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Illustration/The demonstration of Wavepiston's wave energy system (Courtesy of Wavepiston)
Business & Finance

Danish wave energy company reaches crowdfunding target in only one week

Danish company Wavepiston has opened its crowdfunding campaign for overfunding after reaching the initial target of €1.4 million in only one week after the launch of the campaign.

about 3 years ago
New assignment takes DOF vessel to Brazil
Business & Finance

New assignment takes DOF vessel to Brazil

DOF Subsea Brasil has secured a contract for the charter of its research and survey vessel (RSV) Geoholm in Brazil.

about 3 years ago
FPSO Petrojarl I; Source: Enauta
Business & Finance

FPSO working off Brazil undergoing preventive maintenance

Enauta has revealed that an FPSO, carrying out operations on a field offshore Brazil, has embarked on preventive maintenance activities.

about 3 years ago
SK Materials and ExxonMobil team up for blue ammonia
Business & Finance

SK Materials and ExxonMobil team up for blue ammonia

SK Holdings Materials, a South Korea-based company specialising in material technology, has signed an agreement with ExxonMobil, a US energy and petrochemical company, with the main aim of introducing blue ammonia to SK Materials in Korea. The company noted that ExxonMobil plans to build a facility

about 3 years ago
Felicity Ace
Business & Finance

World’s biggest maritime cargo carriers join Safetytech accelerator

Some of the world’s biggest maritime cargo carriers are joining forces with the world’s first industrial safety technology accelerator to launch an innovation initiative to reduce cargo loss at sea. The companies joining the accelerator are Evergreen Line, HMM, Maersk, the Offen Group, Ocean Network

about 3 years ago
Vantage Drilling’s Tungsten Explorer drillship; Credit: Greg Williams
Business & Finance

TotalEnergies embarking on multi-well drilling campaign offshore Namibia

TotalEnergies is in the process of starting a multi-well appraisal and exploration drilling programme offshore Namibia.

about 3 years ago
Subsea cables for Mexican oil & gas field ordered from China
Business & Finance

Subsea cable for Mexican oil & gas field ordered from China

Chinese subsea cable manufacturer ZTT Submarine Cable & System has secured a cable design and supply contract with Hokchi Energy, the Mexican subsidiary of Pan American Energy, for a field located in the Gulf of Mexico. The contract covers the design, supply, delivery, and testing of 33.3 kilometers

about 3 years ago
RWE’s Eemshaven facility; Source: Neptune Energy
Business & Finance

New cross-border carbon storage project to explore potential for ship transport and industrial clusters across Europe

Neptune and CapeOmega have announced a project concept for a cross-border CO₂ storage development for industrial emitters across Europe.

about 3 years ago
Scana company scores contract with ‘international subsea’ firm
Business & Finance

Scana company scores contract with ‘international subsea’ firm

Scana-owned PSW Technology has entered into an agreement with an undisclosed international subsea customer for deep-water blowout preventer (BOP) stack services.

about 3 years ago
Argeo Searcher and SeaRaptor AUV duo on duty in the North Atlantic
Business & Finance

Argeo Searcher and SeaRaptor AUV duo on duty in the North Atlantic

Argeo’s new subsea vessel Argeo Searcher has begun its first assignment after a conversion program, carrying out ultra deep-water work in the North Atlantic. The news comes shortly after Argeo Searcher underwent a “rigorous” conversion and shakedown program. The vessel is equipped with two SeaRaptor

about 3 years ago
Valaris 118, formerly known as Joe Douglas; Source: BP
Business & Finance

Valaris builds on ‘contracting success’ from 2022 with new floater and jack-up deals in 2023

Valaris has revealed a robust performance during 4Q 2022 while kicking off 2023 with new contracts and extensions for its rig fleet.

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Business & Finance

IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions

Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.

about 3 years ago
DOF’s high-end subsea vessel to stay busy until 2025
Business & Finance

DOF’s high-end subsea vessel to stay busy until 2025

DOF Subsea has received a contract extension from an undisclosed client for its subsea construction and equipment installation vessel Skandi Africa.

about 3 years ago
West Tellus drillship; Source: Seadrill
Business & Finance

Seadrill drillship starts work off Brazil

Seadrill has confirmed that one of its drillships kicked off its assignment at a field offshore Brazil with the country’s oil and gas giant, Petrobras.

about 3 years ago
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