A court in the Bahamas has decided to add Bahamas Petroleum Company (BPC) as a respondent to an application brought by environmental groups.
Premier Oil has announced the proposed appointment of a new CFO of a new entity, which will be formed following the completion of a merger with Chrysaor.
Oil and gas company Lundin Energy and Odfjell Drilling have signed a letter of intent for the use of Deepsea Stavanger rig in Norway.
Tesla boss and billionaire Elon Musk has revealed his plans to donate $100 million as a prize for the “best carbon capture technology”.
Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., has raised $200 million from new senior unsecured sustainability-linked bonds in the Nordic bond market. The bonds will mature in February 2024 and bear interest at 6.5% per annum. The net proceeds from the bond issue will be used for ge
Norwegian oil and gas company Pandion Energy has launched its strategy to achieve net-zero carbon emissions, recognizing the importance of climate change.
Mammoet is opening a new office in Taichung, Taiwan, to be closer to project sites and to offer onshore services for offshore wind farms locally. In particular, Mammoet will provide engineering, heavy lifting and transportation solutions, including marshaling, ballasting, weighing, load-in and load-
Ørsted has launched a $15 million fund to support businesses in New Jersey to enter the offshore wind industry. The Pro-NJ Grantor Trust will offer New Jersey-based small, women-owned and minority-owned businesses support in re-tooling their businesses to enter the offshore wind industry. It will al
Spirit Energy has extended agreements with Subsea 7, TechnipFMC and DNV GL for future developments offshore Norway. The new 5-year deals are a continuation of supplier collaboration that started in 2015, and which has contributed to Spirit Energy delivering its first development on the Norwegian She
Brazilian oil and gas company PetroRio has approved the acquisition of the 30 per cent interest in Frade field from compatriot state-owned company Petrobras.
Norwegian oil major Equinor has hired compatriot data solutions company Nordic Unmanned to conduct a study on how remotely piloted aircraft systems (RPAS) could be used in an offshore setting.
Oilfield services major Baker Hughes has booked $653 million profit in the fourth quarter of 2020, against $48 million same time last year. This result also marks the company’s return to profit after posting third loss in a row at the end of Q3 last year. Nevertheless, Baker Huges reported adjusted
Smulders has produced its milestone 2,000th transition piece, destined for the Saint-Nazaire offshore wind project in France. Smulders says it started with the production of the 2,000th transition piece this month, which is barely six years after celebrating the 1,000th transition piece. The milesto
Germany saw 32 offshore wind turbines with a total capacity of 219 MW connected to the grid in 2020, with no new wind turbines erected in the second half of the year, according to the figures published by Deutsche WindGuard on 21 January. In total, 1,501 offshore wind turbines with a capacity of 7,7
