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Business & Finance

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Hugin A module; Source: Aker BP
Business & Finance

WATCH: ‘Key’ piece of North Sea oil & gas platform ready for next stage

Drydocks World Dubai, a part of DP World, has slid the final section of a module into place for a new platform destined for deployment at an oil and gas development in the North Sea, off the coast of Norway.

about 1 year ago
DeepOcean, Solstad and Østensjø Rederi launch advanced, 24-meter unmanned surface vessel
Business & Finance

DeepOcean, Solstad and Østensjø Rederi launch advanced, 24-meter unmanned surface vessel

DeepOcean, Solstad Offshore and Østensjø Rederi have christened and launched their advanced, 24-meter-long unmanned surface vessel (USV) Challenger, following several years of development. GONDAN Shipbuilders started the construction of the USV in March 2024, following the order from USV A/S, a join

about 1 year ago
Illustration; Source: AF Offshore Decom - Helene Pettersen
Business & Finance

Multi-million oil & gas decom gig for UK’s offshore platform trio goes to Norwegian firm

AF Gruppen has tucked a new decommissioning assignment under its belt on the UK Continental Shelf (UKCS), which will enable it to take part in engineering and offshore preparation activities for the removal of three platforms in UK waters.

about 1 year ago
Hapag-Lloyd
Business & Finance

Hapag-Lloyd’s HGT secures majority control of Le Havre container terminal

Rotterdam-headquartered Hanseatic Global Terminals (HGT), a fully owned subsidiary of Germany’s container shipping titan Hapag-Lloyd, has acquired a majority stake in CNMP LH, operator of the Atlantique container terminal in Le Havre, France. As informed, HGT has purchased 60% of the shares in CNMP

about 1 year ago
Carnegie Clean Energy has received a €317,945 “milestone payment” from the Basque Energy Agency (Ente Vasco de la Energía - EVE) for its ACHIEVE+ wave energy project.
Business & Finance

Carnegie Clean Energy’s wave energy technology gets funding boost

Australia’s wave energy developer Carnegie Clean Energy has received a €317,945 “milestone payment” from the Basque Energy Agency (Ente Vasco de la Energía – EVE) for its ACHIEVE+ wave energy project. The company’s subsidiary, Carnegie Technologies Spain, secured the payment under EVE’s grants progr

about 1 year ago
FPSO Alexandre de Gusmão; Sourcce: SBM Offshore
Business & Finance

SBM Offshore bids welcome to its ninth FPSO in Brazilian waters (Gallery)

SBM Offshore has corroborated the arrival of a floating production, storage, and offloading (FPSO) vessel to the pre-salt layer of the Santos Basin, which will be the fifth addition to Petrobras’ huge oil field off the coast of Brazil once it flows its first oil later this year.

about 1 year ago
Tyra II; Source: TotalEnergies
Business & Finance

TotalEnergies weeks away from full capacity as its North Sea gas hub hits a snag

TotalEnergies has run into an operational obstacle, which is standing in the way of hitting full production capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
Noble Viking drillship; Source: Noble Corporation
Business & Finance

Shell taps Noble’s 2013-built rig for Asian offshore drilling assignment

Shell has booked a drillship owned by Noble Corporation for drilling activities off the coast of Brunei.

about 1 year ago
MV Stena Immaculate; Source: Stena Bulk
Business & Finance

‘Foul play’ among suspected reasons behind oil tanker–cargo ship North Sea collision

After two ships caught fire in the wake of a collision between a U.S.-flagged oil tanker and a Portuguese container ship, which occurred in the North Sea, north of England, U.S. officials have reportedly been unable to rule out ‘foul play,’ as a potential cause for the crash that set these vessels a

about 1 year ago
Fugro cuts time to USV deployment with in-service certification deal with Lloyd's Register
Business & Finance

Fugro’s in-service certification deal with Lloyd’s Register cuts time to USV deployment

Dutch Fugro has made a move to simplify the certification process for its growing fleet of autonomous uncrewed surface vessels (USVs) with the signature of an agreement with Lloyd’s Register. The signature of the block fee agreement to streamline the in-service certification and maintenance of Fugro

about 1 year ago
Sirius-2 well was drilled with Noble Corporation's Noble Discoverer semi-submersible rig; Source: Petrobras
Business & Finance

Petrobras’ drill stem test underpins gas volumetric potential offshore Colombia

Petrobras, through Petrobras International Braspetro, a Colombian branch (PIB-COL), and its partner, Ecopetrol, have conducted a drill stem test (DST) at a well related to a giant natural gas discovery off the coast of Colombia.

about 1 year ago
A photo of the Fugro Mariner geotechnical vessel at sea
Business & Finance

New geotechnical investigation contract to keep Fugro busy offshore Australia

Netherlands-headquartered Fugro has been awarded a contract for soil investigation services for Parkwind’s Blue Mackerel offshore wind farm in Australia. Fugro will execute offshore geotechnical investigations to support the Blue Mackerel project being developed by Parkwind, part of JERA Nex. For th

about 1 year ago
Polish shipyard starts ordering equipment for DOF's next-gen offshore support vessel
Business & Finance

Polish shipbuilder starts ordering equipment for DOF’s next-gen offshore support vessel

Polish shipbuilder CRIST S.A. has awarded a number of contracts to equip a next-generation offshore support vessel (OSV) it is building for Norwegian vessel owner DOF Group, set to operate offshore Newfoundland and Labrador, Canada. Provisionally named Sea Dragon and scheduled for delivery by Q1 202

about 1 year ago
NKT wraps up first cable installation campaign to connect oil & gas area off Norway to shore
Business & Finance

NKT wraps up first cable installation campaign to connect oil & gas area off Norway to shore

Denmark-headquartered power cable manufacturer and installation company NKT has completed the first installation campaign in Norway to connect an offshore oil & gas development area to shore. NKT is currently carrying out the installation of 255 kilometers of HVAC power cables to connect the Yggdras

about 1 year ago
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