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Business Developments & Projects

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In push to make seismic acquisition fully autonomous, next-gen OBN handling system comes to market
Business Developments & Projects

In push to make seismic acquisition fully autonomous, next-gen OBN handling system comes to market

PXGEO and Saab have developed what is said to be a next-generation ocean bottom node (OBN) handling system in a push to make offshore seismic data acquisition fully autonomous. According to the partners, the next-generation MantaRay OBN handling system uses hovering autonomous underwater vehicles (H

about 3 years ago
Wärtsilä’s ammonia release mitigation system gets DNV’s nod
Business Developments & Projects

Wärtsilä’s ammonia release mitigation system gets DNV’s nod

Finnish technology group Wärtsilä has received approval in principle (AiP) from classification society DNV for Wärtsilä Ammonia Release Mitigation Systems (WARMS).

about 3 years ago
Noble Highlander jack-up rig (for illustration purposes); Source: Noble Corporation
Business Developments & Projects

May brings upsurge in international offshore rig count activity

Baker Hughes’ international rig count report indicates that the number of offshore rigs was on an upward trajectory in May 2023.

about 3 years ago
FPSO Almirante Barroso MV32; Source: MODEC
Business Developments & Projects

MODEC cheers first oil from Brazilian FPSO

MODEC has confirmed the start of production from a new FPSO, which is deployed at Petrobras’ giant deepwater oil field off Brazil.

about 3 years ago
QatarEnergy: Steel cut for first Korean LNG carrier as part of fleet expansion
Business Developments & Projects

QatarEnergy: Steel cut for first Korean LNG carrier as part of fleet expansion

State-owned LNG giant QatarEnergy has celebrated the steel cutting of the first of its new generation of chartered LNG carriers to be built at a South Korean shipyard as part of its LNG fleet expansion project. On 3 June, QatarEnergy said it joined the shipbuilder Samsung Heavy Industries and JP Mor

about 3 years ago
MHI WinGD
Business Developments & Projects

Mitsubishi Shipbuilding to develop an ammonia fuel supply system for WinGD

Mitsubishi Shipbuilding Co., part of the Japanese major Mitsubishi Heavy Industries (MHI) Group, will conduct technical studies on an ammonia fuel supply system for large, low-speed two-stroke marine engines which are being developed by Swiss marine engine maker Winterthur Gas & Diesel AG (WinGD). T

about 3 years ago
Offshore areas’ map for Open Uruguay Round; Source: ANCAP
Business Developments & Projects

With last block off Uruguay up for grabs, Isle of Man-based player as sole bidder anticipates award in coming weeks

Challenger Energy has bid for and expects to be awarded a shallow water exploration block located off Uruguay.

about 3 years ago
Mediterranean gig for PGS
Business Developments & Projects

Mediterranean gig for PGS

Oslo-headquartered seismic company PGS has secured a 3D exploration acquisition contract in the Mediterranean with an undisclosed company. Seismic vessel Ramform Hyperion is in charge of carrying out the work and is set to mobilize for the survey late in the third quarter of 2023. According to PGS,

about 3 years ago
FPSO Espoir Ivoirien; Source: BW Offshore
Business Developments & Projects

BW Offshore secures time to hash out sale talks with new FPSO extension deal off Ivory Coast

BW Offshore has secured a short-term contract extension for one of its FPSOs, which is working at a field located offshore the Ivory Coast.

about 3 years ago
In focus: Investments in clean energy to top $1.7 trillion in 2023
Business Developments & Projects

In focus: Investments in clean energy to top $1.7 trillion in 2023

Worldwide investments in clean energy are projected to reach $1.74 trillion in 2023, a 7.6 percent increase compared to $1.617 trillion invested in green energy in 2022, according to a recent report by the International Energy Agency (IEA). The investments in fossil fuels are also expected to rise,

about 3 years ago
Woodside-operated North Rankin Complex; Source: KBR
Business Developments & Projects

Worker dies in incident at Australia’s ‘largest offshore gas processing facility’

Woodside has reported an incident, which resulted in a fatality at its operated gas processing facility offshore Western Australia.

about 3 years ago
Trade Wings 2500
Business Developments & Projects

LDA, VPLP & Alwena team up on wind assisted/propelled containership

Louis Dreyfus Armateurs (LDA), VPLP Design (VPLP) and Alwena Shipping (Alwena) have signed a Memorandum of Understanding (MoU) to form an alliance that will work on developing a wind-assisted/propelled containership. The ship is based on the Trade Wings 2,500 concept for small-size containerships ca

about 3 years ago
Smart Green Shipping, NTS to collaborate on new wing sail designs
Business Developments & Projects

Smart Green Shipping, NTS to collaborate on new wing sail designs

UK shipping solutions provider Smart Green Shipping and nuclear transport solutions supplier Nuclear Transport Solutions (NTS) have joined hands to assess the technical, commercial and environmental viability of using 21st-century wing sail designs for commercial ships.

about 3 years ago
Saipem completes subsea production network for oilfield project offshore Angola
Business Developments & Projects

Saipem completes subsea production network for Angolan oilfield project

Italian oilfield services provider Saipem has completed works for the subsea production network for Azule Energy’s Agogo field development project offshore Angola. Saipem reported on 2 June that its team had completed the subsea production network for the Early Phase 2 development of the Agogo field

about 3 years ago
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