
Offshore drilling contractor Valaris has been awarded a three-year contract with North Oil Company offshore Qatar.

Ofgem has granted an updated UK Interconnector Licence for the NeuConnect interconnector between the UK and Germany. NeuConnect was first awarded an interconnector licence in 2018 but it was necessary for the project to seek variations to Ofgem’s existing Cap and Floor regulations. In May 2020, Ofge

UK’s Oil and Gas Authority has issued an updated guidance on flaring and venting, which sets out a tougher approach to driving reductions.

Fertiglobe, a strategic partnership between OCI and ADNOC, will join the blue ammonia production project at TA’ZIZ in Ruwais, Abu Dhabi.

Le Havre Normandy University is carrying out a study at the Paimpol-Bréhat tidal test site which could contribute to the improvement of the quality of tidal turbine blades as part of the EU-backed cross-border Tidal Stream Industry Energiser Project (TIGER).

Norwegian shipowner Solstad Offshore has sold one of its platform supply vessels (PSV), making it the third vessel sale in two months.

The Mayflower Autonomous Ship (MASS) has stopped its historic transatlantic crossing of the Atlantic Ocean three days after the initial launching due to “a small mechanical problem.”

U.S.-based marine energy company Ocean Power Technologies (OPT) has appointed new president and chief executive officer, along with other executive management changes.

South-Eastern Europe’s largest integrated energy company OMV Petrom has obtained a license to commercialize LNG.

Singapore’s Dyna-Mac has secured additional work scope from existing customers, for a total provisional contract sum of about $6 million.

Ocean Energy Europe has presented the European Commission with a study that outlines the financial, technical and regulatory aspects of 17 wave and tidal projects that could hit the waters by the end of 2025, with recommendations for action at the EU level to ensure their delivery.

Energy supermajor ExxonMobil is preparing to reduce its U.S. offices headcount by up to 10 per cent annually for the next three to five years.

Monaco-based bulker owner Safe Bulkers has entered into a credit facility of $70 million with a five-year tenor.

Nowegian ship designer Ulstein Design & Solutions AS has been chosen by compatriot maritime startup Edge Navigation AS as a partner in developing a container vessel with the patented X-Bow hull lines for non-fossil propulsion towards achieving zero emissions in maritime transport.