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Can by Neodrill
Business & Finance

Neptune in frame agreement with Neodrill for CAN technology

Neodrill, known for its CAN (Conductor Anchor Node) technology, has signed a frame agreement and announced its first two projects with Neptune Energy.

about 5 years ago
Rendering of the Sangomar Field Development FPSO
Business & Finance

MODEC inks operations and maintenance deal for Sangomar FPSO

Japan’s MODEC has signed a contract with Woodside for the operations and maintenance of an FPSO vessel for the Sangomar Field Development Phase 1 project.

about 5 years ago
Illustration; Source: Noble Corp.
Business & Finance

U.S. weekly offshore rig count flat

The number of offshore rigs in the U.S. remained unchanged over the last week, according to a Friday report by Baker Hughes.

about 5 years ago
New terminal to strengthen Gothenburg as Nordic logistics capital
Business & Finance

New terminal to strengthen Gothenburg as Nordic logistics capital

The Port of Gothenburg is the largest port in the Nordic region. 30 per cent of Swedish foreign trade passes through the Port as well as half of all container traffic. The Port of Gothenburg is the only port in Sweden with the capacity to receive the world’s largest container vessels and has the bro

about 5 years ago
Hunter & Rita field layout - Premier Oil
Business & Finance

Premier files plans to decommission North Sea pipelines

UK oil and gas company Premier Oil has filed its draft decommissioning program for the Hunter & Rita subsea pipelines to the UK authorities.

about 5 years ago
Shwe platform being towed to its location in 2013; Source: Dockwise Korea Shipbuilding
Business & Finance

Korea Shipbuilding to build platform off Myanmar

Korea Shipbuilding & Offshore Engineering has scored a $450 million deal from Posco International to build a gas compression platform offshore Myanmar.

about 5 years ago
Equinor
Business & Finance

Equinor redirects Russian offshore commitments in favour of onshore presence

Equinor has completed an agreement with Rosneft that increases its onshore presence in Russia and redirected its remaining exploration commitments offshore.

about 5 years ago
Port of Los Angeles
Business & Finance

US ports seeking $3.5 billion in COVID-19 relief funding

The American Association of Port Authorities (AAPA), the collective voice of America’s seaports, together with a host of other maritime transportation entities are asking for $3.5 billion in COVID-19 relief funding to be made available for the U.S. maritime transportation sector. The organizations s

about 5 years ago
VOS Princess vessel - Vroon
Business & Finance

Vroon vessels to support Eni in Mozambique

Offshore vessel operator Vroon has been awarded charter contracts for platform supply vessels by Eni for operations offshore Mozambique.

about 5 years ago
Carbon nano-fibers
Business & Finance

Saga Pure ASA pushes forward with investments in green technologies

Saga Pure ASA, formerly known as Saga Tankers, has taken a 21.4 % stake in Bergen Carbon Solutions AS (BCS), a company that has developed a technology for converting CO2 to carbon nanofibers. The investment saw Saga Pure commit to subscribe for NOK 30 million ($3.4 million) in a gross NOK 40 million

about 5 years ago
West Epsilon rig, now Well-Safe Protector - Well-Safe Solutions
Business & Finance

Well-Safe Protector rig arrives home to prepare for decom work

Well-Safe Solutions has welcomed home its new rig the Well-Safe Protector for preparations ahead of deployment in early 2021.

about 5 years ago
Mærsk Developer rig drilled the Suriname well for Petronas
Business & Finance

Petronas cheers first discovery off Suriname

Malaysian oil and gas company Petronas has made its first hydrocarbon discovery in Suriname with the drilling of the Sloanea-1 exploration well.

about 5 years ago
Ikeda, MOL CEO
Business & Finance

MOL reshuffles top management, integrates dry bulk businesses

Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has appointed Takeshi Hashimoto as the company’s new Chairman and President. Hashimoto, currently working as Representative Director, Executive Vice President Executive Officer, will take office on April 1, 2021, taking over from Junichiro Iked

about 5 years ago
Kristin platform; Source: Equinor
Business & Finance

Aker Solutions gets $114M Kristin Sør deal from Equinor

Norwegian engineering firm Aker Solutions has signed a letter of intent with compatriot oil major Equinor for the delivery of a subsea production system to the Kristin Sør oil and gas satellite fields in the North Sea.

about 5 years ago
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