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Deepsea Nordkapp rig - Aker BP
Business & Finance

Aker BP gearing up for Barents Sea well

Norwegian Petroleum Safety Authority has given consent to Aker BP for drilling in the Barents Sea, using the Deepsea Nordkapp rig.

about 5 years ago
Photo showing Sustainable Marine's 420kW PLAT-I 6.40 floating tidal energy platform (Courtesy of Sustainable Marine Energy)
Business & Finance

Sustainable Marine, German partners to advance tidal turbine blades

UK-based marine energy company Sustainable Marine Energy is adopting cutting-edge aerospace and wind energy technology in a new project set to drive the evolution of tidal turbine blades.

about 5 years ago
Focusing on productivity and sustainability
Business & Finance

Focusing on productivity and sustainability

While dredging is often seen as a dirty and unattractive business, it plays a vital role in keeping ports and waterways around the world open for commerce, transport and recreation. Every year, billions of tonnes of sediment are carried down rivers and along coastlines where they settle onto sea and

about 5 years ago
Petronas
Business & Finance

Petronas assigns development of two fields to Vestigo

Petronas has awarded the PSC for two offshore fields under the newly introduced Small Field Asset PSC terms, to Vestigo Petroleum.

about 5 years ago
Resen Waves' Smart Power Buoy (Courtesy of Resen Waves)
Business & Finance

Resen Waves, Ulstein Belga Marine team up for smart power buoys

Danish wave power company Resen Waves has signed a partnership agreement with Ulstein Belga Marine to deliver smart power buoys to the Brazilian offshore energy industry.

about 5 years ago
Transocean Norge rig - Equinor
Business & Finance

Equinor to put new oil & gas find on stream immediately

Equinor and partners Total and Vår Energi have struck oil and gas in a new segment belonging to the Tyrihans field in the Norwegian Sea.

about 5 years ago
Stabilis reaches record quarterly revenue and LNG deliveries
Business & Finance

Stabilis reaches record quarterly revenue and LNG deliveries

U.S. small-scale LNG and hydrogen provider Stabilis Solutions posted record preliminary first quarter 2021 revenues in the range of $17.5 million to $17.8 million and an increase in LNG delivery.

about 5 years ago
Rendering of the Sangomar FPSO
Business & Finance

Remus ditches FAR takeover plans amid lack of funding

Remus Horizons will not be making a takeover offer for FAR, which would have given it access to the Sangomar project off Senegal.

about 5 years ago
Illustration (Courtesy of TechnipFMC)
Business & Finance

TechnipFMC lands Petrobras’ subsea job offshore Brazil

TechnipFMC has secured a subsea contract from Petrobras for the supply of manifolds for the Marlim and Voador fields, located offshore Brazil.

about 5 years ago
Eidesviks-Acergy-Viking-Becoming-Eco-Friendly
Business & Finance

Eidesvik’s Acergy Viking becoming eco-friendly

Eidesvik Offshore is set to upgrade its service operation vessel (SOV) Acergy Viking as part of the company’s ambition to reduce its fleet emissions by 50% by 2030. Acergy Viking will be updated with a battery pack and hybrid propulsion solution, which is expected to bring to a reduction of diesel c

about 5 years ago
York platform - Spirit Energy
Business & Finance

Spirit Energy extends the life of North Sea gas field

The Spirit Energy-owned York gas field located has been given another three years of life following a successful life extension project.

about 5 years ago
Maersk Integrator rig - Maersk Drilling
Business & Finance

Maersk Drilling adds another Aker BP well to backlog

Offshore rig owner Maersk Drilling has secured an additional one-well contract for the low-emission rig Maersk Integrator with Aker BP.

about 5 years ago
shipping
Business & Finance

Poseidon Principles loan portfolio exceeds $185 billion

With the international banking group Standard Chartered becoming a signatory to the Poseidon Principles, the global shipping loan portfolio of the member banks has surpassed the $ 185 billion mark. This represents around 50 percent of all shipping finance globally, making the Poseidon Principles ini

about 5 years ago
maritime
Business & Finance

Eurazeo launches €300M maritime fund to boost decarbonization

French investment company Eurazeo is launching a sustainable maritime infrastructure thematic fund to finance more environmentally friendly infrastructure and technologies in the maritime sector that support the transition to a low carbon economy.

about 5 years ago
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