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Norway launches 30 GW by 2040 offshore wind investment plan
Business & Finance

Norway launches 30 GW by 2040 offshore wind investment plan

The Government of Norway has launched a large-scale investment plan aimed at allocating sea areas to develop 30 GW of offshore wind capacity by 2040. The ambition is that almost as much new power will be produced from offshore wind as Norway produces in total today. ”Today we launch a large-scale in

about 4 years ago
New gig for Solstad vessel off Norway with Aker BP
Business & Finance

New gig in Norway for Solstad vessel

Aker BP has picked a platform supply vessel (PSV) from Solstad Offshore for support operations offshore Norway.

about 4 years ago
OSI wins EPIC contract for prototype subsea cables
Business & Finance

OSI wins EPIC contract for prototype subsea cables

Ocean Specialists, Inc. (OSI) has secured an engineering, procurement, installation, and commissioning (EPIC) contract for the testing and evaluation of prototype fiber-optic cables designed for deployment in saltwater. The objective of the project is to measure the short- and long-term impacts of s

about 4 years ago
BHP cleared to go ahead with infill drilling campaign off Australia
Business & Finance

BHP cleared to go ahead with infill drilling campaign off Australia

BHP has secured acceptance from the country’s offshore regulator for its infill development drilling programme offshore Western Australia.

about 4 years ago
Odfjell close to wrapping up three-year drilling campaign in Black Sea
Business & Finance

Odfjell Technology on track to wrap up three-year campaign in Black Sea

Odfjell Technology is on track to successfully complete its three-year drilling project in the Black Sea with Black Sea Oil & Gas (BSOG).

about 4 years ago
Novige's scaled NoviOcean NO2 wave energy device (Courtesy of Novige)
Business & Finance

Swedish start-up collects multi-million EU grant for full-scale wave energy device

Swedish company Novige has been selected by the European Climate, Infrastructure and Environment Executive Agency (CINEA) to receive a multi-million euro grant to build its full-scale wave energy device.

about 4 years ago
Cygnus Alpha - Neptune Energy
Business & Finance

Neptune to invest over $1 bln in next five years to secure energy supplies for UK

Neptune Energy will spend more than $1 billion over the next five years securing energy supplies for the UK.

about 4 years ago
Petrogas used the Maersk Resilient for the Birgitta well
Business & Finance

Petrogas plans to unlock stranded North Sea gas discovery within three years

Petrogas plans to develop its Birgitta gas field in the UK North Sea within the next three years following the completion of an appraisal well.

about 4 years ago
The Martin Linge field in the North Sea - Equinor
Business & Finance

Norway’s Equinor sells shares in two North Sea fields for over $1 billion

Equinor is exiting the Greater Ekofisk Area and selling a share of Martin Linge field off Norway for a total of $1 billion.

about 4 years ago
Koreas-first-subsea-cable-laying-vessel-launched
Business & Finance

Korea’s first subsea cable laying vessel launched

LS Cable & System (LS C&S) has held the launching ceremony for what is said to be Korea’s first subsea power cable laying vessel. The ceremony for GL2030 was held on 21 April at Donghae Port in Gangwon-do, where LS Cable & System’s subsea cable factory is located. LS C&S said it is planning to [&hel

about 4 years ago
Maersk Discoverer rig was used to drill Kawa well off Guyana
Business & Finance

Guyana partners confirm light oil and gas condensate discovery ahead of new well

CGX Energy and Frontera Energy have made a light oil and condensate discovery in their exploration well on the Corentyne block off Guyana.

about 4 years ago
Lamprell to carry our ‘major’ upgrades on three jack-up rigs
Business & Finance

Lamprell to deliver upgrades for three jack-up rigs

Lamprell is in the frame for upgrade work on three jack-up drilling rigs ahead of their move to the Gulf region.

about 4 years ago
Scana subsidiary wins mooring contract for Brazilian FPSO
Business & Finance

Scana subsidiary wins mooring contract for Brazilian FPSO

Norway’s Seasystems, owned by Scana, has won a contract for the delivery of an anchoring system for a floating production, storage and offloading (FPSO) project in Brazil. Seasystems will under the contract deliver mooring equipment, such as dual axis chain stoppers, chain handling systems and winch

about 4 years ago
Eldfisk Complex; Source: ConocoPhillips
Business & Finance

ConocoPhillips files development plan for $1.2 bln North Sea project

ConocoPhillips and its partners have submitted a PDO for a project in the Greater Ekofisk Area with investments totalling around $1.2 bln.

about 4 years ago
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