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Serica repairs subsea control module and restarts production at North Sea field
Business & Finance

Despite bad weather, Serica wraps up repairs and restarts North Sea field

Following repair and replacement of a subsea control module component, Serica has resumed production from the Rhum field in the UK North Sea.

about 4 years ago
New JV to reduce subsea work costs in offshore wind, oil & gas industry
Business & Finance

New JV to reduce subsea work costs in offshore wind, oil & gas industry

UK-based Load Monitoring Systems (LMS) and subsea communications company Aquatec Group have formed a joint venture to reduce the cost of subsea installation, maintenance and decommissioning in the offshore wind and oil and gas industry.

about 4 years ago
Helix and Trident agree on contract extension for field decommissioning services
Business & Finance

Helix and Trident agree on contract extension for decommissioning services

Helix Energy Solution has secured a one-year contract extension with Trident Energy for field decommissioning services offshore Brazil. The project, located in the Pampo and Enchova Clusters in the Campos Basin, is expected to commence late this year for a period of two years with multiple options t

about 4 years ago
Equinor clears regulatory hurdles to drill another North Sea well
Business & Finance

Equinor obtains permit for another North Sea well

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

about 4 years ago
UAE ADNOC
Business & Finance

UAE player investing in drilling growth with $658 million in new awards

UAE-based ADNOC has awarded framework agreements valued at $658 million for cementing services as it continues to invest in drilling growth.

about 4 years ago
New Tyra II utility and living quarters - TotalEnergies
Business & Finance

New accommodation unit for Tyra heads to North Sea – gallery

The accommodation unit for TotalEnergies’ Tyra II project, located in the Danish North Sea, has left a shipyard in Italy, heading to Denmark.

about 4 years ago
Menter Môn awarded $196.5K to further hydrogen as green fuel
Business & Finance

Menter Môn awarded $196.5K to further hydrogen as green fuel

U.K. social enterprise Menter Môn has won a £150,000 ($196,500) grant to fund hydrogen as green fuel research.

about 4 years ago
Petrofac
Business & Finance

After a year-long suspension, Petrofac allowed to compete in ADNOC tenders

Following a year-long suspension, Petrofac, is now allowed again to take part in new tenders from UAE’s oil and gas giant ADNOC.

about 4 years ago
iXblue ramps up DriX USV production to meet growing industry demand
Business & Finance

iXblue ramps up DriX USV production to meet growing industry demand

iXblue is ramping up its production of DriX uncrewed surface vehicles (USV) to, as it says, meet the growing industry need for sea-proven autonomous platforms. According to the company, the strong increase in order intake has led to reviewing the whole industrialization process for series production

about 4 years ago
The Oseberg field centre in the North Sea - Norway's Equinor
Business & Finance

Norway’s Equinor ramping up gas output to help meet Europe’s demand

Norway’s Equinor and the country’s government have worked out a plan to maintain high gas exports to Europe amid supply concerns.

about 4 years ago
Prysmian done with North Sea Link ahead of schedule
Business & Finance

Prysmian finishes North Sea Link ahead of schedule

Italy’s Prysmian has completed the North Sea Link (NSL) interconnector between Norway and the UK ahead of schedule. In 2015, Norwegian system operator Statnett and UK’s National Grid awarded Prysmian with a €550 million project to deliver approximately 950 kilometers of subsea HVDC cables (1400MW, ±

about 4 years ago
Maersk Resolve rig
Business & Finance

Fresh UK North Sea deal for Maersk jack-up

Danish offshore rig owner Maersk Drilling has been awarded a five-month contract in the UK sector of the North Sea.

about 4 years ago
Subsea cable for new Filipino transmission project to come from Japan
Business & Finance

Subsea cable for new Filipino transmission project to come from Japan

Japan’s Furukawa Electric and Philippines-based S.L. Development Construction Corporation have secured a contract to deliver a subsea power transmission project in the Philippines. Furukawa Electric will supply 230 kV AC XLPE-insulated 1,600 mm2 triple-core submarine cable, and cable temperature and

about 4 years ago
Talos establishes 'first ever major offshore' CCS site in U.S.
Business & Finance

Talos on the lookout for anchor partners after formalising CCS hub site

Talos is hoping to find anchor partners after executing the lease for “the first-ever major offshore” CCS site in the U.S.

about 4 years ago
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