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Belgian TSO takes up autonomous surface vehicle inspection (Video)
Business & Finance

Belgian TSO takes up autonomous surface vehicle inspection (Video)

Belgian transmission system operator (TSO) Elia has for the first time used an autonomous, unmanned surface vehicle (USV) to survey its offshore assets. The USV named Tupan, owned and developed by Brazilian start-up Tidewise, inspected Elia’s subsea cables to the Modular Offshore Grid (MOG) in the B

about 4 years ago
Two players join forces to research carbon capture and global supply chain
Business & Finance

Two players join forces to research carbon capture and global supply chain

American Bureau of Shipping (ABS) has teamed up with TAMUQ to launch a study into carbon capture and the global supply chain.

about 4 years ago
MMA Offshore eyes new markets with latest acquisition
Business & Finance

MMA Offshore eyes new markets with latest acquisition

MMA Offshore has entered into an agreement to acquire Subcon International, a Perth-headquartered provider of stabilization, coastal erosion and engineered reef solutions to the oil and gas, offshore wind and coastal infrastructure sectors. The acquisition is said to be in line with MMA’s purpose an

about 4 years ago
Oil output drops below prediction in May as Norway records slightly higher gas production
Business & Finance

Oil output on the decline as Norway records slightly higher gas production in May

Norway saw a small increase in gas production while its oil output dropped below NPD’s predications for the third month in a row.

about 4 years ago
Island Innovator rig - Island Drilling
Business & Finance

Spud date for exploration well off South Africa draws near

Eco (Atlantic) Oil & Gas and its partners are planning to start drilling an exploration well offshore South Africa in the third quarter of this year.

about 4 years ago
Danish govt to hold co-ownership in future CO2 storage licenses under new political deal
Business & Finance

Danish govt to hold co-ownership in future CO2 storage licenses under new political deal

The Danish government has signed a new political agreement with eight parties which implies that it will have a 20% co-ownership in future carbon storage licenses in the North Sea. Danish parties Venstre, Socialistisk Folkeparti, Radikale Venstre, Enhedslisten, Det Konservative Folkeparti, Dansk Fol

about 4 years ago
ESL Shipping
Business & Finance

ESL Shipping receives $21M for electric hybrid vessels

Finnish shipping company ESL Shipping, part of Aspo, has signed a €20 million ($21 million) loan agreement with Nordic Investment Bank (NIB).

about 4 years ago
PEL 83 - Namibia
Business & Finance

Fresh exploration well on the cards for Namibia’s deep waters

Galp has secured an extension for an exploration licence located offshore Namibia close to Shell’s Graff and TotalEnergies’ Venus discoveries.

about 4 years ago
Over $1 million for US-produced micro-sized autonomous underwater vehicles
Business & Finance

Over $1 million for US micro-sized autonomous underwater vehicles

Rhode Island-based Jaia Robotics has raised more than $1 million in seed funding that will be used for its micro-sized autonomous underwater vehicles (AUVs). Jaia Robotics, founded in 2020, specializes in developing what are said to be low-cost, high-speed, micro-sized configurable autonomous marine

about 4 years ago
TotalEnergies’ latest well flow test marks “significant step forward” for project development off Suriname
Business & Finance

TotalEnergies’ latest flow test in Suriname to shape future activity

TotalEnergies and its partner APA Corporation have completed a flow test on an exploration well in Block 58 offshore Suriname.

about 4 years ago
Beach Energy seeking approval for infill drilling off Australia to meet demand for natural gas
Business & Finance

Beach Energy makes plans for infill drilling off Australia to meet gas demand

Beach Energy has submitted an environment plan to the Australian offshore regulator for infill drilling on a field in Commonwealth waters.

about 4 years ago
University of Rhode Island selected for TEAMER program
Business & Finance

University of Rhode Island accepted into TEAMER program

The University of Rhode Island (URI) has been accepted into the U.S. Department of Energy’s Testing Expertise and Access for Marine Energy Research (TEAMER) program.

about 4 years ago
Steelmaking giant enters offshore wind, green hydrogen industries
Business & Finance

Steelmaking giant enters offshore wind, green hydrogen industries

German energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

about 4 years ago
Modus charters Vroon vessel for pipeline inspection work
Business & Finance

Modus charters Vroon vessel for pipeline inspection work

UK-based subsea services company Modus has chartered the multi-purpose offshore support vessel VOS Sweet from Vroon Offshore Services. The vessel has been chartered to execute a contract for pipeline inspection work in the Dutch North Sea and will be mobilized from the Modus Middlesbrough Marine Bas

about 4 years ago
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