SLB has agreed the purchase of ChampionX in an all-stock transaction, strengthening its position in oilfield servicing market.Under the terms of the agreement, ChampionX shareholders will receive 0.735 shares of SLB common stock in exchange for each ChampionX share…
Port of Aberdeen has stepped closer to becoming a strategic hub for floating offshore wind, with its proposed South Harbour upgrade project progressing to Stage 2 ‘priority’ status in the Scottish Offshore Wind Energy Council’s (SOWEC) strategic investment model…
MidOcean Energy, a global liquefied natural gas (LNG) company formed and managed by EIG, has secured a strategic investment from Mitsubishi Corporation, set to accelerate its strategy to create a global ‘pure play’ integrated LNG company.The…
Norwegian crane specialist Motus Technology has secured a contract from Seatrium to deliver engineering, design, and construction of the platform main crane for Empire Wind 1 Offshore Substation (OSS).The main platform crane from Motus will be delivered to Seatrium’s Singapore yard…
Orcadian Energy has completed the previously announced farm-out of an 81.25% interest in license P2244 in Central North Sea, which contains the Pilot field, to Ping Petroleum UK, which became the operator of the license.Ping is focused on shallow…
Vattenfall and Offshore Renewable Energy (ORE) Catapult have signed a three-year extension on their testing and demonstration collaboration at Aberdeen Offshore Wind Farm.The partnership at the 96.8MW offshore wind test and demonstration facility first began in 2019…
Malaysia’s state-owned energy company Petronas and Japan’s largest power generation company JERA have signed a joint study agreement to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain between Japan and Malaysia…
Singapore-based mooring and anchoring specialist Mooreast Holdings has secured an order to supply its proprietary anchors for Eolmed pre-commercial floating offshore wind farm.Mooreast has partnered with French installation contractor Bourbon…
Norwegian state-owned company Petoro has awarded a frame agreement to AGR for the provision of independent consultancy and third-party verification studies within subsurface, drilling and wells and field development.Petoro is a state-owned limited…
Enauta has proposed the merger with 3R Petroleum which would create one of the largest and the most diversified independent oil and gas companies in Latin America.The merger proposal has been approved by Enauta’s board of directors, and according to the company…
Offshore drilling contractor Transocean has secured a contract extension for its Deepwater Asgard drillship with Hess Corporation for operations in the U.S. Gulf of Mexico.The 365-day contract extension for Deepwater Asgard is valued at $195 million…
Between January 2023 and February 2024, TDI-Brooks conducted an extensive site investigation program in two offshore wind blocks in state and federal waters. The projects involved surveying in excess of 20,000 line-kms of analogue and either…
UK oil and gas company Perenco has mobilized independent experts to determine the causes of the fire incident at is Becuna platform offshore Gabon, which claimed five lives with one person still missing.As of March 27, 2024, the search for the missing person was still actively underway…
Offshore drilling contractor Shelf Drilling has received a notice of suspension of operations of four jack-up rigs from a customer in the Middle East.The company said it is in active discussions with the customer to determine which rigs will be suspended and the exact timing of the suspensions…
Chevron has chartered its first hybrid electric bunker tanker from V-Bunkers that will be used to provide fuel to maritime customers in Singapore region.The bunker tanker is expected to consume approximately 20% less fuel compared to a conventional tanker as it goes about its operations…
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