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Biofuel-powered vessel joins DEME subsidiary's fleet
Business & Finance

Biofuel-powered survey vessel joins DEME subsidiary’s fleet

Following conversion, DEME Group’s subsidiary G-tec has welcomed a new survey vessel that can completely run on biofuel to its fleet. The survey vessel Karina is equipped with a hull-mounted dual-head multibeam, side scan sonar, sub-bottom profilers, magnetometers and gradiometers frames to serve va

about 2 years ago
FILE PHOTO: A man walks past the Larsen and Toubro (L&T) head office in Mumbai, India, September 2, 2021.
Business & Finance

Larsen & Toubro wins $73M EPC contract for 100 MW floating solar project in India

New Delhi-based Solar Energy Corporation of India (SECI) has awarded Larsen & Toubro (L&T) with a five-year engineering procurement and construction (EPC) contract for a floating solar project to be built at Getalsud Dam in Ranchi in eastern India’s state of Jharkhand. The contract, which is worth

about 2 years ago
Transocean Enabler rig (for illustration purposes); Source: Transocean
Business & Finance

International offshore rig count two units down in February

Baker Hughes’ rig count report shows that two rigs left the working international offshore fleet in February 2024.

about 2 years ago
Northern Lights; Source: Sensorlink
Business & Finance

Shell hands out work on Northern Lights to Norwegian firm

Sensorlink has secured a corrosion monitoring contract with Shell for the Northern Lights carbon capture and storage (CCS) project.

about 2 years ago
Eni
Business & Finance

Perenco boosts its portfolio with Eni’s oil assets in Congo

Eni has wrapped up the sale of its participation interest in several oil permits in Congo, which it deems to be non-core assets.

about 2 years ago
Fugro PTSC
Business & Finance

Extended agreement to keep Fugro busy offshore Vietnam

Fugro has extended its Memorandum of Understanding (MoU) with PTSC Geos & Subesa Services (PTSC G&S) to provide site characterization services to support Vietnam’s offshore wind sector. Under the two-year agreement, Fugro’s full range of marine site characterization services will be deployed with PT

about 2 years ago
Tadek backs Magallanes Renovables in delivering its first commercial-scale tidal energy array
Business & Finance

Tadek backs Magallanes Renovables in delivering its first commercial-scale tidal energy array

Spanish tidal energy developer Magallanes Renovables has partnered up with Tadek Ocean Engineering for support related to its first commercial-scale tidal energy array. Magallanes secured two contracts in Contracts for Difference (CfD) allocation rounds – the first at the Morlais Demonstration Zone

about 2 years ago
ETAP in North Sea; Source: BP
Business & Finance

Battle for work-life balance continues, as workers gear up for strike action across multiple UK offshore platforms

This wave of strike action will hit several platforms operated by BP, TAQA, CNR, Repsol, Serica, and CNOOC.

about 2 years ago
Japanese hybrid power cable lay & construction vessel to sport Huisman cranes
Business & Finance

Japanese hybrid power cable lay & construction vessel to sport Huisman cranes

Norway’s VARD has awarded Dutch Huisman with a contract to deliver two subsea cranes for a highly customized hybrid power cable lay and construction vessel that it is building for what it says is a leading Japanese construction company. Huisman will deliver a full electric 250mt hybrid boom subsea c

about 2 years ago
Boskalis USA
Business & Finance

Boskalis reports record 2023 with 150% net profit increase; Half of offshore energy revenue came from offshore wind

Boskalis’s offshore energy division saw 50% of its revenue coming from offshore wind in 2023, according to annual results the Dutch dredging and offshore construction specialist released on March 7. Company-wide, Boskalis reported a 20% increase in revenue and a 150% higher net profit than in 2022.

about 2 years ago
Salamanca FPS; Source: Audubon
Business & Finance

US firm gives subsea work on Gulf of Mexico oil development to ABL

ABL has been hired by LLOG Exploration to provide marine warranty survey (MWS) services for a deepwater project in the Gulf of Mexico.

about 2 years ago
Shearwater bags its fifth CCS survey in last two years
Business & Finance

Shearwater bags its fifth CCS survey in last two years

Norway’s Shearwater GeoServices is set to deliver a seismic survey for a carbon capture and storage (CCS) project in the UK during the summer. Shearwater secured a contract for Spirit Energy’s recent carbon storage license award by the UK’s North Sea Transition Authority (NSTA), located in the Morec

about 2 years ago
DOF to recycle Shell’s North Sea subsea infrastructure
Business & Finance

DOF to recycle Shell’s North Sea subsea infrastructure

DOF Group has secured a subsea engineering procurement removal and disposal (EPRD) contract with Norske Shell, a subsidiary of the UK-headquartered energy giant Shell, in the Atlantic region. DOF will deliver an integrated solution of project management, engineering, design, analysis and survey for

about 2 years ago
Noble Voyager drillship; Source: Noble Corporation
Business & Finance

Noble taps Blue Water to support its rig ops in Suriname

Blue Water Shipping has been hired on a logistics contract in Suriname by Noble Corporation, an offshore drilling giant.

about 2 years ago
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