ADES Holding Company has secured a long-term assignment for one of its jack-up rigs off the coast of Qatar.
Equinor’s net profit in 1Q 2024 has dropped by 46% compared to the figure recorded in 1Q 2023 amid a downturn in oil and gas prices.
Norwegian shipping company MPC Container Ships (MPCC) has signed a $55 million pre- and post-delivery ECA-covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings.
France-based shipping major CMA CGM and public sector investment bank Bpifrance have launched a €200 million fund dedicated to accelerating the energy transition in the French maritime industry.
The EU is one step closer to pulling out of the Energy Charter Treaty (ECT), as there is no end in sight for the stalemate over revamping its terms.
UK-based Exail has secured a contract with French maritime services provider Bourbon to deliver technology for multiple multi-purpose support vessels (MPSVs) that is expected to enhance the vessels’ efficiency in installation, maintenance and repair tasks for the oil & gas and offshore wind industri
Soiltech has secured another contract with Odfjell Drilling for the provision of its services to the UK player’s third semi-submersible rig.
Sintana Energy is entering a new license offshore Namibia, thanks to a deal with Crown Energy for the acquisition of a stake in Giraffe Energy.
Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of c
Afentra plc has received the Angolan government’s blessing for its acquisition of additional interest in two blocks off the coast of Angola.
Trident Energy has expanded its footprint on Africa’s oil and gas scene by inking strategic agreements with Chevron and TotalEnergies.
With natural gas prices being nearly cut in half, Italy’s energy giant Eni has seen a 46% drop in net profit in the first quarter of 2024 compared to the sum collected in the same period last year.
EIG-managed LNG company MidOcean Energy has completed the acquisition of Korea-based SK earthon’s interest in Peru LNG (PLNG).
Paris-headquartered cable systems designer and manufacturer Nexans has reported a record adjusted backlog of €6.7 billion for its Generation & Transmission segment, a 10.2% increase compared to December 2023, said to be mainly subsea-driven. In its financial results for the first quarter of 2024, Ne
