Following an agreement to combine, Aker BP and Lundin Energy have now signed a merger plan with an aim to close the deal in mid-2022.
Solstad Offshore and Global Marine Group have signed a contract extension for the construction support vessel (CSV) Normand Clipper. The parties decided to extend their present contract for Normand Clipper with a further three years to May 2026, and additional options thereafter. Global Marine Group
UK’s investment company Tufton Oceanic Assets Limited has joined the Maersk Mc-Kinney Møller Centre for Zero Carbon Shipping and is continuing to divest containerships as part of its commitment to capital re-allocation.
MacGregor, part of Cargotec, has inked a deal to supply FPSO offloading systems for CNOOC’s redevelopment project in the South China Sea.
Neptune Energy has received a drilling permit from Norwegian authorities for a well located in the North Sea off Norway.
Energy logistics provider Peterson has made progress in advancing its aim of reaching a carbon neutral status by the end of 2022.
Offshore drilling contractor Transocean has secured more work for its fleet of drilling rigs, pushing its backlog up to $6.5 billion.
Gazprom Neft, a unit of Russian gas giant Gazprom, has completed seismic surveys at the Yuzhno-Obsky license block located in the waters of the Gulf of Ob in the Kara Sea. The goal of the seismic surveying, which included six vessels equipped to work at ultra-shallow depths of less than seven meters
Clean Oceans Initiative decided to raise its target to provide €4 billion of financing by the end of 2025, instead of the €2 billion initially expected to be reached by 2023.
Frontera Energy and CGX Energy will not be moving forward with its previous plans for exploration drilling in Demerara block off Guyana.
Offshore cable solutions provider Oceanteam has completed the demobilization of the 4,000-ton carousel from onboard the 128-meter long cable-laying vessel (CLV) Normand Clipper. According to the company, the operation was completed in less than a half-day and with the assistance of Bonn & Mees Drijv
BW Offshore has warned of impairment to the value of five FPSO units due to limited potential for future redeployment.
Norwegian floating solar specialist Ocean Sun has released financial results for the fourth quarter and full year of 2021.
South Korea’s national flagship carrier HMM has seen record profit for 2021, driven by a prolonged freight rate momentum.
