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An Aban Offshore jack-up rig
Business & Finance

Aban suspends jack-up rig as India grapples with Covid-19 surge

India’s offshore drilling contractor Aban Offshore has suspended operations on one of its jack-up drilling rigs due to the Covid-19 outbreak.

about 5 years ago
NAGA 7 rig - Velesto Energy
Business & Finance

Velesto rig working for ConocoPhillips sinks off Malaysia

A jack-up drilling rig owned by Malaysia’s Velesto Energy has sunk offshore Malaysia while working for the oil major ConocoPhillips.

about 5 years ago
Maersk Training
Business & Finance

Maersk and Shell join forces for Gulf of Mexico workforce training

The Shell Robert Training and Conference Centre in Louisiana has established a partnership with Maersk Training.

about 5 years ago
Cygnus field - Neptune Energy
Business & Finance

Neptune and Spirit to develop UK gas find as Cygnus tieback

Spirit Energy and Neptune Energy have agreed to partner on the development of the Pegasus West gas discovery in the UK Southern North Sea.

about 5 years ago
Ocean Infinity buys Portuguese software engineering firm
Business & Finance

Ocean Infinity buys Portuguese software engineering firm

Marine robotics company Ocean Infinity has acquired the Portugal-based software engineering specialists Abyssal. Abyssal’s technology ranges from a managed cloud data platform, synthetic environments, advanced 3D visualization and operation management system tools for the offshore industry. Accordin

about 5 years ago
Sangomar project FPSO - FAR Lomited
Business & Finance

New CFO elected as FAR moves to finalise Sangomar sale

Australia’s FAR Limited has announced the departure of its current and the appointment of a new chief financial officer (CFO).

about 5 years ago
Port of Newcastle
Business & Finance

Port of Newcastle becomes 1st Australian port to obtain sustainability-linked financing

Australia’s largest east coast seaport, Port of Newcastle, has secured A$515 million (approximately $399 million) in sustainability-linked loans. National Australia Bank (NAB), which has led the development of the arrangement, said the loans incentivize the port to hit targets across a range of soci

about 5 years ago
One Of Altera's FPSOs, Petrojarl I - Axess Group
Business & Finance

Axess to provide offshore support services to Altera FPSOs

Axess Group, an asset integrity management company, has signed an offshore support services contract with Altera Infrastructure.

about 5 years ago
Petronas
Business & Finance

Petronas awards P&A gig to Tanjung Offshore

T7 Global’s subsidiary, Tanjung Offshore, has received an award from Petronas Carigali for the provision of plug & abandonment services.

about 5 years ago
Vår Energi
Business & Finance

DNV, Vinde to inspect Vår Energi’s assets off Norway

Oil and gas company Vår Energi has awarded a three-year inspection services contract to a strategic partnership between Norway-based classification society DNV and Vinde Tilkomstteknikk.

about 5 years ago
Valaris
Business & Finance

Valaris emerges from Chapter 11 free of $7.1bn of debt

Valaris has completed its financial restructuring, emerging from the Chapter 11 bankruptcy and eliminating $7.1 billion of debt.

about 5 years ago
An image showing AquaVentus offshore wind turbines with electroloysers on foundation platforms
Business & Finance

Equinor, Ørsted, Boskalis join AquaVentus offshore wind-to-hydrogen project

Ten new companies have joined the AquaVentus offshore wind-to-hydrogen project, including offshore wind developers Ørsted, Equinor, and WindMW, as well as the offshore construction company Royal Boskalis Westminster. The AquaVentus consortium, which is developing a massive project revolving around g

about 5 years ago
Baker Hughes' Subsea Controls System
Business & Finance

Baker Hughes gets subsea order from Petrobras

Baker Hughes has been awarded a subsea equipment contract from Petrobras as part of the Marlim and Voador field revitalization plan.

about 5 years ago
Barossa concept - Santos
Business & Finance

Eni and Santos to collaborate on projects in Australia and Timor-Leste

Italy’s Eni and Australia’s Santos have agreed to cooperate on projects in northern Australia and Timor-Leste.

about 5 years ago
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