New York and Oslo-listed offshore driller Seadrill has completed the acquisition of Aquadrill in an all-stock deal. As part of the transaction, Aquadrill unitholders received close to 30m shares in Seadrill, which will continue to be domiciled in Hamilton, Bermuda. Julie Robertson and Simon Johnson...
Petrobras is looking to charter a pair of floating production, storage and offloading vessels to be deployed at the deepwater section of the Sergipe-Alagoas basin. Brazil’s state-run firm has marked the units for the Sergipe Deepwater Project (SEAP), which it said would be strategic to expand the...
https://splash247.com/petrobras-seeks-fpso-pair-for-deepwater-play/
Houston-based KBR announced on Monday that its Canadian entity, KBR Industrial Canada, has received a letter of intent from Equinor Canada for the front-end engineering design (FEED) of the topside facilities of the new Bay Du Nord floating production, storage and offloading facility (FPSO) to be...
https://splash247.com/kbr-awarded-feed-contract-for-equinor-bay-du-nord-fpso-project/
Wintershall Dea has completed its acquisition of a 37% non-operated participating interest in the oil-producing Hokchi Block offshore Mexico. The German company is now the second-largest interest holder in the block after operator Hokchi Energy, a subsidiary of Pan American Energy. AINDA holds the...
https://splash247.com/wintershall-dea-acquires-37-share-in-hokchi-block-offshore-mexico/
German container leasing firm Lotus Containers has extended its product line with 53 ft intermodal containers aimed at the North American market. It follows on from the group’s launch last summer of CARRIER53, a shipping line focused on the carriage of these oversized boxes. Among the advantages of...
https://splash247.com/lotus-rolls-out-53-ft-container-offering-across-north-america/
Ports of Indiana has issued a request for qualifications (RFQ) to identify potential operators of the international agricultural shipping terminal at Ports of Indiana–Burns Harbor, located at the south end of Lake Michigan, close to Chicago. The 7m-bushel terminal has transload capabilities for...
Oaktree Capital Management has decided not to go forward with the stake sale in Torm after the shares in the Danish product tanker owner declined sharply on Thursday. The US private equity firm, which owns around 65% of Torm, was looking to offload 6% or 5m of its shareholding and grant a 30-day...
https://splash247.com/oaktree-cancels-offer-for-stake-sale-in-torm-after-shares-tumble/
American Bureau of Shipping, A.P. Moller – Maersk, Fleet Management, Georgia Ports Authority, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, Savage Services, Sumitomo Corporation and TOTE Services have announced the execution of a Memorandum of Understanding (MOU) to jointly conduct a...
https://splash247.com/savannah-set-to-be-testbed-for-green-ammonia-bunkering/
The governor of Maryland announced this week a new goal to expand the state’s offshore wind capacity to 8.5 GW, up more than four times from the previous plan of 2 GW. This initiative will help the Atlantic Coast state reach its objective to achieve 100% clean energy by 2035. To support this...
https://splash247.com/maryland-aims-to-more-than-quadruple-offshore-wind-capacity-to-8-5-gw/
QatarEnergy has entered into a farm-in agreement with ExxonMobil Canada for two exploration licences offshore the province of Newfoundland and Labrador in Canada. Pursuant to the agreement, QatarEnergy holds a 28% working interest in licence EL 1167, where the Gale exploration well and associated...
https://splash247.com/qatarenergy-grows-its-offshore-exploration-portfolio-in-canada/