Business & Finance
Chariot books Halliburton for well services in Morocco
Chariot has signed a binding letter of intent with Halliburton for services on its Anchois gas appraisal well offshore Morocco.
Rockhopper devoted to unlocking Sea Lion despite Harbour’s plan to exit
Harbour Energy has decided to exit its Sea Lion project in the Falkland Islands but Rockhopper remains committed to unlocking the development.
Shell gauging offshore wind opportunities in Brazil
Following the news that Shell had launched Shell Energy in Brazil, saying that the business would produce and market clean electricity from solar and wind power plants, Offshore Energy – Offshore Wind contacted the company to find out if offshore wind was part of its wind power plans in the country.
Sonardyne receives first order for mini subsea navigator
Acteon’s marine technology specialist Seatronics has placed the first-ever order for Sonardyne’s recently launched SPRINT-Nav Mini Navigator. Seatronics made the purchase of what is said to be the world’s smallest hybrid acoustic-inertial navigation instrument for its Valor remotely operated vehicle
Adani Ports wraps up acquisition of Gangavaram Port
India’s largest private ports and logistics company Adani Ports and Special Economic Zone Ltd (APSEZ) has concluded the acquisition of the Gangavaram Port by buying the remaining 10,4% stake from the Government of Andhra Pradesh (GoAP).
Sandia Labs seeks input on power take-off and mooring lines
The U.S. Sandia National Laboratories is seeking input on power take-off (PTO) and mooring lines for marine energy applications. Sandia is requesting input from researchers and developers to help understand the testing needs around PTO and mooring lines, as well as umbilical cable reliability for ma
Maersk Tankers’ technical management unit has new owner
Synergy Marine Pte. Ltd., a subsidiary of Singapore-based ship manager Synergy Group, has signed an agreement to take over Maersk Tankers’ technical management business.
Norway: August oil output exceeds predictions
Norway’s oil production in August 2021 surpassed the Norwegian Petroleum Directorate’s predictions while the country’s gas output decreased.
Australia-Asia PowerLink gets Indonesian blessing (Video)
The Indonesian Government has confirmed the key facilitation measures for Sun Cable’s Australia-Asia PowerLink (AAPowerLink), bringing the project a step closer to realization. The Indonesian Government has recommended the route of the transmission cables through Indonesian waters, with the Ministry
New Fortress Energy executes $725m shipping term loan facility
U.S.-based gas-to-power developer New Fortress Energy has executed a term loan facility secured by eight of the company’s vessels.
KiwiRail wins world 1st green loan certification for battery-powered ferries
New Zealand state-owned company KiwiRail has secured a $350m loan facility to finance the purchase of two new battery-powered ferries.
Growing demand prompts Ampelmann to add two new gangways in Middle East
Ampelmann announced the mobilisation of two new L-type systems in the Middle East, due to the growing demand for its solutions.
Murphy Oil’s giant FPS King’s Quay reaches Texas
Murphy Oil is on schedule to achieve the first oil from its Gulf of Mexico fields in 1H 2022 as the King’s Quay FPS has reached Texas.
WATCH: Time-lapse of JLS beam installation on Pioneering Spirit vessel
A video of the installation of the jacket lift system beams on Allseas’ giant heavy lift, decommissioning, and construction vessel, the Pioneering Spirit.