TechnipFMC is proceeding with the voluntary delisting of its shares from Euronext Paris, following the partial spin-off of Technip Energies and the progressive selldown of its remaining ownership stake. After a comprehensive review of its strategic objectives, TechnipFMC said it has refocused as a p
Rystad’s analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade.
Bahri, the national shipping carrier of Saudi Arabia, has signed a memorandum of understanding (MoU) with compatriot mining company Ma’aden to strengthen its logistics sector ties.
Carnarvon Energy has confirmed the drilling operations at its Buffalo-10 well, located offshore Timor-Leste, are progressing as scheduled.
NOIA anticipates the Gulf Coast could turn into a global CCUS hub, positioning the emerging U.S. CCUS sector as a top-tier market player.
Norway-based subsea and marine services provider DOF Subsea has secured more work for its construction support vessels (CSVs) Skandi Acergy and Skandi Constructor. A “key renewables client” awarded Skandi Acergy with an extension of an ongoing subsea construction contract in the North Sea. In direct
The UK-based online valuation and data provider, VesselsValue, has acquired Norwegian shipping research and advisory company, ViaMar.
Aker Solutions has appointed a new senior vice president for communications as growing demand for services spurs further headcount increase.
Prysmian has entered into a Limited Notice to Proceed (LNTP) for the supply of power cables for what is said to be the first-of-its-kind high-voltage, direct current (HVDC-VSC) subsea power transmission system in the Middle East. Prysmian received the €220 million LNTP from Samsung C&T as part of it
Opsealog and Identec have teamed up to optimise vessel operations and carried out a successful pilot project with Shell’s fleet in Nigeria.
Rex described the previous year as transformational, revealing that its primary goal for the future is to increase production and reserves.
Bermuda-based shipping company Teekay LNG Partners has completed merging with NYC-based investment firm Stonepeak, thus rebranding as Seapeak.
TechnipFMC has secured an integrated engineering, procurement, construction and installation (iEPCI) contract to deliver subsea equipment for Equinor’s Smørbukk Nord development. The scope covers a high-pressure, high-temperature subsea production system and associated equipment for a brownfield tie
EnerMech has appointed a new director for the Asia Pacific region and created a new role within the company in the hopes of fostering growth.
