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Petronas Sepat field; Source: Petrofac Uzma
Business & Finance

Petronas picks Uzma for Sepat water injection module construction

Malaysian oil and gas services provider Uzma Berhad has received a letter of award from a subsidiary of compatriot energy giant Petronas.

about 6 years ago
LOC Johan Sverdrup field; Source: Equinor
Business & Finance

LOC scores Johan Sverdrup job with Equinor

International marine and engineering consulting firm LOC Group has been awarded a new scope of work with Norwegian oil major Equinor.

about 6 years ago
Iberdrola headquarters in Bilbao, photo showing the top of the building with the company's logo
Business & Finance

Iberdrola secures stake in eight Swedish offshore wind projects

Iberdrola has entered into an agreement with Swedish renewables company Svea Vind Offshore, which will allow the Spain-headquartered company to take a majority stake in up to eight offshore wind projects in Sweden. The eight projects are in various stages of development, with the first of them plann

about 6 years ago
TechnipFMC lands $187 million worth of new jobs with Equinor
Business & Finance

TechnipFMC lands $187 million worth of new jobs with Equinor

Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects in Norway.

about 6 years ago
Prelude FLNG
Business & Finance

Corrected: Shell doesn’t expect Prelude FLNG restart before Q3

LNG giant Shell is not expecting to restart production at its Prelude FLNG facility offshore Western Australia before July. Shell hasn’t exported any cargoes from the FLNG for almost five months following an electrical trip on February 2. “Start-up timing will depend on Covid-19 constraints and comp

about 6 years ago
Neptune's Gjøa platform
Business & Finance

Neptune Energy to axe 400 jobs over Covid-19 and lower oil prices

Neptune Energy has decided to reshape the size of its global organisation due to the combined impact of the COVID-19 pandemic and the anticipation of lower commodity prices for a longer period of time.

about 6 years ago
A photo of Hywing Scotland floating wind farm, with yellow turbine foundation close-up
Business & Finance

Total, Shell join UK’s floating wind centre of excellence

Total, Shell and eight offshore wind developers have joined Offshore Renewable Energy (ORE) Catapult’s national Floating Offshore Wind Centre of Excellence (FOWCoE) in the UK. The eight offshore wind developers include EDF Renewables, EDP Renewables, Equinor, ESB, Mainstream Renewable Power, Scottis

about 6 years ago
Heerema’s Sleipnir vessel getting busy after landing new installation job
Business & Finance

Heerema’s Sleipnir vessel getting busy after landing new installation job

Heerema Marine Contractors has been awarded a contract by HSM Offshore for the transportation and installation of Dana Petroleum’s P11-Unity platform.

about 6 years ago
Talos and Castex; Illustration; Photo by: Zoran Tarade
Business & Finance

Talos Energy buys Gulf of Mexico assets from Castex

U.S.-based oil and gas company Talos Energy has executed a definitive agreement to acquire selected U.S. Gulf of Mexico assets from an affiliate of Castex Energy.

about 6 years ago
Tekmar
Business & Finance

Tekmar names Rossiter its CTO

Tekmar Group has appointed Steven Rossiter to the role of chief technology officer (CTO). Rossiter was the founder and managing director of Agiletek Engineering. The newly created position of CTO underlines Tekmar’s commitment to its technology-driven goals. It will draw on Rossiter’s skills in clou

about 6 years ago
Pioneering Spirit moving in around the Alpha platform
Business & Finance

GALLERY: Giant Pioneering Spirit vessel removes another Brent platform for Shell

Allseas’ heavy lift vessel Pioneering Spirit has completed its first decommissioning job of this summer, the single-lift removal of Shell’s Brent Alpha platform from the North Sea.

about 6 years ago
Sakizaya Diamond
Business & Finance

Wisdom Marine looking to raise $63 million for ship acquisitions

Taiwanese shipping company Wisdom Marine has embarked upon a cash-raising mission targeting to collect $63.8 million. Under the proposal, approved by its Board of Directors, the company plans to sell 63,808 shares at $1,000 per share. The company said it intends to use the cash injection to acquire

about 6 years ago
Leiv Eiriksson rig
Business & Finance

Spirit Energy preparing for North Sea wildcat

The Norwegian Petroleum Directorate has granted Spirit Energy a drilling permit for a wildcat well in the North Sea offshore Norway.

about 6 years ago
Cyberhawk drone; Source: Cyberhawk Shell
Business & Finance

Cyberhawk inks five-year software deal with Shell. Becomes oil major’s global drone operator

A remotely operated aerial vehicle (ROAV) inspection and survey company Cyberhawk has secured a five-year, multimillion-dollar software contract with oil major Shell.

about 6 years ago
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