Business Developments & Projects
Well-Safe selects helicopter operator for North Sea ops
Offshore Helicopter Services UK Limited has secured a new contract with Well-Safe Solutions for operations off the UK.
Stamp of approval for Equinor to use Floatel’s unit in North Sea
Norway’s PSA has given Equinor consent to use one of Floatel’s semi-subs as a mobile accommodation facility at a North Sea field off Norway.
The time has come for Heerema to remove four North Sea platforms
Petrogas E&P Netherlands has awarded Heerema Marine Contractors an integrated decommissioning contract for multiple North Sea oil platforms.
Kongsberg Maritime to supply future-proof thrusters for new tugs
Norwegian marine technology firm Kongsberg Maritime has signed a contract with Turkish Sanmar Shipyards to deliver 20 future-proof thruster units for installation on new Azimuth Stern Drive (ASD) tugboats.
Fugro joins project to advance geo-data science skills
Fugro has partnered up with the University of Houston (UH) and its four partnering universities on a collaborative project to advance geo-data science skills in the energy sector. The Data Science for the Energy Transition project, funded through a three-year grant with the National Science Foundati
Norbit scores Guardpoint subsea surveillance sonar order
Norbit Subsea, a part of Norwegian technology group Norbit, has received an order from an undisclosed customer for the delivery of several surveillance sonar systems.
Ashtead reinforces rental fleet with Innova multiplexers
As part of its rental fleet reinforcement, subsea technology specialist Ashtead Technology has invested in stand-alone fibre optic multiplexer and control solutions from Innova.
Shell ditches Royal Dutch from its name
Shell has officially changed its name to Shell plc, after deciding to simplify its share structure and remove the Royal designation.
Vår Energi launching Oslo IPO to maximise growth
Vår Energi is launching a process for an IPO and listing of shares on Oslo Børs in a bid to optimise value creation, seeking future growth.
Government says no to UK-France interconnector
The development consent for the proposed AQUIND interconnector, a 2GW subsea and underground high voltage direct current (HVDC) power transmission project between France and the UK, has been refused.
BW Offshore gets rid of FPSO to transition to floating energy investments
BW Offshore has decided to sell one of its FPSO vessels as part of its strategy to transition to floating energy infrastructure investments.
DeepOcean places major ROV camera order
DeepOcean has placed an order with Norway’s Imenco for 96 underwater cameras for its entire fleet of remotely operated vehicles (ROVs). The contract, which is Imenco’s largest single contract to date in the underwater camera market, will see DeepOcean mount all the cameras on its ROVs over the next
Dynagas LNG declares cash distribution on preferred units
Dynagas LNG Partners, a partnership formed by Greek shipping company Dynagas, has declared a cash distribution of $0.5625 per unit on its Series A Preferred Units.
Top Ships welcomes Julius Caesar VLCC, offloads 2 MRs
Greek ship owner and operator Top Ships has taken delivery of Julius Caesar, a scrubber-fitted 300,000 dwt very large crude carrier (VLCC), and reached several deals to finance its newbuilding program.