Business & Finance
Baker Hughes to become net-zero company by 2050
Oilfield services major Baker Hughes has announced the release of its 2020 Report on Corporate Responsibility which outlines its corporate strategy for a sustainable energy future.
Aker Solutions and AF Gruppen to form decom and recycling player
Aker Solutions and AF Gruppen will merge the two companies’ existing offshore decommissioning operations into a 50/50 owned company.
Suntrace and Innosea team up for Maldives floating solar project
Innosea has been appointed to a consortium led by Suntrace, tasked with the development and tender support of a marine floating solar photovoltaics project (FPV) in the Maldives.
Inpex hires Floatel unit for Ichthys work
Offshore accommodation services provider Floatel International has won a contract by Inpex for operations on the Ichthys field in Australia.
Contractor pipeline to double as FPSO market is booming, Rystad says
Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020, Rystad Energy says.
Another year added to Vantage rig contract
Vantage Drilling has secured an additional year of contract for a jack-up unit while two other jack-up rigs have started their gigs.
Viridis Bulk Carriers gains backing from five cargo owners
Ammonia-powered shipping startup Viridis Bulk Carriers has signed MoU’s with cargo owners Elkem, Vestkorn, BioMar, Franzefoss Minerals, and Saltimport to develop a zero-emission freight network. In addition to further developing the ship technology platform, the partnership will explore a zero-emiss
KSOE reveals new 10-vessel order
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won several contracts with overseas companies for the construction of 10 ships.
TSC Subsea settles in Brazil, plans Latin America expansion
NDT inspections specialist TSC Subsea has opened a new base in Rio de Janeiro as part of its plans to expand across Brazil and further into Latin America. TSC Subsea had so far supported Brazil remotely but decided to open a permanent base in response to increased operations. The company, which has
Petrofac bags $17 million job with Ithaca Energy
Petrofac, an international service provider to the energy industry, has been awarded a two-and-a-half-year project with Ithaca Energy.
Petrobras gets offers for Golfinho from BW Energy, DBO Energia
Norway’s BW Energy and Brazil’s DBO Energia have reportedly submitted binding offers for Petrobras’ Golfinho offshore oilfields.
TechnipFMC wins EPCI contract for Kristin Sør field
TechnipFMC has secured an engineering, procurement, construction and installation (EPCI) contract by Equinor for the Kristin Sør field in the North Sea. TechnipFMC will supply rigid pipelines, static and dynamic umbilicals, as well as pipeline and marine installation of the subsea production facilit
Maersk seals deal for world’s 1st containership fueled by carbon-neutral methanol
Container shipping heavyweight Maersk has signed a shipbuilding contract with Hyundai Mipo Dockyard for the construction of a feeder vessel with a dual-engine technology enabling it to sail on either methanol or traditional very low sulphur fuel. The announcement comes weeks after Offshore Energy –
Lundin preparing for North Sea appraisal well
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Lundin Energy Norway for a well in the North Sea off Norway.