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EnvironmentTransitionVesselsInfrastructurePorts & LogisticsBusiness Developments & ProjectsOperations & MaintenanceProject & TendersAuthorities & GovernmentCarbon Capture Usage & StorageRegulation & PolicyExploration & ProductionTechnologyOutlook & Strategy
Rendering of the LNG Bunkering Vessel
Business & Finance

Fratelli Cosulich orders LNG bunkering vessel in China

Italy’s Fratelli Cosulich Group has made its official entrance into the LNG bunkering market with the order for the construction of an LNG bunkering vessel. The announcement confirms market rumors that have emerged earlier this year hinting the company was diversifying its operations with a foray in

about 5 years ago
APM Terminals Rotterdam
Business & Finance

Hutchison Ports seals acquisition of APM Terminals Rotterdam

Hutchison Ports Netherlands B.V., a subsidiary of Hutchison Ports, has signed an agreement to acquire the Rotterdam container terminal APM Terminals Rotterdam (APMTR) from APMT. APMTR is located adjacent to Hutchison Ports’ existing ECT Delta terminal in the Maasvlakte area of Europe’s largest port.

about 5 years ago
Total
Business & Finance

Total picks Bilfinger for inspection services off Denmark

Engineering and services group Bilfinger has been hired by oil major Total for inspection services on its assets offshore Denmark.

about 5 years ago
Petrofac
Business & Finance

Petrofac hired for BP’s Greater Tortue Ahmeyim project

Petrofac has secured a contract with BP to develop operational procedures for the Greater Tortue Ahmeyim project in Mauritania and Senegal.

about 5 years ago
ExxonMobil
Business & Finance

ExxonMobil, Shell get $2.4 billion in subsidies for carbon storage project

The Dutch government has granted a consortium that includes oil majors Shell and ExxonMobil around $2.4 billion in subsidies for what will be one of the largest carbon capture and storage (CCS) projects in the world.

about 5 years ago
Deepsea Atlantic rig - Odfjell Drilling
Business & Finance

Equinor adds extra well to Odfjell rig backlog

Norwegian oil and gas giant Equinor has exercised one additional well for the Odfjell Drilling-owned Deepsea Atlantic rig.

about 5 years ago
COSLInnovator rig drilled the North Sea wells for Harbour Energy
Business & Finance

No oil for Harbour Energy after two-well North Sea campaign

Harbour Energy has drilled a dry exploration well on the Ilder prospect off Norway, ending a two-well campaign with disappointing results.

about 5 years ago
Vessels Connected
Business & Finance

Alfa Laval to take over StormGeo

Swedish-based Alfa Laval will acquire StormGeo, a Bergen-based developer of weather intelligence software and decision support services, as part of a push to accelerate its digital services offering and decarbonization tools portfolio. The purchase price amounts to approximately MNOK 3,630 ( $442 mi

about 5 years ago
Platinum Explorer drillship - Vantage Drilling
Business & Finance

Vantage finds more work for its rigs

Vantage Drilling has been awarded several new contracts, which will see its rigs operate in South East Asia, Middle East, and Africa.

about 5 years ago
Archer
Business & Finance

Archer buys Norwegian well intervention player

Archer has signed a sale and purchase agreement to acquire DeepWell based on an enterprise value of NOK 177 million.

about 5 years ago
Ever Given containership
Business & Finance

Suez Canal Authority offers to cut Ever Given bill to $600 million

The Suez Canal Authority (SCA) is offering to slash the compensation bill for Ever Given’s March grounding in the waterway from $900 million to $600 million, according to the canal’s chairman Osama Rabie. While speaking to a local television channel MBC Masr, Rabie is quoted as saying by Bloomberg,

about 5 years ago
Courtesy of ABS
Business & Finance

In focus: Recent developments in the energy transition race

With the In focus column, Offshore Energy delivers a weekly snapshot containing the most relevant energy transition items.

about 5 years ago
] HMM Nuri departed the Port of Singapore bound for the Port of Rotterdam
Business & Finance

HMM sets sights on more ultra-large boxship newbuilds

South Korean shipping heavyweight HMM is considering new orders, including those for 13,000 TEU-class containerships, the company confirmed to Offshore Energy. The comment was made in the context of market rumors that HMM was in talks with compatriot yards on a potential order for a dozen 13,000 TEU

about 5 years ago
A photo of Equinor's Hywind Scotland floating wind farm
Business & Finance

Spanish-Japanese company unveils 500 MW floating wind plan in Scotland

A Spanish-Japanese company has unveiled plans for a 500 MW floating wind farm in the North East of Scotland and is now looking for a financial partner to develop and build the project. The company, with head offices in Madrid and Tokyo, announced on 5 May that it had begun the process of searching f

about 5 years ago
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