Cabling specialist Nexans has generated third-quarter 2020 revenues of €1.4 billion, down 9.8 per cent versus prior-year comparable period. In the first nine months, Nexans sales came to €4.3 billion, also down 9.8 per cent year-on-year. Nevertheless, revenues were up close to 6 per cent quarter-on-
Brazilian oil major Petrobras has kicked off the binding phase for the sale of its ownership in shallow-water fields in the Ceará Cluster offshore Brazil.
FGEN LNG, a unit of First Gen Corporation, is looking into the potential small-scale LNG development in the First Philippine Industrial Park (FPIP).
Oil and gas company Apache Corporation has selected its fifth exploration well offshore Suriname in Block 58 and filed appraisal plans for two previous discoveries.
In the next five years, the offshore wind supply chain could create 4,500 new jobs in the North East England, with the turnover of the UK region’s supply chain companies to more than double in their offshore wind activities over the same period. This is according to the Supply Chain Mapping 2020 res
Oil major Shell has reaffirmed its commitment to drill an exploration well on the Pensacola gas prospect in the UK North Sea.
Maersk Drilling has secured a contract from Petrogas in the Dutch North Sea for the harsh environment jack-up rig Maersk Resilient but it has also received a cancellation for a UK North Sea job.
Prosafe has managed to reduce its quarterly loss despite lower revenues due to lower fleet utilisation and average day rates.
Petrobras has decided to create a climate change executive management, reinforcing the growing importance of the activities related to the low-carbon transition.
Siemens Gamesa has produced the 500th nacelle for an offshore wind turbine at its manufacturing plant in Cuxhaven, Germany. The milestone was reached with a nacelle for the Hornsea Two offshore wind farm in the UK. The offshore nacelle manufacturing plant in Cuxhaven was opened in 2017 and regular o
Impact Oil & Gas has entered into an agreement with Shell for the farm-out of a 50% working interest and operatorship in a block offshore South Africa.
Oil major BP is reportedly close to selling its global headquarters in central London for around $324,4 million under an accelerated schedule for the overhaul of the company.
Swiss container shipping giant Mediterranean Shipping Company (MSC) has dived into the secondhand market, acquiring six Post-Panamax units.
Polish Oil and Gas Company (PGNiG) has chartered two liquefied natural gas carriers from Knutsen OAS Shipping to transport U.S. LNG volumes to Poland.
