Odfjell Technology has secured a long-term wellbore cleanup equipment and services deal in Malaysia with Petronas Carigali.
Borr Drilling has secured a binding Letter of Award (LOA) for a jack-up drilling rig from an undisclosed operator in Southeast Asia.
German engine manufacturer MAN Energy Solutions has signed a cooperation agreement with South Korean company STX Heavy Industries (STX HI) to deliver its three Energy Efficiency eXisting ship Index (EEXI) solutions to MAN B&W-branded low-speed engines manufactured by STX HI.
Shelf Drilling has secured more work for its rigs and it expects the global jack-up utilisation and pricing to beat pre-pandemic levels in 2022.
Japan Drilling Co. (JDC) has been awarded a new deal for one of its jack-up rigs by Petronas Carigali for operations offshore Malaysia.
Rystad Energy expects public E&P companies to break prior records as profits are set to reach a 70 per cent increase in 2022.
PanGeo Subsea, a wholly-owned subsidiary of Kraken Robotics, has secured several cable depth of burial campaigns, valued at more than $3 million, in Europe using its 3D acoustic Sub-Bottom Imager (SBI). Under these contracts set to be completed throughout 2022, the SBI will be used as the cable dete
Malaysian Petronas and Thailand’s PTTEP have both decided to withdraw from the Yetagun field located offshore Myanmar.
Subsea 7 has reported a revenue of $1.2 billion in the first quarter of 2022, an increase of $197 million or 20% compared to Q1 2021, said to reflect strong growth in the Subsea and Conventional business unit. According to the UK-based company, the increase in revenue is impacted by significant acti
High commodity prices and increasing oil & gas supply are set to push upstream sector payments to governments to an all-time high, Rystad says.
UK-based tidal energy project developer SBS has completed the feasibility study for a planned megawatt-scale tidal energy project in the Larantuka Strait in Indonesia.
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) has secured another order for the construction of a 174,000 cbm liquefied natural gas (LNG) carrier.
