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Business & Finance

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Illustration; Source: Suncor
Business & Finance

Canadian oil & gas player runs into cyber security incident

Canadian energy company Suncor has experienced a cyber security incident and is working on sorting out the issue.

about 3 years ago
AURELIA RETROFIT
Business & Finance

AURELIA’s green retrofit package gets RINA’s nod

A green retrofit package solution designed by Dutch ship design company AURELIA in partnership with Econowind, Wattlab and Vertom has secured an Approval in Principle (AiP) from the Italian classification society RINA. The solution incorporates rigid sails, solar panels, batteries, optimized weather

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about 3 years ago
KCC CABU SIGNING
Business & Finance

KCC seals deal for 3 wind-assisted CABU III ships

Norway-based shipowner Klaveness Combination Carriers ASA (KCC) has concluded the shipbuilding contract for the construction of three third-generation CABU vessels with Jiangsu New Yangzi Shipbuilding Co. Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co. The contract is in line with the Letter of Inten

about 3 years ago
Prysmian's new cable-laying vessel named after famous painting
Business & Finance

Prysmian’s new cable-laying vessel named after famous painting

Italy’s cabling giant Prysmian has selected the name for its new cable-laying vessel (CLV), said to reflect a strong connection with its sister vessel Leonardo da Vinci. The new 171-meter-long CLV, currently being built by Vard in Romania, will be named Monna Lisa. The name was chosen through an int

about 3 years ago
Lycaste Peace
Business & Finance

Astomos, Inpex in Middle East’s 1st ever VLGC biofuel bunkering

Japanese LPG trader and importer Astomos Energy Corporation and compatriot energy company Inpex Corporation have completed the supply of B24 biofuel bunker to a Very Large Gas Carrier (VLGC) chartered by Astomos. The endeavor marks the first-ever biofuel supply to a VLGC in the Middle East. Biofuels

about 3 years ago
Gjøa platform; Source: Neptune Energy
Business & Finance

Eni and Vår Energi paying $4.9 billion for Neptune’s entire oil & gas portfolio, bar German business

Eni and Vår Energi will acquire Neptune’s entire portfolio, aside from its business in Germany, for an aggregate enterprise value of $4.9 billion.

11 minutes read
Uranus rig; Source: Trillion Energy
Business & Finance

Well perforation unleashes more Black Sea gas

Trillion Energy has wrapped up recompletion work at the third well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea

about 3 years ago
Noble Valiant drillship; Source: Noble Corp
Business & Finance

Offshore worker medevaced from Noble’s drillship

The U.S. Coast Guard has performed an evacuation via helicopter of a 54-year-old male worker from Noble’s drillship off Louisiana.

about 3 years ago
FPSO Petrojarl I; Source: Enauta
Business & Finance

With preventive maintenance mode turned off, Brazilian FPSO back online

Enauta has concluded a scheduled maintenance shutdown for an FPSO, which is currently working on a field offshore Brazil.

about 3 years ago
Paul B. Loyd Jr. rig; Source: Transocean
Business & Finance

On fleet expansion quest, Dolphin Drilling snaps up two Transocean rigs

Dolphin Drilling is in the process of buying two rigs from Transocean for a total of $61.5 million, plus an additional $3 million.

about 3 years ago
Mist rig; Source: Borr Drilling
Business & Finance

More work for Borr Drilling rig off Thailand

Borr Drilling has secured a contract extension for one of its jack-ups, which will enable the rig to continue its assignment off Thailand.

about 3 years ago
ONE Parana
Business & Finance

Seaspan equips entire fleet with SpaceX’s Starlink

Hong Kong-based containership owner Seaspan Corporation revealed that it has become the first major owner/operator of containerships to equip its entire fleet with Starlink’s low-latency, and high-bandwidth service. Seaspan Corporation’s announcement of its partnership with SpaceX’s Starlink comes a

about 3 years ago
PXGEO secures 10-month survey gig with Petrobras
Business & Finance

PXGEO secures 10-month survey gig with Petrobras

Marine geophysical services provider PXGEO has secured a contract with Brazilian state-owned oil and gas giant Petrobras for a 3D ocean bottom node (OBN) survey offshore Brazil. The survey will be acquired in the Campos Basin at water depths of 2,300 meters. According to PXGEO, the duration of the w

about 3 years ago
Venture Global and SEFE ink 20-year LNG supply deal
Business & Finance

Venture Global and SEFE ink 20-year LNG supply deal

US-based Venture Global LNG and Germany’s Securing Energy for Europe (SEFE) have entered a long-term sales and purchase agreement (SPA) under which SEFE’s subsidiary WINGAS will purchase 2.25 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from CP2 LNG, Venture Global’s third project,

about 3 years ago