Business & Finance
OMV elects new CEO as Seele heads out
Austrian oil and gas company OMV has named a new CEO of the company as its current boss is set to resign from the role.
Repsol sells Malaysia and Vietnam assets to Hibiscus
Repsol has agreed to sell its E&P assets in Malaysia and a block in Vietnam to a fully-owned subsidiary of Malaysia’s Hibiscus Petroleum.
TotalEnergies books Valaris drillship
Offshore drilling contractor Valaris has been awarded a one-well contract for a drillship with Total offshore Ivory Coast.
Subsea Integration Alliance expects soon EPCI contract confirmation from Equinor
Subsea Integration Alliance, the partnership between Subsea 7 and OneSubsea, is anticipating the final confirmation of an EPCI contract with Equinor for the Bacalhau field “in the near future”. If confirmed, the work scope will cover the engineering, procurement, construction and installation (EPCI)
Oldendorff Carriers bolsters fleet with newbuild, second-hand bulker purchases
German dry bulk operator Oldendorff Carriers has continued with the expansion of its fleet through several deals made with Japanese partners.
Eco Wave Power inks deal for wave energy project in Brazil
Swedish-Israeli company Eco Wave Power (EWP) has signed a memorandum of understanding (MoU) with the Pecém Complex for the implementation of its wave power plant in the facilities of Pecém Port in the northeastern Brazil.
Taking over where Faroe left off, Longboat to buy seven wells from mystery operator in Norway
Longboat Energy, established by the former management of Faroe, will carry out fundraising to pay for seven wells in Norway.
Floatel on a roll with another contract win
Offshore accommodation rig provider Floatel International has been awarded another contract, making it the third one in about a week.
NYK welcomes newbuild LNG carrier into the fleet
Japanese shipping major Nippon Yusen Kaisha (NYK) took delivery of a new liquefied natural gas (LNG) carrier Diamond Gas Crystal, built at Hyundai Samho Heavy Industries (HSHI).
Repairs on Johan Castberg FPSO hull to delay completion by a year
Due to challenges faced in constructing the hull and equipment for the Johan Castberg FPSO, the project is now about a year behind schedule.
Seabased to build utility-scale wave energy park in France
Swedish wave energy company Seabased has unveiled plans to build a 10MW wave power park at Audierne Bay, located in the French region of Brittany.
UK: New scheme emerges for rapid decarbonisation of oil & gas assets with floating wind and hydrogen
A plan to accelerate the decarbonisation of oil & gas assets through a 200-turbine floating wind and hydrogen development has been revealed.
Liquid Wind secures €4M for eFuel
Swedish power-to-fuel developer Liquid Wind has raised €4 million ($4.9) in equity investment for the development of eMethanol production facility.
Ulstein design for new Korean seismic research vessel
Ulstein has designed a new seismic research vessel for the Korea Institute of Geoscience and Mineral Resources (KIGAM). The 92-meter long and 21-meter wide vessel will be constructed at Hanjin Heavy Industries & Construction in South Korea. According to Ulstein, the SX134 design research vessel will