This business combination has been unconditionally approved by the competition authorities in Brazil, Norway, and Trinidad & Tobago and the two players are currently working on securing the approval for the merger in the UK.
Danish offshore rig owner Maersk Drilling has been awarded a contract, which could employ the harsh environment jack-up rig Maersk Resolve with a customer in the UK sector of the North Sea for the majority of 2022.
After a 12,000-barrel oil spill at a loading buoy off Lima earlier this month, the government of Peru has shut down all crude oil deliveries for Repsol's La Pampilla refinery.
Japan Petroleum Exploration (JAPEX) has agreed to conduct a joint study for CO2 capture and storage (CCS) in Malaysia with the country’s national energy company Petronas.
There are only 15 km (9 miles) left to finish the Nord Stream 2 gas pipeline from Russia to Germany that bypasses Ukraine, Russian President Vladimir Putin said on Friday.
Eneti Inc.’s wholly-owned direct subsidiary entered into a binding agreement with Marubeni Corporation, INCJ, Ltd., and Mitsui O.S.K., Lines Ltd. under which Eneti will acquire 100 per cent of Atlantis Investorco Limited, the parent of Seajacks International Limited.
TotalEnergies and APA Corporation have encountered oil in the Sapakara South-1 well on Block 58 off the coast of Suriname.
Oslo-listed seismic player SeaBird Exploration has signed a letter of intent for a source vessel contract in the Western Hemisphere with an undisclosed operator.
Houston-headquartered McDermott has been awarded a contract from Santos for the Bayu-Undan infill well phase 3C project, in the Timor Sea, located around 500 km off the northwest coast of Darwin, Australia, and 200 km off the southeast coast of Timor-Leste.
In the latest example of an ocean carrier seeking to expand its business to realize opportunities in the emerging offshore wind industry, Taiwanese carrier U-Ming announced a new marine offshore joint venture.
One of the longest speculated mergers in Singapore marine – a bringing together of Keppel Offshore & Marine and SembCorp Marine – moved a step closer to reality on Thursday non-binding Memorandum of Understanding (MoU) to explore a potential combination.
The contract, secured through its subsidiary, Japan Drilling Netherlands, includes two one-year options and is scheduled to start in the second quarter of 2022.
Maersk Drilling has struck a deal to sell its 2004-built drilling and production jackup rig Mærsk Inspirer to Havila Sirius, a subsidiary of Havila Holding, for a price of $373m.
Offshore accommodation provider Floatel International has been awarded a contract by Shell for semisub vessel Floatel Triumph in the Philippines.
A planned overhaul of how the world’s most important benchmark crude price is calculated has caused a surge in trading of swaps used to hedge North Sea oil prices.
Chapter 11 cases have been filed in the Southern District of Texas for Seadrill’s wholly-owned subsidiaries under the Asia Offshore Drilling brand.
One of the most famous rig builders in the world is exiting the business. Singapore’s Keppel Corporation has announced that Keppel Offshore & Marine, which is up for sale, will undergo a major restructuring which will see it exit the offshore rig building
The Netherlands Enterprise Agency (RVO.nl) and Fugro are taking steps to make seabed research at the IJmuiden Ver offshore wind farm zone more sustainable.
Egyptian offshore driller ADES International has sealed a new contract for 1981-built jackup rig Admarine 5 in the Gulf of Suez.