Business & Finance

CMA CGM adds 46 vessels in 2021 in decarbonisation push
French liner major CMA CGM has added 14 new vessels and 32 second-hand vessels to its fleet in 2021 to speed up maritime decarbonisation efforts.

Nearly 94 pct of Gulf of Mexico oil output still offline after Hurricane Ida
While some of the oil production in the U.S. Gulf of Mexico has been brought online after Hurricane Ida, nearly 94 per cent remains offline.

GDG settles in the Netherlands
Irish offshore engineering consultancy Gavin & Doherty Geosolutions (GDG) has opened its first office in the Netherlands, with the aim of expanding its presence in the European offshore wind market. By adding a base in the Netherlands, GDG said it is looking to strengthen its connections with client

Bureau Veritas appoints head of renewable energy for UK
Certification and advisory company Bureau Veritas has appointed Mauricio Pereira to head up its renewable energy division for the UK market.

Appraisal well cuts Aker BP’s resource estimate for North Sea discovery
Norwegian oil and gas company Aker BP has concluded the drilling of an appraisal well on the Liatårnet oil discovery located in the North Sea.

Proserv subsea cable monitoring system gets ScottishPower support
ScottishPower Renewables (SPR) is providing industrial sponsorship for Proserv Controls’ Electro Cable Guard (ECG) disruptive subsea cable condition monitoring system for the offshore wind market. The sponsorship agreement will see SPR provide its expertise and resource both from a cable owner and o

Vaalco says Etame partners approve FSO charter
Vaalco Energy has reported that the Etame co-venturers approved the bareboat contract and operating agreement with World Carrier.

Vattenfall orders Greek cables for Danish offshore wind farms
Hellenic Cables has secured its first contract with Vattenfall under which it will deliver the inter-array cables for the Vesterhav Nord and Vesterhav Syd offshore wind farms in Denmark. The Greek company will design, manufacture, test, and supply approximately 70 kilometers of 66kV XLPE insulated i

New EU-Canada partnership targets ocean tech innovation
The Centre for Ocean Ventures & Entrepreneurship (COVE), GCE Ocean Technology (GCE OT), Subsea Monitoring Network (SMN) and Ocean Innovation Norwegian Catapult Centre have signed a memorandum of understanding (MoU) to collaborate on ocean technology innovation.

First new Tyra topsides installed in North Sea – gallery
Heerema Marine Contractors’ Sleipnir has installed the first new Tyra topsides for TotalEnergies’ project in the Danish North Sea.

MAN to supply subsea compressors offshore Australia
MAN Energy Solutions has secured a contract by Aker Solutions to deliver five subsea compression units for the Chevron-operated Jansz-Io Compression (J-IC) Project offshore Australia. Three Subsea HOFIM compressor units will be installed into the subsea modules, while the remaining two will serve as

Shell takes operatorship in blocks off South Africa
Impact Oil & Gas has completed a farm-out transaction with Shell for interest and operatorship in the Transkei & Algoa offshore South Africa.

Pemex restores oil output suspended after fatal fire
Pemex has restarted production from its Ku-Maloob-Zaap complex off Mexico following a shutdown due to a fatal incident earlier in August.

Concordia Maritime sells IMOIIMAX duo
Swedish tanker shipping company Concordia Maritime has decided to strengthen its liquidity by selling two IMOIIMAX vessels — Stena Image and Stena Important.