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Illustration/Oscilla Power's Triton-C wave energy converter design (Courtesy of Oscilla Power)
Business & Finance

TEAMER backs 14 marine renewable energy projects

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 14 marine energy projects to receive testing and technical support as part of its third call for applications.

about 5 years ago
Energy-transition-takes-spotlight-in-Aker-Solutions-record-orderbook
Business & Finance

Energy transition takes spotlight in Aker Solutions’ record orderbook

Aker Solutions reported an order intake of NOK 12.2 billion in the second quarter of 2021, said to be the strongest in several years, of which about 60% is related to energy transition work. Aker Solutions saw its orderbook go up almost 30% in Q2 2021 compared to the same period last year, equaling

about 5 years ago
Acorn
Business & Finance

Carbon Clean to carry out FEED on Acorn carbon capture plant

CO2 separation tech provider Carbon Clean has been awarded the contract to carry out the front-end engineering design (FEED) services for the Acorn carbon capture plant at St Fergus.

about 5 years ago
containers
Business & Finance

Seaspan pockets $750 million from “blue transition” bonds

Seaspan Corporation, a subsidiary of Atlas Corp., has raised $750 million in senior unsecured notes in the U.S., to help fund projects that “would reduce the environmental impact of its fleet.”

about 5 years ago
MODEC FPSO
Business & Finance

MODEC and TOYO in talks for FPSO joint venture

Japan’s FPSO provider MODEC and Toyo Engineering Corporation are entering into talks to study an alliance for FPSO vessels.

about 5 years ago
Ardyne and Equinor jointly developing well decommissioning tech
Business & Finance

Ardyne and Equinor jointly developing well decommissioning tech

UK-based Ardyne is launching a new joint industry project (JIP) with Norwegian energy company Equinor to further develop its well decommissioning technology TITAN RS.

about 5 years ago
Siem Offshore
Business & Finance

Siem Offshore picks new chief financial officer

Offshore vessel owner Siem Offshore has named a new chief financial officer of the company, effective from 1 August 2021.

about 5 years ago
ADNOC
Business & Finance

Schlumberger and Halliburton win big as ADNOC dishes out $763.7 million in new deals

UAE’s oil and gas giant ADNOC is making an investment of $763.7 million in integrated rigless services on six of its artificial islands.

about 5 years ago
Unmanned underwater vehicles market at $4.1 billion revenue in 2020
Business & Finance

Unmanned underwater vehicles market at $4.1 billion revenue in 2020

The global unmanned underwater vehicles (UUVs) market generated $4,104.2 million in revenue in 2020, according to research by P&S Intelligence. The market is said to be driven by the increasing requirement for maritime security equipment, advancements in underwater inspection systems, and surging sp

about 5 years ago
Clipper South in the SOuthern North Sea
Business & Finance

Petrofac gets three-year gig in Southern North Sea

Petrofac has won a three-year contract with ONEgas, a cross-border asset between Shell UK and the Nederlandse Aardolie Maatschappij.

about 5 years ago
PetroRio
Business & Finance

PetroRio hires Ocyan rig for Frade, Wahoo work off Brazil

Brazilian oil and gas company PetroRio has hired Ocyan Drilling’s semi-submersible rig for the Frade field revitalization campaign and the Wahoo field development.

about 5 years ago
Seadrill's West Saturn drillship - FUELSAVE
Business & Finance

FUELSAVE tech deployed on Seadrill drillship to cut emissions in decarbonisation push

FUELSAVE will deploy its combustion conditioning tech to reduce primary fuel oil consumption and cut emissions following a contract with Seadrill.

about 5 years ago
Saipem
Business & Finance

Saipem seals floating wind deal

Italy’s Saipem has finalized the closing of the agreement to acquire the floating offshore wind business of France’s Naval Energies. Saipem and Naval Energies, a subsidiary of France’s Naval Group, signed an agreement for the acquisition in early June. The two parties have now communicated that all

about 5 years ago
Covid-19 outbreak on Shearwater field in the North Sea
Business & Finance

More Covid-19 cases identified amid outbreak at Shell’s North Sea hub

The number of positive Covid-19 cases and close contacts on Shell’s Shearwater field in the UK North Sea has increased since last week.

about 5 years ago
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