Business Developments & Projects
Equinor resumes working with CGG for PRM imaging
CGG has secured a three-year contract extension to continue operating a dedicated 4D permanent reservoir monitoring (PRM) imaging center at Equinor’s Stavanger offices in Norway. Equinor’s asset teams analyze the 4D seismic images delivered by CGG within days of acquisition in order to optimize prod
BV, NAPA to facilitate use of 3D model in class approval process
NAPA, a maritime software, services and data analysis provider, has formed a partnership with the classification society Bureau Veritas (BV) to enhance the use of 3D models in the class approval process.
Orbital Marine seeks tidal turbine data analyst
Scottish tidal energy company Orbital Marine Power is looking to hire an expert in data science and machine learning to assist with the analysis of its tidal turbine data streams.
STR expands geographical reach as new investment comes
The U.S.-headquartered Baird Capital has invested in Subsea Technology & Rentals (STR) to support the UK subsea rental equipment provider in developing its equipment and service offerings. The investment will also enable STR to further expand its geographical reach, with the Americas, mainland Europ
NYK, Knutsen form new company for LCO2 transportation
Japanese shipping major NYK and Norway’s Knutsen Group have established a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business worldwide.
PGS wins seismic acquisition contract for UK CO2 capture and storage project
British oil and gas major BP has contracted Norway’s Petroleum Geo-Services (PGS) to deliver a carbon capture and storage (CCS) 3D seismic acquisition scope over the Endurance reservoir offshore the UK. Seismic acquisition is scheduled to start during April at the site located about 145 kilometers o
GTT scores 2 new LNG carrier tank design orders
French LNG containment specialist GTT has received two new orders, each for the tank design of one new LNG carrier.
Offshore watchdog earmarks funds for better incident follow-up in oil & gas
Norwegian regulator will invest $1.9 million annually in a drive to advance the follow-up of serious incidents in the oil & gas sector.
Aker BP boosts Maersk Drilling’s backlog with $29 million
Offshore rig owner Maersk Drilling and oil company Aker BP have agreed to a rig swap for an extended scope of work offshore Norway.
SSY swallows Anchor Shipbroking to strengthen S&P business
Simpson Spence Young (SSY), the world’s largest independent shipbroker, has decided to acquire Anchor Shipbroking.
Tidal energy sites at Raz Blanchard welcome ADCP kits
Four Acoustic Doppler Current Profilers (ADCPs) have been deployed in tidal energy sites at Raz Blanchard, an eight-mile strait that runs between Alderney and La Hague in France, as part of the TIGER project.
Port of Hamburg readies for automated drones
HHLA Sky, a subsidiary of port and transport logistics company Hamburger Hafen und Logistik AG (HHLA), and the Hamburg Port Authority (HPA) have entered into a technology partnership.
Two Norwegian players share helicopters in North Sea to cut costs and emissions
Oil and gas company Vår Energi and Equinor have recently started a five-year helicopter-sharing agreement in the North Sea.
ICS, IRENA join hands to speed up green fuel transition
The International Chamber of Shipping (ICS) and the International Renewable Energy Agency (IRENA) have signed a partnership agreement to support the decarbonisation of the shipping sector and its role in the transition towards a global energy sector based on renewables.