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Westwood sees signs of recovery in high-impact exploration activity
Business & Finance

Westwood sees signs of recovery in high-impact exploration activity

Westwood is seeing a rebound in high-impact exploration this year with expectations for it to pick up in the second half.

about 4 years ago
EU-backed fund supports Feritech's growth plans
Business & Finance

EU-backed fund supports Feritech’s growth plans

Subsea solutions supplier Feritech has secured a £1 million growth loan from the Cornwall and Isles of Scilly Investment Fund (CIOSIF) to drive overseas growth. Feritech Global designs, manufactures and sells marine geotechnical equipment, ancillaries and consumables to geotechnical and geophysical

about 4 years ago
ExxonMobil hires another Kotug vessel to support two FPSOs off Guyana
Business & Finance

ExxonMobil hires another Kotug vessel to support Guyana FPSOs

ExxonMobil has picked another vessel from Kotug for operations entailing the provision of terminal towage support for two FPSOs off Guyana.

about 4 years ago
Two UK firms formalise deal to make North Sea prospect drill-ready
Business & Finance

Two UK firms formalise deal to work on making North Sea prospect drill-ready

Orcadian Energy and Carrick Resources have executed a formal agreement for the farm-out of a prospect in the UK North Sea.

about 4 years ago
Moscow Maersk
Business & Finance

Maersk CEO: We will need 5-15% more capacity to meet IMO 2023

Meeting the IMO 2023 regulations will have quite a significant impact on the supply of vessels in the container shipping market in the long term, Søren Skou, CEO of A.P. Møller – Mærsk A/S, estimates. As of 2023, the shipping industry will need to meet a new round of vessel efficiency and carbon int

about 4 years ago
NEO Energy will re-develop Affleck through Judy platform tie-back in the North Sea
Business & Finance

Operator redeveloping North Sea field shut-in since 2016

NEO Energy has filed its environmental statement for the redevelopment of the Affleck field in the North Sea to the UK’s authorities.

about 4 years ago
New CFO joins Valaris to ‘build on the positive momentum’
Business & Finance

New CFO joins Valaris to ‘build on the positive momentum’ in offshore drilling

Valaris has revealed that the new CFO has now started working for the company after being appointed to this role a couple of months ago.

about 4 years ago
Tyra II offshore installation campaign - TotalEnergies
Business & Finance

New timing for Tyra first gas amid supply chain issues

TotalEnergies has experienced delays with its Tyra Redevelopment Project in the Danish North Sea amid global supply chain challenges.

about 4 years ago
Marlinks to monitor cables at Baltic Sea offshore wind farm
Business & Finance

Marlinks to monitor cables at Baltic Sea offshore wind farm

Marlinks has won a contract to provide cable health monitoring services for the Arcadis Ost 1 wind farm located offshore Germany in the Baltic Sea. According to Marlinks, Arcadis Ost 1 is situated in an area of the Baltic Sea where challenging seabed conditions are present and a swampy topsoil layer

about 4 years ago
Foinaven FPSO - Teekay
Business & Finance

Union ‘deeply concerned’ for the safety of the crew on FPSO heading to port

UK’s Unite the union has raised safety concerns for crew aboard the Foinaven FPSO ahead of strike action set to begin this Friday.

about 4 years ago
Sentinel Marine bags about $12.2 million for North Sea gig with Neptune Energy
Business & Finance

Sentinel Marine to keep providing offshore support on Neptune’s UK gas field

Sentinel Marine has secured a new deal for one of its vessels with Neptune Energy to continue supporting a field in the UK North Sea.

about 4 years ago
CorPower readies Portugal test site for HiWave-5 marine installations
Business & Finance

CorPower readies Portugal test site for HiWave-5 marine installations

CorPower Ocean has completed the substation and site preparation work in Portugal ahead of marine installations for its flagship HiWave-5 grid-connected demonstration wave energy project.

about 4 years ago
Equinor sets its sights on Norwegian Sea wildcat
Business & Finance

Equinor sets its sights on Norwegian Sea wildcat

Equinor has secured a permit from the country’s authorities for the drilling of a wildcat well, located in the Norwegian Sea.

about 4 years ago
Hexagon expands its LNG and LH2 portfolio
Business & Finance

Hexagon expands its LNG and LH2 portfolio

Norway’s clean energy transportation company Hexagon is expanding its focus on liquified natural gas (LNG) and liquid hydrogen (LH2) by buying a 40 per cent stake in cryogenic tank technology manufacturer Cryoshelter.

about 4 years ago
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