South Korean subsea cable manufacturer LS Cable & System and Canadian offshore wind developer Northland Power have signed a Memorandum of Understanding (MOU) on cooperation in the South Korean offshore wind market. LS was recently selected as a preferred supplier of submarine cables for Northland Po
U.S. LNG project developer Tellurian has reported LNG sales for the third quarter of 2021 at $15.6 million in revenues compared to $7.3 million during the same period of 2020.
McDermott has signed a MOU with Shell to collaborate on decarbonising construction and building a pathway to a net-zero carbon future.
EDP Renewables (EDPR) has become a major shareholder in Singapore-based solar energy company Sunseap, having acquired the stake of 87.4% to reinforce its presence in the Asia-Pacific region.
Emissions control specialist Eminox and turbocharger maker Kompressorenbau Bannewitz (KBB) have teamed up to meet emissions compliance requirements for marine diesel engines.
Cairn Energy has completed the sale of its interests in the Catcher and Kraken fields located off the UK for $455 million.
The Nordic energy company Gasum has reached an agreement with North Sea Midstream Partners (NSMP) on the divestment of the Risavika LNG liquefaction plant.
HullWiper has entered into a partnership with World Subsea Services to bring sustainable and affordable hull cleaning solutions to vessels calling at the Port of Colombo in Sri Lanka.
Empyrean Energy has made significant operational progress towards spudding of an exploration well at the Jade prospect offshore China.
Norwegian oil and gas company Aker BP has started production from the Ærfugl phase 2 project located in the Norwegian Sea.
Offshore wind spending is nearing that of offshore oil and gas and is anticipated to surpass it in several key markets by 2030, Rystad Energy said, with Europe being the first to count more offshore wind than oil and gas investments, followed by Asia (excluding China) and the US. In Europe, the UK a
Two giant offshore drilling contractors are encouraged by meaningful signs of improvement in the market and increase in rig day rates.
ConocoPhillips has increased its quarterly dividend as it returned to profit in the third quarter of 2021 driven by higher oil and gas prices.
French LNG containment specialist Gaztransport & Technigaz (GTT) says its revenues for the first nine months of 2021 are in line with expectations.
