Business & Finance
Vysus scores work on Oseberg field from Aibel
Global engineering and technology consultancy Vysus Group, formerly known as Lloyd’s Register Energy, has secured a contract with Aibel for work on Equinor’s Oseberg field centre.
Ocean Infinity adds survey specialist MMT
Houston-based marine robotics company Ocean Infinity has acquired Swedish marine survey specialist MMT. Ocean Infinity believes that the combined force will maximise the potential of its fleet of autonomous underwater vehicles (AUVs), and the soon to be launched Armada fleet of uncrewed, low-emissio
Saipem in decarbonisation push with new collaboration deal
Oilfield services provider Saipem has signed a collaboration agreement with Elkem to evaluate new opportunities in the entire CO2 capture and storage chain.
ExxonMobil names two new board members
U.S. energy major ExxonMobil Corporation has appointed two new members of the company’s board of directors.
Hurricane delays plans for new Lancaster well
Hurricane Energy has decided to postpone the drilling of a second production well on the Lancaster field off the UK due to the complex nature of the well.
Ørsted opens applications for apprenticeship programme
Ørsted has opened up applications for its wind turbine technician apprenticeship programme in the UK. The programme spans across three and a half years and sees apprentices studying locally for their first year before getting hands on experience working offshore and across the company in their secon
TORM acquires Team Tankers’ MR fleet
Danish shipping company TORM has entered into an agreement to buy eight MR product tankers from Bermuda-based Team Tankers Deep Sea Ltd. for a total cash consideration of $82.5 million and the issuance of 5.97 million shares.
Trelleborg gets rid of UK offshore oil & gas operation
Swedish Trelleborg has signed an agreement and finalized the divestment of its offshore operation in Skelmersdale, England.
Chevron backs Swedish geothermal energy business
U.S. oil major Chevron has continued with its latest wave of investments in low-carbon and renewable businesses and technologies with the latest one going to a Swedish geothermal firm.
ADNOC buys Middle East assets of UK-based offshore logistics provider
ADNOC Logistics & Services has made a move to acquire all of the UAE-based assets of Speedy Hire, a UK provider of tools and equipment.
Petronas launches 2021 Malaysia bid round
Malaysia’s state-owned oil company Petronas has launched the Malaysia Bid Round (MBR) 2021 with 13 exploration blocks on offer.
Baker Hughes and Akastor create new offshore drilling solutions player
Baker Hughes and Akastor have announced an agreement to create a joint venture company, that will deliver an offshore drilling equipment offering.
Samsung C&T bags LNG expansion deal from Qatar Petroleum
Qatar Petroleum has contracted Samsung C&T Corporation for the expansion of the LNG storage and loading facilities in Ras Laffan, as part of the North Field East project.
Neptune kicks off appraisal drilling at Dugong discovery
Neptune Energy and its partners in the Dugong licence have started drilling on the Dugong appraisal well, located in the Norwegian sector of the North Sea.