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  • 13 July 2021
    Business & Finance, Business developments & projects, Project & Tenders

    Brazilian national oil company Petrobras has signed a contract with 3R Offshore for the sale of its interests in the producing Papa-Terra, located in the Campos Basin, offshore Brazil.

  • 14 June 2021
    Authorities & Government, Business & Finance, Business developments & projects, Exploration & Production

    Norwegian oil and gas company Equinor has made a minor oil discovery near the Visund field in the North Sea offshore Norway.

  • 1 July 2021
    Business & Finance, Business developments & projects

    The level of delays in 2021 has been the highest across each month when compared to the previous years, with average delays going up to 6 days, a new report shows.

  • 13 May 2021
    Business & Finance, Equipment, Infrastructure

    Subsea tree order intake for the second quarter of 2021 is estimated at 82 units, representing 32 per cent of the anticipated 260 units to be awarded in 2021, according to market research provider Westwood. Key projects to watch in 2Q 2021 include Equinor’s Bacalhau and Total’s Lapa South West in Brazil, as well as Shell’s Whale […]

  • 5 April 2021
    Ports & Logistics, Vessels

    Turkish shipbuilder Sanmar Shipyards has signed a contract for the construction of six vessels with the Port Qasim Authority (PQA) in Pakistan. The $33.46 million deal includes four high-performance tugboats and two pilot boats. The ships will form part of the Kocacay range of escort and harbour tug series, based on the exclusive-to-Sanmar RAstar 3200SX […]

  • 15 March 2021
    Business & Finance, Business developments & projects, Exploration & Production

    Chinese oil and gas player CNOOC Limited has started production from the Caofeidian 6-4 oilfield located offshore China.

  • 17 February 2021
    Business developments & projects, Operations & Maintenance

    The United States liquefied natural gas (LNG) export facilities have closed the year 2020 with record volumes.

  • 11 February 2021
    Exploration & Production, Infrastructure

    Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the North Sea, offshore Norway.

  • 25 March 2021
    Authorities & Government, Business & Finance, Business developments & projects, Environment, Exploration & Production, Regulation & policy, Rules & Regulation

    Alpha Petroleum has filed its draft decommissioning programme for the Wenlock field platform located off the UK to the country’s authorities.

  • 14 May 2021
    Business & Finance, Business developments & projects

    Canadian Kraken Robotics is expecting a revenue of $24 million to $28 million for the year ending on 31 December 2021, which would represent a more than 100% growth compared to $12.3 million in 2020. The growth is due to recent contract wins for KATFISH 180 towed sonars, as well as ALARS for the Danish and […]

  • 19 April 2021
    Business developments & projects, Operations & Maintenance

    Liquefied natural gas (LNG) exports from the United States slipped during the month of February 2021.

  • 18 June 2021
    Business & Finance, Business developments & projects, Project & Tenders

    Brazilian oil and gas company PetroRio has completed the acquisition of interests in two fields offshore Brazil from oil major BP.

  • 8 February 2021
    Business & Finance, Business developments & projects, Exploration & Production, Operations & Maintenance

    Drilling of high-impact wells in 2020 suffered at the hands of the pandemic, but the overall results were nevertheless positive, Rystad Energy reveals.

  • 8 March 2021
    Business & Finance, Business developments & projects

    Norwegian floating LNG player Höegh LNG has set forth a merger plan with funds managed by Morgan Stanley Infrastructure Partners.

  • 24 March 2021
    Business developments & projects, Exploration & Production, Infrastructure, Project & Tenders

    Norwegian oil major Equinor has made the biggest discovery so far this year on the Norwegian continental shelf (NCS) in a prospect near the Fram field in the North Sea.

  • 24 February 2021
    Business & Finance, Equipment, Technology

    Forum Energy Technologies has seen its loss widened in the fourth quarter 2020 on asset impairments and restructuring costs as well as revenue drop of some 44 per cent. The Houston-based energy sector products company recorded Q4 2020 loss of $32.7 million, or $5.85 per diluted share. This result compares to a net loss of […]

  • 30 April 2021

    French liner major CMA CGM has ordered the construction of 22 containerships worth around $2.3bn, making the deal the largest single containership order in China’s shipbuilding history. The orders are spread across three Chinese shipbuilders,  Jiangnan Shipyard, Hudong-Zhonghua Shipbuilding, and Qingdao Beihai Shipbuilding Heavy Industry, all subsidiaries of China State Shipbuilding Corporation (CSSC). The contract […]

  • 2 July 2021
    Business & Finance, Business developments & projects, Project & Tenders

    Norwegian oil major Equinor has awarded Modern American Recycling Services Europe (M.A.R.S) a contract for deconstruction and recycling of the Veslefrikk B platform in the North Sea offshore Norway.

  • 20 May 2021
    Business developments & projects, Operations & Maintenance

    Japan’s imports of liquefied natural gas have slipped for the second month in a row.

  • 15 February 2021
    Authorities & Government, Environment, Exploration & Production

    ConocoPhillips Australia and 3D Oil are proposing to undertake the Sequoia 3D marine seismic survey within exploration permit T/49P in the Otway Basin, west of Tasmania’s King Island. The purpose of the Sequoia 3D survey is to acquire geophysical data to provide a 3D image of the subsurface geology within the T/49P permit area in […]

  • 2 July 2021
    Business & Finance

    Danaos Corporation has exercised its option to acquire the remaining equity interests in its joint venture Gemini Shipholdings Corporation. Gemini is a Marshall Islands company incorporated in August 2015 and beneficially owned 49% by Danaos Corporation and 51% by Virage International, a company controlled by Danaos Corporation’s largest stockholder. The company is buying 51% of […]

  • 5 March 2021
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    PetroRio has signed an agreement with Total for the acquisition of a 28.6% interest in the BM-C-30 Block, which holds the Wahoo field located off Brazil.

  • 17 May 2021
    Business & Finance, Business developments & projects, Exploration & Production

    The number of offshore rigs in the U.S. increased by two units over the last week, according to a Friday report by Baker Hughes.

  • 3 May 2021
    Business & Finance, Business developments & projects, Exploration & Production

    The number of offshore rigs in the U.S. increased by two units over the last week, according to a Friday rig report by Baker Hughes.

  • 9 June 2021
    Business & Finance, Business developments & projects, Infrastructure, Vessels

    London-based containership charter owner Global Ship Lease (GSL) has signed a deal to buy twelve secondhand containerships from Borealis Finance LLC.