Shelf Drilling has been awarded a new contract for one of its jack-up rigs by Equinor for operations on the Norwegian Continental Shelf.
The UK-based Core Power has reached its $100 million funding milestone to develop new nuclear technology for the maritime industry. The funding has been provided by the shipping industry, shipyards, shipowners, charterers, etc, according to the company’s CEO, Mikael Boe, with a large share coming fr
UK-based high-voltage direct current (HVDC) cable manufacturer and installer XLCC has appointed a new chief executive officer (CEO) from Global Marine Group to drive business growth. According to XLCC, the appointment of Ian Douglas as CEO takes the company into the next phase of its evolution, the
Canada-based oil and gas company Valeura Energy has restarted production from an oil field project in the Gulf of Thailand.
Port of Aberdeen has revealed its commitment to invest £55 million over the next 10 years to become the UK’s first net-zero port by 2040.
Havila Shipping has secured a contract extension for one of its platform supply vessels (PSVs) with TotalEnergies.
Tullow has inked an asset swap agreement with Perenco to optimise its equity ownership across – what it describes as – key fields in Gabon.
Singapore-based integrated LPG company Petredec Global has secured a $ 315 million loan from a syndicate of international banks to finance six 93,000 cbm VLGCs with dual fuel LPG propulsion. The ships are on order at Jiangnan Shipyard (Group) Co. Ltd and are expected to deliver throughout 2023 and e
Japan’s energy major JERA has signed a 20-year LNG sales and purchase agreement (SPA) with US LNG export project developer Venture Global CP2 LNG. Pursuant to the LNG SPA, JERA is expected to purchase approximately one million tonnes per year of LNG produced from the Venture Global-operated CP2 proj
Neptune Energy has brought on stream an oil and gas field in the Norwegian Sea off Norway, which has been tied back to Equinor’s platform.
ExxonMobil has made a final investment decision (FID) to proceed with the fifth oil development project in Stabroek block offshore Guyana.
U.S.-headquartered energy giant ExxonMobil has made a new oil discovery at the Stabroek block offshore Guyana.
Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has together with VÅR Ventures, invested in Kvasir Technologies, a Danish technology company developing a proprietary technology for the production of carbon-neutral biofuel from non-edible biowaste material. The company has raise
The European Parliament’s Environment and Industry Committees have voted to extend the scope of the methane emissions regulation.
