Vantage Drilling expects that the future will bring further growth in day rates and utilisation for its fleet of rigs.
The UK government has made a decision to widen the country’s gas entry specification limit, enabling more North Sea gas to enter the country’s National Transmission System (NTS).
CRP Subsea has secured a contract to deliver three solutions for a shallow water pipeline replacement project in Southeast Asia. The pipeline replacement project is taking place at existing fields in the South China Sea offshore Brunei and involves installing new pipes along the seabed and up to the
The largest European center for sea trials entirely dedicated to floating wind power and marine renewable energies called the OPEN-C Foundation has been set up in France by major industry players.
Serica Energy has closed the acquisition of Tailwind, which has diversifying its portfolio with a new production hub while lifting the firm into the top ten UK producers.
The governments of the UK and France have signed a new agreement committing to greater cooperation on energy resilience and low-carbon technologies, which could potentially support a rise in electricity interconnection by two thirds. The Statement of Cooperation on Energy was signed on 10 March by t
Karoon Energy has kicked off production from a well located on a field offshore Brazil, with first production rates surpassing expectations.
A Chinese shipyard has held a groundbreaking ceremony for two self-propelled, self-elevating offshore platforms, ordered by Huake Wuzhou.
Höegh LNG, an owner and operator of floating LNG import terminals (FSRUs) and LNG carriers, has completed the acquisition of the 2013-built LNG carrier from Cool Company (CoolCo). Under the deal signed in February 2023, Höegh LNG agreed to purchase CoolCo’s Golar Seal, an LNG carrier with 160,000 cb
Singapore-headquartered oil and gas production company Jadestone Energy has restarted production from an FPSO operating at a field in the Timor Sea offshore Australia. Following what the company describes as a “carefully planned restart program”, production recommenced from the Montara Venture FPSO
Hess Corporation has opted to implement digital wells using a well construction suite from a compatriot oilfield services giant, Halliburton.
A new consortium comprising UK-based mining company Anglo American, Tata Steel, CMB, VUKA Marine, Freeport Saldanha, and ENGIE plans to explore the options for developing a maritime green corridor for the zero-emission shipping of iron ore between South Africa and Europe. The initiative has been des
France’s TotalEnergies has decided to step up its investments in low-carbon energies to $5 billion in 2023.
US-based ammonia power solutions company Amogy Inc. today announced its $139 million Series B-1 fundraising. The round was led by SK Innovation, joined by other global investors including Temasek, Korea Zinc, Aramco Ventures, AP Ventures, MOL PLUS, Yanmar Ventures, Zeon Ventures, and DCVC. The start
