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Ocean Infinity takes delivery of eight and final ammonia-ready Armada vessel
Business & Finance

Ocean Infinity takes delivery of eighth and final ammonia-ready Armada vessel

Houston-based marine robotics company Ocean Infinity has taken delivery of the last in a series of eight new high-tech, ammonia-ready Armada vessels. The vessel NB 941 was delivered by Vard Vung Tau in Vietnam on January 24. Vard received a contract to design and build these highly advanced, 78-mete

about 2 years ago
Illustration; Source: Lufttransport RW
Business & Finance

Two new search and rescue choppers coming to work at Equinor’s North Sea assets

Equinor has handed a five-year contract for two new search and rescue helicopters (SAR), which will carry out operations on the NCS.

about 2 years ago
Ireland: Testing reveals potential for next-gen marine turbine
Business & Finance

Ireland: Testing reveals potential for next-gen marine turbine

The University of Galway has completed testing of a next-generation marine hydrokinetic turbine foil for renewable energy, said to have shown potential for a next-generation marine turbine. The testing program is part of the €3.9 million European Commission’s Horizon 2020-funded CRIMSON project and

about 2 years ago
Trendsetter wraps up deepwater well stimulation campaigns for 'major operators'
Business & Finance

Trendsetter wraps up deepwater well stimulation campaigns for ‘major operators’

Texas-based oil and gas services company Trendsetter Engineering has completed two deepwater well stimulation campaigns for what the company says are major operators in the US Gulf of Mexico. These campaigns saw acid treatments performed on a total of six wells, in water depths from 6,500 to 7,200

about 2 years ago
Previously disclosed development concept for Sea Lion Phase 1; Source: Rockhopper
Business & Finance

Tweaks in Falklands development plan come to light but sanctioning of Israeli player’s largest operated project still slated for 2024

Israel’s Navitas Petroleum has revamped its development plan for the Sea Lion project located off the Falkland Islands.

about 2 years ago
ACME and IHI pen green ammonia supply deal
Business & Finance

ACME and IHI pen green ammonia supply deal

India’s ACME Group and Japan’s IHI Corporation have signed an offtake term sheet for the supply of green ammonia from India to Japan. The term sheet covers the supply of 0.4 MMTPA of green ammonia from Phase-1 of the Odisha project on a long-term basis, ACME said, noting that both companies wish to

about 2 years ago
Illustration; Source: Petronas
Business & Finance

Petronas, Shell, Inpex, Pertamina, and Jadestone among winners of Malaysian offshore blocks

Malaysia has awarded PSCs for six exploration blocks and one discovered resource opportunities (DRO) cluster in MBR 2023.

about 2 years ago
Floating solar poised to play 'critical role' in land-lacking Southeast Asia
Business & Finance

Floating solar poised to play ‘critical role’ in land-lacking Southeast Asia

With a lack of suitable sites for onshore solar farms intensifying the need for innovative solutions, floating solar is expected to play a key role in Southeast Asia’s solar expansion, according to Rystad Energy research. Solar photovoltaic (PV) capacity additions are poised to be a central pillar o

about 2 years ago
Glomar worker, Rovco grows fleet with new survey vessel
Business & Finance

In response to client demand, Rovco grows fleet with new survey vessel

UK-based Rovco has added a second hull-mounted survey vessel to its fleet, a move said to come in response to client demand for geophysical and geotechnical survey solutions. Rovco has entered into a four-year charter agreement with Glomar for the DP2 vessel Glomar Worker. “We are delighted with our

about 2 years ago
FPSO Bacalhau; Source: Equinor
Business & Finance

With departure of FPSO modules, Aibel wraps up its ‘largest’ Thai project

Modules, made by Norway’s Aibel, for a floating, production, storage, and offloading (FPSO) vessel are on their way to Singapore.

about 2 years ago
First Boskalis vessel going greener with battery pack
Business & Finance

Diving support vessel first in Boskalis fleet to go greener with battery pack

Dutch Boskalis has installed a new energy storage system on board its diving support vessel (DSV) BOKA Atlantis as part of the efforts to make its fleet more sustainable. Boskalis reported that a set of powerful batteries was recently installed on board BOKA Atlantis along the quay of the Boskalis S

about 2 years ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Well intervention ops on the cards to bring Brazilian offshore well back online

Karoon Energy is working on sorting out the issues impeding the restart of production from a well located on a field in the Santos Basin offshore Brazil.

about 2 years ago
Nand Lal Sharma, chairman and managing director of SJVN (Courtesy of SJVN)
Business & Finance

India’s state-owned company looking to develop floating solar on four dams

SJVN Green Energy (SGEL), part of India’s state-owned power company SJVN, has submitted a proposal to the Goa state government for the development of four floating solar power plants. With an estimated investment of around INR 1300 Crore (approximately $156.4 million), this project aims to produce 1

about 2 years ago
Sleipner; Credit: Oyvind Gravas Bo B Randulff/Equinor
Business & Finance

Kongsberg put in charge of life cycle simulator project at Equinor’s North Sea gas field

Equinor has handed out a two-year life cycle simulator project to Kongsberg Digital for a gas field in the North Sea off the coast of Norway.

about 2 years ago
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