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Kraken gathers $11 million in new contracts since beginning of 2024
Business & Finance

Kraken gathers $11 million in new contracts since beginning of 2024

Kraken Robotics has reported a “strong start” to 2024 for its Service business with $11 million of new contracts secured since the beginning of the year. The contracts, all set to be completed within this year, come in addition to $4 million of survey contracts for KATFISH and magnetometer surveys t

about 2 years ago
Port of Rotterdam: 10% decrease in CO2 emissions in 2023
Ports & Logistics

Port of Rotterdam: 10% decrease in CO2 emissions in 2023

In 2023, CO2 emissions in the port decreased by 2.2 Mton (10%) compared to 2022, the Port of Rotterdam Authority revealed.

about 2 years ago
Illustration; Credit: Morten Berentsen/Equinor
Authorities & Government

Norway’s oil & gas production beats forecasts

Norway recorded a slight rise in oil and gas production in March 2023 compared to the Norwegian Offshore Directorate’s predictions.

about 2 years ago
Balmoral - Hornsea 3
Business & Finance

Ørsted selects Balmoral to shield Hornsea 3 cables

Balmoral Comtec, a Balmoral Group company, has been awarded a multi-billion-pound contract for the supply of cable protection systems for Ørsted’s Hornsea 3 offshore wind farm in the UK. The scope of work includes design engineering which will take place at Balmoral Comtec’s Aberdeen facility, suppl

about 2 years ago
Greece and Saudi Arabia to launch studies for potential electricity interconnector
Authorities & Government

Greece and Saudi Arabia to launch studies for potential electricity interconnector

Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) and Saudi Arabia’s National Grid Saudi Electricity Company have decided to kick off technical and economic studies for an electricity interconnector between the two countries. The launch of the technical and econ

about 2 years ago
Sonalika and Sarovar tugs; Source: Indian Register of Shipping
Business Developments & Projects

Indian yard launches vessel duo destined for work at offshore oil fields

Ship classification society Indian Register of Shipping (IRS) has confirmed the launch of two vessels at the San Marine yard in Kakinada.

about 2 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Business & Finance

Equinor gets more info on oil discovery to gauge development option

Equinor has wrapped up drilling activities at an appraisal well in the Barents Sea off the coast of Norway with one of Odfjell Drilling’s rigs.

about 2 years ago
WinGD completes factory tests for its new short-stroke engine design
Equipment

WinGD completes factory tests for its new short-stroke engine design

Swiss marine power company WinGD will record the first installation of its new X-S short-stroke engine design following successful factory acceptance tests with engine builder Dalian Marine Diesel.

about 2 years ago
Thylacine platform in the Otway Basin; Source: Beach Energy
Authorities & Government

More drilling ops on Beach Energy’s agenda offshore Australia

Beach Energy has handed over an environment plan (EP) to Australia’s offshore regulator, entailing drilling activities.

about 2 years ago
Multi-million dollar win for US player with 'major energy company'
Business & Finance

Multi-million dollar win for US firm with ‘major energy company’

Houston-based subsea energy equipment and services specialist Koil Energy Solutions, formerly known as Deep Down, has secured a multi-million dollar contract with what it says is a “major international energy company”. Koil Energy Solutions will deliver engineering, procurement, manufacturing, insta

about 2 years ago
Illustration; Source: Chevron
Authorities & Government

Chevron going in pursuit of more gas by upping the drilling ante offshore Australia

Chevron has submitted another environment plan (EP) to the country’s offshore regulator for drilling operations off the coast of Australia.

about 2 years ago
Plug Power’s hydrogen buildout reaches new heights
Business & Finance

Plug Power’s hydrogen buildout reaches new heights

U.S. Plug Power has reached nameplate capacity at hydrogen plants in Georgia and Tennessee, marking a milestone for the company’s hydrogen network.

about 2 years ago
European
Infrastructure

Ahead of European elections, seaports unveil top 9 priorities

In view of the upcoming EU elections in June, the European Sea Ports Organisation (ESPO) — which represents over 98% of the seaports of the European Union — has set its priorities for the next five years with a strong focus on energy transition.

about 2 years ago
Valaris DS-9 drillship; Source: Valaris
Business & Finance

New rig deals lift Valaris’ contract backlog to $4 billion

Valaris has expanded its contract backlog, thanks to a series of new contract awards and extensions with multiple oil and gas companies.

about 2 years ago
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