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Business Developments & Projects

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DOF sells four PSVs, buys two newbuild CSVs to further optimize fleet
Business Developments & Projects

DOF sells four PSVs, buys two newbuild CSVs to further optimize fleet

Norway’s DOF Group is selling four platform supply vessels (PSVs) and buying two construction support vessels (CSVs) as part of further fleet optimization and high-grading strategy. The PSVs Skandi Mongstad (2008-built), Skandi Flora (2009), Skandi Feistein (2011) and Skandi Kvitsøy (2012) are expec

about 3 months ago
Transocean Enabler rig at sea
Business Developments & Projects

Fresh black gold discovery emerges as tie-back candidate for Norway’s flagship Barents Sea oil hub

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Norway’s state-owned energy giant Equinor has made a new oil find on the Norwegian Continental Shelf (NCS), putting on the table a potential tie-back to the country’s largest oil development ever brought on stream in the Barents Sea.

about 3 months ago
Dutch ocean current prototype wraps up open-water testing
Business Developments & Projects

Dutch ocean current prototype wraps up open-water testing

Dutch Equinox Ocean Turbines (EQOT) has completed open-water testing of its ocean current prototype, collecting data used to de-risk and advance the technology toward commercial deployment. The open-water testing of the Mobula 5 1:10 prototype began in Friesland, the Netherlands, earlier this month,

about 3 months ago
Labin rig; Source: INA
Business Developments & Projects

First of five wells in €65 million North Adriatic drilling campaign yields more gas

Zagreb-headquartered INA Group, a member of the MOL Group, has found gas at the first well in its multi-well drilling campaign on its North Adriatic gas field off the coast of Croatia.

about 3 months ago
Ramform Tethys
Business Developments & Projects

TGS gets the ball rolling across three continents

Some ten days after the announcement of a strategic collaboration agreement with Allton for accelerating the deployment of innovative deepwater ocean-bottom node (OBN) technology, Norwegian energy data and intelligence company TGS has reported updates from three countries, namely Norway, Ghana and C

about 3 months ago
Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Business Developments & Projects

Chevron’s Cypriot gas project edges closer toward binding supply deal with Egypt

Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have made inroads in securing a binding agreement for the sale of gas to Egypt from an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Medite

about 3 months ago
Sea1’s first offshore energy support vessel launches at Chinese yard
Business Developments & Projects

Sea1’s first offshore energy support vessel launches at Chinese yard

The first of four 120-meter-long offshore energy support vessels (OESVs) being built in China for Norwegian offshore services provider Sea1 Offshore has been launched at the yard. Sea1 Offshore placed the order for the first two OESVs with Cosco Shipping in November 2024, revealing at the time that

about 3 months ago
Tyra II; Source: TotalEnergies
Business Developments & Projects

Vår Energi-BlueNord merger forging Europe’s new independent oil & gas producer

Norwegian oil and gas player Vår Energi has sealed a business combination deal with BlueNord, breathing life into what is described as the largest independent producer of oil and gas in Europe.

about 3 months ago
Geophysical survey to begin along potential export cable corridor for Bellrock floating wind farm
Business Developments & Projects

Geophysical survey to begin along potential export cable corridor for Bellrock floating wind farm

XOCEAN is set to begin a geophysical survey of a potential offshore export cable corridor for the proposed Bellrock floating offshore wind farm in Scotland. According to a Notice to Mariners, the survey campaign is scheduled to commence no earlier than July 26 and is expected to take around 60 days

about 3 months ago
Bureau Veritas approves UK firm’s wind-assisted propulsion technology
Business Developments & Projects

Bureau Veritas approves UK firm’s wind-assisted propulsion technology

UK-based wind-assisted propulsion provider Anemoi Marine Technologies has secured design assessment certificates from classification society Bureau Veritas covering several versions of its Rotor Sail technology. The approvals cover the fixed and rail-deployed 3.5m x 24.5m Rotor Sails, including EX-r

about 3 months ago
DNV awards world’s first certification for wave energy technology
Business Developments & Projects

DNV awards world’s first certification for wave energy technology

Independent assurance and certification body DNV has awarded what is said to be the world’s first prototype certificate for a wave energy converter (WEC). CorPower Ocean’s C4 WEC has been certified under DNV-SE-0120, Certification of Wave Energy Converters and Arrays, following independent verificat

about 3 months ago
Shelf Drilling Fortress departing Invergordon
Business Developments & Projects

ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters

ADES Holding Company, an oil and gas drilling services provider that is part of Saudi Arabia-headquartered ADES Group, has landed new multimillion-dollar assignments for two jack-up rigs in Africa and Europe.

about 3 months ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business Developments & Projects

Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year

Odfjell Drilling, a 53-year-old offshore drilling player, has won a contract extension with Norway’s oil and gas player Aker BP for a 2019-built semi-submersible rig, which is working on the Norwegian Continental Shelf (NCS).

about 3 months ago
Novatek changes its management board composition
Business Developments & Projects

101 European lawmakers urge Danish shipyard to cut its ties with Russia’s Arctic LNG fleet

A cross-party coalition from 16 countries across Europe has called on the last shipyard in the European Union (EU) still servicing the specialized ice-class Arc7 tankers that are perceived to be vital to transporting Russia’s Arctic liquefied natural gas (LNG) exports to end its maintenance of these

about 3 months ago