The Australian-based Carnegie Clean Energy has seen red in its latest earnings report as the company swung to a net loss when compared to same period last year.
Italian oil and gas major Eni has completed the acquisition of a 20 per cent stake in the 1.2 GW Dogger Bank A and the 1.2 GW Dogger Bank B offshore wind farms in the UK. Eni bought the stakes from Equinor (10 per cent) and SSE Renewables (10 per cent). Following this transaction, the […]
Oil and gas company Tullow Oil has agreed a new debt capacity with its banks under its reserves based lending facility of $1.7 billion.
Oslo-listed marine contractor Siem Offshore has reduced its Q4 2020 deficit despite revenue drop of 20 per cent against prior-year quarter. Quarterly operating revenues were $57 million, compared to $71 million in Q4 2019. The decrease in revenues from 4Q 2019 is mainly due to lower revenues from th
Qatar Petroleum has secured a new long-term deal for the delivery of liquefied natural gas (LNG) to Pakistan.
Production at Rauma Marine Constructions in Rauma, Finland, was resumed on February 25, after a week-long corona closure.
Norwegian vessel owner Solstad Offshore has secured new contract awards for its vessels for operations in Australia and Timor Leste.
U.S. oil major Chevron has, through one of its subsidiaries, launched a $300 million-worth Future Energy Fund II focused on technologies that would enable cleaner energy for all.
Oslo-listed DOF Subsea has seen its fourth-quarter 2020 loss widened on higher depreciation and impairment charges and lower operating revenue compared to same time last year. The company reported NOK 115 million loss in the fourth quarter of 2020, versus NOK 30 million in Q4 2019. Operating revenue
ADNOC Logistics & Services, the shipping and maritime logistics arm of ADNOC, is expanding its fleet with the acquisition of six VLCCs.
Golar LNG, owner and operator of LNG midstream infrastructure, saw its fourth-quarter profit dwindle.
Houston-based oil and gas company Vaalco Energy has closed the acquisition of Sasol’s 27.8 per cent working interest in the Etame Marin block offshore Gabon.
Borr Drilling has won a new contract and signed four letters of intent and one letter of award for its fleet of jack-up drilling rigs.
Subsea engineering specialist Oceaneering has narrowed its loss in the fourth quarter of 2020, despite revenue drop of close to 25 per cent. The Houston-based company has reported a net loss of $25 million on revenue of $424 million for the fourth quarter 2020. Adjusted profit was $1.8 million, refl
