Swire Pacific Offshore is planning to list its subsidiary Swire Blue Ocean (SBO) on the Oslo Stock Exchange. The proposal to take Swire Blue Ocean public comes after the announcement of expansion plans, the company said. The subsidiary is also undergoing full rebranding and will be renamed Cadeler.
Chevron’s market value overtook ExxonMobil for the first time on Wednesday, 7 October, during the same week in which it closed a $4.1 billion all-stock deal for Noble Energy.
Oil and gas exploration firm Neptune Energy has signed an agreement with Concedo for the acquisition of a further five per cent interest in the Dugong license in the Norwegian sector of the North Sea.
Naval Energies has secured double certification from DNV GL for its floater Design Basis, as well as for all of its major design methods. According to Naval Energies, obtaining this certification demonstrates that the calculation and design methods are applicable for its semi-submersible floater tec
Pricey rerouting of ships needed to carry out overdue crew changes, significantly hampered by the ongoing COVID-19 pandemic, continues to impact scheduling, Niels G. Stolt-Nielsen, Chief Executive Officer of Stolt-Nielsen Limited, said. Shipping companies have predominantly been left to their own de
Norwegian oil major Equinor has warned that the Johan Sverdrup field in the North Sea would have to close production until further notice if the ongoing strike on the Norwegian Continental Shelf continues until 14 October.
McDermott has made the first shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC.
Ørsted is hosting three virtual open houses to update interested parties on the progress of its Ocean Wind offshore wind project in New Jersey. Attendees will listen to subject matter experts discuss specific aspects of the company’s plans to build the 1,100 MW offshore wind farm. The open houses wi
Proserv and Synaptec have signed a strategic alliance agreement to develop an integrated cable monitoring system for offshore wind projects. Synaptec’s passive distributed electromechanical sensing (DES) technology will be incorporated within the monitoring solution. According to the companies, this
Simec Atlantis Energy has welcomed the recent UK government’s commitment to green energy and offshore wind while also reminding of the country’s world leading position in tidal energy.
Norwegian energy major Equinor has seen its costs for projects under development rise due to the Covid-19 pandemic and weakened Norwegian krone, even postponing the start-up of some projects.
Robert Hvide Macleod, Chief Executive Officer of tanker major Frontline Management AS, has decided to step down from his position. Macleod is retiring after six years leading the company through often volatile market conditions. “I would like to thank Robert for his contribution to Frontline. He has
Total has bought a 20 per cent stake in the EolMed floating wind pilot project in France, located in the Mediterranean Sea, off the coast of Gruissan and near Port-La-Nouvelle. The 30 MW EolMed will feature three MHI Vestas 10 MW turbines installed on Ideol’s Damping Pool floating foundation and is
InterMoor, an Acteon company, has secured work on three different mooring projects in the Australian region.
