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Prysmian hires Solstad vessel for another 7 years
Business & Finance

Prysmian hires Solstad vessel for another 7 years

Solstad Offshore’s construction support vessel (CSV) Normand Pacific has secured a new contract with Italian cabling giant Prysmian for work within renewable energy. Prysmian Powerlink awarded Solstad with a new seven-year contract for the CSV. The contract is firm until 31 December 2030. In additio

about 3 years ago
Worksite with flange and scaffolding, where the skillet was being installed; Source: BSEE
Business & Finance

Two offshore workers injured in ‘black plume of smoke’ during work at U.S. platform

BSEE has looked into the circumstances surrounding injuries two workers suffered during a skillet installation at an offshore platform.

about 3 years ago
WFR Oilfield Services
Business & Finance

Neptune Energy picks Dutch player for offshore ops in North Sea

WFR Oilfield Services has entered into an agreement with Neptune Energy for the provision of a wide range of well testing services.

about 3 years ago
Njord field in the Norwegian Sea; Credit: Even Kleppa/Lizette Bertelsen – Equinor
Business & Finance

Norwegian oil & gas field back in operation for 20 more years of production

Equinor has officially reopened a field in the Norwegian Sea for production after the platform and the FSO underwent extensive upgrades.

about 3 years ago
Sustainable Marine's PLAT-I 6.40 floating tidal energy platform (Courtesy of Sustainable Marine)
Business & Finance

Sustainable Marine’s Canadian business goes bust over DFO permitting issues

Sustainable Marine Energy’s Canadian subsidiary has been placed into voluntary bankruptcy, citing permitting issues with Fisheries and Oceans Canada (DFO) as the main reason behind the development.

about 3 years ago
Illustration; Source: U.S. Navy
Business & Finance

U.S. takes steps to boost naval presence, as Iran gets its hands on another oil tanker

To put a stop to Iran’s recent vessel seizures, the U.S. is going to bolster naval patrols in and around the Strait of Hormuz.

about 3 years ago
Tenders canceled for Poland-Lithuania submarine interconnector
Business & Finance

Tenders canceled for Poland-Lithuania submarine interconnector

Two tenders have been canceled for a submarine interconnection project that is set to link Lithuania’s and Poland’s electricity systems due to exceeding the investment budget in the offers. Lithuanian transmission system operator (TSO) Litgrid has decided to cancel the procedure for selecting a cabl

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Business & Finance

More Norwegian gas on the horizon, as another discovery comes to light

Equinor has made a new gas and condensate discovery near the Kristin field in the Norwegian Sea, using an Odfjell Drilling-owned rig.

about 3 years ago
Ørsted selected for Denmark's first full-scale carbon capture and storage project
Business & Finance

Ørsted selected for Denmark’s full-scale carbon capture and storage project

The Danish Energy Agency has awarded Ørsted Bioenergy & Thermal Power with a 20-year contract for Denmark’s first full-scale carbon capture and storage (CCS) project, set to capture and store 430,000 tonnes of CO2 per year from 2026. The Ørsted Kalundborg Hub project will see Ørsted establish carbon

about 3 years ago
Helix Energy Solutions’ Q7000 vessel; Source: Port Taranaki
Business & Finance

Helix vessel making a pit stop at port prior to kicking off oil field’s next decom phase

A specialist well Intervention vessel will start Phase 3 soon for the decommissioning of an oil field offshore New Zealand.

about 3 years ago
Swiss-Norwegian partnership developing mini resident underwater drone system
Business & Finance

Swiss-Norwegian partnership developing mini resident underwater drone system

Switzerland-based autonomous underwater robotics company Hydromea has partnered up with Unplugged, a Norwegian firm focused on inductive charging and data transfer technology, to develop a resident underwater drone system for the inspection and monitoring of underwater assets. Under the project, the

about 3 years ago
Deepwater Atlas drillship (for illustration purposes); Source: Transocean
Business & Finance

U.S. offshore rig count continues its slow ascent with another upward step

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States kept its upward movement last week.

about 3 years ago
Shelf Drilling’s Shelf Perseverance (former Noble Hans Deul) jack-up rig; Source: Noble Corporation
Business & Finance

North Sea well on track to come online at UK gas project

IOG is continuing to drill the second Blythe production well, which is expected to be brought on stream by the end of 2Q 2023.

about 3 years ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies strengthens its Suriname portfolio with two offshore blocks

TotalEnergies has increased its presence in Suriname thanks to the inking of production sharing contracts (PSCs) for two offshore blocks.

about 3 years ago
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