Business Developments & Projects
Shearwater soon to begin multicomponent surveys for Santos
Shearwater GeoServices is set to commence two multicomponent surveys offshore Western Australia in February as part of a recent contract secured with Santos. The two-month program covers the Keraudren North Extension with an area of approximately 680 km2 in the Bedout Basin, and the Petrel Sub-Basin
Green Marine welcomes Fincantieri’s U.S. shipyards
Fincantieri’s U.S. subsidiary Fincantieri Marine Group (FMG) has joined Green Marine, a voluntary environmental certification program for North America’s maritime industry.
Elogen to massify production for Europe’s hydrogen projects
The French tech company for PEM electrolysis Elogen has taken a key step in the massification of its production, as a key player in the green hydrogen sector in France and Europe.
Boost for Wider, Deeper, Safer Norfolk
Office of the Assistant Secretary of the Army for Civil Works announced last week the work plans for two recently enacted laws – the Infrastructure Investment and Jobs Act; and the 2022 Disaster Relief Supplemental Appropriations Act. These will provide the USACE Norfolk District with an additional
Hess increases budget with majority going to Guyana & Bakken again
Hess Corporation has revealed that its Exploration & Production capital and exploratory budget for 2022 will amount to $2.6 billion.
UK pours £31.6 million into floating wind demo projects
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded £31.6 million (approximately €37.7 million) in grant funding to eleven projects through the Floating Offshore Wind (FOW) Demonstration Programme. With an aim of reducing costs as well as increasing the rate of deployme
Port of Blyth bolsters decarbonisation strategy with new electric crane
In pursuit of decarbonisation, Port of Blyth has made a multi-million-pound purchase to acquire its first fully electric crane from Finnish manufacturer Konecranes.
IOG awaits survey data for clarity on next steps for delayed North Sea well
IOG is considering potential solutions to resume drilling ops in the UK North Sea while a timeline is expected after seabed survey analysis.
U.S. ocean observing prize competitors get more time and money for innovations
The 2022 Powering the Blue Economy: Ocean Observing Prize competitors have been granted additional support to develop innovations for the integration of marine renewable energy with ocean observation platforms.
First Hanse Eco coastal ship delivered to RHAS
Germany’s shipping company Rhenus-Arkon-Shipinvest (RHAS) has taken delivery of the first ship in a new Hanse Eco class of coastal ships.
N-Sea charters Dutch hybrid survey and ROV support vessel
N-Sea Group has signed a long-term vessel agreement with Geo Plus for the advanced DP1 hybrid survey and ROV support vessel Geo Focus. N-Sea said the move comes as it had taken significant steps through a plan of growth by creating an environment for future investments, strategic partnerships, and l
SBM Offshore sells stake in Brazil-bound FPSO to Japanese duo
SBM Offshore has sold a minority stake in Almirante Tamandaré, an FPSO which is currently under construction to two Japanese companies.
Pacific Basin optimising entire fleet with port time management platform
Pacific Basin, a dry bulk shipping company, has decided to utilise the PortLog solution, known as the world’s first port time management platform, to its entire fleet in order to reduce emission and the risk and costs related to time spent in ports.
Hibiscus expects threefold increase in o&g output due to Repsol deal
Malaysia’s Hibiscus Petroleum has completed the acquisition of Repsol’s E&P assets in Malaysia and Vietnam.