Business & Finance

Overview page containing news articles

List of the highlighted articles

Posted: 2 days ago

PHOTO: Allseas vessel up and running on Karish pipeline offshore Israel

Allseas’ Solitaire pipelay vessel is now working on Energean’s Karish pipeline project l...

Categories:
  • Vessels
Posted: 2 days ago
Posted: 2 days ago

Mermaid deputy CEO resigns

Subsea and drilling services provider Mermaid said that Philippe Grasset has submitted his resignati...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: 2 days ago

Chevron plans to reduce workforce by up to 15 per cent this year

Chevron is planning to reduce its nearly 45,000-strong workforce by 10 to 15 per cent this year due ...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: 2 days ago

New CFO for NKT

Cabling specialist NKT has appointed Line Andrea Fandrup, executive vice president, chief financial ...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: 2 days ago

DEME Offshore gets on board PosHYdon project

DEME Offshore has joined the team behind the PosHYdon project that aims to integrate offshore wind, ...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: 2 days ago

EU Commission’s €750 billion recovery plan to make sustainable transportation a priority

The European Commission has unveiled a €750 billion recovery plan aimed at ensuring economic recover...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: 2 days ago

Japanese consortium to bid for wind project offshore Akita

A consortium of eight Japanese companies will jointly bid to develop an offshore wind power project ...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: 2 days ago

Golar LNG posts Q1 loss, advances projects

LNG shipper Golar made further advancements in its projects in the first quarter of the year. ...

Categories:
  • Business & Finance
Posted: 2 days ago
  • long read
Posted: 2 days ago
Premium

Global potential for offshore wind

In February, Wood Mackenzie sent out a press release stating that the global offshore wind demand wi...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: 3 days ago

Ireland needs port upgrades to cash in on offshore wind (Report)

Ireland stands to lose billions due to offshore wind projects being built from bases outside the cou...

Categories:
  • Ports & Logistics
Posted: 3 days ago
Posted: 3 days ago

Equinor to restart Hammerfest LNG plant on June 18

Norwegian energy giant Equinor plans to bring back online its Hammerfest liquefied natural gas expor...

Categories:
  • Business developments & projects
Posted: 3 days ago
Posted: 3 days ago

New business development director joins HPR

HPR ROV, a micro-ROV specialists, has appointed Michael O’Donnell as the new business development di...

Categories:
  • Business & Finance
Posted: 3 days ago
Posted: 3 days ago

Subsea 7 cutting 3000 jobs

Subsea 7 has issued further details of its workforce and fleet reduction initiative announced earlie...

Categories:
  • Business & Finance
Posted: 3 days ago
Posted: 3 days ago

Thailand approves another LNG import licence

Thailand’s energy regulator has approved another liquefied natural gas import licence as the c...

Categories:
  • Business developments & projects
Posted: 3 days ago
Posted: 3 days ago

Viper Innovations names new managing director

Subsea technology and engineering firm Viper Innovations has appointed Edward Davies as its new mana...

Categories:
  • Business & Finance
Posted: 3 days ago
  • video
Posted: 3 days ago

Petrofac wins extension for work on Iraq’s crude oil export project

Oilfield services provider Petrofac has secured a further six-month contract extension with the Basr...

Categories:
  • Project & Tenders
Posted: 3 days ago
Posted: 3 days ago

Siem Offshore gets breathing room after standstill deal with lenders

Siem Offshore has found a way to improve its cash flow and liquidity to be able to operate in a chal...

Categories:
  • Business & Finance
Posted: 3 days ago
Posted: 3 days ago

Flex LNG slips into first-quarter loss

Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG sh...

Categories:
  • Business & Finance
Posted: 3 days ago
Posted: 3 days ago

ConocoPhillips closes sale of northern Australia assets to Santos

ConocoPhillips has completed the sale of its subsidiaries that hold its northern Australia and Timor...

Categories:
  • Business developments & projects
Posted: 3 days ago
Posted: 3 days ago

RWE and Kyuden Mirai unite for Japanese offshore wind project

RWE Renewables Japan G.K. and Kyuden Mirai Energy have signed a Joint Bidding Agreement to enter int...

Categories:
  • Business developments & projects
Posted: 3 days ago
Posted: 3 days ago

Apache stock to become exclusive to Nasdaq

Houston-based oil and gas company Apache Corporation has chosen to list its common stock solely on t...

Categories:
  • Business & Finance
Posted: 3 days ago
Posted: 3 days ago

Hoegh LNG logs quarterly net loss

Norway-based Hoegh LNG recorded a net loss in the first quarter saying it had a limited impact on it...

Categories:
  • Business & Finance
Posted: 3 days ago