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First steel cut for new Nexans cable-layer
Business & Finance

First steel cut for new Nexans cable-layer

Ulstein Verft and Nexans have cut the first steel for Nexans’ new cable-laying vessel (CLV), four months after signing the shipbuilding contract. On January 19, on the day four months after signing the shipbuilding contract, Nexans Marine Operations and Ulstein Verft celebrated the start of the cons

about 2 years ago
ABB
Business & Finance

ABB strengthens ship route optimization offer with DTN buy

Switzerland-based technology company ABB has entered into an agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc. (DTN Shipping), expanding the company’s offering in maritime software.

about 2 years ago
Clair Ridge platform; Source: BP
Business & Finance

Strike action threatens to engulf workers on multiple offshore platforms in UK waters

The offshore workers are pondering whether to go on a strike in a bid to improve their work-life balance.

about 2 years ago
Shenandoah FPS concept; Source: Navitas
Business & Finance

As US firm lands Gulf of Mexico FPS commissioning gig, first oil still on track for late 2024

Gate Energy has tucked a commissioning execution contract under its belt for the U.S. portion of an FPS project destined for a field in the Gulf of Mexico.

about 2 years ago
ACE platform on ACG field; Source: BP
Business & Finance

BP embarks on its ‘largest-ever’ seismic program at supergiant oilfield

BP has set a major four-dimensional (4D) high-definition ocean bottom node seismic program in motion at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

about 2 years ago
France's new lab for tidal turbine development opens its doors
Business & Finance

France’s new lab for tidal turbine development opens its doors

France’s Ifremer and HydroQuest have set up a joint laboratory for the development of offshore tidal turbines. Supported by the National Research Agency, the goal of the laboratory is to develop analysis tools and support for the design of tidal turbines adapted to marine constraints. Ifremer and Hy

about 2 years ago
Deepsea Bollsta rig, formerly known as West Bollsta; Source: Odfjell Drilling
Business & Finance

Three Odfjell Drilling-managed rigs are hard at work offshore Namibia

Three rigs are carrying out operations for three giant oil and gas players – the UK’s Shell, France’s TotalEnergies, and Portugal’s Galp – offshore Namibia.

about 2 years ago
Bar Technologies CMET
Business & Finance

BARTech unveils partnership with CMET as it parts ways with Yara Marine in WindWings shift

Wind propulsion company BAR Technologies (BAR) has entered into a partnership agreement with Chinese giant CM Energy Tech to wholly manage and oversee the production of BAR Technologies’ WindWings in China. BAR Technologies said that the Hong Kong-listed company would greatly enhance the company’s a

about 2 years ago
Ulstein Verft and Nexans return to Red Rock for crane package
Business & Finance

Ulstein Verft and Nexans return to Red Rock for crane package

Following the delivery of equipment for Nexans Aurora, Ulstein Verft has awarded Red Rock with another contract to provide an upgraded crane package for Nexans’ new cable-lay vessel (CLV). The new CLV will have a deck capacity of 10.000t of cable, an under-deck capacity of 3.500t cable, and will be

about 2 years ago
COSL Prospector rig; Source: Canarship
Business & Finance

COSL rig leaves Las Palmas and heads to Norway – gallery

Canarship has revealed that a sixth-generation semi-submersible rig from COSL Drilling Europe is now on its way to Norway.

about 2 years ago
€3M push for French consortium developing subsea resident patrol technologies
Business & Finance

€3M push for French consortium developing subsea resident patrol tech

A French consortium comprising three partners has secured a €3 million grant to develop and qualify subsea resident patrol technologies. The consortium is made of Ifremer, a French research institute dedicated to the ocean, FinX, a start-up specialized in bio-inspired underwater thrusters, and led b

about 2 years ago
Uranus rig carried out Trillion's 2022 – 2023 drilling campaign at SASB; Source: Trillion Energy
Business & Finance

Canadian firm pursuing artificial lift solutions for giant gas play off Türkiye

Trillion Energy is deploying artificial lift solutions at a natural gas field in the Black Sea off Türkiye to monetize the reserves for sale.

about 2 years ago
Optime Subsea team and RCOS
Business & Finance

Norwegian subsea firm bringing ROCS system to Equinor’s giant UK oil & gas field

Norwegian state-owned energy giant Equinor has hand-picked Optime Subsea, a compatriot provider of subsea solutions for the oil & gas industry, for the delivery of the remote operated controls system (ROCS), which will be used on a big oil & gas field located in the UK waters. The ROCS system is sai

about 2 years ago
Longitude Engineering gets subsea contract for Egyptian gas field
Business & Finance

Longitude Engineering gets subsea contract for Egyptian gas field

London-headquartered engineering consultancy Longitude Engineering, part of ABL Group, has won a contract to deliver design and engineering services for the subsea development at a gas field located offshore Egypt. Longitude Engineering will provide detailed design and engineering services for the s

about 2 years ago
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