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Probe underway after worker suffers 'serious injury' on jack-up rig
Business & Finance

Probe underway after worker suffers ‘serious injury’ on jack-up rig

Norway’s safety regulator is investigating an incident involving “serious personal injury” on a jack-up rig, working in the North Sea.

about 3 years ago
UK operator to undergo investigation into license breach
Business & Finance

UK operator facing investigation into license breach

UK regulator North Sea Transition Authority (NSTA) has launched an investigation into an operator suspected of breaching one of its license conditions. The investigation will look into whether the licensee conducted a well test without consent and failed to provide timely notification of the complet

about 3 years ago
Enchanted Princess
Business & Finance

Bluestone to install air lubrication on two Princess Cruises ships

Bluestone Group, a specialist construction company based in the UK, has won a contract from Princess Cruises to install Silverstream Air Lubrication System (ALS) on two cruise ships, Sky Princess and Enchanted Princess. The latest contracts come on the back of the successful installation of the ALS

about 3 years ago
Ocean Sun's floating solar technology connected to offshore wind turbine in China (Courtesy of Ocean Sun)
Business & Finance

Ocean Sun boosts third quarter revenues

Norwegian floating solar company Ocean Sun has reported an increase in revenues for the third quarter of the fiscal year 2022, as opposed to the same period a year earlier.

about 3 years ago
Norwegian seismic company gets another North Sea call
Business & Finance

Norwegian seismic company gets another North Sea call

Norwegian seismic company Magseis Fairfield has signed an agreement with a repeat customer for a 4D ocean bottom node (OBN) project in the North Sea. The project is scheduled to start in the second quarter of 2023, with an expected duration of approximately one month. Activities will see the utiliza

about 3 years ago
Three AirWing™ systems fitted to a 225m bulk carrier; Image credit: GT Green Technologies
Business & Finance

GT Green Technologies says on-the-water prototype of its wind propulsion tech coming soon

UK-headquartered wind propulsion specialist GT Green Technologies has won grant funding as part of this year’s Clean Maritime Demonstration Competition Round 2 (CDMC2) launched by the UK’s Department of Transport. The company said that it would use the funding to further develop and launch its propr

about 3 years ago
UK player seeking partners for assets offshore Morocco and Ireland
Business & Finance

UK player seeking partners for assets offshore Morocco and Ireland

UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas is continuing the farm-out processes of two licenses respectively located offshore Morocco and Ireland. In Morocco, Europa said it is continuing the farm-out process of the Inezgane license in the Agadir Basin, which represents a “

about 3 years ago
US company invests in TECO 2030 zero-emission fuel cell projects
Business & Finance

US company invests in TECO 2030 zero-emission fuel cell projects

Norway’s cleantech company TECO 2030 has received a NOK 100 million (approximately $10 million) investment from US-based SunHydrogen, a developer of technology that uses sunlight and any source of water to make renewable hydrogen. Currently under development, SunHydrogen’s technology utilizes a nano

about 3 years ago
Raising UK’s windfall tax could undermine energy security and put oil & gas investments at risk, says OEUK
Business & Finance

OEUK: Raising windfall tax could put oil & gas investments at risk and undermine UK’s energy security

Offshore Energies UK (OEUK) has warned that the windfall ‘supertax’ proposal risks driving out oil and gas investments from the UK waters.

about 3 years ago
Fujian Mawei Shipbuilding
Business & Finance

Sallaum Lines orders LNG-fueled RoRo pair

Global RoRo shipping company Sallaum Lines has placed an order with China’s Fujian Mawei Shipbuilding for the construction of two dual-fuel LNG 7500 Pure Car and Truck Carriers (PCTC). The ships will have a total length of 199.9 meters, a molded width of 38 meters, a molded depth of 14.8 meters, and

about 3 years ago
With repairs out of the way, Brazilian well goes back online
Business & Finance

With repairs out of the way, Brazilian well goes back online

Following a temporary interruption of production, Enauta has restarted production from a well located on a field offshore Brazil.

about 3 years ago
Namibia gets $544 mln boost for green hydrogen production as it looks to catalyze shipping’s decarbonization
Business & Finance

Namibia gets $544 mln boost for green hydrogen production as it looks to catalyze shipping’s decarbonization

Namibia, one of the world’s sunniest countries, is investing strenuous efforts in exploiting its abundant natural resources to produce renewable energy, most notably green hydrogen, and position itself as a renewable energy hub. “Namibia is comfortable with being a first mover in an industry that is

about 3 years ago
Keppel gets jobs for two more jack-up rigs
Business & Finance

Keppel gets jobs for two more jack-up rigs

Keppel Offshore & Marine has secured assignments for two additional jack-up rigs, which will be deployed in Saudi Arabia.

about 3 years ago
Maersk
Business & Finance

Maersk: We need an end date for fossil fuels in shipping

The only way to lower greenhouse gas emissions in shipping and entice companies to set zero-emission targets in the sector is by setting an end date for fossil fuels in the shipping industry through a global regulation, Maersk’s Chief Advisor for Green Transition Concepción Boo Arias said. “It is ve

about 3 years ago
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