Wednesday, February 12, 2025

BP’s Shares Soar on Elliott Stake Increase

Oil and Gas: BP’s Shares Soar on Elliott Stake Increase - Shares in BP rose by 7% to their highest since August in early trade on Monday, after investor Elliott Management built a…

Source Galileo, Portland Port to Progress Offshore Wind in...

Renewable Energy : Source Galileo, Portland Port to Progress Offshore Wind in English Channel - Renewable energy company Source Galileo has signed a non-exclusive memorandum of understanding (MoU) with Portland Port,…

Van Oord’s Nexus CLV Gets Emissions Reduction Upgrade

Decarbonization: Van Oord’s Nexus CLV Gets Emissions Reduction Upgrade - A series of advanced selective catalytic reduction (SCR) systems has been installed on Van Oord’s cable-laying vessel (CLV)…

Strategic Marine to Build Survey Vessel for Odyssey Group

Vessels: Strategic Marine to Build Survey Vessel for Odyssey Group - Singaporean shipbuilder Strategic Marine has signed a shipbuilding contract with Odyssey Group for a multi-purpose survey vessel…

TGS Nets Two 4D Streamer Contracts Offshore Norway

Norwegian Sea: TGS Nets Two 4D Streamer Contracts Offshore Norway - Norwegian seismic firm TGS has secured two 4D streamer contract acquisition projects, one in the North Sea and the other in the Norwegian Sea…

Norway Clears Equinor for Drilling in Barents Sea

Industry News: Norway Clears Equinor for Drilling in Barents Sea - The Norwegian Offshore Directorate has granted Equinor a drilling permit for an exploration well in the Barents Sea.The permit…

Eni Refutes Exmar’s Bonus Claims for Tango FLNG Unit in...

Production: Eni Refutes Exmar’s Bonus Claims for Tango FLNG Unit in Congo - Italian energy giant Eni has refuted the Belgian contractor Exmar’s claims over its entitlement to bonus payment for the…

Malaysia's Petronas Plans Job Cuts

Industry News: Malaysia's Petronas Plans Job Cuts - Malaysia's state energy firm Petronas will reduce its workforce to ensure its long-term survival amid increasing challenges…

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