Subsea Integration Alliance, the partnership between Subsea 7 and OneSubsea, is anticipating the final confirmation of an EPCI contract with Equinor for the Bacalhau field “in the near future”. If confirmed, the work scope will cover the engineering, procurement, construction and installation (EPCI)
German dry bulk operator Oldendorff Carriers has continued with the expansion of its fleet through several deals made with Japanese partners.
Swedish-Israeli company Eco Wave Power (EWP) has signed a memorandum of understanding (MoU) with the Pecém Complex for the implementation of its wave power plant in the facilities of Pecém Port in the northeastern Brazil.
Longboat Energy, established by the former management of Faroe, will carry out fundraising to pay for seven wells in Norway.
Offshore accommodation rig provider Floatel International has been awarded another contract, making it the third one in about a week.
Japanese shipping major Nippon Yusen Kaisha (NYK) took delivery of a new liquefied natural gas (LNG) carrier Diamond Gas Crystal, built at Hyundai Samho Heavy Industries (HSHI).
Due to challenges faced in constructing the hull and equipment for the Johan Castberg FPSO, the project is now about a year behind schedule.
Swedish wave energy company Seabased has unveiled plans to build a 10MW wave power park at Audierne Bay, located in the French region of Brittany.
A plan to accelerate the decarbonisation of oil & gas assets through a 200-turbine floating wind and hydrogen development has been revealed.
Swedish power-to-fuel developer Liquid Wind has raised €4 million ($4.9) in equity investment for the development of eMethanol production facility.
Ulstein has designed a new seismic research vessel for the Korea Institute of Geoscience and Mineral Resources (KIGAM). The 92-meter long and 21-meter wide vessel will be constructed at Hanjin Heavy Industries & Construction in South Korea. According to Ulstein, the SX134 design research vessel will
Norwegian oil major Equinor, along with its partners, has decided to develop phase one of the Bacalhau field in the Brazilian pre-salt Santos area.
Oil and gas giant Equinor has concluded the drilling of a wildcat well in the Barents Sea, but the well is dry.
The chief executive officer (CEO) role of oil and gas company Vår Energi has been formally taken over by Torger Rød, following the announcement of his appointment at the start of 2021.
