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Top dogs of South Korean shipbuilding industry eye carbon neutrality by 2050
Business & Finance

Top dogs of South Korean shipbuilding industry eye carbon neutrality by 2050

The top six South Korean shipbuilding majors have set sights on achieving carbon neutrality in the sector by 2050, thus joining the global decarbonization push. Namely, representatives of Samsung Heavy Industries (SHI), Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries, Hyund

about 5 years ago
Illustration (Kraken Robotics)
Business & Finance

Kraken Robotics outlines plans to acquire subsea services company

Canadian marine technology company Kraken Robotics has entered into a non-binding letter of intent (LOI) to acquire 3D acoustic imaging specialist PanGeo Subsea.

about 5 years ago
Unmanned platform Izabela South - Energean
Business & Finance

Energean: Croatia base gets all electricity from renewable sources

Energean has informed that its EDINA operative base in Pula, Croatia is supplied with electricity generated 100% from renewable sources.

about 5 years ago
Chevron
Business & Finance

Chevron shareholders to vote on climate change, emissions targets

Shareholders of U.S. oil supermajor Chevron are set to vote on proposals aiming to require the oil company to reduce the environmental impact of its products and report on climate business risks.

about 5 years ago
Image showing Seatronics' VALOR ROV (Courtesy of Seatronics)
Business & Finance

Seatronics bags $1M order for multiple VALOR systems

Acteon’s marine technology specialists Seatronics has received a purchase order from Oceanica for multiple VALOR remotely operated vehicle (ROV) systems worth over $1 million.

about 5 years ago
NorSea
Business & Finance

OMV taps NorSea for supply base services in Norway

NorSea will provide supply base services to OMV’s operations in the North Sea, the Norwegian Sea, and the Barents Sea.

about 5 years ago
Green Atlantic @ Moneypoint
Business & Finance

Ireland to get 1.4 GW floating wind farm, green hub

Irish energy company ESB and Equinor will jointly develop a 1.4 GW Moneypoint floating offshore wind farm off the West Coast of Ireland. The Moneypoint wind farm will be developed off the coast of Counties Clare and Kerry in two phases. Once complete, the wind farm will be capable of powering more t

about 5 years ago
ION Lamu Basin multi-client area (Courtesy of ION Geophysical)
Business & Finance

ION wins 3D multi-client programs offshore Kenya

ION Geophysical has secured an exclusive agreement for 3D multi-client programs offshore Kenya.

about 5 years ago
The Penglai oilfield facilities - CNOOC
Business & Finance

Three missing after fire on CNOOC offshore platform

CNOOC Limited has put out a fire on its production platform in the Bohai Bay and is now searching for three workers who went missing.

about 5 years ago
HSBC backs local content on Changfang and Xidao offshore wind project
Business & Finance

HSBC backs local content on Changfang and Xidao offshore wind project

HSBC Bank (Taiwan) has approved two green guarantees to support the Taiwanese Century Iron & Steel Industrial and Hung Hua Construction on the supply of equipment and services for the Changfang and Xidao offshore wind project. The bank guarantee issued for Century Iron & Steel Industrial and its sub

about 5 years ago
Petrojarl I FPSO is operating on the Atlanta field - Enauta
Business & Finance

Enauta taking over entire interest in Atlanta field

Enauta has received approval from the authorities to take over a 50 per cent working interest in the Atlanta field located offshore Brazil.

about 5 years ago
ChampionX
Business & Finance

ChampionX to supply non-toxic corrosion inhibitor to North Sea operator duo

Texas-based oilfield tech company ChampionX has secured two contracts to deliver ‘non-toxic’ anti-corrosion chemicals to two major North Sea operators.

about 5 years ago
Shearwater - NEO Energy
Business & Finance

How NEO Energy’s growth surge is turning it into one of top five North Sea players

UK-based and North Sea-focused E&P company NEO Energy is poised to become one of the top five players in the UK North Sea.

about 5 years ago
NAGA 4 jack-up rig - Velesto
Business & Finance

Shell books Velesto rig for seven wells

Malaysian offshore drilling contractor Velesto Drilling has been awarded a contract by Shell for the provision of jack-up rig services.

about 5 years ago
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