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Business & Finance

Equinor and ONGC seal the deal to jointly work on energy projects in India
Business & Finance

Equinor and ONGC seal the deal to collaborate on energy projects in India

Equinor has joined forces with ONGC to participate in energy projects in India such as CCS, low carbon fuels and renewables.

about 4 years ago
Geodynamics orders offshore wind survey vessel from All American Marine
Business & Finance

Geodynamics orders offshore wind survey vessel from All American Marine

Washington-based All American Marine (AAM) has won a contract to build a research and hydrographic survey vessel for Geodynamics, an NV5 company, that will be used in the offshore wind market. The R/V Shackleford, named after the southernmost barrier island in the Cape Lookout National Seashore chai

about 4 years ago
Maersk Invincible jack-up rig
Business & Finance

Another Maersk rig to get low-emission upgrade ahead of new gig

Maersk Drilling has secured a contract with Aker BP, who will employ an ultra-harsh environment jack-up rig at the Ivar Aasen field offshore Norway.

about 4 years ago
Morlais Demonstration Zone (Courtesy of Welsh Government)
Business & Finance

Op-ed: What the UK energy security strategy means for wave and tidal stream energy

In an op-ed piece, Richard Arnold, policy director at the UK Marine Energy Council discusses the recently published British Energy Security Strategy, and what it means for UK’s wave and tidal stream energy industries.

about 4 years ago
ZTT's new factory delivers first subsea cable
Business & Finance

ZTT’s new factory delivers first subsea cable

China’s ZTT Submarine Cable & System has delivered the first medium-voltage cable from its new subsea cable factory in Shanwei, Guangdong Province. The medium-voltage production lines at the new factory were calibrated and put into commercial operation on 9 September 2021. The first local medium vol

about 4 years ago

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ETAP facility in the North Sea - BP
Business & Finance

BP makes headway with plans to develop North Sea oil field

Oil and gas major BP is moving ahead with plans for the development of the Murlach field in the UK North Sea.

about 4 years ago
TotalEnergies picks TechnipFMC subsea production systems off Angola
Business & Finance

TotalEnergies picks TechnipFMC subsea production systems off Angola

TechnipFMC has signed a frame agreement with TotalEnergies for the delivery of subsea production systems offshore Angola. Under the agreement, TechnipFMC is set to deliver its Subsea 2.0 production systems for brownfield developments in Block 17 in Angola. “Subsea 2.0 products use standardized compo

about 4 years ago
Brand-new deal supports UAE player’s tightening market expectations
Business & Finance

Brand-new deal supports UAE player’s expectations of tightening market

Gulf Marine Services (GMS) has won a new long-term deal for one of its small-size class vessels with a higher day rate.

about 4 years ago
Jera wraps up Barossa stake acquisition from Santos and joins Darwin LNG
Business & Finance

Jera wraps up Barossa stake acquisition from Santos and joins Darwin LNG

JERA has completed acquisition of a 12.5 per cent stake in the Barossa gas field from Santos, joining the Darwin LNG project in Australia.

about 4 years ago
CalWave's x1 wave energy device ahead of deployment (Courtesy of CalWave)
Business & Finance

CalWave finds local partner to deliver wave energy projects in Alaska

California-based wave energy developer CalWave Power Technologies has signed a memorandum of understanding (MoU) with Launch Alaska, establishing a formal partnership to advance planning of wave energy projects in the state of Alaska.

about 4 years ago

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AET brings in second dual-fuel vessel built for TotalEnergies
Business & Finance

Asian operator brings in second dual-fuel vessel built for TotalEnergies

AET has taken delivery of the second dual-fuel VLCC, which was purpose-built for a long-term charter with TotalEnergies.

about 4 years ago
Havila offloads two vessels in fleet reshuffle
Business & Finance

In pursuit of restructuring goals, Havila sees the back of two vessels

Havila Shipping has sold two of its platform supply vessels to an undisclosed buyer in a bid to pursue its restructuring strategy.

about 4 years ago
As CEO steps down, Chinese player takes advantage to promote three to senior management
Business & Finance

As CEO steps down, Chinese player promotes from within to fill the gap

CNOOC has revealed several changes to its board of directors and senior management team after its CEO decided to resign from the role.

about 4 years ago
UK - North Sea
Business & Finance

New North Sea projects targeting 1.3 billion barrels of oil and gas

The annual performance review for the UK’s top producers highlighted 33 new projects targeting 1.3 billion barrels of oil and gas.

about 4 years ago