Vår Energi is launching a process for an IPO and listing of shares on Oslo Børs in a bid to optimise value creation, seeking future growth.
BW Offshore has decided to sell one of its FPSO vessels as part of its strategy to transition to floating energy infrastructure investments.
The U.S. energy export gateway Port of Corpus Christi says it finished 2021 with record tonnage, mainly attributable to an 81.2 per cent increase from 2020 in shipments of LNG.
DeepOcean has placed an order with Norway’s Imenco for 96 underwater cameras for its entire fleet of remotely operated vehicles (ROVs). The contract, which is Imenco’s largest single contract to date in the underwater camera market, will see DeepOcean mount all the cameras on its ROVs over the next
Dynagas LNG Partners, a partnership formed by Greek shipping company Dynagas, has declared a cash distribution of $0.5625 per unit on its Series A Preferred Units.
Greek ship owner and operator Top Ships has taken delivery of Julius Caesar, a scrubber-fitted 300,000 dwt very large crude carrier (VLCC), and reached several deals to finance its newbuilding program.
Carnarvon Energy is disappointed following results from its Buffalo-1- well drilled offshore Timor-Leste, which will now be abandoned.
Harvey Gulf has inked a deal with SailPlan to optimise its fleet with the latter’s emission optimisation platform to reduce emissions.
Oil and gas company Lundin Energy has disclosed an increase in its 2P and 3P reserves, owing to two North Sea fields.
After slow and consistent growth for two weeks in a row, the number of offshore rigs in the U.S. remained flat at 18 last week.
The COVID-19 pandemic may have transformed the way we live and work; however, the offshore energy sector seems to find its way through these challenges. A flashback to the week behind us reveals that new roadmaps to achieve net-zero goals are developed across various sectors, while new projects are
Global upstream merger and acquisition deals rebounded to pre-Covid-19 levels in 2021, reaching a total of $181 bln, Rystad Energy’s says.
Two giant oilfield services players – Baker Hughes & Schlumberger – closed the year 2021 on a positive note.
Ireland’s Electricity Supply Board (ESB) has launched its qualification system for offshore geotechnical surveys and is now inviting applications. With this procedure, ESB intends to establish a qualification system to procure the scope of services pertaining to offshore geotechnical surveys for the
