Business & Finance
Alfa Laval joins Liquid Wind
Swedish-based heat transfer, centrifugal separation, and fluid handling specialist Alfa Laval has become a partner in the Swedish company Liquid Wind, which develops electro-fuel facilities to produce renewable clean fuels. The fuels are intended to be used primarily by marine and road transport amo
BP to reach $35bn net debt target early
BP expects to reach its $35 billion net debt target in 1Q 2021, one year ahead of schedule, as a result of earlier delivery of disposal proceeds.
Tech trio invest in FiveT Hydrogen Fund
Plug Power, Chart Industries and Baker Hughes have teamed up as cornerstone investors in FiveT Hydrogen Fund.
HydraWell tech chosen for Kinsale decommissioning
Well integrity specialist HydraWell has been awarded a multi-year contract with PSE Kinsale Energy to support a major decommissioning project in Ireland.
Well-Safe preparing for rig acceptance audits
Well-Safe Solutions has completed the intake of its new asset, the Well-Safe Protector, and is now preparing for rig acceptance audits in the coming weeks.
Equinor halts Mariner flights as helicopter gets stuck
Crew changes on the Equinor-operated Mariner platform located off the UK have been suspended after a helicopter got stuck on the platform.
Fluxys reports records at Zeebrugge LNG
Gas infrastructure company Fluxys reported significant jump in activities at the Zeebrugge LNG facility.
Romgaz places bid to buy ExxonMobil subsidiary in Romania
Romanian oil and gas company Romgaz has filed a takeover offer for ExxonMobil’s subsidiary in Romania which holds a share in a Black Sea offshore block.
Navios Partners wraps up Navios Containers acquisition
Dry cargo vessel owner and operator Navios Maritime Partners has completed the acquisition of container shipping company Navios Maritime Containers.
THREE60 wins 5-year deal with OMV in Norway
Energy services company THREE60 Energy has been awarded a new framework agreement with Austria’s oil and gas company OMV for operations in Norway.
TechnipFMC concludes share purchase deal with Bpifrance
Bpifrance, a substantial shareholder of TechnipFMC, has agreed to an investment of $100 million in Technip Energies, which has been acquired from TechnipFMC’s retained stake in the company.
Premier Oil and Chrysaor formally become Harbour Energy
The completion of the all-share merger of Chrysaor and Premier Oil has formally been completed and the company, named Harbour Energy, will be admitted to trading on the London Stock Exchange from 1 April 2021.
Russia’s Lukoil gives up on FAR takeover plans
Russia’s Lukoil will not be proceeding with its previous plans to take over Australia’s FAR Limited and enter the Sangomar project located offshore Senegal.
ST3 Offshore still looking for a buyer, lowers selling price
The bankrupt Polish offshore wind foundation manufacturer, ST3 Offshore, has not found a buyer through a tender issued in the second half of February, and has now opened a new tender with a 10 per cent lower starting price. The new tender, open for bidding until 14:00 on 14 April, offers a starting