Marine engineering specialists TSG Marine is working on a molecular technology to support the offshore energy sector on its exit out of the COVID-19 crisis.
Italian oil major Eni is expecting to report impairments of around 3.5 billion euros (around $3.96 billion) as a result of a lower outlook for energy prices.
Equinor has signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development in Norway, following its work on phase 1.
Tanker owner and operator Ardmore Shipping Corporation has declined an acquisition proposal from Hafnia Limited, saying that the offer substantially undervalued Ardmore. Established ten years ago, Ardmore owns and operates a fleet of MR product and chemical tankers ranging from 25,000 to 50,000 dead
The Danish Energy Agency has approved the use of pipelaying vessels with anchors for the construction of the Nord Stream 2 pipelines. On 5 June 2020, Nord Stream 2 AG submitted a request to use pipelayers with anchors for the construction. Previously, the agency approved only the DP pipelaying vesse
Chief operations officer (COO) and executive director of London-listed oil explorer Hurricane Energy has passed away.
Independent energy company Viaro Energy has made an offer for the acquisition of the entire share capital of UK-based oil and gas company RockRose Energy.
Equinor has awarded Apply a framework agreement for engineering and installation services on the Statfjord field located in the North Sea.
A court in Scotland has slapped Greenpeace with an £80,000 ($100,000) fine for attempting to stop British oil major BP from drilling for new oil at the Vorlich offshore oil field.
Spirit Energy has drilled a dry well near the Johan Castberg field in the Barents Sea offshore Norway.
Oil and gas exploration firm Neptune Energy has hit hydrocarbons at the Dugong well in the Norwegian sector of the North Sea.
Dutch offshore services provider OOS International has expanded its portfolio with the acquisition of Leenaars Marine & Offshore Design (LMO).
COSL Drilling Europe has signed a letter of intent for the use of COSLInnovator rig on the Norwegian Continental Shelf starting early next year.
Offshore wind could become a $ 1 trillion industry over the next two decades, and renewable energy in general will create an investment opportunity of between $ 8 trillion and $ 16 trillion by 2030, according to some of the reports recently published. Meanwhile, oil & gas giants are making concrete
