Business & Finance
Deep Down bags $2 million in new orders
Subsea equipment specialist Deep Down has received material orders from two customers totaling approximately $2 million. The scope of work for these orders includes providing subsea controls equipment. This consist of jumpers, flying leads and also electrical/hydraulic distribution manifold. The com
Legasea set for expansion
Legasea is set to expand into international markets over the next 12 months, following support and advice from Business Gateway. The company is anticipating the growth of its team into 2021, with the addition of up to ten new roles. The business provides an alternative route for recovered subsea pro
Ørsted and Deutsche WindGuard join hands for offshore wind technician training
Deutsche WindGuard and Ørsted have kicked off their cooperation to together provide GWO training for offshore wind technicians. The training starts this week at the safety training center in Norddeich, north Germany. For Deutsche WindGuard this is the second training center in addition to the one in
Petrofac to support CCS and hydrogen project in UK
Petrofac has been awarded an engineering and project management office support contract for the Acorn project.
Wintershall Dea adds more time to Energy Swan PSV charter
Norwegian offshore vessel operator Golden Energy Offshore Services (GEOS) has secured another contract extension for its Energy Swan platform supplier with Wintershall Norge.
Forssea adds GoM sales rep
Forssea Robotics has appointed Shannon Giagnorio and Sottomarine Business Development Solutions as sales representative for the Gulf of Mexico (GOM). Giagnorio is an oil & gas and subsea professional with background within several international companies, including Forum, MacArtney and also Chevron
CHC wins Equinor extension for helicopter services in Norway
CHC Group has been awarded a contract extension by Equinor for both the Tampen/Oseberg and Heidrun contract in Norway by one year.
OPEC+ extends output cuts in push to tighten oil market
OPEC, Russia, and other oil producers agreed to extend their record oil production cuts of 9.7 million barrels per day by another month.
Equinor hands in plans for partial electrification of Sleipner field
Equinor and its partners have made an investment decision to partly electrify the Sleipner field located offshore Norway.
Chrysaor picks APT for Lomond, Armada analyses
North Sea oil and gas operator Chrysaor has contracted Applied Petroleum Technology (APT) to deliver geochemical and petroleum systems analyses on the Armada hub facility and around the Greater Lomond area on the UKCS.
Aker BP orders Hod platform from Kvaerner
Norwegian oil and gas company Aker BP has awarded Kvaerner the contract for delivering the topside and steel substructure for the unmanned wellhead platform at the Hod field.
AW-Energy seeks further growth capital
The Finnish company AW-Energy Oy (AWE) is raising funds to support its first commercial installations of WaveRoller technology in 2021. To that end, AWE has hired Fredericks Michael & Co. to help identify and approach strategic partners, and financial investors. With projects in US, Europe and Asia,
Shell returns platform supplier to Havila ahead of time
The UK entity of oil major Shell has returned a platform supply vessel to Norwegian shipping company Havila Shipping ahead of time.
Keppel rejects Awilco’s contract termination
Keppel has denied and rejected the termination of a rig construction contract by Awilco.