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Norwegian authorities greenlight Maersk Drilling – Noble merger
Business & Finance

Two rival players get green light for merger plans

The Norwegian Competition Authority raises no objections to the business combination proposed by Maersk Drilling and Noble Corporation.

about 4 years ago
Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic
Business & Finance

In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic

Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, l

13 minutes read
Novatek says 2021 natural gas and LNG sales went up
Business & Finance

Novatek: 2021 natural gas and LNG production and sales climbed

Russia’s natural gas producer Novatek published its 2021 preliminary operating data showing that both production and sales of natural gas, including LNG, went up compared to 2020.

about 4 years ago
TotalEnergies adds extra Suriname well to Maersk rig’s backlog
Business & Finance

TotalEnergies adds extra Suriname well to Maersk rig’s backlog

TotalEnergies has decided to exercise its option for one additional well to be drilled by the Maersk Drilling-owned Maersk Valiant rig.

about 4 years ago
TechnipFMC delisting from Euronext Paris, sells more shares in Technip Energies
Business & Finance

TechnipFMC delisting from Euronext Paris, sells more shares in Technip Energies

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

about 4 years ago
Rystad Energy forecasts offshore oil production will increase demand for shuttle tankers
Business & Finance

Driven by robust offshore oil production, demand for shuttle tankers set to rise, Rystad says

Rystad’s analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade.

about 4 years ago
Bahri
Business & Finance

Bahri signs logistics deal with Saudi mining company

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.

about 4 years ago
Carnarvon on track with Buffalo drilling ops in Timor Sea
Business & Finance

Carnarvon on track with Buffalo drilling ops in Timor Sea

Carnarvon Energy has confirmed the drilling operations at its Buffalo-10 well, located offshore Timor-Leste, are progressing as scheduled.

about 4 years ago
NOIA sees Gulf Coast’s potential for global CCUS hub
Business & Finance

NOIA sees Gulf Coast’s potential for global CCUS hub

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.

about 4 years ago
DOF Subsea lands two new jobs
Business & Finance

DOF Subsea lands two new jobs

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

about 4 years ago
VesselsValue
Business & Finance

VesselsValue acquires Norway’s shipping analyst

The UK-based online valuation and data provider, VesselsValue, has acquired Norwegian shipping research and advisory company, ViaMar.

about 4 years ago
Aker Solutions appoints new exec while high demand spurs further headcount increase
Business & Finance

Aker Solutions appoints new exec while high demand spurs further headcount increase

Aker Solutions has appointed a new senior vice president for communications as growing demand for services spurs further headcount increase.

about 4 years ago
Prysmian-to-work-on-first-Middle-East-subsea-transmission-system
Business & Finance

Prysmian to work on first Middle East subsea transmission system

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

about 4 years ago
French player and Identec get ‘remarkable results’ for pilot project involving Shell’s fleet
Business & Finance

French player and Identec get ‘remarkable results’ for pilot project involving Shell’s fleet

Opsealog and Identec have teamed up to optimise vessel operations and carried out a successful pilot project with Shell’s fleet in Nigeria.

about 4 years ago
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