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Participant funding at hand for Cedar LNG project
Business & Finance

Participant funding at hand for Cedar LNG project

The Impact Assessment Agency of Canada has provided funding now available to aid participation in the assessment process for the proposed Cedar LNG project at Kitimat, British Columbia.

about 4 years ago
McDermott
Business & Finance

McDermott develops new tool to estimate carbon impact of energy facilities

McDermott is launching a tool to enable the collection and reporting on the carbon footprint of energy facilities even before they are built.

about 4 years ago
Borr Drilling - Creditors sign off on Borr’s first step in financing quest
Business & Finance

Borr creditors sign off on deferral agreements with yards

Borr Drilling has received consent from creditors for the extension of debt maturities and delivery instalments from 2023 to 2025.

about 4 years ago
Subsea 7 to deliver installation services at Shenandoah field
Business & Finance

Subsea 7 to deliver installation services at Shenandoah field

Subsea 7 has secured what it says is a “substantial” contract to provide subsea installation services for Beacon Offshore Energy’s Shenandoah development in the Gulf of Mexico. The project covers the tie-back of four subsea wells to the Shenandoah host facility through a subsea manifold with dual fl

about 4 years ago
Maersk Highlander jack-up rig
Business & Finance

Maersk Drilling connecting rigs to green shore-to-ship power while docked at Esbjerg

Danish Maersk Drilling and Port Esbjerg have been working together to enable the supply of green power for offshore rigs to cut emissions.

about 4 years ago
Aquarius rig - Aquadrill - Vantage
Business & Finance

Vantage to manage another rig for Aquadrill

Vantage has been put in charge of managing and marketing a semi-submersible rig owned by Aquadrill, formerly known as Seadrill Partners.

about 4 years ago
New subsea personnel recruitment company comes to market
Business & Finance

New subsea personnel recruitment company comes to market

Aberdeen-based recruitment services provider Drillmar Resources has launched a new recruitment company specializing in the subsea sector named SUBCMAR. The company will aim to strengthen the offering of energy recruitment experts to existing clients, as well as expand its presence to the internation

about 4 years ago
offshore rig market analysis by Westwood
Business & Finance

Offshore rig market improvement in 2021 driven by high EPC spend – Westwood

The latest analysis from Westwood has revealed a y-o-y growth for the global offshore rig market at the close of 2021.

about 4 years ago
Dutch-UXO-consultancy-sets-up-US-entity
Business & Finance

Dutch UXO consultancy sets up US entity

Dutch UXO consultancy NjordIC has opened an office in Houston, Texas, to support the development of the U.S. offshore wind sector. NjordIC USA LLC will offer UXO consultancy services for developers and contractors of offshore wind projects to strengthen the offshore UXO service industry in this regi

about 4 years ago
Geotechnical surveys scheduled for Scotland's 4.1 GW offshore wind project
Business & Finance

Scotland’s 4.1 GW offshore wind project ready for geotechnical surveys

SSE Renewables is set to soon kick off further geotechnical survey work at the Berwick Bank Wind Farm located off the east coast of Scotland. The first phase which will include a borehole survey is planned to mobilize between 29 January and 1 February, with the completion expected by 22 February. Th

about 4 years ago
Gjøa platform - Neptune Energy
Business & Finance

Neptune’s output from North Sea hub swells thanks to tie-backs

Oil and gas company Neptune Energy has increased production from its operated Gjøa platform in the Norwegian North Sea.

about 4 years ago
Verlume's leadership team (Courtesy of Verlume)
Business & Finance

EC-OG rebrands to Verlume to better reflect clean-tech ambitions

EC-OG, a UK-based intelligent energy management and storage technologies specialist, has changed its name to Verlume to emphasize its energy transition ambitions.

about 4 years ago
Hess swings to profit amid higher oil & gas prices
Business & Finance

Hess swings to profit amid higher oil & gas prices

U.S. oil and gas company Hess Corporation has returned to profit in the fourth quarter of 2021, driven by higher oil and gas prices

about 4 years ago
Vår Energi puts collaboration in the spotlight for upcoming subsea contract award
Business & Finance

Vår Energi puts collaboration in the spotlight for upcoming subsea contract award

Norwegian oil and gas company Vår Energi has developed a new collaboration model for suppliers of subsea equipment ahead of a new fabrication and installation contract for its entire operated portfolio. The ongoing tender for the new contract facilitates for suppliers to deliver joint solutions in a

about 4 years ago
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