Norway's Equinor has received approvals to drill two offshore wells in the production licence 090 in the North Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which has granted the regulatory approvals for the drilling operations…
Maritime connectivity and IT solutions provider Marlink Group has obtained final regulatory approvals to acquire 100% of ITC Global from Panasonic. 'The Marlink and ITC Global management teams are preparing for a swift closing of the transaction in the coming weeks…
Dutch offshore survey firm Fugro and Sweden's MMT have won contracts with the Danish grid operator Energinet, to carry out seabed surveys for the Danish Energy Island project in the North Sea.The contracts follow an announcement by the Danish…
Southeast Asia-focused oil firm KrisEnergy, after several delays, on March 31 completed the sale of its Block 115/09 offshore Vietnam, to an unnamed international major, never saying who the buyer was.Some two weeks later, on Monday, April 12…
Dutch offshore installation specialist Heerema Marine Contractors has signed a deal with Singapore's Sembcorp Marine to transport and install an HVDC offshore converter platform for RWE's 1.4 GW Sofia offshore wind farm in the UK.Sembcorp Marine’s…
Derazona Helicopters in Indonesia has ordered an Airbus H160 helicopter to be used to support the country’s oil and gas sector's operations. 'The multi-mission H160 will play an important role in the expansion plans of the Indonesian operator for oil and gas…
Africa-focused oil company Vaalco Energy has named George Maxwell as Chief Executive Officer effective April 12, 2021. Cary Bounds who has served as Chief Executive Officer since 2016 will leave Vaalco to pursue other interests.Maxwell, who…
The board of Brazilian state-run oil company Petrobras has approved an agreement with the government regarding the compensation that must be paid to Petrobras in the event of an auction of reserves in two offshore oil areas, the firm said on Friday…
Marine seismic acquisition company Shearwater GeoServices has won a 3D seismic survey contract in Vietnam.The company said the contract was awarded by 'a major operator,' but it did not say who the client was.The two-and-a-half-month project…
Norway's $1.3 trillion wealth fund, the world's largest, should reduce the size of its global company reference index by between 25% and 30% to better follow up companies, primarily by removing small-cap stocks, the finance ministry proposed on Friday…
Dutch offshore services contractor Boskalis has served the Malaysian offshore construction firm Malaysia Marine Heavy Engineering (MMHE) with an arbitration notice over alleged cost overruns related to the Bokor platform project, in Malaysia…
Australian oil and gas company Emperor Energy has acquired from CGG a license to recently acquired 3D seismic data covering its Judith gas field located within the Vic/P47 Permit in the offshore Gippsland Basin, Victoria, Australia.According to Emperor Energy…
German engineering group Siemens Energy aims for a slice of the $2.3 trillion U.S. President Joe Biden plans to spend on infrastructure, including power grids and renewables, as the company targets higher sales in its biggest market.Biden last week set out his plans for a transformation of the U…
Offshore equipment company OEG Offshore (OEG) has this week acquired Norfolk‐based Pegasus Welfare Solutions (PWS), a company that developed the world's first offshore wind turbine toilet, for an undisclosed sum.Aberdeen‐based OEG, which provides the offshore market with DNV certified containers…
Acta Marine has this week completed its three-year maintenance campaign for Ocean Breeze on the Bard Offshore 1 wind farm, the first commercial offshore wind farm in Germany.Acta Marine's Acta Auriga walk-to-work support vessel - which offers…
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