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NHV
Business & Finance

NHV inks offshore contract with PSE Kinsale Energy in Ireland

Offshore helicopter provider NHV Group has won a contract with PSE Kinsale Energy in support of its decommissioning operations in the Celtic Sea.

about 5 years ago
Mariner field in the UK North Sea
Business & Finance

UK pledges not to leave oil & gas workers behind as landmark North Sea transition deal is agreed

The UK gov’t has pledged that oil & gas workers and the supply chain will not be left behind in transition to low carbon future as North Sea Transition Deal is agreed.

about 5 years ago
New Fortress lines up $1.5 bln share sale to fund Golar buy
Business & Finance

New Fortress lines up $1.5 bln share sale to fund Golar buy

New York City-based New Fortress Energy is lining up a $1.5 billion offering to fund its Golar LNG Partners acquisition.

about 5 years ago
Hyundai, KIC target $900 m worth of mergers and acquisitions
Business & Finance

Hyundai, KIC target $900 m worth of mergers and acquisitions

South Korean shipbuilding heavyweight Hyundai Heavy Industries Holdings Co. (HHIH) has signed a joint investment deal with compatriot wealth fund Korea Investment Corp. (KIC) worth KRW 1 trillion ( around $900 million). The two South Korean entities inked a preliminary agreement on the co-investment

about 5 years ago
A Borr Drilling jack-up rig
Business & Finance

Borr Drilling adding $48 million to contract backlog

Borr Drilling has entered into agreements potentially adding a total of $48 million over approximately 590 days to its contract backlog.

about 5 years ago
BW Offshore's RapidFramework FPSO design will be used for Barossa
Business & Finance

Santos awards Barossa FPSO deal to BW with $4.6bn firm value

Santos has awarded a contract for the construction, connection, and operation of an FPSO for the Barossa gas field project off Australia to BW Offshore.

about 5 years ago
A jack-up drilling rig
Business & Finance

Offshore drilling set for two consecutive years of growth, Rystad says

After a challenging 2020, oil and gas demand recovery – supported by vaccinations and OPEC+ cuts – is proving good for drilling activity, Rystad said.

about 5 years ago
UK-Plans-Phase-2-of-Offshore-Wind-Farm-Radar-Risk-Mitigation-Competition
Business & Finance

UK plans phase 2 of offshore wind farm radar risk mitigation competition

The UK’s Defence and Security Accelerator (DASA) is set to launch the second phase of its competition for technologies that mitigate radar risk of offshore wind farms. The Windfarm Mitigation for UK Air Defence competition seeks proposals that can develop technologies to permit the coexistence of fu

about 5 years ago
EIB bankrolls second French offshore wind project
Business & Finance

EIB bankrolls second French offshore wind project

The European Investment Bank (EIB) has approved a EUR 350 million loan for the construction of the 450 MW Calvados offshore wind farm in France. The EUR 2 billion project, also known as Courseulles-sur-Mer, is being developed by the Eoliennes Offshore du Calvados (EODC) consortium of EDF Renewables,

about 5 years ago
KrisEnergy
Business & Finance

KrisEnergy extends Vietnam asset farm-out once more

Singapore’s oil and gas company KrisEnergy has entered into a fourth extension of the long stop date under a farm-out agreement for Block 115/09 offshore Vietnam.

about 5 years ago
The FPSO Raroa is operating on the Maari field - Jadestone
Business & Finance

Jadestone committed to closing Maari deal with OMV despite delays

Jadestone Energy remains committed to closing the acquisition of OMV’s stake in the Maari field, located offshore New Zealand, despite several delays.

about 5 years ago
Hapag-Lloyd
Business & Finance

Hapag-Lloyd readies sustainability-linked senior note

German container shipping major Hapag-Lloyd AG revealed plans to issue a sustainability-linked corporate senior note in the amount of EUR 300 million (about $357 million).

about 5 years ago
Sapura Kencana 3500 - Sapura Energy
Business & Finance

Sapura Energy gets new boss as current CEO retires after 25 years

Sapura Energy has informed that its President and Group CEO Tan Sri Shahril Shamsuddin is retiring, after leading the group for more than 25 years.

about 5 years ago
Ever Foreevr containership
Business & Finance

Evergreen to splash up to $2.6 billion on 20 boxships

Taiwanese container shipping company Evergreen Marine has revealed plans to build twenty 15,000 TEU containerships. The announcement made yesterday confirms broker rumours from February this year. When the company was approached for a comment by our editorial staff at the time, Evergreen issued the

about 5 years ago
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