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Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

UK firm invests millions in new facility to support North Sea oil & gas industry

Aberdeen-based safety equipment manufacturer Dräger Marine & Offshore has revealed a multi-million-pound investment in a new facility.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Contractors win FEED job for UK’s power station with carbon capture

Worley, Mitsubishi Heavy Industries Group and Tecnicas Reunidas will be pooling resources for SSE Thermal and Equinor’s project in Peterhead.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Reach Subsea preparing fleet for ‘strong market development’

Reach Subsea has entered into an agreement with Volstad Maritime for the use of the subsea vessel Deep Cygnus as an ‘important step in the long-term fleet planning strategy’. The agreement was signed for a period of four years, with an option to extend for one year. According to Reach Subsea’s CEO J

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Two oil & gas firms ink merger deal to establish ‘full-cycle asset base’

Vaalco and TransGlobe have revealed a deal to combine their businesses into a single company to create a full-cycle asset base.

about 4 years ago
Brazil-bound FPSO embarks on its journey with a few stops planned along the way
Business & Finance

FPSO embarks on its journey to Brazil with a few stops planned along the way

An FPSO, destined for Petrobras’ revitalisation project off Brazil, has left the Cosco Qidong shipyard in China and started its journey.

about 4 years ago
Oil & gas trump low-carbon investment plays in H1 2022, says WoodMac
Business & Finance

Oil & gas plays trump low-carbon investments in H1 2022, says WoodMac

Instead of the anticipated ramp-up of green investments, WoodMac, points out that pure oil plays still trump low-carbon diversification.

about 4 years ago
TAQA keeping all assets in its oil & gas portfolio, bar Dutch assets
Business & Finance

TAQA keeping all assets in its oil & gas portfolio, bar Dutch ones

Due to the current energy security concerns, TAQA has decided to keep its entire oil & gas portfolio, except for its Dutch upstream assets.

about 4 years ago
TGS makes its first renewable energy venture investment
Business & Finance

TGS makes its first renewable energy venture investment

Norwegian seismic player TGS has made its first renewable energy venture investment with the acquisition of an equity stake in NASH Renewables, a start-up developing Software-as-a-Service (SaaS) solutions for the prospecting, construction and operations of wind energy projects. Led by former Siemens

about 4 years ago
OMV books MMA vessel for gig in New Zealand
Business & Finance

OMV books MMA vessel for gig in New Zealand

MMA Offshore has secured a deal for one of its platform supply vessels (PSVs) with OMV for operations in New Zealand.

about 4 years ago
Saipem’s board endorses first sustainability plan combining business with ESG factors to reach net-zero by 2050
Business & Finance

Saipem’s board endorses first sustainability plan with ‘challenging objectives’

Saipem’s first sustainability plan, combining business and financial objectives with ESG criteria, has been approved.

about 4 years ago
MDL and DOF Subsea return to Angola for SURF project
Business & Finance

MDL and DOF Subsea return to Angola for SURF project

Back-deck equipment specialist Maritime Developments MDL has supported engineering and marine services company DOF Subsea with SURF work packages in Angola. The MDL spread consisted of a second-generation reel drive system, four-track 85Te pipelay tensioner and an overboarding chute. It was mobilise

about 4 years ago
With TotalEnergies deal all done, firm enters UK Continental Shelf
Business & Finance

With TotalEnergies deal all done, firm expands presence in ‘one of the largest gas hubs in the UK’

Kistos has entered the UKCS thanks to the acquisition of TotalEnergies’ stakes in several gas fields located West of Shetland.

about 4 years ago
Beach Energy picks ‘internal successor’ for/to CFO role
Business & Finance

Beach Energy picks ‘internal successor’ for CFO role

Australia’s oil and gas company Beach Energy has appointed its Acting Chief Financial Officer (CFO) to the CFO role, effective immediately.

about 4 years ago
hydrogen
Business & Finance

Green hydrogen for up to 40 vessels — Norway invests in climate-friendly future

Striving to maintain its position as one of the leading sustainable shipping nations, Norway is investing heavily in hydrogen projects within the maritime sector.

about 4 years ago
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