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In effort to have 'world’s most advanced AUV fleet', Argeo inks deal for another unit
Business & Finance

In effort to have ‘world’s most advanced AUV fleet’, Argeo inks deal for another unit

In an effort to build an advanced autonomous underwater vehicle (AUV) fleet, ocean surveying and inspection company Argeo Subsea has signed a Certificate of Delivery and Acceptance with CSI Nordics for the second Kongsberg Discovery HUGIN Superior AUV. Under a three-party Certificate of Delivery and

about 2 years ago
FPSO Atlanta; Source: Yinson Production
Business & Finance

Stake in Brazilian offshore fields opens doors to Latin American oil & gas arena for US player

Westlawn is entering Latin America’s oil and gas playground, thanks to a deal with Enauta for the acquisition of a partial stake in two oil fields offshore Brazil.

about 2 years ago
PSV Energy Swan; Source: Golden Energy
Business & Finance

Repsol prolongs vessel’s gig offshore Norway

Golden Energy Offshore Services has secured a contract extension for one of its platform supply vessels (PSVs) with Repsol Norge.

about 2 years ago
PSV Havila Fanø; Source: Havila Shipping
Business & Finance

Havila secures more work for two vessels

Norwegian offshore vessel operator Havila Shipping has landed a contract extension for one PSV and signed a new contract for another.

about 2 years ago
UK CCS cluster step closer to execution phase with approval for CO2 pipeline
Business & Finance

UK CCS cluster step closer to execution phase with approval for CO2 pipeline

The UK Government has granted a development consent order (DCO) for a newbuild CO2 pipeline that will transport CO2 from capture plants across the North West of England and North Wales to permanent storage in Eni’s depleted natural gas reservoirs, located under the seabed in Liverpool Bay. The Secre

about 2 years ago
InfinityWEC wave energy farm (Courtesy of Ocean Harvesting Technologies)
Business & Finance

Ocean Harvesting raising €500K for InfinityWEC design update ahead of sea trials

Ocean Harvesting is raising €500,000 for a design improvement of the InfinityWEC wave energy converter and preparation for sea trials. New investors are invited to join a €500,000 financing round for the 2024 activities, split into €120,000 for April–June and €380,000 for the rest of the year. Sinc

about 2 years ago
PSV Energy Empress; Source: Golden Energy Offshore Services (GEOS)
Business & Finance

Assignment for Golden Energy Offshore vessel prolonged

Norwegian vessel owner and operator Golden Energy Offshore Services has secured a contract extension for a multi-purpose support vessel.

about 2 years ago
Norwegians to build 'first of its kind' energy subsea construction vessel
Business & Finance

Norwegians to build ‘first of its kind’ energy subsea construction vessel

Norwegian shipping company Rem Offshore has placed an order with compatriot Myklebust Verft for the construction of an energy subsea construction vessel (ESCV) said to be the first of its kind to perform heavy construction work in both offshore wind and subsea with net zero emissions. According to R

about 2 years ago
Perenco
Business & Finance

Fire breaks out at offshore platform leaving five dead and one missing

Based on most recent reports, the fire incident at a platform offshore Gabon has resulted in five deaths while one person is still missing.

about 2 years ago
FPSO Agogo; Source: Azule Energy
Business & Finance

Angola-bound FPSO tucks new construction milestone under its belt – gallery

Azule Energy has welcomed the progress made in the construction of an FPSO, which is destined to operate off the coast of Angola.

about 2 years ago
Irish company gets patent in India for its hydrokinetic turbine
Business & Finance

Irish company gets patent in India for its hydrokinetic turbine

Ireland-headquartered GKinetic Energy has secured a patent in India for its hydrokinetic turbine, representing the tenth patent awarded to the company. GKinetic announced it had a patent granted in India covering its accelerator and water turbine assembly design. Indian Patent No. 508411 is said to

about 2 years ago
Oman LNG and Germany’s SEFE finalize LNG supply deal, eye hydrogen cooperation
Business & Finance

Oman LNG and Germany’s SEFE finalize LNG supply deal, eye hydrogen cooperation

SEFE and Oman LNG have finalized a sale and purchase agreement (SPA) for 0.4 million tonnes per annum (mtpa) of LNG.

about 2 years ago
Norwegian state-owned energy giant Equinor has contracted a compatriot provider of subsea solutions for the oil & gas industry, Optime Subsea, to deliver two remotely operated systems (ROCS) at the op
Business & Finance

Equinor contracts Optime Subsea for ROCS deployment at Irpa field

Norwegian state-owned energy giant Equinor has contracted a compatriot provider of subsea solutions for the oil & gas industry, Optime Subsea, to deliver two remotely operated systems (ROCS) at the operator’s Irpa field. Equinor’s latest award follows just three months after the company procured ROC

about 2 years ago
GMS Shamal (for illustration purposes); Source: Gulf Marine Services (GMS)
Business & Finance

GMS inks new deal amid stable vessel demand across markets

Gulf Marine Services (GMS) has signed the first of a two phase, multi-year, contract for one of its vessels in the Middle East.

about 2 years ago
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