Solstad Shipholding, part of Norway’s Solstad Offshore (SOFF), has completed refinancing which is expected to create a robust industrial platform going forward. The completed refinancing includes equity contributions to Solstad Maritime Holding (SMH) of NOK 4 billion (around $384.2 million) in total
AIM-listed Europa Oil & Gas has got an extension for a license offshore Ireland from the Irish government’s DECC.
Qatar’s LNG heavyweight QatarEnergy and U.S.-based LNG importer Excelerate Energy have signed a long-term agreement for the supply of LNG from Qatar to Bangladesh. This sale and purchase agreement (SPA) will see Excelerate buy up to 1 million tons per annum (mtpa) of LNG from QatarEnergy to be deliv
Petrobras has achieved new oil and gas production milestones in 2023, exceeding its strategic plan 2023-27 guidance.
More than 100 offshore workers employed by Odfjell Technology have called off industrial action after securing improvements to working rotas.
Wind-assisted propulsion developers in the UK have secured major victories in the latest round of the Clean Maritime Demonstration Competition (CMDC), which has assigned £33 million (€38.6 million) for new technologies to 33 projects across all twelve regions of the UK. Leading the charge is GT Gree
Jan De Nul has signed an agreement with ABC Engines for the delivery of methanol marine engines for what is said to be the world’s largest cable-laying vessel (CLV). Jan De Nul has placed an order for four 7,200 kW engines and one 1,800 kW engine that can run on (bio)diesel, HVO and methanol with [&
An Odfjell Drilling-managed semi-submersible rig will be relocating to another well situated within license PEL 83 offshore Namibia.
API has joined dozens of other industry groups in urging the Biden administration to reject calls to halt permits for U.S. LNG export facilities.
Norway’s Solstad Offshore has placed an order with compatriot Omega Subsea Robotics for the delivery of six additional remotely operated vehicle (ROV) systems that will be integrated onboard its selected vessels this year. With six ROV systems already in place, this order doubles Solstad and Omega S
Copenhagen-based company Glentra Capital has acquired a controlling stake in Third Pillar Solar Renewables, a U.S. developer and operator of floating solar projects. Third Pillar’s projects, which vary in size from 3 to 200 MW, are set up on unused water bodies like reservoirs, wastewater treatment
Offshore drilling contractor Noble Corporation is determined to curb the carbon footprint from drilling operations.
The UK Government has allocated £33 million (€38.6 million) for new technologies to 33 projects across all twelve regions of the UK to deliver demonstrations, factory trials, and feasibility studies. The funding awarded through the Clean Maritime Demonstration Competition (CMDC) totals now £128 mill
Baron Oil has inked an agreement for the transfer of a partial stake in a gas field offshore Timor-Leste to Timor Gap.
