U.S. oil major Chevron has continued with its latest wave of investments in low-carbon and renewable businesses and technologies with the latest one going to a Swedish geothermal firm.
ADNOC Logistics & Services has made a move to acquire all of the UAE-based assets of Speedy Hire, a UK provider of tools and equipment.
Malaysia’s state-owned oil company Petronas has launched the Malaysia Bid Round (MBR) 2021 with 13 exploration blocks on offer.
Baker Hughes and Akastor have announced an agreement to create a joint venture company, that will deliver an offshore drilling equipment offering.
Qatar Petroleum has contracted Samsung C&T Corporation for the expansion of the LNG storage and loading facilities in Ras Laffan, as part of the North Field East project.
Neptune Energy and its partners in the Dugong licence have started drilling on the Dugong appraisal well, located in the Norwegian sector of the North Sea.
Prosafe has signed a contract with CNOOC Petroleum for the charter of the Safe Boreas to provide gangway connected operations for the Buzzard platform.
Jadestone is preparing to re-issue an FPSO tender for a project offshore Vietnam, which was delayed last year due to challenging market conditions.
Norwegian offshore safety watchdog has given DNO Norge consent for the use of the Borgland Dolphin rig for a permanent plugging of wells offshore Norway.
Norwegian shipowner Solstad Offshore has bounced back in black as a result of successful financial restructuring. The company posted quarterly profit of NOK 11.43 billion, compared to NOK 1.19 loss same time last year. Full-year result was positive, with profit of NOK 7.23 billion, against NOK 3 bil
Apollo and Vekta Group have signed a Memorandum of Understanding (MoU) to together provide services across the offshore wind and oil & gas sectors. The combined service offering brings commercial, project management, yield modelling, power, electrical, mechanical, structural and marine experience. T
Oil and gas firm Energean has completed its acquisition of the 30 per cent minority interest in its Israeli subsidiary from Kerogen Capital.
Italian shipbuilding heavyweight Fincantieri reported a net loss of EUR 245 million ( $ 296 million) for the full year of 2020 amid the impact of the coronavirus, further deepening the loss of EUR 148 million from 2019. The shipbuilder said that 2020 was an out-of-the-ordinary year due to the impact
The transition towards zero-carbon fuels in the shipping industry needs to be accelerated, putting a greater focus on the viable solutions already on the market and skipping transitional solutions. These were the messages of A.P. Moller Maersk’s Executive Vice President Henriette Hallberg Thygesen d
