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With takeover of compatriot energy firm out of the way, Norwegian firm’s headcount tops 500

18 June 2024

Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

Norway’s AGR, a subsidiary of ABL Group, has acquired Ross Offshore, enabling it to expand its team with more than 220 additional employees.

171-meter Prysmian cable layer steps closer to delivery with launch at VARD

11 June 2024

Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Vessels

Norwegian ship designer and shipbuilder VARD has launched Prysmian’s new cable laying vessel (CLV) Monna Lisa, sister ship to Leonardo da Vinci, coming a step closer to delivery in 2025. VARD has completed steel cutting, keel laying, generator installation, and hull erection on the 171-meter Monna Lisa, with outfitting completion, systems commissioning and trials next on the […]

Transocean rig spins the drill bit at TotalEnergies’ UK prospect

29 March 2023

Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

TotalEnergies has started drilling a prospect off the coast of the United Kingdom (UK), using one of Transocean’s semi-submersible rigs.

USA: Henderson Harbor Dredging Kicks Off

8 May 2012

State Senator Patty Ritchie announced that dredging has begun at what is commonly known as “the cut,” a small channel connecting Lake Ontario and Henderson Harbor. Senator Ritchie was able to secure $60,000 in this year’s state budget to help cover the cost of the project. “The hunting and fishing industries have a $1.5 billion […]

Minister: New Appointment for VRCA (Australia)

25 October 2012

Minister for Ports Denis Napthine, today announced the appointment of Peter Dorling to the Board of the Victorian Regional Channels Authority (VRCA). Dr Napthine said Mr Dorling will join current Chair Ken Jarvis and Deputy Chair Merran Kelsall, and will be a valuable asset for the VRCA as it continues its task of managing Victoria’s […]

Saab Seaeye breaks personal record as Ocean Infinity orders 10 eWROVs

15 November 2021

Business & Finance, Business Developments & Projects, Equipment, Innovation, Technology

Saab Seaeye has signed a contract with launch customer Ocean Infinity for ten of its new electric work remotely operated vehicles (eWROVs).

Cairn Energy plans to change its name

4 November 2021

Business & Finance, Business Developments & Projects, Outlook & Strategy

Oil and gas company Cairn Energy has revealed plans to change its company name effective from 13 December 2021.

Team Tankers International Shakes Up Fleet

26 February 2016

Business & Finance

Tanker owner Team Tankers International Ltd. has engaged in considerable reshuffling of its fleet with a dozen of vessel transactions carried out since November. The most recent ones saw Team Tankers sell the 20,000 dwt stainless steel ship the North Fighter, and agreeing to sell two 3,500 dwt stainless steel ships, the Sichem Colibri and […]

Australian Greens: Big Four Customers Should Walk to Save Great Barrier Reef

2 May 2013

The Australian Greens are backing a call on Australians to use their customer power to shift the big banks investment decisions, which are contributing to the destruction of the Great Barrier Reef. The report released today, Financing Reef Destruction: How Banks are using our Money to Destroy a Natural Icon, by Market Forces and 350.org, […]

QRC Welcomes Opportunity for Onshore Disposal

9 September 2014

Business & Finance, Project & Tenders

The peak representative body for the Queensland resources sector has welcomed the decision by the Queensland Government to take advantage of a previously unavailable opportunity for onshore dredge material disposal at Abbot Point. Queensland Resources Council Chief Executive Michael Roche said industry support for the decision to pursue this land-based disposal option clearly demonstrated industry’s […]

BHGE Opens Montrose Subsea Centre of Excellence

19 June 2019

Operations & Maintenance, Research & Development

Baker Hughes, a GE company, has opened its transformed Centre of Excellence (CoE) in Montrose at an inauguration ceremony with Minister for Energy, Paul Wheelhouse. The CoE will deliver engineering, manufacturing, test and assembly and services to advance deepwater technology for customers. The expansion represents a £31 million investment by BHGE and supported by a […]

