Cairn Energy has made two deals, one for the sale of its interests in two UK fields and the other for the purchase of Shell’s assets in Egypt.
Japanese shipping major K Line is launching a new department focusing on businesses and projects for carbon neutrality including renewable energy effective on April 1st, 2021. The new unit is being set up as the demand for decarbonization in the sector continues to grow, putting a major pressure on
Samsung Heavy will have to pay $411 million to rig owner Stena Drilling after losing a dispute related to the termination of a rig construction contract.
The Brazilian government has nominated six potential board members of Petrobras, to be voted on at the upcoming extraordinary general meeting.
Stork, a Fluor company, has been awarded a two-year contract extension by Chrysaor to deliver offshore integrated specialist asset integrity services in the UK. The company said on Monday it would continue to deliver an inclusive range of asset management solutions and capabilities to extend the off
NEO Energy has made a deal to acquire Zennor Petroleum for about $625 million, less than two weeks after announcing a deal with ExxonMobil.
The mega-merger between the South Korean shipbuilding giants Hyundai Heavy Industries Group and Daewoo Shipbuilding and Marine Engineering will receive regulatory approval once there are assurances that the competition on the market would not be distorted. In practice this means that HHI Group would
The operator of midstream oil and gas infrastructure assets in the North Sea Ancala Midstream has secured a life-of-field contract to transport and process gas from Lundin Energy’s Solveig field.
Danish maritime services provider Erria and Maersk Drilling have entered into a three-year agreement related to marine warranty surveys for Maersk’s rigs.
Oslo-listed seismic player TGS has appointed Jan Schoolmeesters as head of New Energy Solutions (NES) business unit, established to pursue opportunities related to the energy transition. In February this year, TGS launched New Energy Solutions (NES). In a statement back then, the company said it aim
Japanese utility JERA has submitted a Primary Environmental Impact Consideration Document for a new offshore wind project to Japan’s Ministry of Economy, Trade, and Industry (METI). The project site is located in the waters off the city of Tsugaru and the town of Ajigasawa in Aomori Prefecture, Japa
COSCO SHIPPING Heavy Industry has appointed energy and marine engineering consultancy AqualisBraemar to perform DP and BLS system FMEA on a shuttle tanker.
Canadian oil and gas company CGX Energy has revealed details about the anticipated budget for an upcoming exploration drilling campaign offshore Guyana.
US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss by $0.3 million in the third quarter of fiscal 2021 as compared to the same period a year earlier.
