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Petronas inks deals for five offshore blocks to ramp up exploration activities in Malaysia
Business & Finance

Petronas inks deals for five offshore blocks to ramp up exploration in Malaysia

Petronas has signed four new Production Sharing Contracts for five offshore blocks to bolster hydrocarbon exploration activities in Malaysia.

about 4 years ago
A photo of BP logo on one of the company's stations
Business & Finance

BP entering Japanese offshore wind market

BP has entered into an agreement with Marubeni to form a strategic partnership for offshore wind and potentially other decarbonisation projects, including hydrogen, in Japan. The new partnership will see BP acquiring a stake in Marubeni’s proposed offshore wind project in the country. Under the agre

about 4 years ago
OWC expanding Asia Pacific operations with new office
Business & Finance

OWC expanding Asia Pacific operations with new office

AqualisBraemar’s (ABL) offshore wind consultancy unit OWC is opening a new office in Vietnam to expand its Asia Pacific (APAC) operations and activity.

about 4 years ago
1.5MWp Lower Seletar Reservoir floating solar system (Courtesy of PUB)
Business & Finance

Aurecon wins contracts for two large-scale floating solar farms in Singapore

Australian-based engineering consultancy Aurecon has been appointed by Singapore’s national water agency PUB to carry out preliminary engineering design and feasibility studies for two multi-megawatt floating solar projects.

about 4 years ago
Aker and Microsoft leveraging power of tech to scale up full value-chain of carbon reduction and removal
Business & Finance

Aker Carbon Capture and Microsoft to scale up CCUS value-chain with power of tech

Aker Carbon Capture and Microsoft have joined forces to combine their expertise in technology to accelerate the deployment of CCUS.

about 4 years ago
ExxonMobil’s low carbon business gets new boss as current one steps down
Business & Finance

ExxonMobil’s low-carbon business gets new boss as current one steps down

ExxonMobil’s president of Low Carbon Solutions will be stepping down at the end of April and the company has revealed his replacement.

about 4 years ago
Petrojarl Knarr FPSO
Business & Finance

Shell gearing up to remove Knarr FPSO from North Sea

Shell is preparing for the removal of an FPSO from the Knarr field, which is located in the North Sea offshore Norway.

about 4 years ago
Norwegian marine specialist wins “significant award” for Northern Lights CCS project
Business & Finance

Offshore engineering consultancy secures work on Norwegian CCS project

Global Maritime has secured a deal with Northern Lights JV, enabling it to support the project’s efforts towards a low carbon future.

about 4 years ago
Alewijnse, Ingeteam join forces for hybrid and electric propulsion systems
Business & Finance

Alewijnse, Ingeteam join forces for hybrid and electric propulsion systems

Making a step forward in the sustainability of the maritime supply chain, Dutch Alewijnse and Spanish Ingeteam have joined forces to initiate and facilitate the development and integration of hybrid and electric propulsion system.

about 4 years ago
Illustration (Courtesy of Reach Subsea)
Business & Finance

Reach Subsea wraps up iSurvey acquisition

Norwegian subsea contractor Reach Subsea has completed the acquisition of an offshore survey company iSurvey.

about 4 years ago
Aker Solutions
Business & Finance

‘Norway’s largest renovation project’ now ready for decades of energy production

Aker Solutions has completed and delivered the drilling and production platform Njord A to Equinor following extensive upgrades.

about 4 years ago
MAN ES-DNV collab to speed up maritime decarbonisation, digitalisation
Business & Finance

MAN ES-DNV collab to speed up maritime decarbonisation, digitalisation

German engine maker MAN Energy Solutions (MAN ES) and classification society DNV have signed a memorandum of understanding (MoU) to collaborate on decarbonisation, digitalisation and hydrogen in the maritime industry.

about 4 years ago
Jones Bros secured main contract for Morlais tidal energy project (Courtesy of Menter Môn)
Business & Finance

Jones Bros secures €28.5 million contract for Morlais tidal onshore works

North Wales-based company Jones Bros Civil Engineering has secured the main contract worth €28.5 million to build onshore infrastructure for the Morlais tidal energy project offshore Anglesey.

about 4 years ago
Baker Hughes to enhance its life-of-well capabilities by buying well intervention solutions provider
Business & Finance

Baker Hughes to enhance life-of-well capabilities by buying well intervention specialist

Baker Hughes has inked a deal to acquire Altus Intervention to strengthen its technological life-of-well capabilities to optimise production.

about 4 years ago
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