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Valaris 250 rig
Business & Finance

Valaris strikes new long-term deals with ARO Drilling

Offshore rig owner Valaris has been awarded new bareboat charter agreements with ARO Drilling for several jack-up rigs.

about 4 years ago
ports
Business & Finance

UK port investment surpasses £1B mark in 2021

UK port investment topped £1 billion (around $1.3 billion) in 2021 despite continuing pandemic volatility, new research published by the British Ports Association (BPA) shows.

about 4 years ago
DP World
Business & Finance

DP World starts $1 bln port construction in Senegal

DP World, Dubai-based port operator, and the government of Senegal have laid the first stone to mark the construction of the new Port of Ndayane, the largest single private investment in the country’s history.

about 4 years ago
TeamSeas
Business & Finance

TeamSeas ocean-trash cleanup campaign raises $30M

TeamSeas reached its $30M goal in the final hours of New Year’s Day.

about 4 years ago
Suez Canal
Business & Finance

Suez Canal hits record $6.3bln revenue despite challenges in 2021

Suez Canal Authority (SCA) has achieved the highest annual revenue in its history of $6.3 billion and the largest annual net tonnage of 1.27 billion tons during 2021, the head of the SCA informed.

about 4 years ago
NPCC
Business & Finance

UAE’s NPCC lands $2.2 billion award with Saudi Aramco

Saudi oil and gas giant Saudi Aramco has awarded a contract for an offshore project to UAE’s NPCC worth around $2.2 billion.

about 4 years ago
Brage field in the North Sea
Business & Finance

Norwegian player expands North Sea footprint after closing Aker BP and Repsol deals

Lime Petroleum has increased its North Sea footprint by completing the deals signed with Aker BP and Repsol earlier in 2021.

about 4 years ago
New Magseis Fairfield chief geophysicist comes from Shell
Business & Finance

New Magseis Fairfield chief geophysicist comes from Shell

Norway-based Magseis Fairfield has appointed former Shell manager Fons ten Kroode to the position of chief geophysicist, effective from 1 February. Ten Kroode, who is joining Magseis Fairfield after spending 30 years at Shell, will be based in the company’s headquarter at Lysaker. “I am pleased to w

about 4 years ago
Manati field
Business & Finance

Enauta keeping Brazilian gas field in its portfolio after all

Enauta will be keeping its interest in a gas field off Brazil as the conditions for the sale of its interest in the field have not been met.

about 4 years ago
Sound Energy wraps up LNG supply with Afriquia Gaz
Business & Finance

Sound Energy wraps up LNG supply with Afriquia Gaz

Energy transition company Sound Energy has completed the previously announced LNG sale and purchase agreement with Moroccan LPG distributor Afriquia Gaz.

about 4 years ago
d'Amico
Business & Finance

d’Amico inks first sustainability-linked loan

d’Amico International Shipping (DIS), a marine transportation company, has signed a contract for its first sustainability-linked loan as part of the refinancing of all debt maturing in 2022.

about 4 years ago
Yinson scores extension deal worth $9 million for ops off Vietnam
Business & Finance

Yinson reveals fresh extension for FPSO in Vietnam

Yinson, through JV PTSC AP, has secured a contract extension for an FPSO, which will continue working offshore Vietnam.

about 4 years ago
orth Field off Qatar
Business & Finance

‘Momentous milestone’ for QatarEnergy as contract for North Field expansion goes to McDermott

QatarEnergy has awarded a major EPCI contract for the offshore scope of its North Field Expansion Project to McDermott.

about 4 years ago
West Hercules rig is used to drill the Norwegian Sea well for Equinor
Business & Finance

Equinor kicks off drilling operations in Norwegian Sea

Norwegian oil and gas player Equinor has started drilling an exploration well in the Norwegian Sea, using a semi-submersible rig.

about 4 years ago
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