A total of 45 ultra large containerships were ordered in March 2021, marking a major turnaround in the container shipping sector, data from BIMCO shows. Adding to this, 27 orders for ‘smaller’ sized ships were placed in the same month, bringing the total order capacity to 866,060 TEU. The ordering s
Energy giant Shell has signed a deal to sell its Norwegian unit Gasnor to Madrid-headquartered Molgas.
Offshore services provider Archer Limited has secured a long-term frame agreement with oil firm ConocoPhillips for the provision of wireline services on the Norwegian Continental Shelf.
Aberdeenshire-based subsea services start-up Legasea has expanded its team with three new appointments.
Norwegian offshore shipowner Solstad Offshore has been awarded a long-term contract for one of its platform supply vessels (PSV) by oil major Shell.
Consulting services firm ICM Group has been awarded a global preferred agreement for Vantage Drilling’s onboard regulatory and crane training requirements.
Marine engineering consultancy LOC has been awarded a two-year contract to provide marine warranty services to support Petrobel’s offshore assets.
Ithaca Energy has sanctioned the Captain Enhanced Oil Recovery Stage 2 project in the UK Central North Sea.
Swedish company Waves4Power has formed strategic partnership with Dutch engineering specialist Bnd-Engineering in a move to commercialize and deploy its WaveEL wave energy system globally.
Maersk Drilling has been awarded a contract from Tullow for the provision of the drillship Maersk Venturer for operations off Ghana.
Danish green hydrogen fuel provider Everfuel A/S has signed a Memorandum of Understanding (MOU) with an undisclosed German-Norwegian shipping company for the supply of hydrogen to a new zero-emission shipping solution. Under the cooperation deal, Everfuel will be responsible for delivery of hydrogen
Petrobras has revealed that the first production from its Mero 1, through FPSO Guanabara, has been postponed due to FPSO construction delays.
Oilfield services giant Halliburton has formed a global strategic alliance with Optime Subsea to jointly commercialize and deploy subsea interventions and controls.
Oilfield services provider Petrofac has extended $700 million of its banking facilities at its request with the unanimous support of lenders.
