Business & Finance
KrisEnergy’s Apsara platform on its way to Gulf of Thailand
KrisEnergy’s minimum facilities wellhead platform for the Apsara oil development offshore Cambodia Block A has been completed and the topsides and jacket are being transported to Cambodian waters in the Gulf of Thailand for installation.
Old Dominion Uni gets grant to study offshore wind impact on military
Virginia’s Old Dominion University has won a USD 775,000 grant from the U.S. Department of Defense to study mitigation solutions for offshore wind projects in relation to the military. The grant is expected to help create a wind energy siting solution to mitigate the effects of location decisions on
Singapore regulator clears HHI-DSME $1.8 billion tie-up
The Competition and Consumer Commission of Singapore has cleared the proposed merger between Korean shipbuilding majors Korea Shipbuilding & Marine Engineering (KSOE), formerly known as Hyundai Heavy Industries, and Daewoo Shipbuilding & Marine Engineering (DSME). The competition authority said the
Cheniere closes Sabine Pass LNG due to Hurricane Laura
Cheniere has suspended operations at its Sabine Pass liquefaction plant in Louisiana as Hurricane Laura approaches the US Gulf Coast. The 25 mpta facility has currently five operational trains and is adding an additional unit boosting the total capacity to 580 LNG cargoes per year. “After consulting
NYSE to delist Valaris stock following Chapter 11 filing
Valaris has received a notice of immediate suspension of trading and delisting of common stock from the New York Stock Exchange (NYSE).
Melbana sees increase in Beehive prospect reserves
Melbana Energy has reported a modest increase in the best estimate prospective resource of the Beehive Prospect, located in WA-488-P offshore Australia.
New team member joins Corpower Ocean in Portugal
CorPower Ocean has appointed Miguel Silva as head of its Portuguese operation. The news comes after CorPower revealed plans for a new EUR 16 million R&D, Manufacturing and Service Centre in Viana do Castelo, Portugal, becoming a core focus for the firm’s HiWave-5 Project with a showcase pilot wave f
Lundin Energy picks new chief operating officer
Swedish oil company Lundin Energy has named a new chief operating officer (COO) of the company after the previous COO was promoted to the chief executive officer (CEO) role.
Maersk invests in Australian tech startup
Danish container shipping major A.P. Moller – Maersk has unveiled its investment in Australian tech startup Ofload, formerly called Loadsmile.
Shell closes farm-in deal for two UK licences with Egdon
Shell has completed a farm-in agreement with Egdon Resources in respect of two offshore licences, which contain the Resolution and Endeavour gas discoveries off the UK.
Noble Energy shareholders get the date for Chevron merger vote
Noble Energy has scheduled a special meeting of shareholders for the approval of its merger with Chevron following the clearance of one of the regulatory hurdles.
Africa Energy boosts interest in Total’s South African block
Africa Energy has signed definitive agreements to increase its effective interest in the Total-operated Block 11B/12B, located offshore South Africa.
Equinor takes first offshore wind step in Brazil
Equinor has submitted an application to the Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) for an environmental impact assessment needed to further look into the possibility of developing an offshore wind project in Brazil. A spokesperson from Equinor told Offshore WIND t
SBM Offshore moves to sell DSCV SBM Installer
Dutch SBM Offshore is preparing to sell the DSCV SBM Installer by acquiring the entire stake in a company holding the vessel, which is jointly owned with Ocean Yield.