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Concept for Equinox Ocean Turbines technology (Courtesy of Equinox Ocean Turbines)
Business & Finance

Dutch newcomer steps on the ocean energy scene

Named Equinox Ocean Turbines, a new ocean energy company has been launched in the Netherlands with a clear goal of exploiting the vast potential of ocean currents by using its tidal energy technology designed for low-speed waters.

about 3 years ago
Keppel readies four rigs for deployment to Saudi Arabia
Business & Finance

Keppel readies four rigs for deployment to Saudi Arabia

Keppel O&M has completed the modification works for four jack-up rigs, which will be deployed on bareboat charters in Saudi Arabia.

about 3 years ago
NHV helicopter
Business & Finance

Helicopter operator bags five-year deal in North Sea

Belgium-based helicopter operator NHV Group has secured a contract award for operations in the North Sea.

about 3 years ago
Mystery AUV manufacturer orders Kraken subsea battery
Business & Finance

AUV manufacturer places subsea battery order with Kraken

Kraken Robotics has received a follow-on order for subsea batteries from a manufacturer of autonomous underwater vehicles (AUVs). The order is valued at $1.1 million and is a follow-on from a $4.8 million order from the same customer earlier this year. Delivery is expected in the fourth quarter of t

about 3 years ago
Equinor - vessels
Business & Finance

Five shipowners to provide supply vessels for Equinor

Equinor has awarded six contracts to five shipowners, for a total value estimated at more than NOK 2.5 billion including options.

about 3 years ago
Development Driller III - Transocean
Business & Finance

Transocean adds more work to its backlog

Transocean has secured more work for its fleet of rigs in the Gulf of Mexico, Brazil, Suriname, Norway, the UK, and India.

about 3 years ago
Reach Subsea gets first post-pandemic Trinidad and Tobago job
Business & Finance

Reach Subsea gets first post-pandemic job in Trinidad and Tobago

Norway’s Reach Subsea has secured a “larger” contract as well as several contract extensions that encompass projects in Trinidad and Tobago and Northern Europe. According to Reach Subsea, the contracts are an indication of good development in terms of utilization of its resources for Q4 2022 and int

about 3 years ago
Fure Valö, one of the sister vessels in Furetank's Vinga series (Courtesy of Furetank)
Business & Finance

Furetank sells two dual-fuel tankers

Swedish shipping company Furetank has sold two duel-fuel product tankers from the Vinga Series to Finnish oil refining and marketing company Neste.

about 3 years ago
Project kick off meeting with the Port of Barcelona and PowerCon teams (Courtesy of the Port of Barcelona)
Business & Finance

Danish company lands €5M contract for shore power supply works at BEST terminal

The Port of Barcelona has selected Danish company PowerCon to implement a pilot project that will provide electrical power to ships at the BEST terminal.

about 3 years ago
Oceaneering secures $300 million in subsea robotics contracts
Business & Finance

Oceaneering secures $300 million in subsea robotics contracts

Oceaneering’s Subsea Robotics segment has won multiple contracts in the third quarter of 2022 with anticipated aggregate revenue of $300 million. The contracts are primarily for remotely operated vehicle (ROV) services delivered from floating drilling rigs and vessels for subsea equipment support, s

about 3 years ago
Safe Concordia
Business & Finance

Prosafe firms up Gulf of Mexico gig

Following a letter of award in September 2022, Prosafe has firmed up a deal for the provision of one of its units in the U.S. Gulf of Mexico.

about 3 years ago
Borr Drilling
Business & Finance

Borr Drilling offloads stacked jack-up rig

Offshore drilling contractor Borr Drilling has sold one of its warm-stacked jack-up rigs for a price tag of $120 million.

about 3 years ago
Ocean GreatWhite at Kishorn Port back in 2019
Business & Finance

World’s largest semi-sub rig on its way to UK ahead of North Sea job

A semi-submersible drilling rig considered to be the largest of its type in the world is heading to the UK for its upcoming job in the North Sea.

about 3 years ago
Peregrino Phase 2 - Brazil - Equinor
Business & Finance

Equinor produces first oil from new platform in Brazil

Equinor’s new platform in Brazil, Peregrino C, produced its first oil on 10 October. This is Equinor’s largest operated field outside Norway.

about 3 years ago
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