Australian oil and gas company FAR Limited said on Thursday it has received a “good level of interest” in the sale of its 15 per cent stake in the Sangomar oil and gas development offshore Senegal.
Atlantic Shores Offshore Wind and Stockton University have entered a sublease agreement for 180 square metres of commercial space, where the offshore wind developer will set up an Educational and Community Outreach Center to host informational events for the local community. The premises are located
MISC Berhad inks MOA with six subsidiaries of China-based Zhejiang Satellite Petrochemical for the purchase of six 98,000 cbm VLECs.
Transocean has received a contract termination for its semi-submersible Paul B. Loyd Jr. in the UK. Furthermore, Transocean said that the delivery of the Deepwater Atlas drillship from a Sembcorp Marine yard could be delayed.
Delfin LNG, the company behind the floating export development in the Gulf of Mexico, has won a one-year extension from the US FERC. FERC staff approved Delfin LNG’s request for extension to September 28, 2021, to complete construction of the project’s onshore facilities and put them in service. The
Qatar’s Nakilat, the world’s largest LNG shipper, reported a 15.5 percent rise in first-half profit as it reduced administrative costs and purchased stakes in four vessels. The Qatari LNG shipping giant posted a net profit of 550 million riyals ($151 million) compared to 476 million riyals in 2019.
The COVID-19 pandemic has stymied oil and gas activity, a phenomenon which has now affected the drilling market both in terms of wells drilled and in terms of related demand for drilling equipment.
Australian energy giant Woodside saw its quarterly revenues drop despite record-high output in the second quarter of 2020 affected by low oil price environment.
The UK High Court ruled on Monday, July 13, that the widow, whose husband lost his life while dismantling a supertanker in Bangladesh in 2018, can pursue a negligence claim against Maran (UK) Limited, a British company involved in the ship’s sale. The court said that Maran (UK) arguably owed a duty
The UK gas network operator SGN has launched a project that will be world-first to employ a direct supply of offshore wind power to produce green hydrogen energy for heating. The project will start with heating around 300 homes in Fife, Scotland, using clean gas produced by an electrolysis plant, po
Caspian Sunrise has received regulatory and shareholder approvals for the acquisition of the Caspian Explorer drilling vessel.
The Flensburg District Court will open insolvency proceedings concerning Flensburger Schiffbau-Gesellschaft mbH (FSG) on August 1st, the company said in an update. To remind, the German cash strapped shipbuilder filed for the opening of insolvency proceedings at the local court in Flensburg in April
OKEA has signed a sales and purchase agreement with Equinor for the acquisition of Equinor’s 40 per cent operated working interest in two licences offshore Norway, which include the Aurora discovery.
Offshore equipment business Laytrix has appointed Mateusz Majtyka as a project engineer within its Darlington based team. A recent graduate in Mechanical Engineering from Newcastle University, Mateusz previously undertook a summer placement within Laytrix developing costing analysis software for dec
