Following an oil discovery in the first, Santos is preparing to start drilling operations on its second well offshore Australia.
The Australian Government has allocated a $75 million funding grant for the delivery of the Marinus Link that will connect Tasmania to mainland Australia, together with the North West Transmission Developments in Tasmania, collectively known as Project Marinus. The grant will support the completion
Maersk Drilling has been awarded contracts with Shell for the provision of a drillship for drilling services offshore multiple countries.
U.S. President Joe Biden announced plans for what is said to be the largest release from the strategic petroleum reserves in American history.
Solstad Offshore has inked new long-term deals for three of its platform supply vessels (PSVs) with ConocoPhillips for operations off Norway.
SBM Offshore has revealed that its second Fast4Ward FPSO and third one for Guyana has moved to the integration phase in Singapore.
Vaarst, tech spin-off of subsea player Rovco, has raised $20 million in investments to fund its global expansion plans and drive next-generation technology adoption in marine industries. The investment is the first in the company’s Series B round and will be used for the expansion of its pioneering
Petrofac has been awarded a Floating Production, Storage and Offtake (FPSO) decommissioning deal by the Australian government.
SIMEC Atlantis Energy has secured a non-convertible loan of €2.95 million from Scottish Enterprise for the redeployment of MeyGen turbines.
After concluding the drilling of two wells, Aker BP will be working on evaluating the remaining oil potential within a North Sea field.
Norwegian survey services provider Magseis Fairfield has completed the purchase of Carbon Transition’s seismic node-on-a-rope business. The compatriot companies informed that all closing conditions to the agreement have been satisfied and the transaction has been completed. By purchasing Carbon Tran
Oil major Shell has started production on Block 22 and NCMA-4 in the North Coast Marine Area (NCMA) in Trinidad and Tobago.
Partners in the Cambo project, Shell and Siccar Point Energy, have received a licence extension for the controversial field development.
More time and deliberation are needed to reach the final merger agreement between Keppel O&M and Sembcorp Marine.
