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Illustration; Source: Petrofac
Business & Finance

BP and Petrofac extend their North Sea relationship

BP has prolonged its collaboration with Petrofac for work at its oil and gas assets in the North Sea.

about 2 years ago
Shell's FPU Whale; Source: Seatrium
Business & Finance

Shell and Seatrium strengthen floating production systems ties

Seatrium is pooling resources with Shell to bolster collaboration opportunities in floating production systems.

about 2 years ago
MPV Pohjanmeri; Source: Arctia Meritaito
Business & Finance

Seabed survey of potential offshore wind area in North Sea goes to Finnish firm

Arctia has been tasked with carrying out a hydrographic seabed survey of a potential offshore wind farm area in the Norwegian waters.

about 2 years ago
Castoro 10 pipelaying vessel; Source: Saipem
Business & Finance

Saipem wraps up work on gas project destined to boost Europe’s LNG arsenal

Saipem has completed its subsea assignment on a natural gas project off the coast of Greece, which will bolster Southeast Europe’s LNG supply.

about 2 years ago
Fast4Ward design; Source: SBM Offshore
Business & Finance

ExxonMobil greenlights its $12.7 billion oil project offshore Guyana and firms up FPSO deal with SBM Offshore

ExxonMobil has decided to move forward with the development of its sixth deepwater oil project on the Stabroek block off the coast of Guyana.

about 2 years ago
Prince TLP; Source: MODEC
Business & Finance

Subsea7 picks up multimillion-dollar job in Gulf of Mexico

Subsea 7 has won a new assignment for a subsea tie-back of an oil and natural gas discovery to an existing platform in the Gulf of Mexico.

about 2 years ago
Arnold Schwarzenegger and Inna Braverman visiting the Wave Energy Conversion Unit in the Port of LA. Source: Eco Wave Power
Business & Finance

Shell backs wave energy project offshore US

UK-headquartered energy giant Shell has teamed up with Swedish-Israeli wave energy developer, Eco Wave Power, to collaborate on what is the first wave energy project in the U.S. for both companies.

about 2 years ago
FPSO Pyrenees Venture; Source: MODEC
Business & Finance

Woodside’s change of heart enables it to keep oil & gas assets offshore Australia

Woodside has changed its mind about selling its participating interests in oil and gas assets located off the coast of Western Australia.

about 2 years ago
Stena Forth drillship; Source: Stena Drilling
Business & Finance

Stena Drilling drillship goes to work in Morocco as Energean takes the helm at gas field

Stena Drilling has tucked a new drilling assignment under its belt, thanks to a drillship deal with Energean for drilling activities off the coast of Morocco.

about 2 years ago
MOL Group opens 10 MW green hydrogen plant in Hungary
Business & Finance

MOL Group opens 10 MW green hydrogen plant in Hungary

MOL Group has inaugurated a 10 MW green hydrogen plant in Százhalombatta, Hungary, to reduce the carbon footprint of the Danube Refinery.

about 2 years ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Business & Finance

Shelf Drilling jack-up rig’s stay in Norwegian waters prolonged

Shelf Drilling has secured a contract extension for one of its jack-up rigs with Equinor for operations at a field off the coast of Norway.

about 2 years ago
FSRU Alexandroupolis; Courtesy of Gastrade
Business & Finance

UK firm lands a hand to Saipem at European gas project

Maritime Developments Limited (MDL) has taken part in an LNG project in Europe, assisting Saipem with a FSRU project in Greece.

about 2 years ago
MMA Offshore
Business & Finance

Singapore player expanding its vessel fleet and shipping horizons with acquisition of MMA Offshore

Cyan Renewables has set the wheels into motion to acquire MMA Offshore, thanks to a binding scheme implementation deed (SID).

about 2 years ago
Illustration; Source: Galveston LNG
Business & Finance

US Gulf Coast LNG bunker terminal another step closer to construction

Permit applications for building Galveston LNG bunker port have been submitted for state and federal approval.

about 2 years ago
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