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Tellurian slashes debt with $38 mln prepayment
Business & Finance

Tellurian slashes debt with $38 mln prepayment

US LNG project developer Tellurian has repaid its 2019 loan in full after a $38 million voluntary prepayment.

about 5 years ago
Russia to grant subsidies for Far North-bound newbuilds
Business & Finance

Russia to grant subsidies for Far North-bound newbuilds

The Russian government has decided to provide subsidies for newbuild vessels destined for the Far North region.

about 5 years ago
Shell logo; Source: Navingo
Business & Finance

Shell looking to shed interests in blocks off Malaysia

Oil major Shell is exploring options to sell its non-operated interests in the Amended 2011 Baram Delta EOR production sharing contract (PSC) and the SK 307 PSC off Malaysia.

about 5 years ago
Tyra field where Noreco has interest
Business & Finance

Noreco names Sapura man its new COO

Norwegian Energy Company (Noreco) has appointed John Hulme as Chief Operating Officer (COO), effective Monday, 15 March 2021.

about 5 years ago
Photo of Nautical Explorer (Courtesy of Nicola Offshore)
Business & Finance

New marine survey player Nicola Offshore opens for business

Nicola Offshore, a new German-based company specialising in turnkey services for marine survey campaigns, has started operations from its headquarters in Hamburg.

about 5 years ago
Topaz Driller jack-up rig will drill an exploration well off Montenegro for Eni
Business & Finance

Eni gears up to drill Montenegro well as rig arrives

Italy’s oil and gas company Eni and Russia’s Novatek will start drilling an exploration well in waters offshore Montenegro later this month.

about 5 years ago
Shell completes QCLNG unit $2.5 bln stake sale
Business & Finance

Shell completes QCLNG unit $2.5 bln stake sale

The Hague-based oil and LNG major Shell has completed the sale of a minority stake in a QCLNG unit to Global Infrastructure Partners Australia for a consideration of $2.5 billion.

about 5 years ago
shipping
Business & Finance

Innovation Fund Denmark bankrolls consortium to commercialize sustainable fuels

A consortium of 17 partners from Denmark and other European countries have received more than DKK 30 million ($ 4.8 million) from Innovation Fund Denmark to bring the production of sustainable fuels for aircraft and ships to the stage of commercialization. The project, named Low Carbon fuels for avi

about 5 years ago
An image of Ideol's floating wind foundation
Business & Finance

BW Ideol raises € 57 million in private share placement

The private placement of new shares for BW Ideol has been completed ahead of the new company’s listing on the Oslo Stock Exchange in the coming days. A total of NOK 575 million (€ 57 million) in gross proceeds has been raised: NOK 500 million (€ 50 million) through the placement of new shares and [&

about 5 years ago
CNOOC
Business & Finance

CNOOC brings online new oilfield off China

Chinese oil and gas player CNOOC Limited has started production from the Caofeidian 6-4 oilfield located offshore China.

about 5 years ago
Stena Carron drillship is working for ExxonMobil off Guyana
Business & Finance

Guyana to see record number of wells in 2021, Rystad says

Norwegian energy intelligence firm Rystad Energy expects the exploration activity in Guyana to speed up, with a record number of wells set for 2021.

about 5 years ago
Stena Forth drillship drilled the Orinduik wells for Tullow Oil.
Business & Finance

Tullow to keep control of Orinduik licence until 2023

Tullow Oil and partners have renewed the petroleum agreement for the Orinduik block, offshore Guyana with plans to select drilling targets later this year.

about 5 years ago
RWE-ORE-Catapult-Studying-Scottish-Potential-for-Concrete-Foundation-Production
Business & Finance

RWE and ORE Catapult to study production of concrete floaters in Scotland

RWE has partnered with Offshore Renewable Energy (ORE) Catapult to study the potential for Scottish businesses to produce commercial-scale concrete foundations for floating wind projects. The study will identify key manufacturing and fabrication methodologies and constituent materials required to pr

about 5 years ago
Wheatstone platform - Julimar - Woodside
Business & Finance

Green light to Woodside for Julimar operations

NOPSEMA has accepted Woodside’s revised environment plan for the operation of a petroleum pipeline and any other petroleum-related activity on Julimar.

about 5 years ago
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