Business & Finance
Worley gets engineering, procurement gig on Ithaca’s Captain field
Australian engineering company Worley has been awarded a two-year contract for the provision of engineering and procurement services to Stage 2 of Ithaca Energy’s Captain enhanced oil recovery (EOR) project in the central North Sea.
Global Ship Lease adds 12 boxships
London-based containership charter owner Global Ship Lease (GSL) has signed a deal to buy twelve secondhand containerships from Borealis Finance LLC.
Seatronics and SES team up to increase subsea equipment rental reach
Subsea equipment rental company Seatronics, an Acteon company, and hydrographic equipment provider Subsea Europe Services (SES) have signed a reseller agreement to expand subsea equipment rental reach.
SCF inks time-charter contracts for two LNG-fueled tankers
Rusia’s largest shipping company Sovcomflot (SCF Group) and LNG supplier Sakhalin Energy have signed long-term time-charter contracts for two existing LNG-fuelled tankers of SCF’s Green Funnel series.
GasLog goes private
Greek LNG shipper GasLog reveals its shareholders have voted to approve the proposed transaction with an affiliate of New York-based investment giant BlackRock.
Norway to open new offshore wind lease areas
Norway will open up new areas for the development of offshore wind projects, the country’s Minister of Petroleum and Energy Tina Bru said. The move is a response to the demands from the local industry which last year recorded an NOK 11 billion (around €1.1 billion) international turnover in goods an
Sonardyne sets goal to become carbon neutral by 2026
UK marine technology company Sonardyne has set the goal to reach net zero by the end of 2025, becoming the first company of its type in the UK subsea industry to set such an ambitious target. The goal covers direct and indirect emissions, including those associated with manufacturing, as well as sup
Ocean Infinity continues acquisition spree, buys UK maritime firm
Marine robotics company Ocean Infinity has purchased the UK-based maritime services company, Ambrey.
Aker Solutions delivers fourth Johan Sverdrup jacket
Aker Solutions has delivered yet another steel substructure for the largest industrial project ever in Norway, Equinor’s Johan Sverdrup field.
Tailwind wraps up Decipher Energy takeover
UK-based oil and gas company Tailwind Energy has completed its acquisition of Decipher Energy, which owns several assets in the UK North Sea.
Stena Drilling takes stake in digital offshore lifting tech firm
Stena Drilling has made a move to acquire a 30 per cent stake in Intebloc, a specialist digital lifting technology solutions provider.
AqualisBraemar LOC gets to work on DolWin5
London-based consultancy AqualisBraemar LOC has secured a contract to provide marine warranty services for the export cable installation of the DolWin5 offshore grid connection project in Germany. The scope of work covers all marine transportation and installation operations relating to the laying o
Transocean delays deliveries for the world’s first 8th gen ultra-deepwater drillships
Transocean has agreed with Sembcorp Marine’s subsidiary, Jurong Shipyard Pte, on the delayed delivery of two ultra-deepwater drillships.
CMA CGM reports strong Q1
French container shipping major CMA CGM closed the first quarter of this year with strong earnings growth.