ConocoPhillips has awarded another extension for maintenance and modification work on its North Sea fields to Aker Solutions.
Centrica has revealed that the sale of its Norwegian business and the Statfjord UK field has been completed for $1.1 billion.
Rovco has signed a charter party agreement with Glomar Offshore for the DP2 multipurpose support vessel Glomar Worker. The 60-meter long vessel will be put to work on Rovco’s subsea survey campaigns for “major” operational offshore wind farms in UK waters. Rovco will mobilize a dedicated team on the
U.S. energy company New Fortress Energy has agreed to sell 100 per cent of the equity interests of the Porto de Sergipe LNG-to-power plant to Brazilian power company Eneva.
Vaalco Energy is anticipating a boost to its reserves and production after its third well in 2022 goes online off Gabon later this month.
ZeroNorth has raised over $50 million in investment that will enable the company to look to further accelerate decarbonisation in shipping.
Hurricane Energy has decided to give up another licence in the Greater Warwick Area on the UK Continental Shelf.
Following the extensions of licences for two of the largest undeveloped discoveries off the UK, operators of these two projects are laying the groundwork for their final investment decisions.
Legasea has completed a subsea circular economy project, which saw the disassembly of ten decommissioned subsea production systems recovered from the Celtic Sea, that is said to have reduced the carbon emissions of subsea decommissioning operations. The Shore-to-Store service has reduced the carbon
The Finnish technology group Wärtsilä has opened its new technology centre to contribute to efforts to advance the global decarbonisation of maritime and energy sectors. The Sustainable Technology Hub is located in Vaasa, Finland, and it features a fuel laboratory, flexible technology and engine tes
Tullow Oil and Capricorn Energy have reached an agreement on the terms of a recommended all-share combination of Tullow and Capricorn.
Nexans has held the foundation stone laying ceremony for the expansion of its subsea cable factory in Halden, Norway. The expansion also includes a new tower that will be built to supply cables for the offshore wind market. Once finished, the new tower will be about 150 meters tall and will be the t
Saipem has decided to sell its onshore drilling business to KCA Deutag for $550 million in cash plus an equity stake in the combined entity.
Offshore drilling contractor Vantage Drilling has completed the sale of its subsidiary holding three jack-up rigs to ADES.
