Maersk’s Offloading of Drilling Unit is Latest Move to Exit Energy
By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S has decided to list its drilling unit separately, marking its latest step toward a complete
By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S has decided to list its drilling unit separately, marking its latest step toward a complete
Press Release – Viking Thinking big When your fleet has a large number of vessels, including some of the world’s biggest container ships, and you
Norway-based Offshore Heavy Transport is set to enter the offshore renewables market with a state-of-the-art heavy lift transport and installation vessel that
By Nick Carey, Jonathan Saul and Brenda Goh DETROIT/LONDON/SHANGHAI, July 5 (Reuters) – Automakers are scrambling to ship vehicles to the United
Offshore drilling contractor Seadrill Limited announced Monday it has emerged from chapter 11 after successfully completing its commitments under a plan of
By Mikael Holter (Bloomberg) — Oil companies in Norway have more to rejoice about than just higher crude prices: they’re now boasting the best
By Mohamed Mokhashef and Mohammed Ghobari ADEN, June 12 (Reuters) – A Saudi-led coalition geared up on Tuesday for a military assault on
The Norwegian Parliament has approved Equinor’s development and operation plan for the giant Johan Castberg field located in the Barents Sea within
By Mikael Holter (Bloomberg) — A hedge fund run by a former associate of billionaire John Fredriksen has gained 69 percent in two years
Singapore shipbuilder Keppel will build South East Asia’s first liquefied natural gas bunkering vessel with delivery planned for 2020. FueLNG, a joint
The drilling topside for the giant Johan Sverdrup field has left the shipyard in Haugesund, Norway to meet up with the heavy lift ship Pioneering Spirit for
In the first quarter of 2018, Hebron production averaged 8,200 bbls/d and continues to ramp up ahead of schedule. By Kevin Orland (Bloomberg) —
By John Benny – April 30 (Reuters) – Marathon Petroleum Corp agreed to buy rival Andeavor for more than $23 billion in a deal creating one of
by Ben Blanchard (Reuters) China first domestically developed aircraft carrier looks set to begin sea trials after pictures appeared on the Chinese
by Teis Jensen (Reuters) – Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro from Turkish private
By Robin M. Mills (Bloomberg Prophets) — Bahrain discovered the first oil on the Arab side of the Gulf in 1932. It took a long time for the small
By Kevin Crowley (Bloomberg) — Exxon Mobil Corp. got such a “favorable” deal from Guyana, home to the biggest new deepwater oil play, that the tiny
By Dan Murtaugh (Bloomberg) — The world’s biggest energy companies are ready for big projects again. They just need to be cheaper this time around.
PRINCETON, NJ, April 6 (Reuters) – U.S. Interior Secretary Ryan Zinke said on Friday that he sees little demand from oil and gas companies for new
An offshore wind farm proposed for off the coast of Northern California could become the first in the United States to use floating wind turbines. On Tuesday,
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