Business & Finance

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.

Yara to offer wind-assisted propulsion solutions
Yara Marine Technologies has partnered up with BAR Technologies to design and implement wind-assisted propulsion for the shipping industry. Under the agreement, Yara Marine will offer WindWings in its portfolio to ship owners and manage the value chain of procurement, construction, installation, ser

Kraken Robotics completes 13R buy
Kraken Robotics has acquired Brasilian subsea robotics company 13 Robotics (13R), increasing its autonomous subsea inspection expertise in oil and gas and renewable energy sectors.

Equinor shareholders to vote on energy transition plan
Equinor has informed that, starting in 2021, it will submit its energy transition plan for advisory vote to shareholders.

General officially takes Petrobras chief executive seat
The board of directors of Petrobras has officially confirmed Joaquim Silva e Luna as the company’s new chief executive officer (CEO) and chosen its new division heads.

Terna picks Next Geosolutions for Tyrrhenian Link survey
UK-based geoscience and engineering services provider Next Geosolutions has secured survey work for the western part of the Tyrrhenian Link interconnector.

Awilco rig bags North Sea gig with Ithaca
Offshore rig owner Awilco Drilling has been awarded a contract with Ithaca Oil and Gas Limited for the provision of the WilPhoenix rig.

Cybernetix, Notilo Plus partner up for subsea drone inspections
Cybernetix, a Technip Energies company, has signed a strategic partnership with Notilo Plus for the deployment of subsea drone technologies in the offshore energy industry.

Seaspan issues $300M sustainability-linked bond
Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., said it has priced $300 million in new senior unsecured sustainability-linked bonds in the Nordic bond market.

Cooper hires Helix rig for Gippsland decom campaign
Cooper Energy has hired the Helix Energy Solutions-owned Q7000 light well intervention rig for a decommissioning campaign offshore Australia.

CGX taps $19 million loan from Frontera for Guyana projects
Canadian oil and gas companies Frontera Energy and CGX Energy have entered into a term sheet for a $19 million loan that will enable CGX to continue to finance its share of costs related to the Corentyne, Demerara, and Berbice blocks off Guyana.

Equinor investigating welding defects on Castberg FPSO hull
An in-house investigation team from Equinor has studied the deviation in quality of welding and inspection of the Johan Castberg FPSO.

Hantong inks deal for 10 bulkers with Nisshin
Chinese shipbuilder Jiangsu Hantong Ship Heavy Industry has won an order for the construction of ten 82,000-ton bulk carriers from Japanese shipowner Nisshin Shipping. The bulkers are scheduled for delivered before August 2023. The value of the contract has not been disclosed. This is the fourth bat

Worley lands subsea and topside services job with Chevron
Worley has been awarded a contract by Chevron for one of its deepwater production facilities in the U.S. Gulf of Mexico.