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Business Briefs
Company News
Courtesy Ocean-Power/SBM Offshore
Company News
SBM Offshore takes stake in Blue Power hub developer
Jan. 8, 2025
SBM Offshore has made an initial equity investment in Ocean-Power, based in Ronglan, Norway.
Courtesy DP World
Company News
Drydocks Yard, McDermott expand UAE fabrication, engineering capabilities
Jan. 3, 2025
Courtesy Vantage Drilling
Company News
Vantage Drilling, TotalEnergies announce drill rig joint venture
Jan. 3, 2025
Courtesy SBM Offshore
Vessels
ExxonMobil takes ownership of offshore Guyana FPSO
Dec. 26, 2024
Courtesy Solstad Offshore ASA
Company News
Solstad takes stake in Omega Subsea
Dec. 26, 2024
Courtesy Harbour Energy
Company News
Talos scales back stake in Zama oil project offshore Mexico
Dec. 18, 2024
Company News
Courtesy INEOS
Company News
INEOS joining two GoM deepwater oilfield projects
Dec. 16, 2024
Courtesy bp
Company News
ADNOC, bp form Egypt-focused gas venture
Dec. 16, 2024
ID 126599355 © Wutthichai Luemuang | Dreamstime.com
Company News
Kosmos considers takeover offer for Tullow Oil
Dec. 16, 2024
ID 88312239 | Acquisition © Mr.phonlawat Chaicheevinlikit | Dreamstime.com
Company News
Serica strikes deal for Parkmead’s UK North Sea interests
Dec. 16, 2024
Courtesy TotalEnergies
Company News
TotalEnergies takes control of two blocks offshore Sarawak
Dec. 12, 2024
Courtesy Petronas
Production
ConocoPhillips, Shell among successful bidders for latest offshore Malaysia PSCs
Dec. 12, 2024
Courtesy INPEX
Australia & New Zealand
Three companies set to join INPEX in block north of Ichthys field offshore Australia
Dec. 11, 2024
Courtesy Tugdock and Sarens
Company News
Crown Estate supports floating offshore wind hub plan for South Wales port
Dec. 11, 2024
Tugdock and Sarens have secured funding from The Crown Estate for their project to develop a heavy-lift operations and maintenance (O&M) hub at ABP’s Port Talbot in South Wales...
Courtesy bp
Company News
Equinor completes withdrawal from E&P in Nigeria, Azerbaijan
Dec. 9, 2024
Equinor has completed the sales of its upstream businesses in Azerbaijan and Nigeria at an estimated price of up to $2 billion.
ID 347992885 | Light © Sergiy Romanyuk | Dreamstime.com
Renewable Energy
bp, JERA form offshore wind joint venture
Dec. 9, 2024
bp and JERA plan to combine their offshore wind businesses into a new standalone 50:50 joint venture.
Courtesy Rope Access Sverige AB
Company News
Swire Group strengthens wind turbines service capabilities
Dec. 9, 2024
Swire Group’s wind turbine maintenance division Swire Renewable Energy has agreed to acquire Rope Access Sverige, a Swedish blade repair specialist.
Courtesy Proper Marine
Company News
ABL Group acquiring Brazil offshore engineering consultancy
Dec. 9, 2024
ABL Group has entered into an agreement to acquire Rio de Janeiro-based Proper Marine, a naval architecture and engineering consultancy.
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