Business & Finance
Two rival players get green light for merger plans
The Norwegian Competition Authority raises no objections to the business combination proposed by Maersk Drilling and Noble Corporation.
In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic
Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, l
Novatek: 2021 natural gas and LNG production and sales climbed
Russia’s natural gas producer Novatek published its 2021 preliminary operating data showing that both production and sales of natural gas, including LNG, went up compared to 2020.
TotalEnergies adds extra Suriname well to Maersk rig’s backlog
TotalEnergies has decided to exercise its option for one additional well to be drilled by the Maersk Drilling-owned Maersk Valiant rig.
TechnipFMC delisting from Euronext Paris, sells more shares in Technip Energies
TechnipFMC is proceeding with the voluntary delisting of its shares from Euronext Paris, following the partial spin-off of Technip Energies and the progressive selldown of its remaining ownership stake. After a comprehensive review of its strategic objectives, TechnipFMC said it has refocused as a p
Driven by robust offshore oil production, demand for shuttle tankers set to rise, Rystad says
Rystad’s analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade.
Bahri signs logistics deal with Saudi mining company
Bahri, the national shipping carrier of Saudi Arabia, has signed a memorandum of understanding (MoU) with compatriot mining company Ma’aden to strengthen its logistics sector ties.
Carnarvon on track with Buffalo drilling ops in Timor Sea
Carnarvon Energy has confirmed the drilling operations at its Buffalo-10 well, located offshore Timor-Leste, are progressing as scheduled.
NOIA sees Gulf Coast’s potential for global CCUS hub
NOIA anticipates the Gulf Coast could turn into a global CCUS hub, positioning the emerging U.S. CCUS sector as a top-tier market player.
DOF Subsea lands two new jobs
Norway-based subsea and marine services provider DOF Subsea has secured more work for its construction support vessels (CSVs) Skandi Acergy and Skandi Constructor. A “key renewables client” awarded Skandi Acergy with an extension of an ongoing subsea construction contract in the North Sea. In direct
VesselsValue acquires Norway’s shipping analyst
The UK-based online valuation and data provider, VesselsValue, has acquired Norwegian shipping research and advisory company, ViaMar.
Aker Solutions appoints new exec while high demand spurs further headcount increase
Aker Solutions has appointed a new senior vice president for communications as growing demand for services spurs further headcount increase.
Prysmian to work on first Middle East subsea transmission system
Prysmian has entered into a Limited Notice to Proceed (LNTP) for the supply of power cables for what is said to be the first-of-its-kind high-voltage, direct current (HVDC-VSC) subsea power transmission system in the Middle East. Prysmian received the €220 million LNTP from Samsung C&T as part of it
French player and Identec get ‘remarkable results’ for pilot project involving Shell’s fleet
Opsealog and Identec have teamed up to optimise vessel operations and carried out a successful pilot project with Shell’s fleet in Nigeria.