Danish container shipping and logistics giant A.P. Moller – Maersk has delivered record earnings for 2021 despite persistent supply chain disruptions.
The American Petroleum Institute appeals the ruling, which invalidated the results of last year’s Gulf of Mexico oil and gas lease sale.
U.S.-based marine energy company C-Power has announced the first closing of a Series B-2 round of investor funding that will enable the company to advance its business strategy.
Worley has secured £765,000 support from Scottish Enterprise for an enhanced subsea gas tieback project which is said to reduce operational CO2 emissions in gas fields by more than 90%. The funding will be used for full pre-production testing of Worley’s pseudo dry gas (PDG) liquid removal system wh
MMA Offshore has been awarded a long-term contract for one of its platform supply vessels by Inpex for operations offshore Australia.
Mermaid Subsea Services has entered into a two-year charter-in contract for the DP2 diving support construction vessel (DSCV) Van Gogh. The vessel, already delivered to Mermaid Subsea Services, will be immediately deployed to support the company’s subsea projects. Van Gogh will undertake inspection,
The Noble Tom Prosser rig has arrived at the site and is about to drill the Santos-operated Pavo-1 well offshore Australia.
At least three people have reportedly died following an explosion of the FPSO Trinity Spirit in waters off Nigeria.
Petrobras and Yinson have signed the contracts for the chartering and provision of FPSO services for the Jubarte field offshore Brazil.
Britain’s aluminium shipbuilder, The Wight Shipyard Co., has unveiled an all-share merger with the complementary French shipbuilder OCEA to create a combined group to capitalise on the fast ferry and offshore renewable energy markets opportunities.
UK’s HydroWing has secured a berth with 30 MW potential at a Morlais tidal site in Angelsey, Wales, to demonstrate next-generation Tocardo T-2si turbines configured into the HydroWing structure. HydroWing plans a phased approach starting with a commercial demonstrator project in 2023 which will be o
BP saw its profit surge in the last quarter of 2021 as a result of higher oil and gas prices, refining margins, and stronger trading results.
Triangle Energy is searching for a potential interim chief executive officer (CEO) after the current one decided to resign from the position.
Ocean Renewable Power Company (ORPC) has partnered up with nonprofit organisation Our Katahdin to create a testing center in Maine, the U.S., to support the next-generation design and development of its RivGen river hydrokinetic power system. The testing centre for the device that generates electric
