Santos has become the latest oil and gas player to join two climate change initiatives, related to flaring and methene reduction.
Dutch offshore services giant Boskalis has commissioned its new cable-laying vessel (CLV) BOKA Ocean following a major conversion program. Boskalis welcomed BOKA Ocean to its fleet in August 2023 as a pipe-laying vessel, which was then converted into a broadly deployable cable layer. After completin
Norway’s asset integrity management company Axess Group and Guyana Logistics and Support Services (GLASS) have established a joint venture (JV) to launch an engineering and asset integrity management (AIM) firm in Guyana. Axess has been delivering services including design, inspection, maintenance,
Swiss renewable energy company Axpo has become a shareholder in compatriot H2Uri AG, a company building the first green hydrogen production plant in central Switzerland. The hydrogen produced at this plant will be used to power the first hydrogen passenger vessel operated by Lake Lucerne Navigation
Noble Corporation is anticipating a further boost to its contract backlog over the next two years.
MMA Offshore reported strong demand for its vessels and services in the first FY2024 half-year. With newbuild vessel orders at a historic low and limited additional vessel supply anticipated in the coming couple of years, the Australia-headquartered company said it was expecting favorable market con
The Export-Import Bank of Korea (Korea Eximbank) has signed a Memorandum of Understanding with Germany’s KfW IPEX-Bank in Frankfurt to boost high-tech innovation and fortify supply chains.
Australian energy giant Woodside has put the wheels in motion to widen the scope of its relationship with JERA.
Woodside has selected the U.S. provider of offshore drilling solutions Dril-Quip for the delivery of subsea wellhead systems for its deepwater oil project in the Perdido basin in the Gulf of Mexico. Dril-Quip is set to supply BigBore IIe subsea wellhead systems for the Trion greenfield deepwater dev
Flex LNG, the owner and operator of LNG carriers, has received a notice that the charterer of its vessel Flex Courageous will exercise the first extension option. Together with Flex Resolute, Flex Courageous was fixed on a three-year time charter on November 1, 2021, with the contract commencing in
Shell has started production from a deepwater project in the U.S. Gulf of Mexico, which is a subsea tie-back to the Appomattox production hub.
AGR has secured a contract extension with Equinor for the provision of blowout and well control studies on the NCS.
Valaris has managed to boost its contract backlog by almost 60% compared to the sum from twelve months ago, thanks to the higher day rates and fleet utilization.
Gears in the energy transition machine are constantly turning but not fast enough to meet the decarbonization targets that the UK has set, according to DNV.
