With the wage growth mission spreading its wings across North Sea platforms, offshore workers have increasingly turned to potential industrial action pursuits to get better pay deals in the UK’s offshore energy sector, as illustrated by the latest wage win secured by workers employed on assets opera
On a European footprint expansion quest, Madrid-headquartered Asterion Industrial Partners, an investment management firm, has enlarged its energy portfolio with the acquisition of an interest in a liquefied natural gas (LNG) terminal, described as not only France’s largest LNG receiving and regasif
Allseas has won a contract with TAQA UK for the engineering, preparation, removal, and disposal (EPRD) of a platform in the UK Central North Sea.
Texas GulfLink, an affiliate of Dallas-based Sentinel, has received a permit from the U.S Environmental Protection Agency (EPA) for its offshore deepwater crude oil export terminal near Freeport, Texas.
Italy’s energy giant Eni and its partners in an integrated project offshore Ghana, Vitol and the Ghana National Petroleum Corporation (GNPC), have signed a memorandum of intent (MOI) with Ghana’s government to boost the country’s oil and gas production capacity.
Wärtsilä has won a multi-year lifecycle agreement for three liquefied natural gas (LNG) carriers with China LNG Shipping (International) Co. Ltd. (CLSICO), which is perceived to be designed to ensure operational reliability, enable flexibility in maintenance scheduling, and optimize the time between
Maritime services company Bernhard Schulte Shipmanagement (BSM) has assumed the technical management of a floating storage and regasification Unit (FSRU) operating in the Turkish Aegean Sea.
Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has unveiled a purpose-built floating production storage and offloading (FPSO) hull design, which has secured main scantling approval (MSA) from DNV, a Norwegian classification socie
A seventh-generation drillship owned by Hanwha Drilling, part of South Korea’s Hanwha Ocean, has commenced its assignment with Brazil’s state-owned energy giant Petrobras in the country’s Campos basin.
A consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has withdrawn its $18.7 billion non-binding indicative offer for Australia’s energy player Santos.
U.S.-headquartered energy technology giant Baker Hughes has disclosed a long-term contract extension with Brazil’s Petrobras for two stimulation vessels, which will keep supporting offshore operations that optimize oil and gas recovery in the South American country’s post and pre-salt fields.
Dubai-based offshore vessel operator Astro Offshore, an Adani Group company, has expanded its fleet with four platform supply vessels (PSVs) and one multipurpose supply vessel (MPSV), which boost the UAE-headquartered firm’s operational efficiency and fleet versatility.
Oslo-listed oil and gas E&P player BW Energy has revealed the names of its Chief Operating Officer (COO) and Chief Financial Officer (CFO).
Ithaca Energy, a North Sea oil and gas operator and producer, has disclosed pricing of its senior notes offering and the extension of its reserves based lending (RBL) facility, which is expected to fuel the firm’s acquisition of an additional stake in a gas field in UK waters and optimize financial
