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Port of Rotterdam
Business & Finance

Rotterdam green port project wins €25 million EU grant

Close to € 25 million of EU funding has been awarded as a research grant to the 45-member consortium headed by the Port of Rotterdam Authority to promote smarter, zero-emission transport in ports.

about 5 years ago
TGS buys offshore wind consultancy
Business & Finance

TGS buys offshore wind consultancy

Norwegian seismic company TGS has acquired 4C Offshore, a marketing intelligence and consultancy firm dedicated to the offshore wind sector. The acquisition is TGS’ first after the launch of its New Energy Solutions business earlier this year, established to pursue opportunities related to the energ

about 5 years ago
Shell
Business & Finance

Shell taps Dayang for topside maintenance off Malaysia

Malaysia’s services provider to the oil and gas industry Dayang Enterprise has won a contract with two Shell subsidiaries for the provision of topside maintenance services offshore Malaysia.

about 5 years ago
Belships
Business & Finance

Belships expands fleet with newbuild resale, inks time charter deal

Norway-based bulker owner and operator Belships has decided to acquire a newbuilding resale financed through a bareboat agreement for ten years.

about 5 years ago
Northern Lights carbon capture and storage project
Business & Finance

Spotlight on major projects in carbon capture realm

Carbon capture utilization and storage has gained momentum in the last couple of years as energy transition talks and plans intensified.

11 minutes read
Petrojarl Banff FPSO - Teekay
Business & Finance

After 21 years in North Sea, Petrojarl Banff FPSO ready for recycling – gallery

The Petrojarl Banff FPSO is now moored alongside the MARS quayside in Denmark in preparation for green recycling.

about 5 years ago
Hapag-Lloyd
Business & Finance

Hapag-Lloyd off to a good start in 2021

Despite a slight decline in transport volumes, German container shipping major Hapag-Lloyd closed the first quarter of 2021 with improved revenue and earnings. Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to roughly $1.9 billion in Q1 2021 from $517 million reported i

about 5 years ago
Argeo orders second SeaRaptor AUV from Teledyne
Business & Finance

Argeo orders second SeaRaptor AUV from Teledyne

Norwegian marine survey contractor Argeo has ordered a second newbuild SeaRaptor 6000 autonomous underwater vehicle (AUV) from Teledyne Gavia. The delivery includes several ancillary system components, software and crew training and is planned to take place in early Q4 2021. The vehicle will be iden

about 5 years ago
Ashtead gets funds for unmanned digital twinning project
Business & Finance

Ashtead gets funds for unmanned digital twinning project

Welaptega, an Ashtead Technology company, has secured $500,000 to develop a product to enable the digital twinning of underwater infrastructure without the need for offshore personnel. In collaboration with Whitecap Scientific, SubC Imaging, and Nova Scotia Community College SEATAC division, the new

about 5 years ago
TGS and Horisont Energi cooperating on carbon capture and storage
Business & Finance

TGS and Horisont Energi cooperating on carbon capture and storage

TGS has signed a Memorandum of Understanding (MoU) with carbontech start-up Horisont Energi to jointly develop new carbon capture and storage (CCS) technologies. Under the MoU, the parties will collaborate to identify and develop methods for the identification and classification of CO2 storage reser

about 5 years ago
Zenith
Business & Finance

Zenith Energy buys Candax Energy’s acreage in Tunisia

Canadian oil and gas company Zenith Energy has completed the acquisition of Candax Energy’s Barbados-based subsidiary Ecumed Petroleum Tunisia and with it two licenses in the African nation.

about 5 years ago
Petrofac
Business & Finance

Petrofac CFO set to leave. Replacement already named

The chief financial officer (CFO) of oilfield services provider Petrofac has advised the company of his intention to leave and take up a new role outside of the group.

about 5 years ago
BW Offshore
Business & Finance

BW Offshore chooses APL’s STP system for Barossa FPSO

FPSO operator BW Offshore has hired APL, part of NOV’s completion and production solutions segment, for the supply of a large, submerged turret production (STP) system for the FPSO to be deployed at Santos’ Barossa gas and condensate field offshore of Australia.

about 5 years ago
Maersk Developer rig is working for Total in Suriname - Maersk Drilling
Business & Finance

Maersk rig lands more Suriname work with Total

Offshore drilling contractor Maersk Drilling has secured a one-well contract extension for one of its rigs with Total in Suriname.

about 5 years ago
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