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Business & Finance

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Deepsea Bollsta rig; Source: Northern Ocean
Business & Finance

Fresh drilling gig in Norwegian waters scraps rig’s idle time before its multi-year job begins

Northern Ocean (NOL) has confirmed a short-term assignment with an undisclosed operator on the Norwegian Continental Shelf (NCS) for a semi-submersible rig, which is currently under contract in Africa.

about 1 year ago
Petrobras and Ecopetrol confirm Colombia's most significant gas discovery ever by drilling the Sirius-2 well with Noble Corporation's Noble Discoverer semi-submersible rig; Source: Petrobras
Business & Finance

‘Most significant gas discovery’ offshore Colombia puts $4.1 billion on the investment horizon

Petrobras and its partner, Ecopetrol, have confirmed a giant natural gas discovery off the coast of Colombia.

about 1 year ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Business & Finance

North Sea FPSO goes offline once again

The oil and gas production at a floating production, storage, and offloading (FPSO) vessel in the North Sea, which is working on oil and gas assets operated by the UK-based upstream oil and gas player Serica Energy on the UK Continental Shelf (UKCS), has been switched off a week after partial restar

about 1 year ago
Damen
Business & Finance

Damen unveils ‘groundbreaking’ hull cleaning offering with ROV in starring role

Damen Shiprepair, part of Damen Shipyards Group, has revealed a hull cleaning service that uses a remotely operated vehicle (ROV) for its task. This vessel technology is said to be the first of its kind in France.

about 1 year ago
A large vessel at sea
Business & Finance

New duo comes on board Argentinian FLNG project

Two energy players have joined a floating liquefied natural gas (FLNG) project being co-developed by Southern Energy S.A. (SESA), a joint venture (JV) formed by Golar LNG, a Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, and Latin American integrate

about 1 year ago
Elyse Energy secures funding for sustainable fuels production projects
Business & Finance

Elyse Energy secures funding for sustainable fuels production projects

Elyse Energy has secured circa €120 million from Hy24, PGGM, Bpifrance and Mirova to accelerate the development of its e-methanol and sustainable aviation fuel production projects in France and Spain.

about 1 year ago
Well-Safe Defender rig; Source: Well-Safe Solutions
Business & Finance

Well-Safe Solutions’ rig braves 13 North Sea storms to carry out Spirit Energy’s 15-well decom program

Well-Safe Solutions has shed more light on its decommissioning assignment with Spirit Energy, a North Sea operator, after crossing the finish line a few months ago, resulting in the completion of abandonment activities for 15 wells and recovery of 45.7 kilometers of tubing and casing alongside four

about 1 year ago
Mariner field in UK North Sea; Credit: Jamie Baikie/Equinor
Business & Finance

Shell and Equinor’s oil & gas merger giving birth to ‘biggest independent producer’ in UK North Sea

Shell and Equinor have set their cap on merging their offshore oil and gas assets in Great Britain to bring to life a combined company they claim will be the largest independent oil and gas player in the UK sector of the North Sea.

about 1 year ago
Åsgard B platform; Credit: Gudmund Nymoen/Equinor
Business & Finance

Oil & gas flows from ‘win-win’ subsea tie-back offshore Norway

Equinor has brought online a development project in the Norwegian Sea, which has been tied back to existing infrastructure at a field off the coast of Norway.

about 1 year ago
Cable-laying vessel; Source: NYK
Business & Finance

Thumbs-up for NYK’s long-distance subsea cable-laying vessel design

ClassNK has given its approval in principle (AiP) to Nippon Yusen Kabushiki Kaisha (NYK Line) for a design concept of a cable-laying vessel envisioned to handle the construction of a long-distance subsea direct current (DC) transmission network in Japan.

about 1 year ago
TenneT taps ABL for MWS services in Germany
Business & Finance

TenneT taps ABL for MWS services in Germany

The German transmission system operator (TSO) TenneT has selected ABL to provide marine warranty survey (MWS) services for the subsea cable interconnections between two of Germany’s offshore wind farms and the DolWin6 offshore converter station. The three subsea cables to be installed between the N-

about 1 year ago
Adriatic LNG; Source: VTTI
Business & Finance

Duo finalizes acquisition of shares in ‘key energy infrastructure’ to boost Italy’s security of supply

Following the acquisition of shares, VTTI has taken the largest stake in an Italian liquefied natural gas (LNG) terminal as Snam increased its interest in the same project.

about 1 year ago
Lone Star semi-submersible rig; Source: Constellation Oil Services
Business & Finance

Baker Hughes, OneSubsea, and Constellation sign up for subsea and drilling jobs at Brazilian oil fields

Brava Energia has hired Baker Hughes, SLB’s OneSubsea, and Constellation Oil Services to bring to life its first integrated development campaign at two offshore oil fields with an option to develop a third one as a tie-back to existing infrastructure off the coast of Brazil.

about 1 year ago
HullWiper's ROV hull cleaning solution in action; Source: HullWiper
Business & Finance

Two players bringing ROV hull cleaning tech to Singapore for ‘greener’ shipping

UAE-headquartered HullWiper has joined forces with Singapore’s Unidive Subsea to provide its remotely operated vehicle (ROV) hull cleaning technology in Singapore.

about 1 year ago
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