
Petrobras has revealed plans to invest $16 bln in the Campos Basin revitalisation project and $5.5 bln in extraction activities in Brazil.

Subsea Technology and Rentals (STR) has made a multi-million pound investment in Sonardyne’s latest acoustic and inertial technologies, including seafloor, vehicle and vessel-based positioning hardware. The purchase includes Sonardyne’s Long BaseLine (LBL), Ultra-Short BaseLine (USBL) and inertial n

MAN Cryo, part of German engine manufacturer MAN Energy Solutions, has signed a contract with China’s Yantai CIMC Raffles Shipyard for the delivery of fuel-gas supply systems (FGSSs) to a new series of two dual-fuel, 6,500 pure car carriers.

The findings of a recent report indicate that there are legal grounds to hold fossil fuel firms accountable for environmental damage.

Welsh company Marine Power Systems (MPS) has launched a new tender for contractors to provide assistance with the development of megawatt-scale wind and wave energy project in Spain.

Norwegian Connector Subsea Solutions (CSS) has acquired Norvalves, a compatriot company that designs and manufactures subsea valves and connectors. The Norvalves workforce of 16 people based in Ågotnes will be transferring to CSS with immediate effect. The acquisition is said to supplement CSS’ subs

Longboat has executed a farm-in agreement with OMV for two prospects on the NCS, boosting its net unrisked mean resources by 68 per cent.

The UN is working on raising the funds for the implementation of its plan to address a threat posed by an FSO unit off the Yemen coast.

The BP-led Greater Tortue Ahmeyim LNG project on border of Mauritania and Senegal is 75 per cent complete, according to Kosmos Energy.

Trident and JV partners for Block G – located offshore Equatorial Guinea – have agreed to extend their Production Sharing Contract (PSC).

The Lithuanian LNG terminal Klaipeda LNG has received the first cargo of liquefied natural gas for Polish gas firm PGNiG.

Van Oord has contracted Peritus International to perform a study on inter-array cable stability for RWE’s Sofia offshore wind farm in the UK. The scope consists of calculating the on-bottom stability for the inter-array cables in challenging environmental conditions and shallow water. According to P

Japan Drilling Co. (JDC) has been awarded a new deal for one of its jack-up rigs by Petronas Carigali for operations offshore Malaysia.

Japanese shipping company Mitsui O.S.K. Lines (MOL) has reached an agreement with compatriot Nihon Shipyard and Shin Kurushima Dockyard for the construction of four 7,000-unit capacity car carriers that will use environment-friendly liquefied natural gas (LNG) as their main fuel.