Belgian tanker major Euronav NV confirmed the recent flurry of speculations engulfing discussions between two of its major stakeholders, Frontline and CMB NV. The rumors have stirred up volatility in Euronav’s share price, subsequently prompting the suspension of Euronav shares on Euronext Brussels.
Saipem, in consortium with NPCC, has inked a letter of award (LOA) with ADNOC for work on a recently sanctioned giant gas development.
The UK’s Crown Estate has awarded an agreement for lease for what could become one of the world’s largest carbon capture and storage (CCS) projects. The agreement for lease will allow BP, as the lead operator, to further progress the planned Endurance CCS project, a reservoir in the North Sea that w
The Port of Rotterdam has announced a port fee reduction for ships that bunker sustainable fuels in Rotterdam, supporting the Zero Emissions Maritime Buyers Alliance (ZEMBA). The Port of Rotterdam highlighted ZEMBA’s recent launch of a request for proposals for the transport of 600,000 twenty-foot c
UK energy giant BP has awarded Allseas with a contract to perform the subsea pipelay scope for the Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. The contract includes the installation of circa 75 kilometers outstanding on the two 16-inch export pipelines with fiel
Thailand-headquartered subsea services provider Mermaid Maritime has secured multiple new contracts with a combined value of approximately $485 million. Mermaid Maritime reported that its subsidiaries had secured multiple new offshore project awards in Thailand, the Middle East, Western Sub Sahara,
ADNOC has joined forces with EDGE to deploy UAE-made drones across its onshore and offshore operations to curb its emission footprint.
Norwegian authorities have given their blessing for the start-up of the ConocoPhillips-operated cross-border field in the North Sea.
Geneva-based energy trading firm Gunvor Group and Norwegian shipping company Solvang ASA have formed a joint venture to own and operate next-generation eco-vessels for the liquefied petroleum gas (LPG) market. The joint venture has placed an order for five very large gas carrier (VLGC) newbuilds wit
Chinese power cable specialist Orient Cable has held the launch ceremony for what is said to be China’s first dedicated long-range heavy subsea cable shuttle barge. The barge, named Dongfang Haigong 07 (DFHG 07), is designed to transport various types of subsea cables, including those for offshore w
ADNOC) has made a final investment decision and awarded of batch of contracts for a giant gas development, which aims to operate with net-zero carbon dioxide (CO2) emissions.
Aker BP has received consent to use one of Odfjell Drilling’s rigs for production drilling on two fields located in the North Sea off Norway.
Argeo’s subsea vessel Argeo Searcher is set to undergo an upgrade which will make it a “true” multipurpose inspection, maintenance and repair (IRM), greenfield survey vessel and mineral exploration vessel. The vessel upgrade will be carried out at Norway’s Fjellstrand this month and is fully finance
SLB has launched a compact methane instrument, enabling continuous methane monitoring across oil and gas operations.
