Reach Subsea has entered into an agreement with Volstad Maritime for the use of the subsea vessel Deep Cygnus as an ‘important step in the long-term fleet planning strategy’. The agreement was signed for a period of four years, with an option to extend for one year. According to Reach Subsea’s CEO J
Vaalco and TransGlobe have revealed a deal to combine their businesses into a single company to create a full-cycle asset base.
U.S. oil major ConocoPhillips and compatriot infrastructure company Sempra have signed heads of agreement (HOA) for large-scale LNG projects and carbon capture activities.
An FPSO, destined for Petrobras’ revitalisation project off Brazil, has left the Cosco Qidong shipyard in China and started its journey.
The Environment Agency – in partnership with Eastbourne Borough Council – is working on a new, +£100 million large shoreline protection project – the Pevensey Bay to Eastbourne Coastal Management Scheme. According to EA, this will be one of the largest coastal flood risk projects in the country, as
Green Rebel Marine has commenced a geophysical site survey campaign at the Emerald floating offshore wind project in the North Celtic Sea. The surveys, which began on 13 July and are set to take place until 31 July, are carried out by Roman Rebel, using multibeam echo sounders and ultra-high-resolut
Instead of the anticipated ramp-up of green investments, WoodMac, points out that pure oil plays still trump low-carbon diversification.
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has signed a memorandum of understanding (MOU) with the UAE-based aluminium producer Emirates Global Aluminium (EGA) to cooperate on research and pilot projects to decarbonise bulk cargo shipping.
Due to the current energy security concerns, TAQA has decided to keep its entire oil & gas portfolio, except for its Dutch upstream assets.
Norwegian offshore vessel operator Eidesvik Offshore has secured a contract with an undisclosed client for its offshore support vessel Subsea Viking. According to the company, the new contract will begin in the third quarter of 2022 in direct continuation of the current contract. Eidesvik did not re
Norwegian seismic player TGS has made its first renewable energy venture investment with the acquisition of an equity stake in NASH Renewables, a start-up developing Software-as-a-Service (SaaS) solutions for the prospecting, construction and operations of wind energy projects. Led by former Siemens
MMA Offshore has secured a deal for one of its platform supply vessels (PSVs) with OMV for operations in New Zealand.
Nordsee Two, a German offshore wind project owned by RWE (51 per cent) and Northland Power (49 per cent), is planned to include an electrolyser to demonstrate the technical and commercial feasibility of producing hydrogen at sea. RWE unveiled the plan as the company announced on 13 July that the pro
Wood Mackenzie and Ball Corporation have launched a new tool that tracks global LNG liquefaction train statuses in near real-time.
