Wood has secured a new master services agreement and associated contracts valued at around $330 million for operations in the UK North Sea.
Prysmian Group has completed the installation and HV testing activities of its submarine and land power cables for the Viking Link interconnector connecting the UK and Denmark. Prysmian was awarded the contract worth approximately €700 million in August 2019 by the UK’s National Grid and Danish Ener
Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG has entered into a strategic partnership with oil major Aker BP to develop a fully comprehensive carbon capture and storage (CCS) offering for industrial CO2 emitters in Northern Europe. Under the agreement, the two companies plan to c
The UK is set on reviewing its Energy Charter Treaty membership, which will enable it to consider withdrawal as an outcome of the review.
Oceaneering International’s Offshore Projects Group (OPG) segment has secured two international contracts that have a combined total value of over $100 million. Oceaneering has been named a consortium partner to support transportation and installation work on the Girassol Life Extension project in A
Europe and the United States have set in place a number of funding programs designed to boost and accelerate the development of a very diverse ‘clean energy sector’, which is being backed by significant initiatives from the major players coming from the more established maritime and oil and gas indu
Chinese powerhouses Cosco Shipping Energy and Sinopec Kantons Holdings, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), have signed an order for the construction of three 175,000 cbm liquified natural gas carriers with the compatriot shipbuilder Dalian Shipbuilding Industry Co. Det
Port of Blyth is embarking on its largest oil and gas decommissioning project to date, covering several topsides and jackets from three North Sea platforms
Offshore drilling contractor Noble Corporation has secured a new contract for one of its seventh-generation drillships in the U.S. Gulf of Mexico.
Egyptian President Abdel Fattah El- Sisi signed the law of the concession for Container Terminal 2 in East Port Said Port to the Suez Canal Container Terminal (SCCT), majority owned and operated by Maersk’s terminal brand APM Terminals. The contract includes financing, design, development, managemen
Vår Energi has picked a sixth-generation semi-submersible rig from COSL Offshore Management for drilling operations in the Barents Sea.
The International Union of Marine Insurance (IUMI) has published recommendations on the safe carriage of electric vehicles (EVs) amid growing concerns within the shipping community, including marine underwriters, about fires breaking out on car carriers and roros with the assertion that many of thes
TotalEnergies has held an inauguration ceremony for a gas and condensate field, which recently came on stream in the Caspian Sea.
Dutch sustainability firm Value Group, which brings together sister companies Value Maritime and Value Carbon, revealed that Shell Ventures has joined Value Group’s investor base to accelerate and expand Value Group’s carbon capture utilisation and storage strategy. Shell Ventures, the corporate ven
