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Business & Finance

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Ringhorne; Credit: Vår Energi
Business & Finance

Vår Energi books Scottish firm on multi-year job

Aberdeen-based energy services company THREE60 Energy has landed a long-term assignment to assist Norway’s oil and gas player Vår Energi with activities on the Norwegian Continental Shelf (NCS).

about 3 months ago
ABL Group brings back Aqualis name to distinguish from subsidiary
Business & Finance

ABL Group brings back Aqualis name to distinguish from subsidiary

Oslo-listed international consultancy group ABL Group is rebranding and will be renamed Aqualis. The new name derives from the original Aqualis Offshore, founded in 2012 and listed on the Oslo Stock Exchange in 2014. The group consists of four operating brands, including energy and marine consultanc

about 3 months ago
FPSO Abigail-Joseph; Source: Yinson Production
Business & Finance

Yinson Production taps Techouse’s affiliate for Nigerian FPSO’s back-up power module

Norway-headquartered oil industry supplier Eureka, a provider of pumping and power solutions to the offshore energy industries that is part of the Techouse Group, has been hired by Singapore’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson,

about 3 months ago
Bourbon goes to Ghana under multi-month subsea contract
Business & Finance

Bourbon goes to Ghana under multi-month subsea contract

French maritime services player Bourbon has won a multi-month subsea services contract offshore Ghana, in what the company describes as one of its core operating regions. Bourbon will deploy its multi-purpose support vessel (MPSV) Bourbon Evolution 802, equipped with two work-class HD remotely opera

about 3 months ago
Transocean Encourage rig; Source: Transocean
Business & Finance

Equinor’s Norwegian Sea wildcat yields no hydrocarbons

Norwegian state-owned oil and gas giant Equinor has conducted drilling activities at a wildcat well in the Norwegian Sea off the coast of Norway with one of Transocean’s semi-submersible rigs. The drilling activity did not result in commercial quantities of hydrocarbons.

about 3 months ago
12-meter USV class secures MCA’s certification
Business & Finance

12-meter USV class secures MCA’s certification

UK designer and manufacturer of uncrewed surface vessels (USVs) ZeroUSV has secured certification from the UK Maritime and Coastguard Agency for its Oceanus12 class of USVs that demonstrates that it meets the safety, operational and technical requirements established under the MCA Workboat Code Edit

about 3 months ago
An offshore platform at sunset
Business & Finance

Woodside quashes ExxonMobil merger rumors

Australian energy giant Woodside has denied any knowledge of a takeover proposal involving the U.S.-headquartered energy heavyweight ExxonMobil.

about 3 months ago
FSRU Energos Eskimo; Source: Energos Infrastructure
Business & Finance

Energos strengthens East Med energy cooperation through GIAC entrance

Energos Infrastructure, a maritime infrastructure company owned by funds managed by Apollo, has joined the Gas Industry Advisory Committee (GIAC) of the East Mediterranean Gas Forum (EMGF), following approval by all EMGF member countries.

about 3 months ago
Seaturns has deployed its demonstrator in the Atlantic and announced a collaboration with ESB; Source: Seaturns
Business & Finance

New first for France as full‑scale wave energy demonstrator kicks off sea trials

French wave energy technology developer Seaturns has embarked on a full‑scale offshore trial of its wave energy demonstrator off the Gironde estuary on the French Atlantic coast, which will be supervised through a collaboration with ESB, an Irish energy company. This project is expected to boost Eur

about 3 months ago
Central Azeri Patform, Caspian Sea - Petrofac
Business & Finance

BP, SOCAR employ advanced tech to enhance output at Caspian Sea oil asset

UK-headquartered energy giant BP and its partner, State Oil Company of the Republic of Azerbaijan (SOCAR), have shed light on the innovative solutions deployed to maximize recovery at a giant oilfield in the Caspian Sea off the coast of Azerbaijan.

about 3 months ago
Illustration; Source: Next Geosolutions
Business & Finance

NextGeo wraps up trenching gig at African offshore gas project

Naples-headquartered Next Geosolutions (NextGeo) has finished the post-lay trenching assignment at a gas project off the coast of Libya, which is operated by Mellitah Oil & Gas Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa.

about 3 months ago
FPSO BW Opal; Source: Santos
Business & Finance

BW Offshore’s FPSO tucks ‘important’ milestone under its belt

Norway’s floating production solutions provider BW Offshore has revealed a new operational achievement for a floating production storage and offloading (FPSO) vessel, which is deployed at a Santos-operated giant gas project off the coast of Australia.

about 3 months ago
Johan Sverdrup field; Source: Arne Reidar Mortensen/Equinor
Business & Finance

Future expansion on horizon for Norway’s giant oil-producing field

Norway’s state-owned energy giant Equinor is laying the groundwork to enable a potential new subsea development in the North Sea, which will help maintain production and value creation from one of the largest oil-producing assets on the Norwegian Continental Shelf (NCS).

about 3 months ago
Neptun Deep jacket; Source: Saipem
Business & Finance

Jacket for EU’s largest offshore gas development sails away from Saipem’s shipyard

Italy’s engineering, drilling, and construction services giant Saipem has confirmed the departure of a jacket destined for a giant natural gas project in the Romanian part of the Black Sea. This project is described as the largest offshore natural gas project currently under development in the Europ

about 3 months ago
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