French ballast water treatment systems producer BIO-UV Group has reported a 31% increase in revenues from its maritime business segment, contributing to full-year consolidated revenues of €51.5m for the 2022 financial year. The Euronext Paris listed company confirmed the sale of more than 200 BIO-SE
San Bernardino Ocean Power Corporation (SBOPC) has launched a request for proposals for the engineering, procurement, and construction (EPC) contract for its Capul Island Ocean Power Project.
Wintershall Dea has received consent to use one of Island Offshore’s vessels for light well intervention work on four fields offshore Norway.
Brazilian state-owned energy giant Petrobras has elected Jean Paul Terra Prates as the company’s new chief executive officer (CEO), following the resignation of Caio Mário Paes de Andrade announced at the end of last year. Petrobras’ board of directors unanimously appointed Terra Prates as the compa
Technip Energies, an engineering and technology company, has signed two separate Memorandums of Understanding (MoU), one with PCL Industrial Management, a group of independent construction companies, and another with Capital Engineering, a company offering multi-discipline consulting engineering and
Chevron Mediterranean Limited has awarded Corinth Pipeworks with a contract to deliver approximately 155 kilometers of steel pipes for a gas field optimization development in the Southeastern Mediterranean. Under the contract, the Greek company will manufacture and supply approximately 155 kilometer
The government of Western Australia (WA) and the Japan Bank for International Cooperation (JBIC), a policy-based financial institution wholly owned by the Japanese Government, have signed a Memorandum of Understanding (MoU) that focuses on hydrogen, ammonia, low-emission technology, and decarbonisat
OMV has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.
German liner giant Hapag-Lloyd AG has signed a binding agreement to acquire a 35% stake in Indian terminal operator J M Baxi Ports & Logistics Limited (JMBPL). The stake is being acquired from a U.S.-based Bain Capital Private Equity affiliate. The German shipping major has also signed a deal with J
Equinor has handed out a long-term deal to Semco Maritime for the provision of temporary staffing services for offshore nurses on the NCS.
PRIO has made a payment of almost $2 billion for the acquisition of Petrobras’ entire stake in a deepwater field off Brazil.
Indonesian companies Hafar and Casakha have signed a contract to develop an offshore pipeline for the LPRO-NGLJ project.
Westwood forecasts global marketed offshore rig utilisation to average 95 per cent this year with day rates getting a further boost.
Japanese companies Idemitsu Kosan, Hokkaido Electric Power (HEPCO), and Japan Petroleum Exploration (JAPEX) have come together for a joint study for implementing carbon dioxide capture, utilisation, and storage (CCUS) in the Tomakomai area of Hokkaido, Japan, leveraging each company’s business sites
