Business & Finance
Oil giant BP announces offshore wind bid in Norway
British oil and gas major BP is joining the recently established consortium between Statkraft and Aker Offshore Wind, which is preparing a bid to build an offshore wind farm in Norway. The consortium will propose to develop an offshore wind project in the Sørlige Nordsjø II (SN2) area, with a plan t
Dive Technologies to deliver custom-made AUV for Kraken Robotics
Dive Technologies has formally extended partnership with Kraken Robotics to build a commercial autonomous underwater vehicle (AUV) for deep subsea cable and infrastructure inspections and geophysical surveys.
Turkey mulls cooperation with Chevron, ExxonMobil on Black Sea find
Turkish authorities have shared data on its Black Sea discovery with a duo of U.S. energy majors with possible gas extraction cooperation in mind.
Equinor makes minor oil discovery in North Sea
Norwegian oil and gas company Equinor has made a minor oil discovery near the Visund field in the North Sea offshore Norway.
Hibernia contract renewal for Wood
HMDC has renewed a contract with Wood to provide engineering, procurement, and construction solutions and maintenance to the Hibernia.
In focus: Challenge accepted by oil major while Norway answers offshore wind calls
As the energy transition is unravelling, the industry is paving the way to net-zero by pushing for further emission cuts and new fuels and vessels.
Petrobras orders $2.3 billion FPSO from Saipem and Korea’s DSME
Petrobras has signed a contract with the joint venture formed by Saipem and DSME in the amount of $2.3 billion for the supply of P-79 FPSO.
Lancaster issues swell for Hurricane as well trips and shuts down
In addition to facing a wind-down and a wind-up of its Lancaster field, Hurricane Energy has experienced further issues on its field.
James Fisher expands decommissioning capability with new acquisition
James Fisher and Sons has acquired engineering solutions and consultancy firm Subsea Engenuity, extending its current decommissioning capability under James Fisher Offshore (JFO). James Fisher stated that the addition of this innovative technology enhances JFO’s capability by enabling full subsea de
Seacor Marine enters agreement to pay off debt
U.S. offshore support vessel provider Seacor Marine has entered into a second amendment and conditional payoff agreement with JPMorgan Chase Bank.
Fairfield orders first dual-fuel chemical tanker newbuildings
Chemical tanker service company Fairfield Chemical Carriers (FCC) has penciled a contract with Japan’s Fukuoka Shipbuilding for the construction of two 26,300 dwt dual fuel stainless steel chemical tankers.
Malaysia: Aker Solutions manager charged over ‘misleading’ Petronas
An Aker Solutions manager in Malaysia has been charged due to allegations that he had submitted false documents in dealings with state-owned energy giant Petronas, Reuters reports. The case comes amid investigations by the Malaysian Anti Corruption Commission (MACC) into whether the Norwegian compan
EnQuest inks new $750 million debt facility to finance Golden Eagle deal
EnQuest has signed a new senior secured borrowing base debt facility to enable refinancing and the acquisition of Golden Eagle.
Standard Drilling sheds platform supply vessel
Cyprus-based offshore vessel operator S.D Standard Drilling has entered into a memorandum of agreement (MOA) to sell one of its platform supply vessels.