Business & Finance
Windcat Workboats changing hands
SEACOR Marine has entered into an agreement with Compagnie Maritime Belge (CMB) to sell its wholly-owned subsidiary Windcat Workboats and its crew transfer vessel (CTV) business. As consideration for the sale, at the closing of the transaction, CMB will pay SEACOR Marine £32.8 million, and assume th
Vantage jack-up scores new job off E. Guinea
Offshore drilling contractor Vantage Drilling has been awarded a contract for one of its jack-up drilling rigs by Trident Energy.
Shearwater GeoServices signs $437M debt refinancing
Shearwater GeoServices has signed new debt and guarantee facilities totalling $437 million, as part of the planned refinancing of the company’s maturing debt.
Equinor cleared to use Odfjell rig in North Sea
Equinor has received consent from the country’s offshore safety watchdog to use the Deepsea Atlantic rig on a well in the North Sea off Norway.
Port of Corpus Christi joins SEA-LNG coalition
The Port of Corpus Christi, the largest port in the United States by total revenue tonnage, has joined the multi-sector industry coalition SEA-LNG.
Wintershall Dea extends Odfjell deal by four years
Wintershall Dea has exercised two options in a platform drilling services contract with Odfjell Drilling on the Brage platform off Norway.
CIP invests in 250 MW floating wind farm in Italy
Copenhagen Infrastructure Partners (CIP) has invested in the development company 7 Seas Med, which has been developing a 250 MW floating wind project off the coast of Italy, in the Sicily Strait. CIP, Nice Technology and 7 Seas Wind Power have joined forces to develop the wind farm, for which 7 Seas
Carnegie rolls in refund cash
Carnegie Clean Energy has received a Research and Development Tax Incentive cash rebate from the Australian Tax Office of over Au$660,000 (€410,000).
Trio wraps up joint development projects for LNG bunkering
Classification and technical advisory body ABS, Sembcorp Marine and A*STAR’s Institute of High-Performance Computing (IHPC) have completed joint development projects in LNG bunkering and the use of LNG as a marine fuel.
BP and Reliance produce first gas from ultra-deepwater field off India
BP and India’s Reliance Industries have started production from the R Cluster, an ultra-deepwater gas field in block KG D6 off the east coast of India.
Iberdrola enters Polish offshore wind market
Iberdrola has reached an agreement to acquire a 50% stake in Sea Wind, marking the company’s entry into the Polish offshore wind market. Sea Wind is said to have a seven-project pipeline in the early stages of development that has a potential capacity of up to 7.3 GW. According to Iberdrola, Sea Win
Wind Orca getting new crane from NOV
Cadeler, formerly known as Swire Blue Ocean (SBO), has contracted NOV to replace the crane on its jack-up vessel Wind Orca. The contract also includes the option for NOV to replace the crane on the jack-up vessel Wind Osprey. Replacement of the crane on Wind Orca is expected to begin in October 2023
Odfjell rig adds two more Equinor wells to backlog
Offshore drilling contractor Odfjell Drilling has secured more work for its Deepsea Atlantic drilling rig with Equinor for operations in Norway.
OKEA takes over North Sea oil discovery from Repsol
OKEA has signed an agreement with Repsol for the acquisition of Repsol’s 40 per cent interest in PL 972, which includes the Vette oil discovery.