Wintershall Dea has completed another milestone for its operated Nova project, located offshore Norway, following the installation of the risers on the North Sea field.
Crown Estate Scotland is awarding £500,000 for the development of the local offshore wind market. The funds comprise £300,000 for Scottish Offshore Wind Energy Council (SOWEC) projects and £200,000 for environmental research. The awarding of SOWEC funding will be linked to criteria which include ali
Subsea protection specialist Tekmar has recently secured a number of contracts with an aggregate value of over £6 million due for delivery in 2021 financial year. During August, Tekmar Energy and Pipeshield International won multiple contracts to supply subsea asset protection and stabilisation tech
The Interreg Atlantic Area funded PORTOS Project has opened 2nd call for renewable energy device testing. Technologists within the Atlantic Area are invited to submit applications outlining their novel marine renewable energy technology. Applications will be reviewed and evaluated by an independent
Singapore-based business trust First Ship Lease Trust (FSL Trust) has secured a sale and leaseback deal for its two LR2 product tanker newbuilds.
Jadestone Energy has set up a new offtake arrangement for the Stag oil field following Altera’s decision to retire the FSO Dampier Spirit.
Swiss freight trader Cargill has invested in ZeroNorth, the recent spin-off from Maersk Tankers, committing its entire operated fleet to use the Optimise software to reduce CO2 emissions through digital technology. The tie-up comes on the back of ZeroNorth’s announcement back in June that it was loo
Norwegian offshore safety watchdog has launched an investigation into challenges related to the completion of the hull and equipment for Equinor’s Johan Castberg FPSO.
Norfolk County Council (NCC) has secured GBP 6 million of funding to deliver an offshore energy operations and maintenance campus at the Port of Great Yarmouth. The site will be located at the entrance of River Yare and will have closer proximity to the Southern North Sea offshore energy developmen
The Seattle-based company Oscilla Power has so far raised over $200K from its crowdfunding campaign on MicroVentures. Specifically, through this campaign, Oscilla is looking to raise up to $1 million. Oscilla Power’s flagship product is the Triton wave energy converter. The device consists of a larg
U.S. energy giant ExxonMobil is assessing whether to cut jobs worldwide after announcing a voluntary lay-off programme in Australia.
London-based firm Silverstream Technologies is expanding its team by over 90% to support the increasing demand and uptake of its air lubrication technology. The company announced a flurry of new appointments to its senior leadership saying the expansion reflects the increasing demand for its technol
Offshore drilling contractor Dolphin Drilling has been awarded an $83 million worth contract with Mexican operator Pemex.
Offshore helicopter operator Bristow Group will rename its Aeróleo division in Brazil to Bristow and remain focused on its support of the oil and gas industry and other vertical lift solutions.
