Saipem 12000, a Saipem-owned drillship, is resuming drilling operations at the Coral Sul project offshore Mozambique following an eight-month delay.
Innovation Norway has granted financial support to the Deep Purple project, which is developing a green hydrogen production system powered by offshore wind, with the hydrogen being stored on the seabed. A consortium led by TechnipFMC is working on a pilot project that will see a green hydrogen offsh
Offshore wind developer Parkwind has secured a loan from the European Investment Bank (EIB) for the construction of the 257 MW Arcadis Ost 1 wind farm. The amount approved is EUR 450 million. Located some 19 kilometres off the island of Rugen in the German Baltic Sea, Arcadis Ost 1 will comprise 27
Allseas’ giant heavy lift vessel, the Pioneering Spirit, will remove the DP3 and DP4 platforms from Morecambe Bay off the UK for Spirit Energy.
UK’s fund management company Tufton Oceanic has announced a deep corporate reorganisation designed to ensure further growth.
Houston-based Oceaneering said it has won multiple contracts for its Integrity Management and Digital Solutions (IMDS) segment, since the beginning of Q4 2020. The contracts range in duration from three to five years, with a cumulative value exceeding $250 million. These awards, from major operators
Plug Power and SK Group have unveiled plans to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets.
Scorpio Bulkers Inc. intends to change its name to Eneti Inc as part of its transition away from the dry bulk business towards marine-based renewable energy. “The change of the company’s name is subject to approval at an Extraordinary General Meeting to be held on February 3, 2021 for shareholders o
Oil and gas company Ithaca Energy, a subsidiary of Israel’s Delek Group, has appointed David Crawford as Chief Financial Officer of the company.
Geneva-based commodity trader Trafigura is investing up to €30 million into Belgium’s largest Battery Energy Storage Systems (BESS) at Nyrstar’s zinc smelting facility in Balen. The investment will be the first live project by Nala Renewables, Trafigura’s newly formed joint venture company with IFM
Hudong–Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation, hosted a groundbreaking ceremony for the second phase of the China Shipbuilding Changxing Shipbuilding Base. The Hudong-Zhonghua new factory site is located along the south coast of Shanghai Changxing Island, with an
ConocoPhillips has received consent from the Norwegian offshore safety watchdog for remote operation of a North Sea platform.
Oil and gas company Pandion Energy has entered into an agreement with Wintershall Dea to acquire interests in two licences located offshore Norway.
Subsea services firm Ashtead Technology has appointed a chief financial officer (CFO) and five managers for newly created roles across its international team. Ashtead said the appointments underline the company’s strategic growth plans to strengthen its position in the global offshore energy market
