Singapore-headquartered offshore marine service contractor Kim Heng has signed a memorandum of understanding (MoU) with the newly incorporated government-linked Singapore Energy Interconnections (SGEI) to cooperate on submarine power projects. As part of the non-binding MoU signed on June 9, the par
MODEC and Toyo Engineering India have set up a global capability center (GCC) in India’s Bengaluru, as a joint venture company, named TOYO MODEC OFS India (OFS India), which is envisioned to serve as a strategic hub that will create high-value job opportunities for engineering, procurement, and floa
The European Investment Bank (EIB) is supporting the construction of the first submarine electricity interconnection between Spain and France with €1.6 billion, in a push to improve the reliability of power supply among France, Spain and Portugal and with the rest of Europe. Delivered by Inelfe, a j
Malaysia’s Yinson Production has ticked all the items off the list to bolster its financial position and drive growth by finishing the work related to a $1 billion investment secured with a consortium of international investment firms.
Fujairah Terminals, a subsidiary of the UAE-based terminal operator AD Ports Group, and the Fujairah Free Zone Authority (FFZA) have signed a memorandum of understanding (MoU) to attract investment, streamline operations, and promote sustainable growth within Fujairah’s maritime ecosystem.
Fugro has appointed Niels Schallenberg as Group Director Europe & Africa, effective July 1, following Erik-Jan Bijvank’s decision to step down from the position in order to pursue opportunities outside the company. The Dutch company reported last month that Bijvank was stepping down from the positio
Odfjell Drilling, a 52-year-old offshore drilling player, has confirmed the wrap-up of a special period survey (SPS) for another semi-submersible rig that was on the agenda this year.
EnerMech, an Aberdeen-headquartered integrated solutions specialist, has secured a new decommissioning assignment for a 25-year-old oil and gas project in the Gulf of America, formerly the U.S. Gulf of Mexico.
Norwegian shipping company GC Rieber Shipping has entered into a letter of intent for the construction of a fully electric battery-powered freight carrier.
TotalEnergies has decided to enlarge its American oil and gas portfolio by acquiring interests in 40 exploration blocks that Chevron currently operates.
UK-based uncrewed surface vehicle (USV) technology player, HydroSurv, has sold a USV to Nigeria’s offshore survey services provider, Geodetic Offshore Services Limited (GOSL), for hydrographic and geophysical survey activities.
TotalEnergies has augmented its oil and gas arsenal by buying stakes in multiple blocks offshore Malaysia and one block off the coast of Indonesia, which enables it to boost its strategic partnership with Petronas, bolstering its position in Southeast Asia’s natural gas market.
UK-based and AIM-listed Sunda Energy, formerly Baron Oil, has confirmed a delay for its drilling campaign on a gas field off the coast of Timor-Leste.
U.S.-headquartered technology player SLB has unveiled a full value chain carbon storage toolbox to enhance the advancement of the industrial decarbonization journey.
