US-based marine energy company Ocean Power Technologies (OPT) has released financial results for the third quarter of 2022, showing a wider net loss, but also a rise in revenues, when compared to a year before.
Norwegian oil and gas player Equinor has now also decided to stop trading in Russian oil and oil products.
Norway-based subsea and marine services provider DOF Subsea has secured contract extensions with compatriot Equinor and UK’s Shell for three of its vessels. Equinor Energy has exercised options to extend the firm periods of the contracts for platform supply vessel (PSV) Skandi Mongstad for three yea
After securing new deals, Island Offshore, a Norwegian offshore vessel owner, now has all 25 vessels in its fleet under contract.
The government of Japan has approved the development of a megawatt-scale tidal energy project offshore Goto Islands as part of the country’s drive to decarbonize its energy system by using innovative offshore renewable energy technologies.
Norway’s Kongsberg Maritime has launched a new addition to the cNODE product range of acoustic modems which introduces the new capability to stream a live video feed for a variety of subsea installation tasks. The cNODE Mantis features a live video solution said to significantly increase the number
Santos has secured approval of its environment plan for the development drilling and completion of wells on the Barossa field off Australia.
Bermuda-based ship owning and chartering company SFL Corporation has agreed to charter out six 14,000 TEU container vessels to German container shipping major Hapag-Lloyd AG.
Following unsuccessful farm-down attempts, Australia’s FAR is undertaking the required steps to exit from its assets offshore Guinea-Bissau.
Helix Robotics Solutions has signed a charter agreement with Bordelon Marine for the DP2 Jones Act-compliant ultra-light intervention vessel Shelia Bordelon. The one-year firm charter agreement commenced in late February and the vessel is mobilized with two Triton 200 HP ROVs with high-spec survey c
Oil and gas giant Equinor has received a drilling permit from Norwegian authorities for a wildcat well located in the Barents Sea off Norway.
A Valaris drillship and a bulk carrier have collided in Pascagoula, Mississippi with both vessels sustaining damage as a result.
Norwegian subsea technology company Norbit has received an order from an undisclosed international client for the delivery of multiple Winghead i80S sonar systems. The value of the order is approximately NOK 15 million (circa €1.5 million) and the systems are expected to be delivered in the second q
BW Offshore has arranged to recycle another one of its FPSOs at a yard in India to pursue portfolio optimisation.
