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TGS acquires three Polarcus 3D multi-client seismic surveys
Business & Finance

TGS acquires three Polarcus 3D multi-client seismic surveys

Norwegian energy data and intelligence provider TGS has acquired three 3D multi-client seismic surveys of Polarcus offshore Australia.

about 5 years ago
Na Kika platform - BP
Business & Finance

BP fires up the fourth of five major projects expected in 2021

Oil major BP has started production at the fourth of five major projects expected to be delivered globally in 2021.

about 5 years ago
The West Hercules drilling rig - Norway
Business & Finance

Norway offers four licences to seven oil & gas players

Seven oil and gas companies have been offered four production licences located offshore Norway as part of the country’s 25th Licensing Round.

about 5 years ago
Baker Hughes
Business & Finance

Baker Hughes and Borg CO2 to collaborate on Norwegian CCS hub

Oilfield services major Baker Hughes and Norwegian carbon capture and storage developer Borg CO2 have signed a memorandum of understanding (MOU) to collaborate on a CCS project to serve as a hub for the decarbonization of industrial sites in the Viken region of Norway.

about 5 years ago
Teledyne Optech makes first delivery of CZMIL SuperNova
Business & Finance

Teledyne Optech makes first delivery of CZMIL SuperNova

Teledyne Optech has delivered its next-generation geospatial bathymetric lidar CZMIL SuperNova to Norwegian mapping firm Terratec. Terratec is the first private company to acquire the CZMIL SuperNova since Teleydne Optech launched it in mid-June. “Terratec is excited to be the first customer worldwi

about 5 years ago
Photo showing Eco Wave Power Global's Gibraltar wave power plant (Courtesy of EWPG)
Business & Finance

Eco Wave Power files preliminary prospectus for $9M IPO on U.S. Nasdaq

Swedish-Israeli company Eco Wave Power Global (EWPG) has filed a preliminary prospectus for a contemplated $9 million initial public offering (IPO) of shares for trading on Nasdaq in the United States.

about 5 years ago
teco 2030
Business & Finance

TECO 2030 raises more funds for its fuel cell development

Norwegian engineering and equipment development company TECO 2030 ASA has raised NOK 20 million ($2.3 million) through a private placement of 3.2 million of new shares. The shares were issued at a price of NOK 6.164 per share to three new investors. “We intend to use the net proceeds from the privat

about 5 years ago
Kittiwake - Petrofac - EnQuest
Business & Finance

EnQuest renews Kittiwake gig for Petrofac

Petrofac will build on its 18-year tenure supporting the Kittiwake platform, following the award of a contract extension from EnQuest.

about 5 years ago
containers
Business & Finance

MPC Container Ships to acquire Songa Container in $210m deal

Norwegian containership owner MPC Container Ships ASA has entered into a share purchase agreement to acquire compatriot Songa Container AS for $210.25 million on a debt and cash-free basis. Upon closing of the deal, Songa’s fleet will comprise 11 container vessels with an average size of 2,250 TEU a

about 5 years ago
Valaris JU-110
Business & Finance

Valaris rig booked for three-year job in Qatar

Offshore drilling contractor Valaris has been awarded a three-year contract with North Oil Company offshore Qatar.

about 5 years ago
Shore Power
Business & Finance

3 reasons electrification of ships makes sense

Electrification and hybridization of ships have been picking up in the industry for a while now, being the predominant choice for short-sea shipping. There are several solutions on the market to choose from such as shore power connection, battery hybrid solutions, shaft generators, or alternative el

about 5 years ago
Hapag-Lloyd containership
Business & Finance

Hapag-Lloyd behind order for 6 dual-fuel ULCVs at DSME

German liner major Hapag-Lloyd revealed it has hired the South Korean shipyard Daewoo Shipbuilding & Marine Engineering to build six dual-fuel containerships with a capacity of over 23,500 TEU. The shipbuilder disclosed the deal earlier today, without naming the company behind the order. The contrac

about 5 years ago
venting and flaring guidance - OGA UK
Business & Finance

UK’s OGA orders zero routine flaring & venting for all by 2030 latest

UK’s Oil and Gas Authority has issued an updated guidance on flaring and venting, which sets out a tougher approach to driving reductions.

about 5 years ago
Solstad Offshore
Business & Finance

Solstad Offshore gets rid of third PSV in two months

Norwegian shipowner Solstad Offshore has sold one of its platform supply vessels (PSV), making it the third vessel sale in two months.

about 5 years ago
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