Allseas has equipped its Pioneering Spirit vessel with a second lift system capable of removing and installing complete jackets in one go.
Axess Group and rig owner Odfjell Drilling have signed an extension of a frame agreement held between the companies since 2016.
Singapore-based container shipping company Pacific International Lines (PIL) has completed its restructuring process, securing $600 million in fresh capital in order to stay afloat.
After several delays, KrisEnergy has completed a farm-out agreement for its entire working interest in Block 115/09 located offshore Vietnam.
Shareholders of Norway’s floating terminal projects company Höegh LNG have voted in favor of the merger plan with funds managed by Morgan Stanley Infrastructure Partners.
Ørsted has unveiled plans for the development of one of the world’s largest renewable hydrogen plants, powered by offshore wind, which would be linked to industrial demand in the Netherlands and Belgium. The project, named SeaH2Land and planned to be built by 2030, would comprise a renewable hydroge
Italian oilfield services provider Saipem and consulting and advisory services provider Hyperion Systems Engineering have joined forces to create a new company specialised to support clients in the energy transition.
Robots could replace hundreds of thousands of oil and gas jobs and save billions in drilling costs by 2030, according to a report by Rystad Energy.
Norwegian oil and gas company Aker BP has received two consents from the country’s offshore safety regulator, the Petroleum Safety Authority.
Ørsted has signed a Memorandum of Agreement (MOA) with NOAA to share physical and biological information and data in Ørsted-leased waters offshore the United States. Sharing of the data and information resources will be used to plan and ensure the effective deployment, sustainable operation and main
Malaysian energy services provider Sapura Energy has sealed the deal with banks for a $2.5 billion debt refinancing for the duration of seven years.
TAQA has made plans to reduce exposure to the hydrocarbons sector and for renewables to make up 30% of its portfolio by 2030 in energy transition push.
The Norwegian Petroleum Directorate has granted Vår Energi a drilling permit for four wells located in the North Sea offshore Norway.
Dutch survey contractor Fugro has reached a binding agreement with PXGEO Seismic Services to sell certain assets and the related business of its non-core subsidiary Seabed Geosolutions for $16 million in cash.
