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Hamriyah facility - Lamprell
Business & Finance

Lamprell wins Marjan field job from Saudi Aramco

Lamprell has been awarded an engineering, procurement, construction, and installation contract by Saudi Aramco as part of the long-term agreement programme.

about 5 years ago
Shelf Drilling Tenacious rig isbeing used to drill Masirah wells
Business & Finance

Masirah Oil spuds exploration well off Oman

Oil and gas company Masirah Oil has spudded the Zakhera 1 well, located offshore Oman, using the Shelf Drilling-owned Tenacious jack-up rig.

about 5 years ago
PTTEP
Business & Finance

PTTEP, Petronas discover gas off Malaysia

PTTEP and Petronas have made a gas discovery from Dokong-1 wildcat well in Block SK417, located in the shallow waters of Baram Province offshore Malaysia.

about 5 years ago
Enagás shortens zero-emissions target by 10 years
Business & Finance

Enagás shortens zero-emissions target by 10 years

Spanish LNG terminal operator Enagás has brought forward its decarbonisation plans.

about 5 years ago
Sembcorp Marine
Business & Finance

Sembcorp Marine books loss and expects trend to continue

Singapore’s offshore builder Sembcorp Marine expects losses to continue after reporting a higher net loss in FY2020 compared to FY2019.

about 5 years ago
Illustration; Source: Samsung Heavy Industries
Business & Finance

Samsung Heavy settles Brazil corruption investigation for $149 million

South Korean shipbuilder Samsung Heavy Industries has agreed to pay a settlement in a leniency deal with authorities of Brazil to settle a corruption investigation.

about 5 years ago
EnerMech
Business & Finance

EnerMech eyes Mozambique expansion ‘as local activity ramps up’

EnerMech has created a new role of Mozambique country manager as it seeks to expand business with a new office in the country as local activity ramps up.

about 5 years ago
Reach Subsea offshore workers
Business & Finance

Best full year result in history for Reach Subsea

Norwegian contractor Reach Subsea has seen another record quarter in 2020 as well as the best annual result in the company’s history. Despite challenging market and operating conditions, Reach maintained high utilisation levels and successful project execution. The oslo-listed company has booked fou

about 5 years ago
Maersk Tangier
Business & Finance

Maersk Tankers, Cargill to launch a joint bunker procurement service

Maersk Tankers and commodity trader Cargill have formed a partnership that will see the two companies combine their bunker volumes. The partnership will offer a new bunker procurement service to tramp shipping companies and trading houses. Initially, the goal is to procure bunker fuel for Cargill an

about 5 years ago
SMC-Secures-Work-at-Changfang-Xidao
Business & Finance

SMC secures work at Changfang & Xidao offshore wind farms

Specialist Marine Consultants (SMC) has secured a contract to deliver marine coordination services at the Changfang and Xidao offshore wind farms in Taiwan. SMC will deliver a turnkey marine coordination package for the construction of the two wind farms, including the provision of both marine coord

about 5 years ago
Rem Arctic vessel - Rem Offshore
Business & Finance

Vår Energi hires Rem Offshore vessel

Norwegian shipping company Rem Offshore has won a contract award for one of its platform supply vessels (PSVs) from Vår Energi.

about 5 years ago
Blue-Gem-Submits-Scoping-Report-for-Second-Celtic-Sea-Floater
Business & Finance

Blue Gem submits scoping report for second Celtic Sea floater

Blue Gem Wind, the joint venture of Total and Simply Blue Energy, has submitted the scoping report for the Valorous floating offshore wind project in the Celtic Sea. The proposed Valorous site is located approximately 50 km South West of the Pembrokeshire coastline. Valorous represents the second fl

about 5 years ago
Illustration for CorPower Ocean wave energy array (Courtesy of CorPower Ocean)
Business & Finance

CorPower Ocean scores €9 million for HiWave-5 commercial-scale demo

Swedish company CorPower Ocean has secured a private investment of €9 million, bringing total equity funding to support the demonstration of its first commercial-scale wave energy device in the flagship​ HiWave-5 project to over €20 million. The investment round was led by Midroc New Technology and

about 5 years ago
GasLog agrees merger with BlackRock
Business & Finance

GasLog agrees merger with BlackRock

Piraeus-based LNG shipper GasLog has signed a deal and plan of merger with BlackRock Global Energy & Power infrastructure.

about 5 years ago
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