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Stena Spey rig
Business & Finance

Stena rig bags new UK contract with TotalEnergies

Stena Drilling has secured a new contract for a semi-submersible rig with TotalEnergies for operations off the UK.

about 4 years ago
Boskalis Subsea Services settles in Port of Sunderland
Business & Finance

Boskalis Subsea Services settles in Port of Sunderland

Aberdeen-headquartered Boskalis Subsea Services has opened a new regional project office at the Port of Sunderland. Boskalis Subsea Services said it will use the base to expand the presence of its business vessel operations in the UK, as it looks to cater for growing demand for its offshore, IRM, co

about 4 years ago
Semco Maritime to service Floatel unit ahead of new job
Business & Finance

Semco Maritime to service Floatel unit ahead of new job

Offshore accommodation rig provider Floatel has awarded Semco Maritime a contract for service work on a semi-submersible unit.

about 4 years ago
Equinor awards batch of extension deals worth over $1.2 bln for all onshore & offshore assets
Business & Finance

Equinor awards extensions worth over $1.3 bln to Norwegian suppliers

Equinor has extended agreements with Norwegian suppliers valued at over $1.3 billion for maintenance and modification services.

about 4 years ago
Safe Concordia - Prosafe
Business & Finance

BP charters Prosafe unit for Trinidad job

Offshore accommodation services provider Prosafe has secured a new contract with BP for operations off Trinidad.

about 4 years ago
Sumitomo inks $200 million deal for first Middle East subsea transmission system
Business & Finance

Sumitomo inks $200 million deal for first Middle East subsea transmission system

Sumitomo Electric Industries has received a limited notice to proceed (LNTP) from Samsung C&T Corporation to deliver a high-voltage direct current (HVDC) cable for what will be the first of its kind submarine HVDC network in the Middle East. Under the $200 million deal, Sumitomo will deliver its 400

about 4 years ago
CBO Brazilian player boosts fleet with brand-new vessel and inks deal with Karoon
Business & Finance

Brazilian operator gets brand-new fleet addition and fresh deal with Karoon

CBO has added a new PSV to its fleet and signed its second contract for one of its AHTS vessels with Karoon Energy.

about 4 years ago
TotalEnergies
Business & Finance

Higher oil & gas prices lift TotalEnergies profit

TotalEnergies saw its quarterly profit soar at the end of 2021 while returning to the black on a y-o-y basis driven by higher prices.

about 4 years ago
Aker BP
Business & Finance

Aker BP to splash $400 million on exploration and drill 13 wells in 2022

Aker BP is planning to drill 13 exploration wells this year while also working to develop several projects in Norway, including a new Alvheim tieback.

about 4 years ago
Fincantieri
Business & Finance

Fincantieri, BNP Paribas sign €700M sustainability-linked guarantee facility

Italian shipbuilder Fincantieri and BNP Paribas Italy have finalized an agreement to turn the guarantee line for a maximum amount of €700 million (about $797M) granted by the bank into a sustainability-linked guarantee facility.

about 4 years ago
TotalEnergies
Business & Finance

TotalEnergies abandons deepwater Gulf of Mexico project to pursue better ones

French energy major TotalEnergies is withdrawing from its operated project located in the deepwater Gulf of Mexico.

about 4 years ago
Surveys on Norfolk offshore wind farm extensions to start in March
Business & Finance

Surveys on Norfolk offshore wind farm extensions to start in March

Hydrographic and geophysical surveys are set to start on the proposed Sheringham Shoal and Dudgeon Extension offshore wind projects in March. The vessel Ocean Research is expected to begin the work around 1 March offshore the North Norfolk coast. Activities will continue for an estimated 120 days, e

about 4 years ago
Nexans goes greener with gas switch for high-voltage cables
Business & Finance

Nexans goes greener with gas switch for high-voltage cables

Nexans High Voltage laboratory has carried out a 420 kV HVAC electrical type test with the use of g3 inside the termination, a gas said to have significantly reduced impact on the environment compared to the most commonly used SF6. According to Nexans, sulphur hexafluoride gas (SF6) has been extensi

about 4 years ago
Solstad reshuffles its fleet by offloading two more vessels
Business & Finance

Solstad offloads two more AHTS vessels

Solstad Offshore has sold two more of its anchor handling tug and supply (AHTS) vessels to a buyer, whose identity was not revealed.

about 4 years ago
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