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Welsh renewables review puts spotlight on marine energy
Business & Finance

Welsh renewables review puts spotlight on marine energy

The outcome of the Welsh government’s Deep Dive into Renewable Energy review into scaling up renewable energy deployment has been released, with a large number of recommendations particularly relevant to the marine energy sector.

about 4 years ago
TechnipFMC scores flexible pipe trifecta with Petrobras
Business & Finance

TechnipFMC scores flexible pipe trifecta with Petrobras

TechnipFMC has signed three frame agreements with Petrobras for the manufacture of more than 500 kilometers of flexible pipe over the next four years in Brazil, as well as other services.

about 4 years ago
Lundin gets green light for exploration drilling off Norway
Business & Finance

Lundin gets green light for exploration drilling off Norway

Lundin has received consent from the offshore regulator to use the Deepsea Stavanger rig for exploration drilling in the Norwegian Sea.

about 4 years ago
Lamprell adds Vestas ex-COO to its board after its non-executive director resigns
Business & Finance

Lamprell adds ex-Vestas COO to its board

Lamprell has appointed a former COO of Vestas as an independent non-executive director after its current one tendered his resignation.

about 4 years ago
Harald A and B facilities - North Sea
Business & Finance

Danish govt bankrolls two projects for CO2 storage in North Sea

Denmark’s government has approved funding for two CCS projects, which will use the existing oil and gas infrastructure in the North Sea.

about 4 years ago
Perdido platform - Shell
Business & Finance

Shell keen to unlock full potential of Gulf of Mexico discoveries

Shell has made a discovery at a prospect in the Gulf of Mexico, providing an opportunity to increase the output in the Perdido Corridor.

about 4 years ago
Afreximbank to support Nigeria's first FLNG with $5bn
Business & Finance

Afreximbank to support Nigeria’s first FLNG with $5bn

The African Export-Import Bank (Afreximbank) has signed a $5 billion memorandum of understanding (MoU) with UTM Offshore for the support the development of Nigeria’s first floating LNG (FLNG) plant.

about 4 years ago
$1.3M available for surveys of New York Bight offshore wind areas
Business & Finance

$1.3M available for surveys of New York Bight offshore wind areas

The New York State Energy Research and Development Authority (NYSERDA) has made available nearly $1.3 million to support redevelopment data collection in the New York Bight Wind Energy Areas (WEAs) to facilitate responsible offshore wind development.

about 4 years ago
Sapura 3500
Business & Finance

Sapura Energy facing cash flow and liquidity issues

Malaysian oilfield services provider Sapura Energy is facing cash flow and liquidity issues exacerbated by the Covid-19 pandemic.

about 4 years ago
Seaway 7 adds Zhong Neng contract to firm orders
Business & Finance

Seaway 7 adds Zhong Neng contract to firm orders

Seaway 7 has confirmed the award of a contract by China Steel Power Corporation for the transport and installation of the submarine cable system for the Zhong Neng offshore wind project in Taiwan.

about 4 years ago
The Shell-operated Shearwater asset in the North Sea - NEO Energy
Business & Finance

NEO Energy gains access to key North Sea hubs after closing ExxonMobil deal

HitecVision-backed NEO Energy has finally completed the acquisition of ExxonMobil’s non-operated oil and gas assets in the North Sea.

about 4 years ago
Malaysian court: Aker Solutions manager acquitted of charges
Business & Finance

Malaysia: Aker Solutions manager acquitted of charges over misleading Petronas

The Sessions Court of Malaysia has discharged Aker Solutions’ manager of charges that he submitted false documents in dealings with state-owned energy giant Petronas.

about 4 years ago
CMA CGM to boost logistics footprint with latest $3 billion deal
Business & Finance

CMA CGM to boost logistics footprint with latest $3 billion deal

French shipping major CMA CGM Group has signed a purchase agreement to acquire most of Ingram Micro’s Commerce & Lifecycle Services activities (CLS), including the company’s technology logistics businesses in North America, Europe, Latin America and Asia-Pacific.

about 4 years ago
Safe Concordia - Prosafe
Business & Finance

New charter extension for Prosafe unit

Offshore accommodation rig provider Prosafe has secured a contract extension for one of its units for operations in Trinidad and Tobago.

about 4 years ago
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