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DeepOcean adds 120-day offshore recycling job to its task list
Business & Finance

DeepOcean adds 120-day offshore recycling job to its task list

Norway-based ocean services provider DeepOcean has been appointed to perform a 120-day recycling campaign on the UK continental shelf (UKCS) for an international operator. The campaign is divided into five sub-campaigns, each addressing specific tasks crucial for the decommissioning process, includi

about 2 years ago
EU flag; Courtesy of the European Commission; Credit: Mauro Bottaro
Business & Finance

Italy to launch offshore renewable energy Contract for Difference auction

Italy is set to launch a Contract for Difference (CfD) auction scheme through which the government will select and support renewable energy projects, including floating solar, tidal, and wave energy.

about 2 years ago
The appraisal drilling at Block 58 was done with the Maersk Valiant (now called Noble Valiant) drillship; Source: Noble Corporation
Business & Finance

TotalEnergies and its partners smoothing the way for FID on Suriname’s offshore oil project

TotalEnergies is making inroads in laying the groundwork to make a final investment decision (FID) for a giant oil project in Block 58 off the coast of Suriname by the end of 2024.

about 2 years ago
Palfinger to equip another Prysmian cable layer with major package
Business & Finance

Palfinger to equip another Prysmian cable layer with major package

Palfinger Marine has secured a contract to supply a major equipment package for Prysmian’s new cable-laying vessel (CLV) currently under construction, marking the third cable-layer owned by the Italian cabling giant to sport Palfinger equipment. Following previous orders to equip the Leonardo da Vin

about 2 years ago
Batangas terminal; Source: First Gen
Business & Finance

As another LNG shipment reaches offshore terminal, Philippine firm pursuing long-term supply options

Following an LNG shipment received at Batangas terminal, First Gen is looking to ensure energy security with longer contracts.

about 2 years ago
World-largest and industry's first dual-fuel fallpipe vessel joins DEME's fleet
Business & Finance

World-largest and industry’s first dual-fuel fallpipe vessel joins DEME’s fleet

DEME Group has launched what is said to be the world’s largest fallpipe vessel, set to be prepared for green methanol and the first dual-fuel fallpipe vessel in the industry. Princess of Belgium, Her Royal Highness Princess Astrid, officially named the new fallpipe vessel Yellowstone in Zeebrugge, B

about 2 years ago
DS Carolina drillship; Source: Ventura Offshore
Business & Finance

25-year-old Brazilian offshore drilling player starts its new growth chapter

Brazil’s Ventura Offshore Holding is celebrating its first day of trading on the Euronext Growth stock exchange market in Oslo, Norway.

about 2 years ago
Shelf Drilling Tenacious jack-up rig; Source: Shelf Drilling
Business & Finance

Multimillion-dollar job taking Shelf Drilling jack-up rig to West Africa

Shelf Drilling has picked up a long-term drilling assignment for one of its jack-up rigs off the coast of West Africa.

about 2 years ago
Seatrium yard; Source: Seatrium
Business & Finance

BP entrusts Singapore player with early works on its newbuild Gulf of Mexico-bound floating production unit

BP has hired Seatrium to handle early engineering works for its newbuild FPU, which will be deployed at its deepwater project in the U.S. Gulf of Mexico.

about 2 years ago
With first vessel in its arsenal, new subsea services company ready to roll
Business & Finance

With first vessel in its arsenal, new subsea services company ready to roll

FreeStar Subsea Services, a new company in the market set up by the merger of Dutch companies Vriezoo ROV Services and Mark Offshore, has acquired its first vessel, marking the start of operations. Managing Director of Vriezoo ROV Services Willem de Vries and Managing Director of Mark Offshore Mark

about 2 years ago
BP’s FPSO Tortue; Courtesy of BP
Business & Finance

BP hits new milestone at biggest gas project in its portfolio with FPSO arrival

BP has welcomed an FPSO, which came from China to its final destination off the coasts of Mauritania and Senegal.

about 2 years ago
Following contract with Petrobras, DOF makes another multi-million-dollar win
Business & Finance

Following contract with Petrobras, DOF makes another multi-million-dollar win

Shortly after securing a contract with Brazilian oil and gas giant Petrobras, Norwegian vessel owner DOF Group announced a new award with a compatriot energy major for a duration of up to three years. Under the contract defined as “very large”, meaning it is valued between $100 million and $200 mill

about 2 years ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Business & Finance

Transocean rigs score trifecta with Woodside, Wintershall Dea, and Equinor

Transocean has pulled off a hat trick with a batch of multimillion-dollar contract extensions for its rigs.

about 2 years ago
MoU signing ceremony; Source: Rosetta Energy Solutions
Business & Finance

Egyptian firm tasked with supplying Tanzania’s industrial hub with LNG

Rosetta Energy has inked a deal enabling it to provide natural gas for an industrial city in Tanzania via an LNG virtual pipeline.

about 2 years ago
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