Marine engine developer WinGD has completed a successful Type Approval Test (TAT) for their X82DF dual-fuel engine.
German oil and gas company Wintershall Dea has had a record quarterly production in the first quarter of 2021 with 659,000 barrels of oil equivalent a day and reduced its net debt by almost a third.
Subsea engineering company Oceaneering International has through its Manufactured Products segment secured multiple contracts during the first four months of 2021, with anticipated aggregate revenue in excess of $135 million.
Oil major BP has tripled its quarterly profit due to exceptional gas marketing, significantly higher oil prices, and higher refining margins.
Scottish-based ROV and tooling specialist Aleron has signed a partnership agreement with the U.S. offshore services provider SEA.O.G. Offshore to bring its intelligent AUXROV system to the offshore energy market in the United States.
The South Korean government unveiled plans to develop a testbed to accelerate the development of carbon-neutral vessels.
Novatek informed on Wednesday that the Arctic LNG 2 project has concluded 20-year LNG sales and purchase agreements with all the project’s participants.
Millennium Energy Vietnam, a member of the U.S.-based Millennium Petroleum Group, has proposed to develop a $15 billion LNG project in Soc Trang province.
Equinor has selected Fugro to perform a deep-water site investigation in Canada’s Flemish Pass, offshore Newfoundland and Labrador.
Russia’s largest independent natural gas producer Novatek has signed heads of agreement to sell a 10 per cent stake in its LNG transshipment business to France’s Total.
Houston-based Vaalco Energy has signed a non-binding letter of intent (LOI) with Omni Offshore Terminals to provide and operate floating storage and offloading (FSO) unit at the Etame Marin field offshore Gabon.
Oil and gas company Lundin Energy Norway has partnered up with Swedish wave energy developer Ocean Harvesting Technologies to explore the potential of using wave energy to decarbonise the production of oil and gas on offshore platforms.
On 21 April, the European Commission adopted a “sustainable finance” package to help improve the flow of money towards sustainable activities across the European Union.
NorSea UK, in collaboration with Robertson-IES and CR Smith Services, has unveiled NorSea Decom – a dedicated entity whose sole work scope will be the safe and compliant management of decommissioned subsea infrastructure and waste logistics.
