Business & Finance Archives

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...

2 days ago

Mermaid deputy CEO resigns

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

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 ...

2 days ago

New CFO for NKT

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

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, ...

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...

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 ...

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. ...

2 days ago

long read

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...

2 days ago

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...

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...

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...

3 days ago

Subsea 7 cutting 3000 jobs

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

3 days ago

Thailand approves another LNG import licence

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

3 days ago

Viper Innovations names new managing director

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

3 days ago

video

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...

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...

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...

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...

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...

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...

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...

3 days ago

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