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Business & Finance

List of the highlighted articles

Posted: 2 months ago

Sapura bags over $457 million in new deals

Sapura Energy subsidiaries and joint venture have been awarded contracts and contract extension with...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

Horns Rev 3 offshore wind farm gets DNV GL project certificate

DNV GL has officially issued the project certificate to Vattenfall for its Horns Rev 3 offshore wind...

Categories:
  • Certification & Classification
Posted: 2 months ago
Posted: 2 months ago

Ørsted buys into Baltica 2 & 3 OWFs in Poland

Ørsted and PGE Polska Grupa Energetyczna have signed an agreement to form a 50/50 joint venture for ...

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

BW Offshore braces for FPSO impairments

FPSO operator BW Offshore has decided to record an impairment to the book value of three FPSOs, amou...

Categories:
  • Vessels
Posted: 2 months ago
Posted: 2 months ago

Northland Power to bid in Taiwanese offshore wind auction

Northland Power is planning to submit applications for two new proposed development sites in the upc...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

Equinor sinks deeper into the red amid market turmoil

Norwegian oil and gas giant Equinor saw a massive increase in its quarterly net loss amid market tur...

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

Offshore Wind Consultants, Ambiens team up in Poland

Offshore Wind Consultants (OWC) and Polish environmental consulting company Ambiens have signed a me...

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

LLOG, Eni sign infrastructure agreement for Taggart

LLOG Exploration Offshore and Italian oil major Eni have signed an infrastructure agreement for subs...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

ADNOC awards offshore block to Japan’s Cosmo

ADNOC has signed an exploration concession agreement, awarding the exploration rights for Abu Dhabi’...

Categories:
  • Exploration & Production
Posted: 2 months ago
Posted: 2 months ago

HMM posts record operating profit in 2020

Despite the negative effects of COVID-19, South Korea’s national flagship carrier HMM closed 2...

Categories:
  • Business developments & projects
Posted: 2 months ago
Posted: 2 months ago

MOL hits dust in North Sea well

Oil and gas company MOL Norge has drilled a dry well located at Mandal High in the southern North Se...

Categories:
  • Exploration & Production
Posted: 2 months ago
Posted: 2 months ago

Maersk ends year with record quarterly results, expects strong Q1 amid demand surge

A.P. Moller – Maersk, the world’s largest container carrier, has ended 2020 on a strong ...

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

Tullow Oil offloads West African assets to Panoro

Tullow Oil has signed two separate sale and purchase agreements with Panoro Energy for its assets in...

Categories:
  • Business developments & projects
Posted: 2 months ago
Posted: 2 months ago

Apache names former BP deputy CEO as board member

Oil and gas company Apache Corporation has appointed a new member to the company’s board of director...

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

Crowley and Watco working together for US offshore wind

Crowley and Watco are partnering to create a single-source terminal and supply chain management...

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

Sapura’s JV with Seadrill not impacted by Chapter 11 cases

Sapura Energy has clarified that its joint venture with Seadrill is not impacted by the recent Chapt...

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

Maersk sues Glencore over bad bunkers

Danish logistics giant Maersk has filed a lawsuit against commodity trader Glencore Ltd over contami...

Categories:
  • Vessels
Posted: 2 months ago
Posted: 2 months ago

Kentech to buy SNC-Lavalin's oil and gas business

Kentech has made a move to buy SNC-Lavalin’s oil and gas business in an effort to accelerate i...

Categories:
  • Transition
Posted: 2 months ago
Posted: 2 months ago

Aker BP man to join OKEA as new CEO

Norwegian oil and gas company OKEA has appointed Svein J. Liknes as its new CEO, starting from June ...

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

Total plans to change name in energy transition push

Total decided to change its name as part of its efforts to anchor its transformation into a broad en...

Categories:
  • Transition
Posted: 2 months ago
Posted: 2 months ago

WindEurope: UK getting seabed leasing ‘badly wrong’

The UK’s recent Offshore Wind Round 4 seabed leasing represents a risk for raising costs of of...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

Polarcus calls in the liquidators

The Grand Court of the Cayman Islands has appointed FTI Consulting liquidators to financially troubl...

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

Petrofac scores well management job with PTTEP

Petrofac’s Engineering and Production Services (EPS) business has secured a well project management ...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

European offshore wind draws record investment in 2020

Europe confirmed a record amount of €26.3 billion of investments in 2020 that will finance 7.1 GW of...

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

Aker BP hires Møkster platform supplier

Norwegian offshore vessel owner Simon Møkster has been awarded a new vessel contract from compatriot...

Categories:
  • Vessels
Posted: 2 months ago