After several delays, the government of Canada has approved the Equinor-operated Bay Du Nord offshore oil project.
DeepOcean has acquired the Norwegian engineering and technology company Installit and its subsidiaries in order to accelerate offshore renewables growth. Founded in 2000, Installit provides project management and engineering services within subsea cable installation and repair, including HV cables,
A notable update relates to a Valaris drillship contract in the Gulf of Mexico, which has now been novated from TotalEnergies to Equinor.
After confirming rig mobilisation date, Western Gas has set all the wheels in motion to drill the Sasanof-1 well on the North West Shelf.
DOF Subsea has achieved a 99% rate for the combined recycling and repurposing of recovered materials on its decommissioning project at the Buchan and Hannay fields in the Central North Sea. The offshore works, carried out using Skandi Acergy and Skandi Skansen, included the recovery of 135 concrete
LNG shipper Golar has sold a part of its shares in gas-to-power developer New Fortress Energy (NFE) to invest in FLNG projects.
French industrial gases company Air Liquide and compatriot maritime firm Sogestran have signed an agreement to form a joint venture (JV) focused on providing large-scale liquid CO2 (LCO2) shipping and barging solutions.
Solstad Offshore has sold additional six vessels in a bid to reduce its debt by successfully completing its divestment strategy.
A cross-boundary project involving science and industry experts has landed €3.4 million ($3.7 million) from an EU climate action fund to accelerate the uptake of ship-based carbon capture (SBCC) by international shipping companies.
The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.
The European Union members have announced a new, fifth round of sanctions against Russia and its businesses due to the war in Ukraine.
DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.
Japenese ITOCHU Corporation has launched the joint study framework (JSF) for ammonia bunkering safety and signed a memorandum of understanding (MoU) with the Maritime and Port Authority of Singapore (MPA) to jointly promote the development of an ammonia fuel supply base in Singapore.
Saipem has been awarded new contracts in offshore drilling in the Middle East and in West Africa for a total amount of over $400 million.
