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Blackford Dolphin - Dolphin Drilling
Business & Finance

Dolphin rig heading to Las Palmas to prepare for contract in Nigeria

Dolphin Drilling’s Blackford Dolphin rig is heading to Las Palmas, Spain where it will be prepared for its upcoming contract in Nigeria.

about 3 years ago
Somalia ‘open for business’ as U.S. player gets the all-clear to move forward with offshore oil & gas exploration
Business & Finance

Somalia ‘open for business’ as U.S. player gets the all-clear for offshore oil & gas exploration

The U.S.-based Coastline Exploration has received the go-ahead to move forward with its hydrocarbon exploration programme off Somalia.

about 3 years ago
MSC to buy Italian towage operator Rimorchiatori Mediterranei
Business & Finance

MSC to buy Italian towage operator Rimorchiatori Mediterranei

Swiss shipping giant Mediterranean Shipping Company has agreed to acquire Italian towage operator Rimorchiatori Mediterranei.

about 3 years ago
Shell takes part in the next wave of Qatar’s LNG expansions
Business & Finance

Shell takes part in the next wave of Qatar’s LNG expansions

Qatar’s state-owned oil and gas company QatarEnergy has selected Shell as its second international partner in the North Field South (NFS) liquefied natural gas (LNG) expansion project, following the selection of TotalEnergies as the first international partner in the project. Under the partnership a

about 3 years ago
Borr Galar and Borr Njord
Business & Finance

Borr Drilling bags new three-year contracts for five rigs

Offshore drilling contractor Borr Drilling has secured new three-year contracts for five jack-up drilling rigs in Mexico.

about 3 years ago
Norway cuts down oil and gas output in September
Business & Finance

Norway records lower oil and gas output in September

Norway’s oil and gas production fell behind the NPD’s predictions in September 2022 and is lower than the figures from August.

about 3 years ago
Proteus Iwona; Image credit: CCS
Business & Finance

SWS delivers Aframax dual-fuel tanker Proteus Iwona

Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS) has delivered the second 109,000-dwt Aframax dual-fuel tanker Proteus Iwona to Bank of Communications Financial Leasing Co (BoComm). This vessel is the first 109,000-dwt Aframax dual-fuel tanker classed by the China Classification Society (C

about 3 years ago
Seadrill to offload stake in Bermuda-based firm
Business & Finance

Seadrill to offload stake in Bermuda-based firm

Seadrill has decided to sell its interests in Paratus Energy Services Limited to three existing shareholders of the Bermuda-based company.

about 3 years ago
SAFEEN Group boosting subsea offering with purchase of 2014-built vessel
Business & Finance

UAE firm boosting subsea offering with purchase of 2014-built vessel

Safeen Offshore, part of AD Ports Group, is acquiring a new support vessel with the aim of enhancing its subsea service capabilities. The vessel, built in 2014, will operate under the name Safeen Surveyor and will undergo an extensive conversion, including the installation of an integrated dive syst

about 3 years ago
Havyard
Business & Finance

Havyard Group ASA becomes Eqva

Oslo-listed Havyard Group ASA has decided to change the company name to Eqva ASA to reflect its growth strategy and mark its transformation into a fully integrated service company. The company said that the name Eqva was formed by combining the letters “EQ”, the starting point of the words equal, eq

about 3 years ago
U.S. puts the wheels into motion to hold next Gulf of Mexico oil & gas lease sale
Business & Finance

U.S. puts the wheels into motion to hold next Gulf of Mexico oil & gas lease sale

To comply with the Inflation Reduction Act, BOEM has taken steps to hold the next oil and gas lease sale for acreage in the Gulf of Mexico.

about 3 years ago
Hitachi Energy hands over North Sea Link
Business & Finance

Hitachi Energy hands over North Sea Link

Hitachi Energy has handed over North Sea Link, the first power interconnector between Norway and the UK, to Norway’s Statnett and the UK’s National Grid. The 1,400 MW North Sea Link allows Norway to import wind power from the UK and the UK to import hydropower from Norway through a 720-kilometer HVD

about 3 years ago
MeyGen turbine ahead of installation (Courtesy of SIMEC Atlantis Energy)
Business & Finance

SIMEC Atlantis management buyout creates Proteus Marine Renewables tidal outfit

SIMEC Atlantis Energy has agreed the sale of a majority stake in its Advanced Tidal Engineering and Services division (ATES), which resulted in the creation of a new tidal energy outfit Proteus Marine Renewables.

about 3 years ago
ExxonMobil books DOF Subsea vessels offshore Guyana
Business & Finance

ExxonMobil books DOF Subsea vessels offshore Guyana

Norwegian DOF Subsea has secured a three-year contract for two multipurpose support construction vessels (MPSVs) with Esso Exploration & Production Guyana. DOF Subsea will perform inspection, maintenance, and repair (IMR), well-intervention support, and light subsea construction activities to suppor

about 3 years ago
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