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Business & Finance

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Business Developments & ProjectsVesselsEnvironmentGreen MarineHeavy liftingInnovationOutlook & StrategyProject & TendersTechnologyTransitionVisionAuthorities & GovernmentCertification & ClassificationRegulation & PolicyCollaborationInfrastructureExploration & ProductionEquipmentPorts & LogisticsOperations & Maintenance
PSV Viking Princess; Source: Eidesvik
Business & Finance

Another year added to Eidesvik LNG-powered vessel’s years-long assignment in Norway

Eidesvik Offshore has won a contract extension for one of its platform supply vessels (PSVs), prolonging the vessel’s stay offshore Norway.

about 1 year ago
'First-of-its-kind' methanol-ready energy subsea construction vessel starts taking shape
Business & Finance

‘First-of-its-kind’ methanol-ready energy subsea construction vessel starts taking shape

Norwegian shipping company Rem Offshore has held the keel laying ceremony for what is said to be the first-of-its-kind energy subsea construction vessel (ESCV), set to perform heavy construction work in offshore wind and subsea arenas with net zero emissions. Following the initial steel cutting on J

about 1 year ago
GTT
Business & Finance

French player’s new LNG carrier design gets the go-ahead as deal for eight dual-fuel tankers comes its way

Gaztransport & Technigaz (GTT) has obtained a stamp of approval from Japan’s classification society ClassNK for its 30,000 cubic meters (cbm) membrane-type liquefied natural gas (LNG) carrier design.

about 1 year ago
KCC
Business & Finance

KCC to install ‘largest ever suction sails’ on CABU III newbuild

Norwegian shipowner Klaveness Combination Carriers ASA (KCC) has decided to equip the upcoming CABU III newbuild with “the world’s largest” suction sails.

about 1 year ago
1.2 mtpa FLNG; Source: Wison New Energies
Business & Finance

FLNG construction in progress as Asian player’s project marks ‘critical milestone’ with procurement award

Genting has taken further steps to bring to life its floating liquefied natural gas (FLNG) project, which is said to be the first one in Indonesia.

about 1 year ago
New contract with Vår Energi takes DeepOcean to Barents Sea and North Sea
Business & Finance

New contract with Vår Energi takes DeepOcean to Barents Sea and North Sea

Norway-based ocean services provider DeepOcean has expanded its several years of work for oil and gas company Vår Energi with a new contract set to be performed next year. DeepOcean will perform a subsea campaign for Vår Energi in 2025 that includes inspection, maintenance and repair (IMR) services

about 1 year ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Business & Finance

TotalEnergies finds gas condensate pay in North Sea

TotalEnergies has discovered new gas condensate resources during drilling operations with a Shelf Drilling-owned jack-up rig at a well in the Harald East area. This gas will be exported through the Tyra facilities in the Danish sector of the North Sea.

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

Oil & gas production grinds to a halt as North Sea FPSO goes offline

Serica Energy has confirmed the interruption of production at its assets in the North Sea, which are tied back to an existing floating production, storage, and offloading (FPSO) vessel on the UK Continental Shelf (UKCS).

about 1 year ago
SLB OneSubsea hired to 'accelerate full potential' of BP's deepwater project
Business & Finance

SLB OneSubsea hired to ‘accelerate full potential’ of BP’s deepwater project

OneSubsea, a subsea technology and solutions joint venture (JV) backed by SLB, Aker Solutions and Subsea7, has secured a subsea boosting contract with UK’s energy major BP for a deepwater project in the U.S. Gulf of Mexico. The contract for the Kaskida project is the first engineering, procurement a

about 1 year ago
East Nusa Tenggara in the Indonesian archipelago. Source: Inyanga Marine Energy Group
Business & Finance

HydroWing sets in motion plans for first tidal energy plant in Indonesia

HydroWing, part of Inyanga Marine Energy Group, has secured a binding agreement with a PLN Subholding, the Indonesian state-owned owner of the national grid, to advance plans for Indonesia’s first 10 MW tidal current power plant in East Nusa Tenggara in the Indonesian archipelago. HydroWing previous

about 1 year ago
After Equinor, TotalEnergies enters Reach Subsea's USV qualification program
Business & Finance

After Equinor, TotalEnergies enters Reach Subsea’s USV qualification program

A couple of months after Equinor revealed its participation in the technology qualification program for Reach Subsea’s Reach Remote uncrewed surface vessels (USVs), France’s energy giant TotalEnergies joined as a new collaboration partner. The pilot project with Equinor, TotalEnergies and other “maj

about 1 year ago
initiative
Business & Finance

US unveils winners of $3 billion Clean Ports Program

The U.S. Environmental Protection Agency (EPA) has revealed that 55 applicants across 27 states and territories will receive nearly $3 billion through its Clean Ports Program.

about 1 year ago
Gasunie picks N-Sea for BBL pipeline survey
Business & Finance

UK firm wins Gasunie tender for Southern North Sea pipeline

UK-based Kent has secured a four-year framework agreement from the energy infrastructure company Gasunie to provide integrity management support services for a subsea pipeline in the Southern North Sea. This €2.4 million agreement, awarded through a negotiated EU-compliant process, covers both onsho

about 1 year ago
Noble Regina Allen jack-up rig; Credit: Mammoet/Damen
Business & Finance

Damen taps Mammoet for Noble jack-up rig’s leg repair work (Gallery)

Netherlands-based Mammoet has been hired by Damen Shiprepair to assist with a jack-up leg repair for a rig owned by the U.S.-headquartered Noble Corporation.

about 1 year ago
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