Equinor has hired CHC Helicopter, a Texas-based helicopter services provider, on a long-term assignment at two oil and gas projects in the UK sector of the North Sea.
The French Port of Rochefort-Tonnay-Charentes has deployed Canadian dynaCERT’s hydrogen-based technology, HydraGEN, for the first time on a crane in an effort to reduce greenhouse gas (GHG) emissions from port tools, machinery, and equipment.
Shell Catalysts & Technologies, a subsidiary of UK-headquartered energy giant Shell, has joined forces with France’s engineering company Technip Energies to come up with a post-combustion amine-based carbon capture solution, which will up the industrial sector’s decarbonization ante.
South Korean Taihan Cable & Solution is investing $360 million for the first phase of construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. Taihan opened t
Equinor has signed a multi-year natural gas supply agreement with BASF, a developer of a broad portfolio of component solutions for manufacturing consumer goods, which plans to use this gas for its needs in Europe.
Subsea7 has secured two new contracts, one with Norwegian state-owned energy company Equinor for work in Norway and the other with UK-headquartered energy firm Shell for the provision of services in the U.S. Namely, Subsea7 announced the award of a large contract, worth between $300 million and $500
Swedish wave energy developer CorPower Ocean has secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round. The investment builds on CorPower’s earlier €32 million Series B1 raise, sup
Switzerland-based offshore drilling contractor Transocean has secured a new batch of contracts and extensions in Australia, Norway, Ivory Coast, and Brazil for four floaters, encompassing two drillships and two semi-submersible rigs.
Norwegian oil and gas player Aker BP has made progress in bringing an offshore platform to life by installing a new jacket at an oil and gas development in the North Sea, off the coast of Norway.
The European Union (EU) and Papua New Guinea (PNG) have deepened their partnership with the launch of infrastructure projects focused on greening and modernizing Rabaul Port and expanding access to safe water.
Denmark-headquartered power cable manufacturer and installation firm NKT has selected Helix Robotics Solutions Limited, the UK robotics division of Helix Energy Solutions Group, as the service provider for what is said to be the world’s most powerful subsea trencher. NKT and Helix Robotics entered i
Singapore-based ship owner and operator BW LPG has closed two financing facilities totaling $595 million, aimed at supporting the fleet renewal, refinancing existing debt and ensuring ample liquidity for future investments. As disclosed, the company has closed a $380 million term loan and revolving
EnQuest EP, a subsidiary of London Stock Exchange-listed energy player EnQuest, has secured a production sharing agreement (PSA) for Block C, covering three offshore fields in Brunei Darussalam, for which a final investment decision (FID) is anticipated to be reached within the next two years.
Allseas has resumed pipelaying for the first offshore carbon capture and storage (CCS) project in the Netherlands after a one-month break caused by a technical issue. Allseas’ purpose-built offshore construction vessel (OCV) Oceanic was in charge of a special unexploded ordnance (UXO) survey along t
