Business & Finance

U.S. offshore rig count stuck at 15
The number of offshore rigs in the U.S. remained unchanged last week, according to weekly rig count reports by Baker Hughes.

In focus: Redefining the offshore energy environment
Energy transition is bringing with it an intricate mix of options for the offshore energy and shipping sectors.

Supreme Court rejects Prosafe appeal in Westcon case
An attempt by Prosafe to appeal a court’s decision in a case against Westcon, related to Safe Scandinavia’s conversion, has been rejected.

Kinder Morgan wraps up Kinetrex Energy acquisition for $310m
U.S. energy infrastructure company Kinder Morgan has closed on its previously announced acquisition of compatriot LNG supplier Kinetrex Energy for $310 million.

Eco Wave Power posts half-year loss as revenues pick up pace
Swedish-Israeli wave energy company Eco Wave Power has released its financial report for the first six months of 2021, showing a wider net loss, but also an increase in revenues when compared to the same period a year ago.

Oil and gas operators evacuating workers as storm nears Gulf of Mexico
Oil and gas operators in the U.S. Gulf of Mexico are evacuating workers and shutting down production as Tropical Storm Ida is brewing.

Saudi yard inks deal to localize rig product manufacturing
International Maritime Industries (IMI), the largest maritime yard in the MENA region, has signed a long-term agreement with JSA Loadmaster.

Navios Partners, Acquisition merger to form US largest publicly-listed shipping company
Dry cargo vessel owner and operator Navios Maritime Partners and tanker owner Navios Maritime Acquisition Corp. have unveiled their plan to merge into a standalone entity.

SES, MARTAC team up for unmanned marine survey platforms
Subsea Europe Services (SES) and Maritime Tactical Systems (MARTAC) have signed an extensive partnership agreement to cooperate on the delivery of unmanned and autonomous marine survey platforms. The collaboration combines technology and autonomous survey platforms for new, more efficient marine dat

Ex-Total E&P Denmark boss to drive Ramboll’s energy transition ambition
Ramboll has named a former Managing Director of Total E&P Denmark to head the green transition of Ramboll’s oil & gas business.

Transocean clinches $252 million contract for newbuild drillship
Transocean has been awarded a $252 million firm contract by BOE Exploration & Production for a newbuild ultra-deepwater drillship.

Noble to sell four jack-up rigs for $292 million
Noble Corporation has reached a definitive agreement to sell four jack-ups to ADES International for $292 million.

Spirit Energy prolongs North Sea field life with new gas find
Spirit Energy has found more gas at its Grove field located in the UK North Sea, which will prolong the field life to at least 2028.

Enauta in exclusive talks with Yinson for new Atlanta FPSO
Enauta has signed an MoU with Yinson for exclusive negotiation of FPSO supply contracts for the Definitive System of the Atlanta field.