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Business & Finance

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How Noble rigs fare and what are they up to?
Business & Finance

How Noble rigs fare and what are they up to?

Read about Noble Corporation’s financial update and new contracts and extensions for its rig fleet in the U.S. Gulf of Mexico and Nigeria.

about 3 years ago
New vessel joins Türkiye’s fleet as Black Sea project nears first gas
Business & Finance

New vessel joins Türkiye’s fleet as Black Sea project nears first gas

Türkiye’s new vessel will soon be going on its first mission in the Black Sea, working on giant project in preparation for the first gas.

about 3 years ago
Eni and Sonatrach join forces to curb emissions and bolster energy security
Business & Finance

Eni and Sonatrach join forces to curb emissions and bolster energy security

Eni and Algeria’s Sonatrach have inked strategic agreements to accelerate the reduction of emissions and strengthen energy security.

about 3 years ago
Minesto’s Dragon 4 tidal energy kite (Courtesy of Minesto)
Business & Finance

Minesto strengthens tidal energy buildout plans for Faroe Islands

Swedish marine energy company Minesto and Faroese utility company SEV have renewed and expanded the collaboration agreement related to tidal energy buildout in the Faroe Islands.

about 3 years ago
PGS scores new seismic acquisition deal in Mediterranean
Business & Finance

PGS scores new seismic acquisition deal in Mediterranean

Petroleum Geo-Services (PGS) has secured a contract with an undisclosed international energy company to carry out a 3D exploration acquisition contract in the Mediterranean.

about 3 years ago
Noble rig spuds prospect offshore Guyana
Business & Finance

Noble rig spuds exploration well offshore Guyana

CGX Energy and Frontera Energy have started drilling an exploration well offshore Guyana with one of the Noble Corporation-owned rigs.

about 3 years ago
Hoglund
Business & Finance

Eitzen takes majority stake in Høglund Marine Solutions

Oslo-based Eitzen Group has become a majority shareholder in Høglund Marine Solutions, a compatriot provider of sustainable automation and energy solutions for the maritime industry. Høglund designs and develops smart automation, energy, and digital solutions targeting the optimization of vessels’ o

about 3 years ago
CETO Wave Energy Ireland’s engineer preparing tank equipment (Courtesy of Carnegie Clean Energy)
Business & Finance

Carnegie and HPE extend collaboration on wave energy tech

Carnegie Clean Energy and Hewlett Packard Enterprise (HPE) have extended their collaboration agreement and will continue to work together on innovations in the wave energy sector for another two years.

about 3 years ago
New FPSO sets sail for BP’s giant gas project
Business & Finance

New FPSO sets sail for BP’s giant gas project

BP has revealed that an FPSO destined for its Greater Tortue Ahmeyim LNG project has embarked on its journey to Mauritania and Senegal.

about 3 years ago
ExxonMobil books new vessel for decom ops offshore Australia
Business & Finance

ExxonMobil books new vessel for decom ops offshore Australia

Esso Australia, a subsidiary of ExxonMobil, has entered into an agreement to charter the Helix Q7000 semisubmersible vessel to support decommissioning activities in Gippsland Basin offshore Australia.

about 3 years ago
Beihai Shipbuilding
Business & Finance

Fredriksen buys 4.6 million more shares in Euronav as arbitration over failed merger looms

Famatown Finance Limited, a company controlled by shipping magnate John Fredriksen, has acquired 4,653,000 additional shares in Belgian tanker shipping company Euronav. Together with related companies, Famatown holds 45,641,478 shares in Euronav or 22.62% stake. The move has brought Fredriksen close

about 3 years ago
U.S. offshore rig count takes a downward plunge
Business & Finance

U.S. offshore rig count takes a downward plunge

Baker Hughes’ weekly rig count report says that the number of offshore rigs in the U.S. took a nosedive last week and fell by 3 units.

about 3 years ago
Ursula von der Leyen, President of the European Commission
Business & Finance

In focus: Energy transition caught between cooperation and fragmentation

The world’s business and political leaders gathered this week for the World Economic Forum’s annual event in Davos to discuss global challenges and the way forward. The topic of the weeklong event is ‘Cooperation in a Fragmented World’, highlighting the need to work together to overcome the perfect

about 3 years ago
Consortium lands deal for project at world’s largest offshore sour gas development
Business & Finance

Consortium lands deal for project at world’s largest offshore sour gas development

ADNOC has handed out a letter of award (LOA) related to offshore facilities for a giant offshore gas development to a consortium led by NPCC.

about 3 years ago
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