Overview page containing news articles

Business & Finance

List of the highlighted articles

  • long read
Posted: over 2 years ago

Transocean optimistic about contracting after securing new rig jobs

Following new contract awards to its drillships and a harsh environment rig, Transocean is optimisti...

Categories:
  • Project & Tenders
Posted: over 2 years ago
Posted: over 2 years ago

TechnipFMC’s subsea orders double in Q1 2021

TechnipFMC’s Subsea division has reported inbound orders of $1.5 billion in the first quarter ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Ocean Sun sees first quarter revenue drop

Norwegian floating solar developer Ocean Sun has recorded a slight drop in revenues for the first qu...

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  • Business Developments & Projects
Posted: over 2 years ago
Posted: over 2 years ago

VSM fears essential shipbuilding skills could be lost

The corona pandemic has further exposed the vulnerabilities of the German and EU shipbuilding sector...

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  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Aban suspends jack-up rig as India grapples with Covid-19 surge

India’s offshore drilling contractor Aban Offshore has suspended operations on one of its jack...

Categories:
  • Operations & Maintenance
Posted: over 2 years ago
Posted: over 2 years ago

Velesto rig working for ConocoPhillips sinks off Malaysia

A jack-up drilling rig owned by Malaysia’s Velesto Energy has sunk offshore Malaysia while wor...

Categories:
  • Safety
Posted: over 2 years ago
Posted: over 2 years ago

Maersk and Shell join forces for Gulf of Mexico workforce training

The Shell Robert Training and Conference Centre in Louisiana has established a partnership with Maer...

Categories:
  • Human Capital
Posted: over 2 years ago
Posted: over 2 years ago

Neptune and Spirit to develop UK gas find as Cygnus tieback

Spirit Energy and Neptune Energy have agreed to partner on the development of the Pegasus West gas d...

Categories:
  • Project & Tenders
Posted: over 2 years ago
Posted: over 2 years ago

Ocean Infinity buys Portuguese software engineering firm

Marine robotics company Ocean Infinity has acquired the Portugal-based software engineering speciali...

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  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

New CFO elected as FAR moves to finalise Sangomar sale

Australia’s FAR Limited has announced the departure of its current and the appointment of a ne...

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  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Port of Newcastle obtains sustainability-linked financing

Australia’s largest east coast seaport, Port of Newcastle, has secured A$515 million (approximately ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Axess to provide offshore support services to Altera FPSOs

Axess Group, an asset integrity management company, has signed an offshore support services contract...

Categories:
  • Project & Tenders
Posted: over 2 years ago
Posted: over 2 years ago

Petronas awards P&A gig to Tanjung Offshore

T7 Global’s subsidiary, Tanjung Offshore, has received an award from Petronas Carigali for the...

Categories:
  • Project & Tenders
Posted: over 2 years ago
Posted: over 2 years ago

DNV, Vinde to inspect Vår Energi's assets off Norway

Oil and gas company Vår Energi has awarded a three-year inspection services contract to a strategic ...

Categories:
  • Operations & Maintenance
Posted: over 2 years ago
Posted: over 2 years ago

Valaris emerges from Chapter 11 free of $7.1bn of debt

Valaris has completed its financial restructuring, emerging from the Chapter 11 bankruptcy and elimi...

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  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Equinor, Ørsted, Boskalis join AquaVentus project

Ten new companies have joined the AquaVentus offshore wind-to-hydrogen project, including offshore w...

Categories:
  • Collaboration
Posted: over 2 years ago
Posted: over 2 years ago

Baker Hughes gets subsea order from Petrobras

Baker Hughes has been awarded a subsea equipment contract from Petrobras as part of the Marlim and V...

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  • Project & Tenders
Posted: over 2 years ago
Posted: over 2 years ago

Eni and Santos to collaborate on projects in Australia and Timor-Leste

Italy’s Eni and Australia’s Santos have agreed to cooperate on projects in northern Aust...

Categories:
  • Collaboration
Posted: over 2 years ago
Posted: over 2 years ago

Acta Marine seeks co-owner to back fleet expansion

Acta Marine and shareholder MerweOord are seeking a strategic co-owner to support the further expans...

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  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

N-O-S adds four Wilson Offshore's vessels to its fleet

Northern Offshore Services (N-O-S) will take over the management of four Wilson Offshore’s off...

Categories:
  • Vessels
Posted: over 2 years ago
Posted: over 2 years ago

Petrobras kicks off bidding process for ninth Búzios FPSO

Petrobras has started the bidding process for the acquisition of a new FPSO for the Búzios field, in...

Categories:
  • Project & Tenders
Posted: over 2 years ago
Posted: over 2 years ago

U.S. weekly offshore rig count up by two units

The number of offshore rigs in the U.S. increased by two units over the last week, according to a Fr...

Categories:
  • Business Developments & Projects
Posted: over 2 years ago
Posted: over 2 years ago

Icelandic maritime start-up secures fresh funding

Icelandic maritime start-up Hefring ehf. has successfully closed a financing round led by the New Bu...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Chevron profit shrinks due to effects of pandemic, storm Uri

U.S. oil major Chevron booked a smaller profit in the first quarter of 2021 compared to the same per...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

ExxonMobil earns $2.7 billion in first quarter of 2021

U.S. supermajor ExxonMobil booked a quarterly profit due to benefits of higher commodity prices and ...

Categories:
  • Business & Finance
Posted: over 2 years ago

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