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Scana trio reels in over €8.7 million in new contracts
Business & Finance

Scana trio reels in over €8.7 million in new contracts

Three companies owned by Norway’s Scana have secured new contracts with a total value of approximately NOK 100 million (over €8.7 million) that will be delivered next year. Seasystems has secured a contract for the delivery of an anchoring system to an FSO project outside West Africa valued at close

about 3 years ago
Viking CCS project; Source: Harbour Energy
Business & Finance

BP and Harbour rolling up sleeves to bring UK’s ‘transformational’ carbon capture and storage project to life

BP has joined forces with Harbour Energy to develop a CCS project located close to the heavily industrialised Humber region.

about 3 years ago
Ellen and Elly offshore platforms near Long Beach, California; Credit: Bureau of Safety and Environmental Enforcement
Business & Finance

U.S. govt greenlights restart ops at oil-producing asset off California 18 months after major oil spill

Amplify Energy has received approvals from federal regulatory agencies to restart operations at the Beta field off Southern California.

about 3 years ago
Onyx Power to build hydrogen production plant in Rotterdam port
Business & Finance

Onyx Power to build hydrogen production plant in Rotterdam port

Port of Rotterdam, the Netherlands, has revealed that energy provider Onyx Power plans to build a low-carbon blue hydrogen production plant at its existing site in the port. With a capacity of 1,200 MW, the plant is expected to produce some 300 kilotonne per annum blue hydrogen, and the Rotterdam po

about 3 years ago
Acteon
Business & Finance

Acteon firm gets more decommissioning work with Chevron

InterMoor, part of Acteon’s engineering, moorings and foundations division, has secured a contract extension with Chevron for a decommissioning scope in Thailand. Following the completion of Phase 1 decommissioning work in 2021 in the Gulf of Thailand, Chevron Thailand Exploration and Production (CT

about 3 years ago
Illustration/InfinityWEC design with upgraded PTO (Courtesy of Ocean Harvesting)
Business & Finance

Ocean Harvesting targets €400K to optimize wave energy device

Swedish company Ocean Harvesting Technologies has embarked on a funding raise, targeting €400,000 to further optimize its InfinityWEC wave energy device ahead of sea trials.

about 3 years ago
DSME LNG carrier
Business & Finance

DSME bags another LNG carrier deal on the back of EU approval of Hanwha takeover

South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has secured a construction order for an LNG carrier from an unidentified shipowner from Oceania. The order is worth KRW 339.6 billion ($ 257 million), according to DSME’s stock exchange filing. Under the contract, DSME i

about 3 years ago
Valaris 115 jack-up rig; Source: Valaris
Business & Finance

Valaris rig on its way to kick off its gig with Shell

Valaris is preparing to start its new contract with Shell, as the rig, hired for the assignment, has embarked on its journey to Brunei.

about 3 years ago
Hild jack-up rig; Source: Keppel
Business & Finance

Another Borr Drilling rig gets new job in Latin America

Borr Drilling has secured a new contract for one of its premium jack-up drilling rigs from an undisclosed company in Latin America.

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

Petronas inks farm-out deal for oil & gas field off Sabah

Petronas has entered into a farm-out agreement (FOA) with SMJ Sdn Bhd (SMJSB), a company wholly-owned by the Sabah state government.

about 3 years ago
Prysmian resumes cable laying at first US large-scale offshore wind farm
Business & Finance

Prysmian resumes cable laying at first US large-scale offshore wind farm

Prysmian’s cable-laying barge Ulisse has resumed cable laying operations at the first U.S. large-scale offshore wind project, located off the coast of Massachusetts. According to the project’s latest mariner update, cable laying operations of the mid-section cable for the Vineyard Wind 1 project wer

about 3 years ago
Unite the union
Business & Finance

Pay dispute brings ‘unprecedented’ strike action to five major UK oil & gas operators

UK’s Unite the union has revealed a 48-hour stoppage on dozens of offshore platforms on the United Kingdom Continental Shelf (UKCS).

about 3 years ago
FPSO BW Adolo; Source: BW Energy
Business & Finance

First oil flows from development project off Gabon

BW Energy has achieved the first oil from its first well in a multi-well drilling campaign offshore Gabon.

about 3 years ago
In focus: Vessel decarbonization efforts power ahead
Business & Finance

In focus: In pressing need for GHG reduction, vessel decarbonization efforts power ahead

In a pressing need to reduce global greenhouse gas emissions (GHG), the shipping sector and offshore vessel services providers are certainly the protagonists in the whole decarbonization story. However, although we are seeing an increasing number of initiatives, we still have a long way to go.

about 3 years ago
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