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Sleipnir and Johan Castberg FPSO
Business & Finance

Johan Castberg FPSO is now complete, Equinor says

The world’s largest crane vessel has installed the last two pieces of the puzzle needed to make the Johan Castberg FPSO complete.

about 4 years ago
Havila Shipping selling 2009-built subsea vessel
Business & Finance

Havila Shipping selling 2009-built subsea vessel

Norwegian offshore vessel owner Havila Shipping has entered into an agreement with an undisclosed party to sell the subsea vessel Havila Phoenix. The sale will take place when the existing contract for the vessel is completed, expected at the end of the fourth quarter of this year. Havila Shipping w

about 4 years ago
Dolphin Drilling takes steps to reap benefits from ‘tight rig market’ and improved day rates
Business & Finance

Dolphin Drilling raises $45 million for rig mobilisation & reactivation

Dolphin Drilling has undertaken an equity issue to take advantage of increased day rates in the offshore drilling market.

about 4 years ago
ITOCHU, Sasol to jointly study and develop green ammonia as marine fuel
Business & Finance

ITOCHU, Sasol to jointly study and develop green ammonia as marine fuel

Japanese general trading company ITOCHU Corporation and South African chemicals and energy company Sasol have signed a memorandum of understanding (MoU) to jointly study and develop the market and supply chain for green ammonia, focusing on its use as bunkering fuel and for power generation. The MoU

about 4 years ago
Russia keeps Nord Stream 1 shut, no hints of reopening
Business & Finance

Russia keeps Nord Stream 1 shut, no hints of reopening

Russia’s state-owned gas company Gazprom has not reopened the Nord Stream 1 pipeline as planned due to “technical problems” and has not revealed when this major gas flow to Europe will start again. Gas deliveries via Nord Stream 1 from Russia to Germany closed on 31 August due to maintenance and the

about 4 years ago
Transocean Barents rig
Business & Finance

Regulator lays charges against Transocean over rig incident

Canadian offshore regulator has laid charges against Transocean related to an incident on one of the contractor’s rigs back in September 2019.

about 4 years ago
Ruby FPSO heading to India - Samsung Heavy
Business & Finance

As first production draws near, new FPSO sails away to India’s deepwater gas project

A new FPSO has started its journey from South Korea to India to work on a project for partners Reliance and BP. The project is expected to significantly boost the country’s gas output.

about 4 years ago
Veslefrikk field in the North Sea - Equinor
Business & Finance

North Sea platform reaches recycling yard

After 30 years in the North Sea, Equinor’s Veslefrikk B platform has now reached a yard where it will be recycled.

about 4 years ago
Normand Energy stays in West Africa
Business & Finance

Normand Energy stays in West Africa

Solstad Offshore has secured contract extensions and a new contract with the present client for the construction support vessel (CSV) Normand Energy. Normand Energy, previously known as Normand Seven, will continue supporting subsea operations in West Africa. The undisclosed client has exercised all

about 4 years ago
A photo of the East Anglia ONE offshore wind farm in sunset
Business & Finance

Iberdrola submits 3 offshore wind applications in Brazil, enters green hydrogen agreements

Iberdrola’s renewable energy development arm in Brazil, Neoenergia, has applied for environmental investigation licences for offshore wind projects in three of the country’s states, and has also entered into an agreement on offshore wind and green hydrogen development with one of the states. The com

about 4 years ago
Sercel
Business & Finance

BGP returns to Sercel for another seabed nodal solution purchase

Sercel, a designer and manufacturer of seismic equipment, has made another ‘major’ sale of its GPR300 seabed nodal solution to geophysical services provider BGP. The sale of the second batch of 12,000 GPR300 nodes to BGP follows the earlier major order of 18,000 nodes in 2021. According to Sercel, t

about 4 years ago
USV survey starting at proposed 1 GW offshore wind project in Ireland
Business & Finance

USV survey starting at proposed 1 GW offshore wind project in Ireland

An unmanned surface vessel (USV) survey is set to begin this month at the Braymore Wind Park site located offshore Ireland. Trial operations of remotely piloted XOcean USVs will take place in the Balbriggan and Drogheda Bay area during September and October for approximately six weeks, subject to we

about 4 years ago
QED Naval’s Subhub without tidal turbines mounted onboard (Courtesy of QED Naval)
Business & Finance

QED Naval eyes new operations base on UK’s south coast

Scottish marine energy specialist QED Naval is looking to establish its mainland operations base on the UK’s south coast.

about 4 years ago
North Sea TSO on the lookout for cable repair provider
Business & Finance

North Sea TSO on the lookout for cable repair provider

Dutch-German transmission system operator (TSO) TenneT is looking for a contractor to deliver nearshore and offshore subsea cable repairs. Under the service level agreement, the selected party will be in charge of the preparation and execution of nearshore and offshore services within the scope of r

about 4 years ago
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