Offshore drilling contractor Shelf Drilling has completed the previously announced sale of a jack-up rig to ADNOC Drilling.
Petrobras has signed a letter of intent with SBM Offshore for the chartering of the FPSO Almirante Tamandaré to be installed in the Búzios field off Brazil.
Offshore drilling contractor Transocean has secured more work for a drillship in the Gulf of Mexico and for a semi-submersible in Myanmar.
US LNG export company Cheniere has secured over 4 million tonnes of LNG supply deals during the fourth quarter of the year.
NKT, the power cables business, has delivered improved revenue in Q4 2020 and on an annual basis. The cable division generated quarterly revenue of some €269 million, against €262 million same time last year. Year-to-date revenues stood at €1.08 billion (excluding Photonics business unit), versus €9
US LNG export project developer, Tellurian has continued its patch of building an integrated natural gas business in 2020.
While the oil price collapse is still fresh in our minds, rumours are starting to emerge that by the end of next year prices could once again top $100 a barrel.
HitecVision-backed NEO Energy is acquiring a major portfolio of non-operated oil and gas assets in the Central and Northern North Sea from ExxonMobil.
Forum Energy Technologies has seen its loss widened in the fourth quarter 2020 on asset impairments and restructuring costs as well as revenue drop of some 44 per cent. The Houston-based energy sector products company recorded Q4 2020 loss of $32.7 million, or $5.85 per diluted share. This result co
The US-based investment firm KKR has decided to acquire a 38 per cent stake in South Korean marine services provider Hyundai Global Service (HGS).
Petronas has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract, offshore Indonesia.
The board of Brazilian state-run oil company Petrobras called an extraordinary shareholders’ meeting in a move which will all but ensure the replacement of the company’s CEO.
Finland-based shipbuilder Rauma Marine Constructions has shut down production after 239 workers tested positive for coronavirus. According to the City of Rauma, a total of 1,000 people have been tested. It appears that the main factor that contributed to the widespread of infections were the shared
The chief executive of U.S. oil company Occidental Petroleum has stated that the company’s low-carbon business would generate earnings equal to its oil and gas production business in the coming decades.
