Business & Finance
TechnipFMC lands Petrobras’ subsea job offshore Brazil
TechnipFMC has secured a subsea contract from Petrobras for the supply of manifolds for the Marlim and Voador fields, located offshore Brazil.
Eidesvik’s Acergy Viking becoming eco-friendly
Eidesvik Offshore is set to upgrade its service operation vessel (SOV) Acergy Viking as part of the company’s ambition to reduce its fleet emissions by 50% by 2030. Acergy Viking will be updated with a battery pack and hybrid propulsion solution, which is expected to bring to a reduction of diesel c
Spirit Energy extends the life of North Sea gas field
The Spirit Energy-owned York gas field located has been given another three years of life following a successful life extension project.
Maersk Drilling adds another Aker BP well to backlog
Offshore rig owner Maersk Drilling has secured an additional one-well contract for the low-emission rig Maersk Integrator with Aker BP.
Poseidon Principles loan portfolio exceeds $185 billion
With the international banking group Standard Chartered becoming a signatory to the Poseidon Principles, the global shipping loan portfolio of the member banks has surpassed the $ 185 billion mark. This represents around 50 percent of all shipping finance globally, making the Poseidon Principles ini
Eurazeo launches €300M maritime fund to boost decarbonization
French investment company Eurazeo is launching a sustainable maritime infrastructure thematic fund to finance more environmentally friendly infrastructure and technologies in the maritime sector that support the transition to a low carbon economy.
Karoon hires Maersk rig for well intervention in Brazil
Maersk Drilling has been awarded a contract with Karoon to perform well intervention at the Baúna field offshore Brazil.
Equinor halves the number of serious safety incidents
Equinor has more than halved the number of serious safety incidents in the company in 1Q of 2021 compared to the same period of 2020.
Aker BP cleared to use Odfjell rig for Skarv wells
Norway’s safety watchdog has given its consent to Aker BP to use the Deepsea Stavanger rig for the Skarv field wells.
Greenlink names construction chief
Greenlink Interconnector has appointed Paul O’Rourke as construction director for the 500MW subsea link that will connect the grids in Ireland and the UK.
Keppel confirms talks to build Buzios FPSO for Petrobras
Keppel Corporation has confirmed it is in talks with Petrobras for a contract to build an FPSO for the Buzios field offshore Brazil.
Billionaire aims for South Africa prize as Azinam closes farm-out
Azinam Limited and Panoro Energy have received governmental approval and closed the previously announced farm-out agreement on Block 2B offshore South Africa with Africa Energy.
Buffalo partners to fast-track field development
Australia’s Carnarvon Petroleum has completed the farm-out of the Buffalo project, located offshore Timor-Leste, to Advance Energy.
Solstad secures long-term vessel job in North Sea
Norwegian offshore vessel owner Solstad Offshore has signed a contract with TAQA Bratani for the platform supply vessel Sea Flyer.