In the face of decarbonisation challenges, presenting a united front seems to be a way around for offshore energy players. During the last week of January, we have witnessed a number of cross-sector collaborations established with a single aim to eliminate carbon emissions and reach the net-zero des
Ashtead Technology, a subsea technology specialist, has signed a multi-year reseller agreement with Norbit Subsea, a provider of technology solutions to the global maritime sector.
A new report addressing the reduction of emissions from the global maritime sector has verified the benefits of methanol as a marine fuel highlighting it as a key solution for decarbonisation.
2021 saw 704 vessels sold for scrap overall, with a combined deadweight tonnage of 26.4 million and a total scrap value of $2.7 billion, a report released by VesselsValue shows.
KUFPEC has revealed its first operated offshore gas discovery, following a successful drilling campaign in the Anambas Block, off Indonesia.
Global upstream merger and acquisition deals rebounded to pre-Covid-19 levels in 2021, reaching a total of $181 bln, Rystad Energy’s says.
Heerema Marine Contractors has secured a contract with McDermott to transport and install six jackets for Saudi Aramco’s Marjan project.
Singapore-based offshore service operator Nortrans Offshore has secured a five-year charter contract extension with the US energy major Chevron for the subsea vessel Nor Naomi.
Westwood Global Energy has revealed that frontier exploration drilling fell to the lowest level ever recorded by the company.
A new report for the Getting to Zero Coalition, an initiative for accelerating international shipping decarbonisation, outlining policy measures that could close the competitiveness between fossil fuels and zero-emission alternatives in shipping has been launched.
Israeli shipping company ZIM Integrated Shipping Services has entered into a new eight-year charter agreement for three 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels.
China Petroleum & Chemical Corporation (Sinopec) has received the first LNG cargo from the ten-year LNG sale and purchase agreement with QatarEnergy.
Energean expects an eventful year ahead as it is working to achieve several important milestones for its project located offshore Israel.
Abu Dhabi-based rig operator is now only 1 rig shy of 100 following an introduction of two more jack-up rigs to its fleet.
