Business & Finance
Golar secures a 1-year fixed-time charter for LNG carrier
LNG shipper Golar has secured a one-year fixed-time charter for one of its LNG carriers, generating approximately $36.5 million of revenue.
DOE picks Shell-led consortium to prove LH2 storage technology
The U.S. Department of Energy (DOE) has selected Shell-led consortium to demonstrate the feasibility and cost-effectiveness of large-scale liquid hydrogen (LH2) storage tank.
Subsea 7 and NOC set up research alliance for better ocean understanding
Subsea 7 and the UK’s National Oceanography Centre (NOC) have launched a research alliance focused on improving the scientific understanding of global oceans for a sustainable marine future. The BORA Blue Ocean Research Alliance will accelerate the knowledge of global ocean processes through a numbe
Norwegian companies enter offshore wind alliance
Aker Solutions, DeepOcean, and Solstad Offshore have entered into an alliance to combine their capabilities and expertise and form an integrated one-stop-shop provider for the offshore wind industry. The Windstaller Alliance plans to offer product deliveries, fabrication services as well as marine a
Bureau Veritas and AYOP hook up to address decommissioning challenge
Bureau Veritas has joined Dutch advocacy and networking group Amsterdam IJmuiden Offshore Ports to tackle the decommissioning challenge.
TechnipFMC targets composite pipe tech with Magma Global buy
TechnipFMC has completed the acquisition of outstanding shares of Magma Global with an aim to accelerate the development of composite pipe technologies for conventional energy and CO2 applications.
Maersk Drilling secures right to all drilling work on Greensand carbon storage project
Maersk Drilling has entered a framework agreement with the Nini Joint Venture for the supply of rigs for the Greensand carbon storage project.
BP retesting Clair Ridge crew after five test positive for Covid-19
BP has confirmed that five crew members on its platform off the UK have tested positive for Covid-19 and have been flown to shore.
GasLog sells GasLog Salem LNG carrier to CDBL
Greek owner and operator of LNG carriers GasLog has completed the sale of GasLog Salem LNGC to a subsidiary of China Development Bank Leasing (CDBL) for $128 million.
WATCH: SBM Offshore’s FPSO Prosperity entering drydock in Singapore
SBM Offshore’s FPSO Prosperity, destined to operate for ExxonMobil offshore Guyana, has entered drydock at a yard in Singapore.
Harbour Energy granted carbon storage licence for North Sea field
UK’s petroleum regulator, the Oil and Gas Authority (OGA), has awarded a carbon dioxide appraisal and storage licence to Harbour Energy.
Aquadrill seals the deal for drillship in Indonesia, sells semi-sub rig
Aquadrill and a subsidiary of Vantage Holdings have reached an agreement to provide the Capelladrillship for a contract in Indonesia.
DeNovo picks contractor to build renewable-powered platform in Trinidad
DeNovo Energy has awarded a contract for the construction, installation, and commissioning of its new platform.
Norwegian, German regulators approve Octopus Bidco’s Ocean Yield acquisition
Octopus Bidco AS, a company owned by funds advised by American investment company Kohlberg Kravis Roberts & Co. L.P. (KKR) and its affiliates, has received clearance from the Norwegian Competition Authority and the German Federal Cartel Office to acquire Norwegian shipowner Ocean Yield ASA.