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Business Developments & Projects

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WilHunter rig - Awilco Drilling
Business Developments & Projects

Awilco to challenge tribunal decision over UK tax bill

Awilco Drilling has lost an appeal over a £6.8 million tax bill, arising from the termination of a drilling contract for one of its rigs.

about 5 years ago
Illustration/Offshore wind farm collocated with wave energy farm (Courtesy of CorPower Ocean)
Business Developments & Projects

Major UK project to unlock untapped potential of ocean renewable energy fuels

An innovative £10 million research project, led by the University of Strathclyde, has been set up to investigate the potential of harnessing offshore wind and marine renewable energy to produce zero-carbon hydrogen and ammonia fuels.

about 5 years ago
A photo of the Svanen vessel at sea
Business Developments & Projects

Van Oord to install foundations, inter-array cables on Iberdrola’s German OWF

Van Oord has signed a contract with Iberdrola for the installation of monopile foundations and the supply, transportation and installation of inter-array cables for the Baltic Eagle offshore wind farm in Germany. The offshore construction specialist will deploy its heavy lift installation vessel Sva

about 5 years ago
Industry-first as ABS reviews OSI’s deep-sea mineral riser system
Business Developments & Projects

Industry-first as ABS reviews OSI’s deep-sea mineral riser system

American Bureau of Shipping (ABS) has reviewed a deep-sea mineral riser system developed by Oil States Industries (OSI).

about 5 years ago
Berge Bulk
Business Developments & Projects

Industry firsts: Berge Bulk ship tests solar panels

Bermuda-based bulker owner and operator Berge Bulk has launched a pilot test to trial the maritime application of solar technology.

about 5 years ago
Petrobras
Business Developments & Projects

Petrobras 2Q production on par with last year regardless of ramp-ups on two FPSOs

Brazil’s state-owned oil major Petrobras had an average production of 2.754 million barrels of oil equivalent a day in the second quarter, an increase from the first quarter but a minor decline when compared to the same quarter in 2020.

about 5 years ago
NCS SubSea sets sail to US Gulf of Mexico for 4D seismic survey
Business Developments & Projects

NCS SubSea sets sail to US Gulf of Mexico for 4D seismic survey

Marine seismic services provider NCS SubSea is on its way to the U.S. Gulf of Mexico to conduct a 4D P-Cable ultrahigh-resolution (UHR) monitor survey.

about 5 years ago
SKD Esperanza - Sapura Energy
Business Developments & Projects

Sapura scores new deals worth over $284 million

Malaysia’s Sapura Energy has secured new contracts and extensions in Malaysia and Thailand with a combined value of $284.2 million.

about 5 years ago
A photo of Jan De Nul's cable laying vessel at Formosa 2 site in Taiwan
Business Developments & Projects

Export cable installation completed at 376 MW offshore wind farm in Taiwan

Jan De Nul has completed the installation of all export cables for the 376 MW Formosa 2 offshore wind farm in Taiwan. The company installed four export cables with a total length of 34 kilometres using its cable laying vessel (CLV) Willem de Vlamingh, which was able to position itself close to the b

about 5 years ago
KSOE
Business Developments & Projects

KSOE wins order for 7 more LNG carriers

South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) has received three orders for the construction of a total of seven LNG carriers.

about 5 years ago
A photo of an offshore wind farm
Business Developments & Projects

Offshore activities about to start at TotalEnergies’ UK wind farm site

TotalEnergies and Green Investment Group (GIG) are set to commence survey work at a site offshore the UK where they plan to build a wind farm through a newly set up joint venture company, whose name was revealed in the project’s update on the upcoming offshore activities.

about 5 years ago
Shell logo
Business Developments & Projects

Shell cheers first gas from Trinidad and Tobago project

Shell has started production from Block 5C in the East Coast Marine Area, also known as project Barracuda, located in Trinidad and Tobago.

about 5 years ago
Port of Emden
Business Developments & Projects

Port of Emden to get methanol-powered harbor boat

Germany’s Port of Emden is looking to make its harbor tours CO2-neutral in the future as it will receive a new, methanol-powered harbor boat.

about 5 years ago
A Borr jack-up rig
Business Developments & Projects

Borr to add nearly $16 million in revenues with new deal in Mexico

Offshore drilling contractor Borr Drilling has received a letter of award from an international oil company for additional work in Mexico.

about 5 years ago
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