Independent oil and gas exploration and production company PetroNor has received the necessary approvals for the acquisition of high potential acreage offshore Guinea Bissau through the buy of SPE Guinea Bissau AB.
U.S energy company and LNG operator Sempra Energy has launched its exchange offer to acquire all the outstanding shares of Infraestructura Energética Nova (IEnova) that it doesn’t own.
Offshore wind energy projects final investment decisions (FIDs) will grow 57 per cent in the next 18 months, compared to the 2019-20 period, according to a new analysis from Westwood Global Energy Group. The global analysis, excluding mainland China, states that the FIDs growth represents an additio
Israel’s Delek Drilling has signed a non-binding memorandum of understanding (MoU) with UAE’s Mubadala Petroleum for the sale of its 22 per cent non-operated stake in the Tamar gas field offshore Israel.
Energy transition company Technip Energies has agreed to buy €20 million (approx $ 24 M) equivalent of its own shares from TechnipFMC.
TechnipFMC has received a notice to proceed with the subsea production system contract from the Australian energy giant Santos for the Barossa gas field project.
Industry heavyweight A.P. Møller – Mærsk A/S has lifted market guidance for the full year of 2021 citing an exceptional market situation in the container shipping sector. The company is now forecasting an underlying EBITDA in the range of $13-15bn from the previously guided $8.5-10.5bn and underlyin
Offshore drilling contractor Seadrill has secured a four-year firm contract with four one-year options, for the West Saturn drillship with Norwegian oil major Equinor in Brazil.
French floating wind foundation developer Eolink and Dutch robotics company Kranendonk are looking into setting up a gigafactory for automated production of floating wind foundations. Eolink said it had slightly adapted its detailed design to be fully compatible with automated welding robots which w
Spain’s Oceanic Platform of the Canary Islands (PLOCAN) and the Norwegian METCentre (Marine Energy Test Centre) have signed a collaboration agreement focused on offshore wind. Under the agreement, METCentre and PLOCAN pledge to work on offshore wind in deep waters in their respective countries, as w
Japanese shipping company Shoei Kisen Kaisha has filed an appeal before the Ismalia court in Egypt against the arrest of Ever Given and its cargo. As reported earlier, the containership was arrested on April 13, as the Suez Canal Authority (SCA) and the shipowners failed to reach a deal on the compe
UK-based and AIM-listed oil and gas company Baron Oil has completed its earn-in for an increased interest in the Chuditch discovery and prospects.
Greek shipping company Costamare Inc. has acquired York Capital’s 60% equity interest, on average, in five 11,000 TEU containerships.
Oil and gas company Melbana Energy has entered into a sale and purchase agreement (SPA) with U.S. heavyweight EOG Resources to sell its WA-488-P permit which comprises the Beehive prospect.
