After changing its name to Seapeak, Bermuda-based shipping company Teekay LNG Partners makes additional organizational updates.
After a sudden decline to 12 units, the number of offshore rigs in the U.S. came to a stop and remained unchanged last week.
The UK’s competition regulator is looking into the proposed merger between offshore drilling giants, Noble Corporation and Maersk Drilling.
Following a profit warning in late January, Saipem has revealed details about its revised strategic plan for the 2022-2025 period.
Seplat Energy has inked an agreement to acquire the entire share capital of ExxonMobil’s Mobil Producing Nigeria Unlimited.
Sumitomo Electric Industries and Seaway 7 have signed a Memorandum of Understanding (MoU) to together provide subsea cable engineering, procurement, installation, and commissioning (EPIC) services for offshore wind projects in Japan and the wider Asia-Pacific region. The collaboration is planned to
Eni has started production from Ndungu Early Production development project, in Block 15/06 of the Angolan deep offshore.
Russian state-owned shipping company Sovcomflot (SCF Group) has been hit with the newest sanctions imposed by the United States in response to Putin’s “war of choice” against Ukraine.
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for a wildcat well located offshore Norway.
Solstad Offshore has reported a revenue of NOK 5.4 billion for the financial year 2021, an 8% increase compared to NOK 5 billion in 2020. Looking ahead, the Norwegian company revealed it fears that the current situation in Ukraine could impact its operations. The Norwegian company announced a full-y
Russia’s Lukoil has acquired a 50 per cent operator interest in the Area 4 project through the acquisition of the operator’s holding company.
Subsea and offshore drilling services provider Mermaid Maritime has established an indirect wholly-owned subsidiary in Thailand focused primarily on offshore and onshore decommissioning.
TotalEnergies has made a significant oil discovery with associated gas on the Venus prospect, located offshore southern Namibia.
Subsea 7 and technology partner FLASC have secured a £471,760 grant from the UK government Department for Business, Energy and Industrial Strategy (BEIS) to further develop an innovative offshore energy storage system. The Long Duration Offshore Storage Bundle, called PowerBundle, will store energy
