Norway’s oil production in November 2021 fell behind the NPD’s predictions due to technical issues, while the gas output also decreased.
Aker BP plans to acquire Lundin’s oil and gas business, through a statutory merger, in a push to create a leading E&P company of the future.
Petrofac has secured a two-year contract extension for the provision of engineering services to Neptune’s platforms in the North Sea.
Enauta has signed a Letter of Intent with Yinson for the provision, operation and maintenance of an FPSO for the Atlanta field off Brazil.
Norway-based Petroleum Geo-Services (PGS) has signed a multi-year Data Management as a Service (DMaaS) agreement with a “major” customer. Under the agreement, PGS will provide a cloud-based digital DMaaS solution that allows the client to store, manage and access subsurface data that it has licensed
Oil majors Chevron and Shell have worked out a farm-out agreement for Block 5, located offshore Suriname.
Renewable energy arm of a major Chinese project developer has revealed its decision to invest more than €5.7 billion in new offshore wind farms on which construction will start as soon as this month. The projects will bring a total of 3 GW of new offshore wind capacity to the country that is leaping
Norwegian Ministry of Petroleum and Industry has approved a plan for the development and operation of Equinor’s Troll field in the North Sea.
Fugro has deployed two new autonomous environmental landers offshore Saudi Arabia to collect oceanographic data in deep and remote areas of the Red Sea. The KAUST Red Sea program is being performed in collaboration with King Abdullah University of Science and Technology (KAUST) with the aim of bette
Starting from February 2022, the Panama Canal will modify its toll structure for passenger vessels.
GMS has won two new contracts for two of its large-size class vessels and expressed hopes for higher rates and improved fleet utilisation.
Scottish tidal energy company Nova Innovation has closed a crowdfunding round on Seedrs platform, collecting over £2 million in investment commitments.
Swiss container shipping major Mediterranean Shipping Company (MSC) has submitted an offer to acquire 100% of Bolloré Africa Logistics, comprising all of the Bolloré Group’s transport and logistics activities in Africa.
APM Terminals Apapa, Nigeria’s largest container terminal, has invested $438 million to upgrade its facility with modern cargo handling equipment since it won the concession of the terminal in 2006.
