Karoon Gas has received approval from a Brazilian regulator to take over the Baúna field offshore Brazil with completion expected at the end of the month.
UK oil and gas company EnQuest has decided to appoint Farina Khan as a non-executive director of its board with effect from 1 November 2020.
BW Offshore has decided to place its subsidiary which owns the FPSO Umoroa in New Zealand in liquidation to avoid further accumulation of losses following the permit operator’s insolvency.
Pengerang LNG (Two), a unit of the Malaysian energy giant Petronas, has secured 1.7 billion Malaysian Ringgit ($409.2 million) of investment.
Copenhagen Malmö Port (CMP), a Danish-Swedish joint venture port operator, revealed it would join the application for the EU funding for CO2 capture project on Amager Bakke.
Finnish wave energy developer Wello has joined the consortium of the SafeWAVE project which aims to overcome the non-technological barriers to marine renewable energy.
Marine technology firm OTAQ Offshore has won a contract and exclusive supply deal with Unique Group for a number of seabed landers. The Aberdeen-based company will design and build the observation platforms in collaboration with Unique Group. Commonly used to record physical, chemical and biological
Japanese shipping major Nippon Yusen Kaisha (NYK Line) has signed a deal with Total to acquire shares in the ship management company Gazocean.
Equinor executive vice president and chief financial officer (CFO) Lars Christian Bacher is resigning from his position with effect from 1 November 2020.
Emerson has been awarded a $14 million contract to provide automation technologies for the new Azeri Central East offshore platform in the Caspian Sea.
Maritime innovation project HySHIP has been granted €8 million (about $9.4 million) in EU funding as the Norwegian government announces a strengthened focus on the development and commercialization of hydrogen as a carbon-neutral fuel.
Australian gas producer and GLNG operator, Santos reported record production in the third quarter of 2020, edging up the sales revenue by 2 per cent.
MODEC has contracted GranEnergia for the provision of its semi-submersible UMS Venus to support its offshore maintenance campaigns in Brazil.
Oil production costs have reached a new low, making deepwater one of the cheapest sources of new supply, according to Rystad Energy.
