Norwegian firm Optime Subsea has entered into a long-term framework agreement with oil and gas operator Wintershall Dea regarding the rental of the technology company’s remote-controlled subsea well completion and intervention systems.
Norwegian offshore safety regulator has finished investigating gas leaks on one of the Equinor-operated platforms located in the North Sea.
Fugro has reported a revenue of €1.76 billion for the whole year of 2022, representing a 14.8 per cent growth in comparison to 2021, said to be due to a 42 per cent increase in offshore wind. Infrastructure and oil & gas were also up, with 7 per cent and 9 per cent respectively. Marine […]
Carnarvon Energy has entered into a binding agreement to divest a 10 per cent interest in its Bedout assets, including the Dorado field.
Chevron has inked a memorandum of understanding (MoU) on methane management with Egypt’s Ministry of Petroleum and Mineral Resources.
Netherlands-headquartered Fugro is acquiring two platform supply vessels (PSVs) which will be repurposed into geotechnical vessels. Fugro announced the purchase of 2015-built PSVs Topaz Endurance and Topaz Energy as part of its net zero 2035 roadmap. According to the company, these vessels are signi
US natural gas company Tellurian has ended the fourth quarter of 2022 with the first phase of Driftwood LNG under construction, an increase in natural gas production, and $474.2 million of cash and cash equivalents. It also completed the acquisition of natural gas assets of approximately 5,000 net a
Equinor has decided to keep one of Island Offshore’s offshore supply vessels (OSVs) busy for seven more months.
Eidesvik Offshore and Reach Subsea have formed a joint venture for the ownership and operation of the subsea inspection, maintenance, and repair (IMR) vessel Edda Sun, with Eidesvik as the majority stakeholder. Through the formation of the JV, the Norwegian companies have partnered up to acquire the
Transocean is anticipating further growth in rig demand over the coming years, which will bring higher day rates and fleet utilisation.
Norway’s offshore safety regulator is awaiting a response from Equinor regarding the way the identified improvement points will be sorted out.
Nexans has secured a contract to provide subsea cables for the PacWave South site, the United States’ first grid-connected wave energy test facility located offshore Oregon.
The Hydrogen Innovation – Future Infrastructure & Vessel Evaluation and Demonstration (HI-FIVED) consortium led by vessel provider ACUA Ocean in partnership with infrastructure provider Unitrove has won a £3.8 million UK government grant to build and showcase its innovative autonomous vessel and bun
Fugro has opened a new remote operations center (ROC) in St. John’s, Canada, which will be used for controlling offshore survey operations. According to Fugro, the St. John’s ROC will serve offshore energy and other marine-based clients whose work in Canada often involves harsh operating conditions
