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Baker Hughes Shell
Business & Finance

Baker Hughes and Shell unite to speed up global energy transition

Baker Hughes and Shell have joined forces to speed up the energy transition and reach net-zero carbon emission goals.

about 4 years ago
First Subsea opens dedicated CPS production facility
Business & Finance

First Subsea opens dedicated CPS production facility

First Subsea has opened a dedicated production facility for cable protection systems (CPSs) in Lancaster, UK, in order to meet the demand from the offshore wind market.

about 4 years ago
BW Energy - Aquaterra
Business & Finance

Aquaterra to support BW Energy’s rig conversion job

Offshore energy engineering solutions provider Aquaterra Energy has been awarded a $4.4 million contract with BW Energy.

about 4 years ago
Maersk, Vestas team up on all containerised transport
Business & Finance

Maersk, Vestas team up on all containerised transport

Danish shipping company A.P. Moller – Maersk and its compatriot wind turbines manufacturer Vestas have formed a long-term strategic partnership for all containerised transport.

about 4 years ago
CGG seismic data to back Northern Lights JV DA CO2 storage projects
Business & Finance

CGG seismic data to back Northern Lights JV’s CO2 storage projects

CGG has licensed its high-end Northern Viking Graben multi-client seismic data set in the Northern North Sea to Northern Lights JV DA, for use in its ongoing and future CO2 storage developments.

about 4 years ago
IMI Zamil Offshore
Business & Finance

Two Saudi players team up, aiming to be one of the world’s most competitive OSV builders

IMI has signed a long-term agreement with Zamil Offshore for the delivery of OSV building and MRO services in Saudi Arabia.

about 4 years ago
d’Amico continues offloading MR tanker oldies to keep fleet young
Business & Finance

d’Amico continues offloading MR tanker oldies to keep fleet young

d’Amico Tankers, operating subsidiary of Italian marine transportation company d’Amico International Shipping (DIS), has signed a memorandum of agreement for the sale of one of its oldest MR vessels to make place for eco ships in its fleet.

about 4 years ago
Tullow
Business & Finance

Tullow brings in first Ghanaian-owned vessel to support O&G ops

Tullow Oil has taken delivery of the first Ghanaian-owned and Ghanaian-flagged vessel, which will support oil and gas activities in Ghana.

about 4 years ago
Emerald Driller jack-up rig - Vantage
Business & Finance

Vantage trims losses amid increased activity

Vantage Drilling has managed to cut its quarterly loss on the back of higher revenues driven by growing contracting activity and utilisation.

about 4 years ago
Burbo Bank Extension offshore wind farm in the UK
Business & Finance

Subsea cables account for over 50 pct of total claims spend in offshore wind – GCube Insurance

Combined market losses in offshore wind grew from GBP 124 million (around EUR 145 million) in 2010-2015 to GBP 500 million (around EUR 585 million) by 2020, with the average insurance claim nearly doubling from GBP 1.67 million (around EUR 2 million) to GBP 3.08 million (around EUR 3.6 million) in t

about 4 years ago
First US subsea cable plant opens for business
Business & Finance

First US high-voltage subsea cable plant opens for business

Nexans has officially opened its high-voltage subsea cable plant in Charleston, South Carolina, which is the first such facility in the United States.

about 4 years ago
CorPower finalist in the race for $1 million Ocean Innovation Prize
Business & Finance

CorPower finalist in the race for $1 million Ocean Innovation Prize

Swedish wave energy company CorPower Ocean has reached the finals of the $1 Million Ocean Innovation Prize organized by the Blue Climate Initiative (BCI).

about 4 years ago
Deepsea Stavanger - Aker BP
Business & Finance

Disappointing results for Aker BP in North Sea

Aker BP has concluded the drilling of a wildcat well in the North Sea and encountered a minor oil discovery, which is not commercial.

about 4 years ago
Equinor's Oseberg field centre in the North Sea
Business & Finance

Equinor puts StormGeo in charge of weather and ship routing services

Equinor has awarded two contracts for weather and route advisory services in the North Sea and Norwegian Continental Shelf to StormGeo.

about 4 years ago
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