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Norway boosts oil & gas output in February
Business Developments & Projects

Norway sees small increase but deviates from forecast in February output

In comparison to the previous month, Norway’s oil and gas production increased in February 2022, however, it was below NPD’s predictions.

about 4 years ago
Equinor picks Remøy vessel with upgrade potential to run on ammonia for ops in North Sea
Business Developments & Projects

Equinor’s charter of Remøy vessel includes potential upgrade to run on ammonia

Equinor has inked a long-term deal with Remøy Shipping for one of its PSVs with ammonia conversion potential to reduce emissions.

about 4 years ago
Nautilus
Business Developments & Projects

Microsoft Climate Fund-backed Nautilus Labs gets $34M to support low-emission shipping

Nautilus Labs, a US-based technology firm advancing the efficiency of ocean commerce through artificial intelligence, has announced $34 million in Series B funding.

about 4 years ago
Kipper Tuna Turrum - ExxonMobil
Business Developments & Projects

ExxonMobil targets Gippsland’s full potential with fresh cash injection

ExxonMobil has sanctioned a project located in the Gippsland Basin off Australia, aiming to expand gas production.

about 4 years ago
Ørsted’s offshore wind and BP’s CCUS plans clash in UK waters
Business Developments & Projects

Ørsted’s offshore wind and BP’s CCUS plans clash in UK waters

Ørsted and BP have submitted position statements to the UK Planning Inspectorate with regard to their offshore wind and carbon capture, usage and storage (CCUS) projects in the UK, with Ørsted saying BP is trying to force exclusion so that the offshore wind developer cannot locate its Hornsea Four t

about 4 years ago
ROV
Business Developments & Projects

Rovco investing in SMD’s EV Workclass ROV to boost autonomous subsea inspections

Subsea equipment manufacturer Soil Machine Dynamics (SMD) and offshore services provider Rovco have signed a letter of intent (LOI) for next-generation EV Workclass ROV (WROV) technology.

about 4 years ago
NYK
Business Developments & Projects

NYK wraps up fourth biofuel trial

Friendship, a Capesize bulker owned by Greek shipowner Seanergy Maritime and chartered by Japanese shipping firm NYK, has collaborated with British mining company Anglo American to complete a trial using biofuel to transport cargo.

about 4 years ago
PaleBlue launches new real-time ROV simulator
Business Developments & Projects

PaleBlue launches new real-time ROV simulator

Norway’s PaleBlue has launched the ROV Engineering Simulator tailored for subsea engineering, design reviews, and accessibility checks of subsea installations with the use of remotely operated vehicles (ROVs). The simulator provides real-time simulation and visualization tools that allow users to se

about 4 years ago
Scarabeo 8 rig - Saipem
Business Developments & Projects

Offshore drilling focus to pay off for Saipem following new $325 million award

Italian oilfield services contractor Saipem has been awarded a contract by Aker BP for a drilling campaign offshore Norway.

about 4 years ago
Norbit bags multiple WINGHEAD multibeam tech orders
Business Developments & Projects

Norbit bags multiple WINGHEAD multibeam tech orders

Norwegian Norbit Subsea has secured a number of contracts with surveying companies related to its WINGHEAD multibeam technology.

about 4 years ago
Thialf and Sleipnir on Shore Power at the Calandkanaal - Heerema
Business Developments & Projects

Heerema’s two giant crane vessels switch to green shore power in Rotterdam – gallery

Dutch contractor Heerema Marine Contractors has connected its two giant heavy-lift vessels to a shore power installation in Rotterdam.

about 4 years ago
MR Deepwater Subsea, OTC combine their services into one-stop-shop
Business Developments & Projects

MR Deepwater Subsea, OTC combine their services into one-stop-shop

MR Deepwater Subsea and Offshore Technical Compliance (OTC) have joined forces to create a one-stop-shop for real-time monitoring, digital pressure testing and Blowout Preventer (BOP) compliance services. The parties believe that the collaboration will build a wealth of knowledge regarding inspectio

about 4 years ago
Serica repairs subsea control module and restarts production at North Sea field
Business Developments & Projects

Despite bad weather, Serica wraps up repairs and restarts North Sea field

Following repair and replacement of a subsea control module component, Serica has resumed production from the Rhum field in the UK North Sea.

about 4 years ago
Jennifer Garson (Courtesy of US DOE)
Business Developments & Projects

Jennifer Garson appointed WPTO director at US DOE

After nearly a year serving as acting director, Jennifer Garson has been named the official director of the Water Power Technologies Office (WPTO) at the US Department of Energy (DOE).

about 4 years ago
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