Business & Finance
Maersk partners with Unilever on international logistics
Danish container shipping and logistics giant A.P. Moller – Maersk has entered into a strategic partnership with multinational consumer goods company Unilever on the ocean and air transport.
BP to raise its stake in ‘iconic’ UK field as Viaro heads out
BP is increasing its stake in a field located on the UKCS through a deal signed with Viaro Energy’s subsidiary RockRose Energy.
Industry players looking into eco-friendly seismic data collection
Equinor, Lundin, Shearwater GeoServices and Vår Energi have established a joint industry project seeking to develop a more environmentally friendly method for seismic data colletion.
DEME completes Dogger Bank inter-array cable trifecta
DEME Offshore has won the engineering, procurement, construction and installation (EPCI) contract for the inter-array cables at the Dogger Bank C offshore wind farm in the UK.
MOL and Vopak join in on FSRU for Hong Kong’s 1st LNG import terminal
Mitsui O.S.K. Lines (MOL) and Royal Vopak will jointly own MOL FSRU Challenger (soon renamed to Bauhinia Spirit) which will serve Hong Kong LNG Terminal Limited 1.
Aker BP sanctions North Sea discovery important for Ivar Aasen area
Aker BP and its licence partners have affirmed the investment decision for the development of a North Sea discovery.
Marine insurers agree framework to support green shipping
Six of the world’s leading marine insurers have launched an initiative to provide transparency on carbon emissions and support the shipping industry’s green transition.
BP picks contractors for UK’s landmark carbon capture and storage cluster prize
BP has selected two consortia of contractors to participate in a FEED competition to advance the development of one of the first decarbonised industrial clusters in the world.
UK specialist to develop maintenance strategy for DeNovo’s renewable-powered asset off Trinidad
Oil Plus has been awarded a contract by DeNovo to support the renewable energy powered Zandolie platform, located offshore western Trinidad.
UK pipeline technology firm changing hands
SRJ Technologies has executed a share purchase agreement (SPA) to acquire 100% of the issued share capital of UK-based pipeline technology firm STATS (UK) Limited, subject to customary conditions including the buyer obtaining shareholder approvals.
Norwegian player gets go-ahead to buy North Sea field stake from Repsol
Lime Petroleum has received approval from the authorities for the acquisition of Repsol’s interest in the Brage field, located off Norway.
AqualisBraemar LOC acquires UK marine consultancy from Damen
London-based energy and marine consultancy AqualisBraemar LOC (ABL) has completed the acquisition of the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyard.
Oil & gas on the rebound but tension will define 2022, Woodmac says
Wood Mackenzie believes that the oil and gas sector will continue to rebound in 2022, but the positive outlook will be tempered.
Noble rig gearing up for IOG well after two-month hiatus but first gas late
Following a two-month drilling hiatus over an issue with Noble’s rig, IOG plc is preparing to spud a development well in the North Sea.