
Westwood says offshore rig scrapping is at its lowest level in years, as the offshore drilling market’s recovery intensifies.

Malaysian energy major Petronas has inaugurated LNG bunkering business with its long-term Chinese partner Tiger Gas through its Petronas Marine brand. The inauguration follows the completion of Petronas’ maiden ship-to-ship LNG bunkering operation of approximately 500 tonnes of LNG for Tiger Gas’ Ti

Denmark-headquartered Maersk Supply Service has won a three-year contract with Brazilian oil and gas giant Petrobras for three of its anchor handlers to be deployed offshore Brazil. The L-class anchor handlers Maersk Leader, Maersk Launcher and Maersk Lancer have been delivered in Brazil and will pe

Kongsberg Digital has been hired by Chevron to handle the digitalisation of the oil major’s global assets with digital twin technology.

Norwegian company Breeze Ship Design has acquired Varshyp Design in Varna, Bulgaria, an engineering firm specialized in all fields required for ship design, marine engineering and marine consultancy.

Shearwater GeoServices has secured a third project offshore South Korea with Korea National Oil Corporation (KNOC). Under the contract, Shearwater GeoServices will deliver a 3D streamer survey covering 1,200 square kilometers. “We are proud to again have been chosen by KNOC for an important survey i

Baker Hughes has joined forces with BP to further define and develop its new integrated suite of solutions for asset performance management and process optimisation.

Chariot has completed the front-end engineering and design (FEED) on the key components of its flagship gas project offshore Morocco.

Texas-headquartered Perma-Pipe International Holdings has secured a contract of over $9 million for Beacon Offshore’s Winterfell Project in the U.S. Gulf of Mexico. The contract will see Perma-Pipe’s FLOW-THERM subsea wet insulation applied to the flowline that forms a part of the Winterfell Project

Chevron and JERA have joined forces to explore carbon capture and storage (CCS) projects in the United States and Australia.

Seadrill has secured a contract extension for one of its drillships, which will continue to carry out operations in the U.S. Gulf of Mexico.

Aker BP has received consent from Norway’s regulator to use one of Noble’s rigs at a field located in the North Sea off Norway.

Vard, a subsidiary of Fincantieri, has signed a contract with an international shipping company for the design and construction of a new cable-laying vessel. The 95-meter-long vessel will be built entirely by the Vard network, including the main systems and equipment. It will comprise 60 single cabi

Tanzania’s Ministry of Energy has announced on Twitter that the negotiations for the construction of a $30 billion liquefied natural gas (LNG) terminal between Tanzania, Norway’s Equinor, and UK’s Shell are complete and experts are now writing contracts. The ministry notified the public that Tanzani