CGG and Shearwater have agreed to suspend negotiations around creating a marine streamer equipment JV until visibility in the streamer replacement cycle improves. The companies said that decision comes due to the downturn in the oil and gas industry, triggered by the Covid-19 pandemic. Both parties
Maersk Drilling has secured a contract from Petrogas in the Dutch North Sea for the harsh environment jack-up rig Maersk Resilient but it has also received a cancellation for a UK North Sea job.
Prosafe has managed to reduce its quarterly loss despite lower revenues due to lower fleet utilisation and average day rates.
Wintershall Dea will reduce annual emissions on supply vessel services to the Brage platform by up to 30% when the Viking Princess vessel goes on contract.
Petrobras has decided to create a climate change executive management, reinforcing the growing importance of the activities related to the low-carbon transition.
Siemens Gamesa has produced the 500th nacelle for an offshore wind turbine at its manufacturing plant in Cuxhaven, Germany. The milestone was reached with a nacelle for the Hornsea Two offshore wind farm in the UK. The offshore nacelle manufacturing plant in Cuxhaven was opened in 2017 and regular o
The Singapore Registry of Ships (SRS) crossed the 96 million gross tonnage milestone in 2020, maintaining its position among the top five ship registries in the world.
The Seattle-based company Oscilla Power has raised over $300K in an ongoing crowdfunding campaign that will remain open for two more weeks.
Impact Oil & Gas has entered into an agreement with Shell for the farm-out of a 50% working interest and operatorship in a block offshore South Africa.
Oil major BP is reportedly close to selling its global headquarters in central London for around $324,4 million under an accelerated schedule for the overhaul of the company.
German LNG Terminal said it has made another step towards reaching a final investment decision.
Swiss container shipping giant Mediterranean Shipping Company (MSC) has dived into the secondhand market, acquiring six Post-Panamax units.
TenneT has invited tenders for services related to cable repair and maintenance in both Germany and the Netherlands, which include locating cable faults. The services will be delivered across several grid connections and interconnectors. The transmission system operator (TSO) is looking to conclude
Polish Oil and Gas Company (PGNiG) has chartered two liquefied natural gas carriers from Knutsen OAS Shipping to transport U.S. LNG volumes to Poland.
