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Tellurian kept focus on debt reduction in Q1 2021
Business & Finance

Tellurian kept focus on debt reduction in Q1 2021

US LNG export player Tellurian has made a voluntary $17 million debt repayment, shown in its first-quarter 2021 results.

about 5 years ago
Pazflor FPSO - Total
Business & Finance

Total brings online short-cycle project off Angola

French oil major Total has started production from the Zinia Phase 2 short-cycle project located in Block 17 offshore Angola.

about 5 years ago
Equinor's Hywind Scotland floating offshore wind farm
Business & Finance

Equinor and Eni-HitecVision JV join forces for Norwegian offshore wind tender

Equinor and Vårgrønn, a joint venture (JV) between Eni and HitecVision, have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway at one of the two areas the country opened last year. The partners said they would jointly prepare and submit an application to the Norwe

about 5 years ago
COSL Drilling Europe
Business & Finance

COSL Drilling made exclusive rig provider for OKEA

A four-year-long frame contract has been signed by COSL Drilling Europe with OKEA for the use of COSL’s rigs in Norway.

about 5 years ago
A Shelf Drilling rig
Business & Finance

Shelf Drilling clinches 10-year rig job

Shelf Drilling has secured a ten-year contract extension for a jack-up rig in direct continuation of its current contract in the Arabian Gulf.

about 5 years ago
Borr Norve jack-up rig is drilling off Gabon for BW Energy
Business & Finance

Disappointing result for BW in Gabon appraisal well

BW Energy has not encountered hydrocarbons in the target Gamba reservoir of its Hibiscus Extension appraisal well off Gabon.

about 5 years ago
Maersk
Business & Finance

Maersk reports record profit amid high freight rates

Danish shipping and logistics giant A.P. Moller – Maersk delivered an exceptionally strong performance in Q1 2021 with a record profit for the quarter.

about 5 years ago
BHP
Business & Finance

BHP produces first oil from Ruby project

Oil and gas company BHP has produced first oil production from the Ruby project, which is located offshore Trinidad and Tobago.

about 5 years ago
Aker Solutions reveals good figures in 2021 start
Business & Finance

Aker Solutions reveals good figures in 2021 start

Aker Solutions has reported growth in both earnings and order intake in the first quarter of 2021, with about 35 per cent of new contracts related to the energy transition. In Q1 2021, Aker Solutions saw an EBITDA of NOK 427 million (approximately EUR 42.5 million), with a margin of 6.6 per cent, an

about 5 years ago
The deal between NEO Energy and Exxon included Gannet field in the North Sea
Business & Finance

NEO Energy to halve carbon intensity per barrel by 2030

NEO Energy has revealed a set of ambitions to reduce its carbon emissions as part of the energy transition plans.

about 5 years ago
Photo of the seawall that will house EWP's wave energy floaters (Courtesy of Eco Wave Power)
Business & Finance

EWP finalising seawall works ahead of wave energy floaters installation

Swedish-Israeli wave energy developer Eco Wave Power (EWP) is nearing completion of the reinforcement works on the seawall meant to accommodate wave energy floaters in Port of Jaffa in Israel.

about 5 years ago
FutureOn digital twin software backs Aker BP's subsea activities
Business & Finance

FutureOn digital twin software backs Aker BP’s subsea activities

Aker BP has awarded FutureOn with a contract for its digital twin software with the aim of digitizing workflows within concept development and field development studies. Aker BP will use the software to visualize subsea data, map the design of digital twin fields, and foster greater digital collabor

about 5 years ago
Sercel to develop low-frequency seismic source as part of new acquisition
Business & Finance

Sercel to develop low-frequency seismic source as part of new acquisition

Sercel has entered into exclusive negotiations with Low Impact Seismic Sources (LISS) for the acquisition of the U.S. company. Sercel will continue to develop and commercialize the Tuned Pulse Source (TPS), an innovative marine seismic source, that LISS developed in collaboration with Shell. The TPS

about 5 years ago
Drillships acquired by Noble Corp. through Pacific Drilling takeover
Business & Finance

Noble Corp. shares Transocean’s optimism about market outlook

Just like its rival Transocean, Noble Corp. is optimistic about the outlook with a pipeline of tender opportunities on the horizon.

about 5 years ago
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