Offshore Wind Leads Way of Renewable Energy in UK

23 May 2011

Offshore wind will be the key driver for growth in renewable energy, but skills shortages and lack of investment threaten to stop the sector in its tracks, according to a panel of high-level energy sector experts including Shadow Energy Minister, Huw Irranca-Davies, and chairman of the Environment Agency, Lord Smith. The panel, which also included […]

Offshore Wind Leads Way of Renewable Energy in UK

23 May 2011

Offshore wind will be the key driver for growth in renewable energy, but skills shortages and lack of investment threaten to stop the sector in its tracks, according to a panel of high-level energy sector experts including Shadow Energy Minister, Huw Irranca-Davies, and chairman of the Environment Agency, Lord Smith. The panel, which also included […]

EU NAVFOR, Combined Task Force 151 Work Together

22 November 2012

Romanian frigate ROS Regele Ferdinand, under command of the EU Naval Force (EU NAVFOR), yesterday, worked in close co-operation with Turkish warship TCG Gemlik of Combined Task Force 151 (CTF-151) to apprehended nine suspected pirates at sea off the coast of Somalia. In the early hours of the morning, Swedish EU NAVFOR Maritime Patrol Aircraft […]

US researchers study waves and tides off east and west coasts

1 June 2017

Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

The National Renewable Energy Laboratory (NREL) has started recording wave and tide movements off Oregon and Maine to collect data that will support the development of marine and hydrokinetic (MHK) industry in the United States.

UPDATE: Recovered Oil Slick Sample Not Related to MH370

18 April 2014

Preliminary analysis of the oil slick sample collected by the Australian Defence Vessel (ADV) Ocean Shield on Sunday has confirmed that it is not aircraft engine oil or hydraulic fluid, Australian Joint Agency Coordination Centre (JACC) said on Thursday. The sample arrived in Perth yesterday where it was tested and analyzed. Additionally, Phoenix International, with […]

Brazil: Schahin Group Receives USD 692 Million Loan for New Deepwater Drillship

19 December 2011

Business & Finance

In one of the most significant cross-border financings involving Brazil’s offshore energy sector this year, Milbank, Tweed, Hadley & McCloy LLP has represented a consortium of major international lenders providing a US$692 million debt facility for the purchase of the Black Diamond I deepwater drillship by Schahin Group. The Brazilian energy and construction conglomerate is […]

GKinetic Energy appoints former GE Hydro executive to its board

14 November 2023

Business & Finance, Business Developments & Projects, Outlook & Strategy

Irish hydrokinetic turbine developer GKinetic Energy has appointed Fergus Brady to its board as projects and partnerships development advisor.

Geotechnical survey for Southern North Sea gas project scheduled for July

13 June 2023

Business Developments & Projects, Outlook & Strategy, Project & Tenders

Oil and gas services provider Hartshead Resources NL (HHR) has awarded Geoquip Marine Operations with a contract to perform a geotechnical survey for field developments located in the Southern North Sea. Following a competitive tender and evaluation process, Geoquip has been appointed to deliver a geotechnical survey across the Anning and Somerville fields and pipeline […]

U.S. Navy’s Newest Resupply Ship USNS Cesar Chavez Launched at NASSCO

7 May 2012

General Dynamics NASSCO shipyard on Sunday May 6th, launched the U.S. Navy’s newest resupply ship, USNS Cesar Chavez (T-AKE 14). The ship is named in honor of Cesar Estrada Chavez, the labor leader who founded the National Farm Workers Association (NFWA). The Saturday evening ceremony took place at the NASSCO shipyard. Juan M. Garcia III, […]

Petrobras challenges Vantage drillship case ruling

4 July 2018

Exploration & Production

Brazil’s Petrobras will challenge an arbitration decision administered by the International Centre for Dispute Resolution this week obliging the company to pay $622 million in damages to Vantage Drilling.

Ocean Rig lands contract extensions for two drillships

20 October 2014

Business & Finance, Exploration & Production

Ocean Rig UDW Inc. has been awarded extensions of the drilling contracts for its two ultra deepwater drillships, the Ocean Rig Corcovado and the Ocean Rig Mykonos, by Petrobras. The drillships will be used for drilling offshore Brazil. The term of each extension is for 1,095 days with a total combined revenue backlog of over […]