Australian offshore services firm MMA Offshore has acquired 49.9% of the shares in the Taiwanese survey company Global Aqua Survey Ltd to form a new joint venture, the MMA Global Aqua JV, which will target the quickly growing offshore wind sector in Taiwan…
India's petroleum ministry has asked state-run explorer Oil and Natural Gas Corp to consider selling a 60% stake in its two major oil and gas fields to private companies to boost output, a government source said on Thursday.India, the world's third-biggest oil consumer and importer…
Offshore wind installation services company Cadeler has signed a firm contract with Ørsted for a wind turbine installation vessel to be used on Ørsted’s two German offshore wind projects, Gode Wind 3 and Borkum Riffgrund 3.The firm contract…
A fledgling international alliance to halt new oil and gas drilling added four members on Thursday during the UN climate conference in Scotland, but did not get the support of any major fossil fuel producers or the conference host Britain.The…
AqualisBraemar LOC, an energy and marine industry consultancy, has agreed to buy the UK operations of ship design and marine consultancy company OSD-IMT from the Dutch-based Damen Shipyards Group.OSD-IMT is a specialist consultancy in ship design for new build…
Swedish prosecutors on Thursday brought charges against the chairman and former CEO of Lundin Energy for complicity in war crimes carried out by the Sudanese army and allied militia in southern Sudan from 1999 to 2003.Prosecutors said the company…
Norwegian offshore vessel owner Solstad Offshore has won contracts for two of its medium size construction support vessels.Solstad said Thursday that the Dutch offshore services firm Fugro had chartered its CSV Normand Mermaid for a period of 16 months firm…
Offshore seismic surveyor PXGEO has been awarded an ocean bottom node survey contract in Brazil.PGXEO said that the project, awarded by the Brazilian oil company Petrobras, would start in the second quarter of 2022.The contract will last for around three months…
Oil Search shareholders are set to vote on Dec. 7 on a merger with Santos Ltd after gaining approval from a Papua New Guinea court and a mixed endorsement from an independent expert.If it goes ahead, the A$8.8 billion ($6.5 billion) takeover…
Oil major BP and Norway's Aker said on Thursday they have jointly sold a 5% stake in Norwegian oil firm Aker BP, cutting their combined holding in the company to 65%.The 18.01 million shares were sold at 310 crowns each, a 10.2% discount to Wednesday's close…
BP and Aker said Wednesday there were exploring a potential block sale of some of the shares they hold in the Norwegian oil and gas producer Aker BP ASA, through a private placement.Aker and BP currently control approximately 40% and 30% of the shares outstanding in Aker BP…
Oil services firm Serba Dinamik Holdings said on Wednesday that it filed a lawsuit against EY Consulting, seeking to restrain the audit firm from releasing any findings or report on the group.In a stock exchange filing, Serba said it filed an…
Italian energy group Eni has hired JP Morgan to work on a possible listing of its Vår Energi joint venture which could value the Norwegian oil and gas operator at up to $15 billion, three sources familiar with the matter said.A final decision…
Siemens Energy proposed on Wednesday to pay a dividend on the back of a strong jump in cash flow driven by stricter cost discipline, as it completed its first business year since it spun off from former parent Siemens.The supplier of turbines and services to the power industry…
Dutch marine contractor Boskalis will install inter-array cables at Ørsted's for the German Borkum Riffgrund 3 and Gode Wind 3 offshore wind farms. Boskalis said Wednesday that the contract would include the transport, installation, and burial of a combined total of 106 inter-array cables…
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