Business & Finance
Diving ops at Kinsale set to start next month
PSE Kinsale Energ is now preparing for decommissioning of subsea infrastructure at Kinsale fields, located offshore Ireland.
GCube Insurance: Offshore wind needs to mitigate supply chain risks
While offshore wind has performed strongly during the pandemic, continuing with next to no business interruption, the sector still faces some significant supply chain risks. This is according to an insurance company specialising in renewable energy, one of few businesses with the capability to compr
Chinese semi-sub becomes the world’s first rig to get DNV’s Smart notation
A semi-submersible drilling rig from CMHI has become the world’s first offshore unit to receive DNV’s Smart notation compliance certificate.
Court overturns previous ruling in Prosafe-Westcon case
A court of appeal has reversed a decision of a district court in Norway in a case between Prosafe and Westcon.
Mitsui, Hokutaku set up offshore wind inspection and maintenance joint venture
Mitsui and Hokutaku have established Horizon Ocean Management (HOM), a joint venture company providing inspection and maintenance services to the offshore wind sector. The new company brings together wind turbine maintenance expertise developed by Hokutaku and the Mitsui Group, and Mitsui’s customer
Worley and MMA lock in on Asia Pacific offshore wind market
Australian companies Worley and MMA Offshore have signed a Memorandum of Understanding to jointly provide integrated services to the offshore wind market in Taiwan and the broader Asia Pacific region. Under the arrangement, Worley will provide turnkey operations and maintenance services and MMA will
Worley to conduct EPC services on CNOOC’s UK North Sea assets
Australian engineering company Worley has been awarded a two-year contract extension to provide engineering, procurement, and construction (EPC) services to CNOOC Petroleum Europe’s three operated assets in the North Sea.
Welltec lands three-year deal with Petronas
Welltec, a technology solutions provider for the energy industry, has been awarded an exclusive three-year contract by Petronas.
Subsea industry specialist takes helm of Decom North Sea
Decom North Sea (DNS), a membership organisation dedicated to the oil and gas decommissioning sector, has appointed Fraser Moonie as its chief executive officer.
Total postpones further drilling offshore South Africa
French oil major Total has decided to postpone its application for additional drilling in Block 11B/12B offshore South Africa.
AG&P contract backlog hits $770 mln
Atlantic Gulf & Pacific Company (AG&P) and its units are entering the second quarter of 2021 with a record of contracted projects totaling over US$770 million.
Flex LNG charters quartet to Cheniere
Flex LNG, a pure-play LNG carrier company has entered into time charter party agreements with Cheniere for four LNG carriers.
South Korea backs Ingine’s wave energy scheme in Indonesia
South Korea-based wave energy developer Ingine has been selected to receive financial support from the Korea Environmental Industry & Technology Institute (KEITI) for 10MW wave energy project planned for Indonesia.
Disappointed ExxonMobil forced to curb output on Guyana FPSO
ExxonMobil has revealed its disappointment with the performance of the Liza Destiny FPSO following issues with a gas compressor.