Energinet has revised the budget for the Baltic Pipe as the capital expenditure for the Danish part of the project is now estimated at one billion euros.
France-based geophysical services company CGG has completed the sale of its GeoSoftware business to Topicus and Vela Software.
Monaco-based bulker owner Safe Bulkers has unveiled its first sustainability-linked credit facility that incorporates an incentive discount on interest rate, linked to independently verified pre-determined emission targets.
Unplanned maintenance is underway at the Shell-operated deepwater oilfield Gumusut-Kakap, which is located offshore Malaysia.
The merger of Baker Hughes’ Subsea Drilling Systems business (SDS) and Akastor’s wholly-owned subsidiary, MHWirth, has been completed to form a global offshore drilling equipment company.
The number of offshore rigs in the U.S. has seen a steady increase for two weeks in a row, based on Baker Hughes’ weekly rig count report on Friday.
Great Lakes Dredge & Dock Corporation (GLDD) has announced a first-of-its-kind partnership with Project Vesta, a clean technology pioneer developing a new way to use sand to remove excess carbon dioxide from the atmosphere. “We are committed to robustly furthering the science of Coastal Carbon Captu
U.S. offshore drilling and production equipment manufacturer Dril-Quip announced the resignation of Raj Kumar.
In this In Focus column, we report on initiatives that reduce the ecological footprint of the offshore energy and maritime industry.
PGNiG has started drilling an exploration well offshore Norway following a takeover of Ineos’ Norwegian assets.
India’s conglomerate Adani Group, Sri Lanka’s diversified company John Keells Holdings and Sri Lanka Ports Authority (SLPA) have signed an agreement to jointly develop the Colombo West International Container Terminal (CWICT) of the Port of Colombo (POC).
Arup Group has found that replacing steel with concrete could reduce the costs of floating wave energy converters by 20%, as part of a project funded by Wave Energy Scotland (WES). Also, a new decision-making tool dubbed Convex has been developed to help wave energy device developers assess the feas
Velesto has secured more work for one of its jack-up drilling rigs for operations in Malaysia with Petronas Carigali.
Russia’s atomic energy corporation Rosatom will collaborate with other industry players on hydrogen fuel cell transport to decarbonize the Sakhalin Region.
