Business & Finance
Petrobras kicks off binding phase for Ceará Cluster sale
Brazilian oil major Petrobras has kicked off the binding phase for the sale of its ownership in shallow-water fields in the Ceará Cluster offshore Brazil.
First Gen eyes small-scale LNG development
FGEN LNG, a unit of First Gen Corporation, is looking into the potential small-scale LNG development in the First Philippine Industrial Park (FPIP).
Apache sets aim for fifth Suriname well
Oil and gas company Apache Corporation has selected its fifth exploration well offshore Suriname in Block 58 and filed appraisal plans for two previous discoveries.
North East England’s offshore wind supply chain holds 4,500 new jobs
In the next five years, the offshore wind supply chain could create 4,500 new jobs in the North East England, with the turnover of the UK region’s supply chain companies to more than double in their offshore wind activities over the same period. This is according to the Supply Chain Mapping 2020 res
Shell gets extra time to process data for North Sea gas prospect
Oil major Shell has reaffirmed its commitment to drill an exploration well on the Pensacola gas prospect in the UK North Sea.
Maersk Drilling wins new job in Dutch North Sea but loses another one in UK
Maersk Drilling has secured a contract from Petrogas in the Dutch North Sea for the harsh environment jack-up rig Maersk Resilient but it has also received a cancellation for a UK North Sea job.
Prosafe cuts losses despite lower revenues hit by Covid-19 and oil price crash
Prosafe has managed to reduce its quarterly loss despite lower revenues due to lower fleet utilisation and average day rates.
Petrobras sets up exec team to lead transition to low-carbon
Petrobras has decided to create a climate change executive management, reinforcing the growing importance of the activities related to the low-carbon transition.
Siemens Gamesa produces 500th offshore wind turbine nacelle in Cuxhaven
Siemens Gamesa has produced the 500th nacelle for an offshore wind turbine at its manufacturing plant in Cuxhaven, Germany. The milestone was reached with a nacelle for the Hornsea Two offshore wind farm in the UK. The offshore nacelle manufacturing plant in Cuxhaven was opened in 2017 and regular o
Shell joins South African block close to Total’s gas discoveries
Impact Oil & Gas has entered into an agreement with Shell for the farm-out of a 50% working interest and operatorship in a block offshore South Africa.
BP to sell London headquarters for $324 million
Oil major BP is reportedly close to selling its global headquarters in central London for around $324,4 million under an accelerated schedule for the overhaul of the company.
MSC buys six German boxships
Swiss container shipping giant Mediterranean Shipping Company (MSC) has dived into the secondhand market, acquiring six Post-Panamax units.
PGNiG charters Knutsen duo to ferry U.S. LNG to Poland
Polish Oil and Gas Company (PGNiG) has chartered two liquefied natural gas carriers from Knutsen OAS Shipping to transport U.S. LNG volumes to Poland.
Tamarind buys Galoc FPSO from Rubicon
Tamarind Resources has bought the FPSO Rubicon Intrepid, which is operating on the Tamarind-operated Galoc field located offshore Philippines, from Rubicon.