KrisEnergy started producing oil from Cambodia’s first oil field in the offshore Cambodia Block A concession on 28 December 2020.
Norwegian company Saga Pure, formerly known as Saga Tankers, has committed to subscribe for NOK 35 million ($4 million) in a private placement of new shares in Horisont Energi AS.
A consortium comprising Caisse de dépôt et placement du Québec (CDPQ) and Taiwanese private equity fund Cathay PE are acquiring a 50 per cent ownership share in Ørsted’s 605 MW Greater Changhua 1 offshore wind farm in Taiwan for approximately TWD 75 billion (around EUR 2.2 billion). Under the agreem
X1 Wind, which leads the PivotBuoy floating wind platform project in Spain, has been selected in the last round of funding in the pilot phase of the European Innovation Council (EIC) Accelerator. The company has been chosen for funding support together with 37 European start-ups and SMEs to receive
Australia-based Talon Petroleum has been awarded three new exploration licenses in the UK Central North Sea (UKCS).
The Offshore Renewable Energy (ORE) Catapult’s wave and tidal sector specialist, Simon Cheeseman, has been awarded the Society for Underwater Technology’s (SUT) Lennard-Senior prize for 2020 in recognition of his outstanding individual achievement in the field of marine renewable energy.
Offshore drilling contractor Borr Drilling has named a new chief financial officer (CFO), with effect from 28 December 2020.
BVG Associates has begun a new study to help pave the way for Scottish small and medium-sized enterprises (SMEs) in the offshore wind sector. The Scottish Offshore Wind Energy Council commissioned the research with the aim of helping SMEs win business in the global offshore wind market. The council’
The U.S. is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work.
BP is only about 460 meters shy of its primary reservoir target at the giant Ironbark prospect located offshore Australia.
Borr Drilling has come up with a liquidity improvement plan with the support of creditors as part of its efforts to strengthen its financial footing.
Denmark’s A.P. Moller Holding, a parent company of A.P.Moller Group that owns shipping major Maersk, has decided to invest in compatriot Green Hydrogen Systems, a supplier of modular electrolyzers producing green hydrogen from renewable energy.
Australian marine and subsea services provider MMA Offshore has secured two new contracts for its multi-purpose support vessel the MMA Privilege.
Maersk, the world’s largest container shipping company, tops the list of 12 liner companies based on their sustainability performance reporting and planning, the Gliese Foundation said. The company won 4.9 stars out of possible 5.0, the foundation said. As explained, the company’s 2019 sustainabilit
