from French oil major Total for the supply of general consumables and ad-hoc material supply.
Several new energy transition developments in the offshore energy and maritime sectors have made headlines this week, contributing to the global 2050 net-zero targets and – at least to some extent – to the ambitious path that International Energy Agency (IEA) mapped in its latest report. Climate ple
