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Rystad sees hard times ahead for Russia’s upstream sector even though it rebounded strongly
Business & Finance

Despite strong rebound, Rystad sees hard times ahead for Russia’s upstream sector

Despite the resilience shown by Russia’s upstream sector beset with sweeping sanctions, Rystad Energy believes “the worst is yet to come.”

about 4 years ago
New five-year deal for Odfjell rig with Aker BP
Business & Finance

New five-year deal for Odfjell rig with Aker BP

Aker BP has added a significant order backlog to an Odfjell Drilling-owned rig with a five-year firm contract award in Norway.

about 4 years ago
Fugro's new ultra ultra high resolution seismic system passes offshore tests
Business & Finance

Fugro’s new ultra ultra high resolution seismic system passes offshore tests

Fugro has completed a series of trials and testing configurations for its new ultra ultra high resolution (UUHR) seismic system off the coast of the Netherlands. The SeisWind 3D system is designed to offer an efficient data acquisition footprint with the highest resolution to enable detailed ground

about 4 years ago
Borr's Prospector I rig
Business & Finance

Neptune’s North Sea infill campaign to unlock more gas

Oil and gas company Neptune Energy has started an infill drilling campaign at its operated Cygnus gas field in the southern North Sea.

about 4 years ago
Repeat customer hires Magseis Fairfield in Gulf of Mexico
Business & Finance

Repeat customer hires Magseis Fairfield in Gulf of Mexico

Norwegian survey services provider Magseis Fairfield has received a contract from a repeat client to deliver a project in the Gulf of Mexico. Magseis Fairfield received the conditional award for the project in September 2020 which has now been converted into an award. The project is scheduled to sta

about 4 years ago
Spirit
Business & Finance

New decom gig in UK for marine consultancy firm

ABL Group has been enlisted by Centrica’s subsidiary Spirit Energy for decommissioning support on three oil and gas platforms in the UK.

about 4 years ago
tanker
Business & Finance

FSL Trust sets sights on expansion into floating and offshore energy

Singapore-based FSL Trust is looking into the possibility of expanding its market presence into other maritime assets including floating and offshore energy. The tanker owner explained that the investment opportunities are being explored to reduce business risk and increase competitive advantages am

about 4 years ago
Inpex, Woodside, TotalEnergies to explore hub potential for ‘one of the largest CCS projects in the world’
Business & Finance

Inpex, Woodside, TotalEnergies to explore hub potential for ‘one of the largest CCS projects in the world’

After the award of acreage off Australia, Inpex, Woodside and Total Energies will evaluate the potential for a hub-scale CCS project.

about 4 years ago
Semco Maritime lands deal for Aker BP’s Norwegian oil & gas assets
Business & Finance

Semco Maritime to provide personnel for Norwegian firm’s oil & gas assets

Aker BP has awarded a long-term deal to Semco Maritime for the provision of offshore personnel to its oil and gas installations in Norway.

about 4 years ago
N-Sea takes full control of Geosea
Business & Finance

N-Sea takes full control of Geosea

N-Sea Group has taken full control, ownership and management of the multipurpose support vessel Geosea, after having completed vessel updates. N-Sea announced in April it had entered into an agreement with DOF Subsea Rederi to acquire Geosea. The aim of the acquisition is to strengthen the company’s

about 4 years ago
Sleipnir vessel
Business & Finance

World’s largest crane vessel coming to Norway for installation job on giant new FPSO

The world’s largest semi-submersible crane vessel is en route to a yard in Norway to perform an installation job for a giant new FPSO.

about 4 years ago
The ‘EWP-EDF One’ project (Courtesy of Eco Wave Power)
Business & Finance

Israel sets feed-in-tariff for Eco Wave Power’s wave energy project

The Israeli Electricity Authority (IEA) has set an official feed-in-tariff (FIT) for Eco Wave Power’s newly installed wave energy pilot project at the Port of Jaffa in Tel Aviv, Israel.

about 4 years ago
Royal IHC lands cable lay spread order from Boskalis
Business & Finance

Royal IHC lands cable lay spread order from Boskalis

Royal IHC has won a contract by Boskalis for the delivery of an advanced modular cable lay spread (MCLS) that will be used in the offshore wind industry. The cable lay system will be used for the installation of inter-array power cables and associated cable protection systems (CPS). Royal IHC will d

about 4 years ago
Noble Gerry de Souza drillship;
Business & Finance

Hit-and-miss for partners in Suriname waters

APA Corporation has made an oil discovery at its operated Baja-1 well in Block 53 offshore Suriname, but TotalEnergies had no such luck in Block 58.

about 4 years ago
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