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ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, is one step closer to wrapping up its merger with the UAE-based Shelf Drilling, thanks to the lion’s share of the latter’s shareholders endorsing the business combination after the Saudi player upped its initial takeover offer. The post Landslide shareholder vote begins final countdown to ADES-Shelf Drilling merger completion appeared first on Offshore Energy.

Molgas Energy, backed by InfraVia Capital Partners, has finalized the full acquisition of the Titan Energy Holding, parent company of Titan Clean Fuels. The post Molgas acquires Titan to boost growth in clean marine fuels sector appeared first on Offshore Energy.

Oslo-headquartered Fred. Olsen 1848 has unveiled its Tension Buoy concept, designed to maintain stable […] The post Norwegian self-adjusting mooring buoy set to ease solar-hydro integration appeared first on Offshore Energy.

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh environment mid-water and deepwater semi-submersible drilling rigs, has turned a letter of intent (LoA) into a multimillion-dollar rig deal with Repsol, a Spanish multinational energy and petrochemical company. The post Repsol books Dolphin Drilling’s 1977-built rig for multi-well work appeared first on Offshore Energy.

Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has shaken hands with two Australia-based companies, […] The post MOL joins Australian partners in advancing low-emission ammonia bunkering appeared first on Offshore Energy.

Norwegian upstream oil and gas player Vår Energi has ramped up its production and reserves from a field in the North Sea by bringing online a new low-pressure project off the coast of Norway. The post North Sea operator steps up oil project’s game with boost in production and reserves appeared first on Offshore Energy.

AKOFS Offshore, an Oslo-headquartered provider of vessel-based subsea well construction and intervention services, has […] The post AKOFS vessel secures more work with Petrobras under $246 million contract appeared first on Offshore Energy.

G-Tec has started geophysical survey work for ELWIND, an offshore wind project that Estonia […] The post Geophysical survey underway for Estonian-Latvian offshore wind project appeared first on Offshore Energy.

Canada’s public energy company Tenaz Energy has acquired a private company holding interests in an offshore development on the border between the Dutch and German sectors of the North Sea. The post Tenaz gains access to ‘highly prospective’ North Sea gas assets in $244M deal appeared first on Offshore Energy.