Vår Energi has wrapped up the divestment of its interests in five oil and gas fields in the Norwegian Sea for a fixed after-tax consideration of $51 million and the transfer of a stake DNO Norge, a subsidiary of DNO, has in one of Vår Energi’s core hub areas.
Denmark’s fund management company focused on maritime investments European Maritime Finance (EMF), in collaboration with international shipping company Atlas Maritime, has confirmed the order of three LPG/ammonia carriers at South Korean shipyard HD Hyundai Heavy Industries (HHI). HD HHI’s parent co
TotalEnergies and QatarEnergy have increased their presence in the Orange Basin with more offshore acreage by getting interests in a block off the coast of South Africa ahead of offshore exploration activities on this block.
Carnegie Clean Energy, through its wholly owned subsidiary CETO Wave Energy Ireland (CWEI), has received a progress payment of €251,100 under the EuropeWave Phase 3 contract. The EuropeWave contract is part of the ACHIEVE Program, facilitating the first deployment of CETO in Europe. This contractu
DOF has secured additional job opportunities in the Asia Pacific (APAC) region for one of its purpose-built dive support vessels (DSVs) equipped to come to grips with subsea infrastructure challenges and deepwater systems.
EnQuest has widened its decommissioning operator role at offshore fields in the UK sector of the North Sea after Britain’s energy giant Shell decided to pass EnQuest its decommissioning management role.
Prosafe has inked a deal with North Sea-focused Ithaca Energy for one of its flotels, which enables the reactivation of the semi-submersible unit laid up at Scapa Flow in the UK.
Switzerland-headquartered structural performance management software solutions provider Akselos has signed a strategic enterprise agreement with Shell Information Technology, a subsidiary of the UK-based energy giant Shell, to widen their existing collaboration to encircle the energy major’s worldwi
Mexico-based Gato Negro has requested a 20-year permit from the U.S. to export natural gas to Mexico via pipeline, turn it into LNG and ship it to countries via the Pacific Ocean.
NKT has wrapped its assignment on a 260-kilometer high-voltage direct current (HVDC) subsea link, which is envisioned to lend a helping hand in ensuring Shetland’s supply of clean, low-carbon power, enabling 600 MW of renewable generation as remote North Sea islands connect to Britain’s main grid in
Aker BP has confirmed the start of installation activities for a 2-kilometer-long cooling bundle at its field in the North Sea, as part of its development project which will ensure a lifetime extension for the Valhall field on the Norwegian Continental Shelf (NCS) past 2028.
A consortium led by the Norwegian company Ocean Oasis has secured a grant of nearly €6 million from the European Union (EU) to enhance the supply of desalinated water from floating buoys in deep water off the coast of Gran Canaria, Spain. The European Executive Agency on Climate, Infrastructure, and
France’s TotalEnergies plans to launch a floating offshore wind pilot project to supply renewable energy to the Culzean offshore platform in the UK North Sea. The 3 MW floating wind turbine will be located two kilometers west of the Culzean platform, 220 kilometers off the eastern coast of Scotland.
Hengtong Submarine Power Cable has secured a new submarine power cable project in Iceland.
