Business & Finance

Derazona orders Airbus helicopter for Indonesia’s oil & gas sector
Airbus Helicopters has secured an H160 order from Derazona Helicopters in Indonesia, launching this new rotorcraft in the oil and gas sector.

Strategic Marine unveils next-gen Strat Cat CTV design
Singapore’s shipbuilder Strategic Marine has launched the next-generation Strat Cat crew transfer vessel (CTV) design for the offshore wind market. The SC27 is an evolution of Strat Cat 26 which is said to offer enhanced vessel capabilities with a reduced environmental footprint and hybrid drive opt

Teras Offshore broadens its work scope for Taipower Phase II OWF
Teras Offshore, which was awarded a wind turbine installation contract for the Taipower Offshore Wind Project Phase II in December, will also work on the procurement and installation of wind farm’s other components. The company, a wholly owned subsidiary of Ezion Holdings, will provide project manag

Vaalco names new CEO, opening new London office
The board of directors of Houston-based Vaalco Energy has named a new chief executive officer (CEO) following the departure of the current CEO.

IOG spuds first well in North Sea drilling campaign
Independent Oil and Gas plc (IOG) has started drilling the Elgood development well, 48/22c-H1, located in the UK North Sea.

Equinor gets life extension for North Sea gas hub
Norway’s safety regulator has given Equinor consent for life extensions for the Heimdal platform with associated pipelines and wells.

Turkey spuds fresh Black Sea well with Fatih drillship
Turkey’s national oil and gas company TPAO has started drilling operations at a new well in the Black Sea, using Fatih drillship.

Top dogs of South Korean shipbuilding industry eye carbon neutrality by 2050
The top six South Korean shipbuilding majors have set sights on achieving carbon neutrality in the sector by 2050, thus joining the global decarbonization push. Namely, representatives of Samsung Heavy Industries (SHI), Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries, Hyund

Kraken Robotics outlines plans to acquire subsea services company
Canadian marine technology company Kraken Robotics has entered into a non-binding letter of intent (LOI) to acquire 3D acoustic imaging specialist PanGeo Subsea.

Energean: Croatia base gets all electricity from renewable sources
Energean has informed that its EDINA operative base in Pula, Croatia is supplied with electricity generated 100% from renewable sources.

Chevron shareholders to vote on climate change, emissions targets
Shareholders of U.S. oil supermajor Chevron are set to vote on proposals aiming to require the oil company to reduce the environmental impact of its products and report on climate business risks.

Seatronics bags $1M order for multiple VALOR systems
Acteon’s marine technology specialists Seatronics has received a purchase order from Oceanica for multiple VALOR remotely operated vehicle (ROV) systems worth over $1 million.

OMV taps NorSea for supply base services in Norway
NorSea will provide supply base services to OMV’s operations in the North Sea, the Norwegian Sea, and the Barents Sea.

Ireland to get 1.4 GW floating wind farm, green hub
Irish energy company ESB and Equinor will jointly develop a 1.4 GW Moneypoint floating offshore wind farm off the West Coast of Ireland. The Moneypoint wind farm will be developed off the coast of Counties Clare and Kerry in two phases. Once complete, the wind farm will be capable of powering more t