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Woodside
Business & Finance

Woodside teams up with U.S. tech developers to turn greenhouse gases into decarbonised products

In a bid to curb Scope 1 and 2 emissions, Woodside has joined forces with ReCarbon and LanzaTech to turn greenhouse gases into new products.

about 4 years ago
Petronas wins Indonesian block adjacent to ‘encouraging discovery’ from last year
Business & Finance

Petronas wins Indonesian block close to ‘encouraging discovery’ from last year

Petronas has been awarded a new block – located onshore and offshore East Java – in Indonesia Petroleum Bid Round 2021.

about 4 years ago
WIND setting up cable storage yard in the US
Business & Finance

WIND setting up cable storage yard in the US

Dutch subsea cable firm WIND has signed a long-term cooperation agreement with Rhode Island-based terminal operator Waterson Terminals to set up a cable storage yard in the U.S. WIND’s plans to establish a new cable storage yard on the east coast region of the United States come after the completion

about 4 years ago
Norway boosts oil & gas output in February
Business & Finance

Norway sees small increase but deviates from forecast in February output

In comparison to the previous month, Norway’s oil and gas production increased in February 2022, however, it was below NPD’s predictions.

about 4 years ago
Equinor picks Remøy vessel with upgrade potential to run on ammonia for ops in North Sea
Business & Finance

Equinor’s charter of Remøy vessel includes potential upgrade to run on ammonia

Equinor has inked a long-term deal with Remøy Shipping for one of its PSVs with ammonia conversion potential to reduce emissions.

about 4 years ago
Nautilus
Business & Finance

Microsoft Climate Fund-backed Nautilus Labs gets $34M to support low-emission shipping

Nautilus Labs, a US-based technology firm advancing the efficiency of ocean commerce through artificial intelligence, has announced $34 million in Series B funding.

about 4 years ago
Kipper Tuna Turrum - ExxonMobil
Business & Finance

ExxonMobil targets Gippsland’s full potential with fresh cash injection

ExxonMobil has sanctioned a project located in the Gippsland Basin off Australia, aiming to expand gas production.

about 4 years ago
ROV
Business & Finance

Rovco investing in SMD’s EV Workclass ROV to boost autonomous subsea inspections

Subsea equipment manufacturer Soil Machine Dynamics (SMD) and offshore services provider Rovco have signed a letter of intent (LOI) for next-generation EV Workclass ROV (WROV) technology.

about 4 years ago
PaleBlue launches new real-time ROV simulator
Business & Finance

PaleBlue launches new real-time ROV simulator

Norway’s PaleBlue has launched the ROV Engineering Simulator tailored for subsea engineering, design reviews, and accessibility checks of subsea installations with the use of remotely operated vehicles (ROVs). The simulator provides real-time simulation and visualization tools that allow users to se

about 4 years ago
Scarabeo 8 rig - Saipem
Business & Finance

Offshore drilling focus to pay off for Saipem following new $325 million award

Italian oilfield services contractor Saipem has been awarded a contract by Aker BP for a drilling campaign offshore Norway.

about 4 years ago
Norbit bags multiple WINGHEAD multibeam tech orders
Business & Finance

Norbit bags multiple WINGHEAD multibeam tech orders

Norwegian Norbit Subsea has secured a number of contracts with surveying companies related to its WINGHEAD multibeam technology.

about 4 years ago
Thialf and Sleipnir on Shore Power at the Calandkanaal - Heerema
Business & Finance

Heerema’s two giant crane vessels switch to green shore power in Rotterdam – gallery

Dutch contractor Heerema Marine Contractors has connected its two giant heavy-lift vessels to a shore power installation in Rotterdam.

about 4 years ago
Offshore testing of Minesto’s Dragon Class scale model (Courtesy of Minesto)
Business & Finance

Minesto widens 2021 losses

Swedish tidal energy company Minesto has released year-end financial results for 2021, recording a slight increase in net loss when compared to a year before.

about 4 years ago
MR Deepwater Subsea, OTC combine their services into one-stop-shop
Business & Finance

MR Deepwater Subsea, OTC combine their services into one-stop-shop

MR Deepwater Subsea and Offshore Technical Compliance (OTC) have joined forces to create a one-stop-shop for real-time monitoring, digital pressure testing and Blowout Preventer (BOP) compliance services. The parties believe that the collaboration will build a wealth of knowledge regarding inspectio

about 4 years ago
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