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MMA’s AHTS converted for offshore wind ops
Business & Finance

MMA’s AHTS converted for offshore wind ops

MMA Offshore has completed a subsea conversion program on the anchor handling tug supply (AHTS) MMA Crystal to support the offshore wind market in Taiwan. The 70-meter long vessel now incorporates a suite of new subsea support services, including ROV, survey and subsea deployment and lifting capabil

about 4 years ago
Tekmar joins major subsea construction project in the Middle East
Business & Finance

Tekmar joins major subsea construction project in the Middle East

Tekmar has secured a contract to provide pipeline support and protection materials for what it says is a major subsea construction project in the Middle East. The contract award is for a value of more than $10 million and is anticipated to be delivered in the company’s current financial year ending

about 4 years ago
OPEC Secretary General Barkindo
Business & Finance

End of an era as OPEC’s Barkindo is preparing for exit

OPEC Secretary General, Mohammad Sanusi Barkindo, is preparing to leave the role at the end of July 2022 following a two-term tenure.

about 4 years ago
Gold Star rig - Constellation
Business & Finance

Petrobras books three Constellation rigs

Brazil’s Constellation Oil Services has been awarded new contracts for three of its rigs by Petrobras in Brazil.

about 4 years ago
Jansz-Io Compression field control station and subsea compression station - Chevron
Business & Finance

Chevron orders key Jansz-Io element worth over $500 million from South Korean shipyard

Chevron has ordered a key element for the development of its Jansz-Io project from a South Korean shipyard.

about 4 years ago
The Mariner A platform - Equinor
Business & Finance

Equinor to book $1.8 bln impairment as UK field reserves shrink

Equinor has reduced its recoverable reserves estimate for a field in the UK North Sea, which will result in a $1.8 billion impairment.

about 4 years ago
Nexans to deliver cables for New York’s first offshore wind farm
Business & Finance

Nexans to deliver cables for New York’s first offshore wind farm

French power cable manufacturer Nexans has received an order to deliver approximately 110 kilometers of high voltage subsea export cables for the South Fork offshore wind project in New York. The three-phase 138 kV high voltage alternative current (HVAC) subsea export cables will be integrated with

about 4 years ago
Kanuni drillship - TPAO
Business & Finance

Turkey’s TPAO wraps up gas flow testing in Black Sea

Turkey’s TPAO has performed the first flow test in Türkali-1 appraisal well in the Sakarya gas field located in the Western Black Sea.

about 4 years ago
SeaRAY's energy storage system on its way to Hawaii
Business & Finance

SeaRAY’s energy storage system on its way to Hawaii

EC-OG’s Halo intelligent subsea battery storage system, which will be integrated into C-Power’s SeaRAY autonomous offshore power system (AOPS), has been shipped from Scotland to Hawaii. Halo, currently on its way to Honolulu, will serve as the energy storage system and gravity anchor for C-Power’s d

about 4 years ago
California
Business & Finance

California governor plans to invest $2.3 bln in state ports

On 10 January, California Governor Gavin Newsom presented a 2022-23 state budget proposal that includes a planned $2.3 billion investment for Californian ports to reduce congestion.

about 4 years ago
Wood
Business & Finance

Wood in recruitment drive for 200 roles to support growth in Middle East

Wood has marked a year of strategic growth in the Middle East region after accumulating $580 million of secured backlog in 2021.

about 4 years ago
Norwegian firms partner up for new subsea technology
Business & Finance

Norwegian firms partner up for new subsea technology

Norway’s IK-Group and Nautilus Subsea have signed a memorandum of understanding (MoU) to together deliver new subsea technology to the industry. End-user benefits will include accelerated project execution which will deliver cost-saving through reduced offshore campaigns and vessel time, IK-Group st

about 4 years ago
A photo of Viking Neptun at sea
Business & Finance

DEME acquiring Eidesvik’s installation vessel

DEME has entered into an agreement with Eidesvik to acquire the DP3 offshore installation vessel Viking Neptun, with the transaction expected to be completed in the last few months of this year as the vessel is currently working under a contract with Havfram. According to information on Eidesvik’s c

about 4 years ago
McDermott and CSIRO to usher in net-zero future by advancing carbon capture solutions
Business & Finance

McDermott and Australia’s science organisation join forces to advance carbon capture solutions

McDermott and CSIRO have joined forces to advance carbon capture solutions in a quest to bring the industry closer to a net-zero future.

about 4 years ago
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