Business & Finance

Delmar Systems new owner of Vryhof
Mooring and subsea specialist Delmar Systems has announced the acquisition of Vryhof, consisting of Deep Sea Mooring and Vryhof Anchors.

BHP sells stake in deepwater Gulf of Mexico field to EnVen
BHP has completed a transaction with EnVen Energy to transfer its ownership interest and operatorship of the Neptune field.

Total awards North Sea supply deal to 80:20
A unit of international logistics company Peterson has won a contract from French oil major Total for the supply of general consumables and ad-hoc material supply.

In focus: Industries take new emissions-free steps as IEA maps net-zero path
Several new energy transition developments in the offshore energy and maritime sectors have made headlines this week, contributing to the global 2050 net-zero targets and – at least to some extent – to the ambitious path that International Energy Agency (IEA) mapped in its latest report. Climate ple

BASF and RWE plan to build 2 GW, subsidy-free wind farm offshore Germany
Chemicals giant BASF and RWE have presented a project to build a 2 GW offshore wind farm that would power BASF’s chemical site in Ludwigshafen, Germany, and enable CO2-free production of hydrogen. No public subsidies would be needed for the construction of the wind farm, which is already in the plan

BW Ideol to bid in French floating wind tender
BW Ideol has entered into an agreement with an unnamed partner with whom it will bid to build a floating wind farm in France. According to the company, BW Ideol formalised a partnership with “an undisclosed leading utility” during the first quarter of this year. The partners will submit a joint bid

Bahamas Petroleum decides to change name
London-listed oil company Bahamas Petroleum Corporation (BPC) has informed that it would continue operating under a new name.

Israel orders Chevron to restart Tamar gas field
Israel’s energy ministry has ordered Chevron to restart output at the Tamar offshore gas field nine days after it was shut down.

NV5 acquires Geodynamics
The U.S. NV5 Geospatial has acquired the Newport-based Geodynamics, expanding its deepwater and nearshore survey offerings. The acquisition will see the combination of Geodynamics’ full-ocean depth sonar-based hydrographic and geophysical surveying with NV5 Geospatial’s topographic and bathymetric c

Norwegian unions and offshore drillers going to mediation as wage talks fail
Three Norwegian unions broke off negotiations with the Norwegian Shipowners’ Association and will be heading to mediation.

Finder Energy buys two more UK North Sea licences
Finder Energy has completed the acquisition of two highly prospective UK North Sea operated licences, P2502 and P2524, from Azinor.

Basques open marine renewables demonstration call
The Basque energy agency Ente Vasco de la Energía (EVE) has launched a call for marine renewable energy demonstration projects that will be funded under the state aid program for renewable energy development.

SCF’s Green Funnel project hits 150th LNG fuelling milestone
Russia’s largest shipping company Sovcomflot (SCF Group) has performed a landmark 150th marine LNG fuelling operation for Green Funnel Aframax tankers with its partner, Hague-based oil and LNG major Shell.

WIND opens third Dutch cable storage facility
Dutch cable logistics company WIND has opened a new cable storage facility in Eemshaven, the Netherlands. The new facility is situated at the Sealane terminal in the Emmahaven, and provides open-air and warehouse storage space. According to WIND, the Eemshaven facility will be an extension of its ca