Marine survey contractor Argeo has formally signed the contracts with Kongsberg for the purchase of three Hugin autonomous underwater vehicles (AUVs). In September Argeo announced the purchase of three new AUVs from Kongsberg, two Hugin Superiors and one Hugin 6000. The contracts for all three vehic
Karoon Energy is in the process of diversifying and expanding its asset portfolio, thanks to biding agreements worth $720 million.
SWITCH Maritime, a US-based company developing zero-emission hydrogen and battery-powered ferries, has raised $10 million in a Series A round led by low-carbon investor Nexus Development Capital to expand its fleet. SWITCH Maritime was founded in 2018 with an aim to enable private and public municip
While calling for a transition away from coal, oil & gas, Pacific leaders’ final text did not explicitly mention extraction and production.
This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.
Jersey Oil & Gas and NEO Energy have chosen an FPSO for work on their oil development project on the UK Continental Shelf (UKCS).
BOEM has set a new date for the next offshore oil and gas lease sale for acreage in the Gulf of Mexico after postponing it to comply with a court order.
Carbon Catalyst has entered into an agreement with Summit Energy Evolution Limited (SEEL), a wholly owned subsidiary of Sumitomo Corporation, for the farmout of a 10% interest in a North Sea carbon capture and storage (CCS) project. Carbon Catalyst announced it had reached an agreement with SEEL to
CorPower Ocean is looking to expand its team of ocean energy experts, with a number of vacancies available for multiple roles.
Corinth Pipeworks, the steel pipe segment of Cenergy Holdings, has won a contract to manufacture and supply the pipeline for OMV Petrom’s deepwater natural gas project offshore Romania. Corinth Pipeworks, as subcontractor of Sumitomo Corporation Europe, will manufacture and supply approximately 160
Tekmar Group has secured a contract worth over £2.5 million (around $3 million) to deliver cable protection for a project in the Middle East. The contract is for the design and supply of the TekDuct cable protection, ballast modules and associated ancillaries for a subsea project in the Middle East.
PRIO, formerly known as PetroRio, has sold its interest in a Petrobras-operated gas field off Brazil to Gas Bridge, in a bid to focus on its operated assets.
Palfinger has been appointed to deliver a major equipment package for Prysmian’s new cable-laying vessel (CLV). Palfinger will supply Monna Lisa with an extensive equipment package similar to the one supplied for Prysmian’s previous cable-laying vessel Leonardo da Vinci. The equipment package consis
Equinor its consent to use a COSL Drilling-owned semi-submersible rig for drilling activities at a field in the North Sea off Norway.
