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Subsea Europe Services gets six-figure for autonomous survey tech development
Business & Finance

Subsea Europe Services gets six-figure support for autonomous survey tech

Subsea Europe Services (SES) has secured six-figure funding to accelerate autonomous survey technologies development for marine survey applications. The investment is said to boost the company’s approach which focuses on the integration of new generation smart, A.I. and machine learning-enabled hydr

about 4 years ago
50Hertz awards Ostwind 3 UXO removal contract
Business & Finance

50Hertz awards Ostwind 3 UXO ID and removal contract

German offshore transmission system operator (TSO) 50Hertz has contracted Heinrich Hirdes EOD Services for UXO identification and removal works for the Ostwind 3 project. The German contractor is in charge of delivering the unexploded explosive ordnance (UXO) survey, identification and removal on th

about 4 years ago
Drewry
Business & Finance

Drewry: Ocean carriers close 2021 with $190 billion profit

Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices, maritime research consultancy Drewry said.

about 4 years ago
New deal for drilling ops signals rising confidence in North Sea for UK well engineering specialist
Business & Finance

UK well engineering specialist sees new deal as reflection of growing confidence in North Sea

UK’s Fraser Well Management believes that its new contract demonstrates the growing confidence in the hydrocarbon potential of the North Sea.

about 4 years ago
Solstad goes on decarbonisation quest with Wärtsilä
Business & Finance

Aiming for industry’s greenest fleet of vessels, Solstad goes on decarbonisation quest with Wärtsilä

Solstad has turned to Wärtsilä in a bid to reduce the carbon footprint of its fleet and achieve its decarbonisation ambitions by 2050.

about 4 years ago
STR makes largest iXblue investment to date
Business & Finance

STR makes largest iXblue investment to date

UK’s Subsea Technology & Rentals (STR) has acquired the iXblue long baseline (LBL) system Canopus, strengthening its global rental fleet. Canopus brings together intelligent transponders, Ramses transceivers, Inertial Navigation Systems (INS), and Delph Subsea positioning software. It is also a thir

about 4 years ago
Enauta gets green light for Atlanta’s full development system and inks FPSO deal with Yinson
Business & Finance

All systems go for full development of Enauta’s Brazillian field including FPSO deal with Yinson

Enauta has confirmed the approval for the Atlanta field’s Full Development System and signed a firm FPSO contract with Yinson.

about 4 years ago
GES
Business & Finance

GES closes its 1st investment in Port of Rotterdam

Following the signing of a binding agreement in November 2021, Singapore-based storage terminals operator Global Energy Storage (GES) has closed the transaction to acquire part of the Stargate Terminal from Gunvor Group in Europoort, the Port of Rotterdam.

about 4 years ago
DOE to invest $150 million in energy transition projects
Business & Finance

DOE to invest $150 million in energy transition projects

The U.S. Department of Energy (DOE) will invest $150 million in research projects focused on advancing clean energy technologies.

about 4 years ago
Orsted-investigating-cable-routes-landfall-sites-for-Skipjack-export-line
Business & Finance

Ørsted investigating cable routes, landfall sites for Skipjack export line

Ørsted will start surveying potential landfall locations in Delaware for the Skipjack Wind 1 export cable this month, according to the local media, which reports the developer will survey the seafloor and coastal terrain at three locations near Bethany Beach. The developer will deploy three vessels

about 4 years ago
Woodside awards aviation services deal to US player
Business & Finance

Woodside picks aviation services provider for Scarborough

PHI International has secured a contract with Woodside – on behalf of the Scarborough JV – for aviation services in Western Australia.

about 4 years ago
INTOG leasing - Scotland - North Sea
Business & Finance

North Sea decarbonisation at the forefront of Scotland’s leasing round connecting offshore oil & gas with wind

A new leasing opportunity has been unveiled in Scotland connecting offshore oil and gas and wind in a push to decarbonise the North Sea.

about 4 years ago
Germany halts Nord Stream 2 in response to Russia's latest actions
Business & Finance

Germany halts Nord Stream 2 in response to Russia’s latest actions

Germany has halted the process of certifying the Nord Stream 2 gas pipeline from Russia due to the current crisis in Ukraine, German Chancellor Olaf Scholz has been reported as saying. According to local media reports, Scholz has announced that his government is taking the measures in response to Ru

about 4 years ago
Na Kika platform in the Gulf of Mexico - BP
Business & Finance

BP brings online ‘some of the most efficient barrels in the world’

BP has announced the start-up of an xpansion project in the Gulf of Mexico, the first of four major to be delivered globally in 2022.

about 4 years ago
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