The Norwegian authorities have granted Repsol the consent for the start-up of the Yme field in the North Sea, 20 years after the last time the field was on stream.
Offshore drilling contractor Borr Drilling has secured a letter of award (LOA) for one of its jack-up drilling rigs from an undisclosed operator in Malaysia.
Hong Kong-based CK Hutchison Holdings Limited said that the CK Hutchison Group has entered into a binding agreement with holding company Swire Pacific Limited to acquire 50% interest in Hongkong United Dockyards Limited (HUD) from Swire Pacific.
Six industry partners have kicked off a joint industry project to develop software that integrates all GIS, hydrographic, geophysical, geological, and geotechnical data types and contractor interpretations into one software environment. The software is being developed by Norway’s Geocap, while other
Oil major BP has agreed to settle a $29.3 million outstanding commitment to drill an exploration oil well in Gambia’s offshore A1 block.
SEAJET Systems (SJS) has signed a manufacturing partnership agreement with Soil Machine Dynamics (SMD) for subsea excavation and trenching technology. The partnership will see SMD exclusively build, test and commission the fleet of CFE equipment in its production facility in Wallsend, Newcastle upon
South Korean shipbuilder Hyundai Heavy Industries (HHI) has decided to raise capital amounting up to KRW 1.08 trillion (about $932.8 million) in an effort to fund the development of eco-friendly vessel technologies.
Welsh marine energy company Marine Power Systems (MPS) has completed its crowdfunding campaign on Crowdcube, raising over £4 million to further advance its offshore renewable energy technology.
Africa-focused oil and gas firm Tower Resources has signed an agreement to farm-out a 49 per cent non-operating working interest in its Thali PSC offshore Cameroon to Beluga Energy.
Lime Petroleum, a subsidiary of Rex International, has signed an agreement with Aker BP to acquire 20 per cent interests in the PL867 and PL867B licenses in the North Sea.
The Netherlands-headquartered WIND has completed the acquisition of Offshore Cable Equipment (OCE). According to WIND, OCE is a rental/retail company that operates five offshore subsea cable carousels from 300 mt up to 7,000 mt capacity. OCE is set to further develop the engineering of carousels and
Energy supermajor Shell has selected Gate Energy as the provider of facility commissioning services for the Whale development in the U.S. Gulf of Mexico.
Prysmian has taken delivery of its new 170-meter long cable-laying vessel (CLV) Leonardo da Vinci. Leonardo da Vinci’s first deployment will be the installation of the Viking Link submarine cable connection between the UK and Denmark. The vessel has just arrived at Prysmian’s Arco Felice production
Global energy consultancy Xodus has been awarded a conceptual engineering design contract by Petronas for its first complete carbon capture and storage (CCS) project offshore Malaysia.
