The global maritime industry faces unprecedented challenges due to rapidly changing market conditions and technological advancements driven considerably by the ever-stricter environmental regulations. The current model of maritime transport operations, which relies heavily on traditional practices,
Spanish oil company Repsol has implemented a well construction solution from Halliburton in order to automate and streamline its well design process. According to Halliburton, the Landmark DecisionSpace 365 Well Construction Suite and Digital Well Program will help Repsol standardize its well design
Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the Norwegian Sea.
Brazil’s Karoon Energy has stopped production from assets connected to an FPSO after running into an issue.
Partnership Terranova Hydrogen NV, comprised of Jan De Nul Group, DEME Group, and Aertssen Group, has joined forces with Luminus and Nippon Gases to build and exploit an installation for the production of green hydrogen on the ‘Zonneberg’ in Zelzate, Belgium. The partnership announced they want to w
Canada’s Hamilton-Oshawa Port Authority (HOPA), an integrated port network, has signed a memorandum of understanding (MoU) with Atura Power, a subsidiary of Ontario Power Generation (OPG), to acquire green hydrogen. HOPA, the largest Port on the Great Lakes operating multi-modal transportation facil
Eserv will boost Neptune’s portfolio of digitised assets to 14 by creating digital twins of two offshore platforms in the Dutch North Sea.
Prysmian and Vard have held the keel-laying ceremony for Prysmian’s new 171-meter cable-laying vessel which is set to start commercial operations by April 2025. The new vessel is identical to the Leonardo da Vinci, which was designed with input from Prysmian’s technicians and engineers. Prysmian exe
Jersey Oil & Gas (JOG) has agreed to farm out a partial stake in an asset on the UK Continental Shelf (UKCS) to NEO Energy.
Shell has entered into an agreement with QatarEnergy to sell a partial interest in a block located off the coast of Mauritania.
Seadrill has tucked “excellent” operational and strong financial performance under its belt during 2022 while expanding its rig fleet.
US-based company G2 Net-Zero has decided to drop plans to build a 1.3 million tonnes per annum (mtpa) LNG export facility in Louisiana. At the end of March, the company submitted a filing to the US Department of Energy (DOE) requesting to vacate its LNG export authorization to free trade agreement (
Over 20 oil and gas platforms are expected to bit hit as around 150 Sparrows Offshore Services’ contractors are set to start strike action from today, 5 April, UK’s Unite the union reported. A series of stoppages will continue up to 9 June by Sparrows’ contractors in a dispute over pay. The strike a
UAE-based port operator AD Ports Group has signed a General Corporate Facility agreement with a syndicate of 13 regional and international banks worth approximately $2 billion. The multi-currency facility is divided into three tranches, amounting to €600 million, $620 million, and AED 2,863 million,
