Bermuda-based Höegh LNG Partners has completed a refinancing of the commercial tranche of its PGN FSRU Lampung debt facility and the refinancing of the Neptune debt facility.
Jurong Shipyard is facing arbitration under four separate contracts due to allegations of a breach of contract and payment claims.
CNOOC Petroleum and Flotation Energy are working on a project, which would see one of the UK’s largest oil and gas assets electrified with power from a floating offshore wind farm.
Offshore drilling contractor Northern Ocean has reached an agreement with Odfjell Drilling for the management of two of its rigs.
Cooper Energy has revealed it will be getting a new CFO in the spring of next year by hiring the current CFO of Jadestone for the role.
Sevan SSP has revealed its concept was chosen for the Equinor-operated Wisting field development in the Barents Sea.
Port of Oakland clean energy efforts are getting a $5.2 million boost from the US government.
The U.S. government has awarded more than $241 million in discretionary grant funding for 25 projects to improve port facilities in 19 states and one territory through the Maritime Administration’s (MARAD) Port Infrastructure Development Program (PIDP).
An analysis of oil and gas discoveries in 2021 by Rystad has revealed that discovered volumes are on track to hit lowest level in 75 years.
The Port of Long Beach has been awarded a $52.3 million grant from the U.S. Department of Transportation’s Maritime Administration (MARAD) to help fund the development of a new rail project.
Nauticus Robotics, a Houston-based developer of cloud-based surface and subsea robots, and CleanTech Acquisition Corp. (CLAQ), a publicly-traded special purpose acquisition company (SPAC), have entered into a definitive business combination agreement that will result in Nauticus becoming a publicly
Eidesvik Offshore has secured a contract extension with the compatriot oil company, Equinor, for one of its platform supply vessels (PSVs).
The number of offshore rigs in the U.S. has lost its upward traction and came to a stop, based on Baker Hughes’ weekly rig count report.
Oil major ExxonMobil has started drilling the Glaucus-2 appraisal well located in Block 10 offshore Cyprus.
