Business & Finance
FUELSAVE tech deployed on Seadrill drillship to cut emissions in decarbonisation push
FUELSAVE will deploy its combustion conditioning tech to reduce primary fuel oil consumption and cut emissions following a contract with Seadrill.
Saipem seals floating wind deal
Italy’s Saipem has finalized the closing of the agreement to acquire the floating offshore wind business of France’s Naval Energies. Saipem and Naval Energies, a subsidiary of France’s Naval Group, signed an agreement for the acquisition in early June. The two parties have now communicated that all
More Covid-19 cases identified amid outbreak at Shell’s North Sea hub
The number of positive Covid-19 cases and close contacts on Shell’s Shearwater field in the UK North Sea has increased since last week.
Bow section of sunken Seacor liftboat taken to M.A.R.S.
The bow section of the sunken Seacor Power liftboat was raised to the surface of the water and transported to the M.A.R.S. facility in Huoma.
TotalEnergies and GIP in Gladstone LNG agreement
France’s TotalEnergies has wrapped up a transaction with Global Infrastructure Partners (GIP) regarding the downstream facilities of the Gladstone LNG project in Australia.
WavEC and OceanPixel sign marine energy MoU
WavEC and Singaporean spin-off company OceanPixel have signed a memorandum of understanding (MoU) to encourage knowledge sharing on marine renewable energy technology and projects, amongst others. The aim of the agreement is to seek opportunities related to marine energy development in Europe and So
Kistos awaits Borr rig to kick off Dutch drilling campaign
Kistos is preparing for a drilling campaign in the Netherlands, which will include an appraisal, a flow test, a sidetrack and a re-perforation.
Stena comes to Concordia Maritime’s rescue
Having been faced with financial headwinds, Swedish tanker shipping company Concordia Maritime will receive a helping hand from its parent company Stena.
World’s most compact 6,000 meters rated sonar comes to market
UK’s Impact Subsea has launched what is said to be the world’s most compact 6,000 meters depth-rated imaging sonar. The new addition to the ISS360 range of sonars provides a full 360° field of vision, 80 meters range capability and high-resolution imagery using CHIRP-based signaling, Impact Subsea s
ADNOC, Honeywell, Sasol, Wood join Hydrogen Council
Abu Dhabi National Oil Company (ADNOC), Honeywell, Sasol, and Wood have joined the Hydrogen Council along with ten more companies – two of which are new investors.
Vard to deliver battery tech for Atlantic Towing’s platform supplier
Vard Electro has been awarded a contract for a hybrid battery power system with Atlantic Towing to be integrated on a platform supply vessel.
1st compensation payment made after X-Press Pearl incident
X-Press Feeders, operator of the ill-fated containership X-Press Pearl, through the vessel owner’s P&I insurers, has made an initial payment of $3.6 million to the Sri Lankan government to help compensate those affected by the consequences of the fire and sinking of the vessel.
Petrobras sells producing Papa-Terra field to 3R Offshore
Brazilian national oil company Petrobras has signed a contract with 3R Offshore for the sale of its interests in the producing Papa-Terra, located in the Campos Basin, offshore Brazil.
NEO Energy’s portfolio of assets grows following Zennor takeover
NEO Energy has completed its acquisition of Zennor Petroleum, solidifying its position among the largest oil and gas producers in the UKCS.