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Business & Finance

List of the highlighted articles

Posted: about 1 month ago

$10 million raised to cover ongoing arbitration costs regarding two cancelled drillships

Northern Drilling has raised $10 million for litigation costs arising from the ongoing arbitration p...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

GTT receives €4.66M for CO2 capture system design for MerVent 2025

As part of the MerVent 2025 project, French LNG containment specialist GTT has received €4.66 millio...

Categories:
  • Business developments & projects
Posted: about 1 month ago
Posted: about 1 month ago

Strong start of 2023 for Northern Irish decommissioning specialist

Northern Ireland-based decommissioning specialist Decom Engineering has commenced 2023 with a number...

Categories:
  • Business developments & projects
Posted: about 1 month ago
Posted: about 1 month ago

European firms ink deal for USVs

Ashtead Technology, the UK-headquartered international subsea rental equipment and solutions special...

Categories:
  • Business developments & projects
Posted: about 1 month ago
Posted: about 1 month ago

Blue World Technologies introduces methanol fuel cell-based power generator

Danish fuel cell developer and manufacturer Blue World Technologies has launched CellPack™ Stationar...

Categories:
  • Business developments & projects
Posted: about 1 month ago
Posted: about 1 month ago

Jack-up rig deal opens offshore energy sector doors to Swedish player

Sweden’s Echandia has received an initial order for battery systems to curb emissions and boost ener...

Categories:
  • Project & Tenders
Posted: about 1 month ago
Posted: about 1 month ago

‘Major’ oil and gas operator picks UK firm to back P&A campaign

UK-headquartered supplier of downhole sealing solutions and technology BiSN has secured a contract w...

Categories:
  • Project & Tenders
Posted: about 1 month ago
Posted: about 1 month ago

New task for Equinor to address nonconformities on FPSO

Norway’s offshore safety regulator is awaiting a response from Equinor regarding the way the identif...

Categories:
  • Authorities & Government
Posted: about 1 month ago
  • long read
Posted: about 1 month ago
Premium

Shell doubles profit in 2022 to record-breaking $40 billion

Shell recorded the highest-ever profit of nearly $40 billion in 2022, which has come under fire from...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

‘Abundance’ of gas pay at Black Sea well exceeds expectations

Trillion Energy has drilled another well in its 2022 – 2023 drilling campaign on a natural gas field...

Categories:
  • Exploration & Production
Posted: about 1 month ago
  • video
Posted: about 1 month ago

On emission reduction quest, Odfjell Drilling furnishes rig with new upgrade

Offshore drilling contractor Odfjell Drilling has upgraded one of its semi-submersible drilling rigs...

Categories:
  • Project & Tenders
Posted: about 1 month ago
Posted: about 1 month ago

FET launches next-generation subsea survey software

Houston-headquartered Forum Energy Technologies (FET) has released its latest generation of video re...

Categories:
  • Technology
Posted: about 1 month ago
Posted: about 1 month ago

Euronav says ousting of entire Supervisory Board not a good idea

Belgian tanker shipping company Euronav believes that the recent request from its shareholder Compag...

Categories:
  • Business developments & projects
Posted: about 1 month ago
Posted: about 1 month ago

Keppel O&M on track to deliver FPSO for ExxonMobil’s third project off Guyana

With the naming ceremony out of the way, Keppel Offshore & Marine is on track to deliver a new F...

Categories:
  • Vessels
Posted: about 1 month ago
Posted: about 1 month ago

Anegasaki thermal power station new unit 1 starts commercial operation

Japan’s Anegasaki thermal power station new unit 1, which energy company JERA Co. has been rep...

Categories:
  • Business developments & projects
Posted: about 1 month ago
Posted: about 1 month ago

Minesto looks to strengthen its financial position through rights issue

Swedish company Minesto has announced plans for a rights issue of approximately €13.5 million worth ...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

Lukoil hits production milestone in Caspian Sea

Russian oil and gas giant Lukoil has produced 50 million tonnes of liquid hydrocarbons at its fields...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

US DOE awards Port of Corpus Christi with $16.4M in CarbonSAFE grants

The Port of Corpus Christi has been allocated $16.4 million through the US Department of Energy’s (D...

Categories:
  • Business developments & projects
Posted: about 1 month ago
Posted: about 1 month ago

Diamond Offshore-managed drillship kicks off its new gig in Gulf of Mexico

Diamond Offshore has revealed that a drillship – managed on behalf of Aquadrill – has started ...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

OEUK calls for more action to help accelerate shift to low carbon energy

Urgent action is needed from both government and industry to support supply chain companies in susta...

Categories:
  • Outlook & strategy
Posted: about 1 month ago
  • long read
Posted: about 1 month ago
Premium

Controversial Bay du Nord oil project saga continues with court challenge

Equinor has a court fight on its hands this week regarding the development of its controversial Bay ...

Categories:
  • Project & Tenders
Posted: about 1 month ago
  • long read
Posted: about 1 month ago
Premium

2022 brings bumper profits for U.S. oil majors Chevron and ExxonMobil

U.S. oil and gas majors Chevron and ExxonMobil have revealed record 2022 profits of $35.5 billion an...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

TC Energy ‘disappointed’ as Coastal GasLink faces increased construction costs

North America’s energy infrastructure company TC Energy has updated cost estimates for the Coa...

Categories:
  • Business developments & projects
Posted: about 1 month ago
  • video
Posted: about 1 month ago

UK offshore and maritime capabilities showcased at Amsterdam’s Offshore Energy Exhibition & Conference

Last November, the annual Offshore Energy Exhibition and Conference took place in Amsterdam. The UK’...

Categories:
  • Authorities & Government
Posted: about 1 month ago
Posted: about 1 month ago

ForestWave takes over Symphony Shipping and its Ecobox fleet

Groningen-based shipping company ForestWave has completed the acquisition of Symphony Shipping and i...

Categories:
  • Business developments & projects
Posted: about 1 month ago

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