Norwegian maritime technologies company Kongsberg Maritime is set to acquire Berg Propulsion, a Swedish designer and manufacturer of integrated propulsion and electrical systems for the maritime market. When announcing the acquisition, Kongsberg Maritime said that the move represents a strategic ste
Greece’s Motor Oil Hellas (MOH) has struck a deal with its compatriot Aktor to divest half of its subsidiary’s stake in a floating storage and regasification unit (FSRU) project, which is anticipated to boost liquefied natural gas (LNG) supply in the European country.
Norway’s oil and gas player Vår Energi has prolonged a drilling assignment, which is being undertaken on the Norwegian Continental Shelf (NCS) with one of the semi-submersible rigs owned by COSL Drilling Europe, an offshore drilling contractor.
Aquaterra Energy and James Fisher and Sons have established a decommissioning partnership to offer operators a single, integrated route to plan and execute well abandonment and infrastructure removal programs more efficiently, with fewer interfaces and greater execution certainty. Aquaterra Energy i
Offshore Renewable Energy Sustainability Alliance (ORESA), an Interreg North-West Europe project, is inviting small and medium-sized enterprises (SMEs) developing innovative products, technologies, or services within the offshore energy sector to apply for its third innovation call. The Innovation C
London-listed oil and gas company Harbour Energy has wrapped up the acquisition of all subsidiaries of Waldorf Energy Partners Limited (WEPL) and Waldorf Production Limited (WPL), enlarging its hydrocarbon asset portfolio in the UK sector of the North Sea.
Norway’s oil and gas player Vår Energi has secured a drilling permit for operations in the Norwegian North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.
Norwegian energy data and intelligence company TGS and compatriot geophysical technology and service company Allton have signed a strategic collaboration agreement focused on accelerating the deployment of innovative deepwater ocean-bottom node (OBN) technology. The parties have agreed on exclusive
Vantage Drilling, a Bermuda-exempt offshore drilling contractor, has stopped trading on Euronext Growth following the completion of its business combination with Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors. It was reported at the end of June tha
WIND, a Netherlands-based company delivering subsea cable logistics, cable recovery, and related services, has opened a cable storage and offshore service hub in Sweden to serve the Baltic region. WIND Group has signed a long-term agreement with Smålandshamnar to establish the dedicated yard in the
Nigerian integrated energy company Renaissance Africa Energy has made a new oil discovery offshore Nigeria, supporting the country’s strategy to expand crude oil reserves, increase production and strengthen long-term energy security. The JK-004 exploration well in Oil Mining Lease (OML) 74 encounter
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract which it says is one of the largest umbilical contracts awarded in the industry to date, for a field development project in Indonesian waters. The contract, awarded by Eni North Ganal Limited, a subsidiary o
Brazil’s state-owned energy firm Petrobras has concluded the acquisition of an interest and operatorship in an exploration block off the coast of São Tomé and Príncipe. The Brazilian player reported on April 17 the signing of an agreement to acquire an interest and assume operatorship of Block 3 off
Scottish transmission system operator (TSO) SSEN Transmission has signed a long-term framework agreement with Sumitomo Electric Industries and Van Oord Offshore Wind UK for the engineering, supply, transport and installation of high-voltage direct current (HVDC) subsea cable systems to support futur
