Qatar Petroleum raised the official selling prices (OSP) of its marine and land crudes in December, a pricing document posted on its website showed on Tuesday.Qatar marine was set at a premium of $2.20/barrel over the Dubai/Oman crudes average and Qatar land was priced at a premium of $2…
Norway-based IKM Testing has acquired 70% of the shares in Alfa Solution AS, a distributor of shrink wrap materials, tape, installation supplies and heat tools for the industrial, construction, transport, and marine markets. Alfa Solution has now changed its name to IKM Alfa Solution AS…
Dutch company Barge Master earlier this year said it had developed a motion-compensated feeder solution for the next generation of offshore wind turbines, called BM-Feeder.The company at the time said that its motion-compensated platform could…
Eidesvik Offshore, a Norwegian offshore support vessel owner, has signed a deal with oil firm Aker BP and Alma to investigate the possibility of using Alma's fuel cell technology to accelerate the transition to zero-emission shipping.Alma is…
Ghana's deputy energy minister said on Tuesday that he recognizes the need for an energy transition but still strongly believes that gas will be an important source of energy going forward.Ghana discovered oil in 2007 and began production at the end of 2010…
A senior executive for Norwegian oil company Equinor said on Tuesday that the 'the clock is ticking' to achieve an energy transition away from hydrocarbons.'If we don't take action, we'll end up losing out,' Equinor's Senior Vice President for…
Norwegian offshore vessel owners DOF and Solstad Offshore on Tuesday each announced construction support vessel sale deals.DOF Subsea said it had agreed to sell the vessel “Geosund” to an international buyer. The estimated delivery of the vessel to the new owner is in Q1…
Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on Tuesday it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities in carbon capture and storage (CCS) technologies in a bid to decarbonize the country's upstream industry…
International Maritime Industries (IMI), which describes itself as the largest maritime yard in the MENA region, has signed a Joint Venture Agreement with Zamil Offshore to deliver Offshore Support Vessel (OSV) building and maintenance, repair…
Norwegian floating oil and gas production systems owner BW Offshore has secured a one-year contract extension in Nigeria for one of its FPSOs.The contract, with Addax Petroleum Exploration (Nigeria) Ltd, is for the lease and operation of the FPSO Sendje Berge…
Qatar's state-run energy firm QatarEnergy, until recently known as Qatar Petroleum, has ordered six LNG tankers, four from Daewoo Shipbuilding & Marine Engineering (DSME) and two from Samsung Heavy Industries (SHI) in support of its North Field expansion project…
UK-based offshore services firm Briggs Marine has acquired a majority stake in ARB Wind, a Fife-based, wind industry inspection, testing, and certification company.'ARB Wind has a reputation for providing a high-quality service to wind energy…
ConocoPhillips presented on Monday plans for the development of Norway's Tommeliten A gas and condensate discovery, with total investments expected to amount to 12.5 billion crowns ($1.46 billion), the U.S. oil firm said.Located in the southern sector of Norway's North Sea…
Danish offshore energy industry services firms Bladt Industries and Semco Maritime have been awarded a contract to deliver substations for Dominion Energy's Coastal Virginia Offshore Wind project in the U.S.The contract comprises three 880 MW offshore substations…
Wind turbine maker Siemens Gamesa said on Friday it expects to return to profitability in 2022 after blaming its second annual operating loss in a row on higher raw materials and logistics costs, and cost overruns linked to a new model.High…