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Business & Finance

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Shearwater GeoServices going to African island under contract with TotalEnergies
Business & Finance

Shearwater GeoServices going to African island under contract with TotalEnergies

France’s energy giant TotalEnergies has awarded Norway’s Shearwater GeoServices with a contract to perform marine seismic acquisition at an offshore block in São Tomé and Príncipe, West Africa, it entered last year. The project is the first under a three-year firm capacity reservation agreement (CRA

about 1 year ago
Chevron-operated Leviathan gas asset; Source: NewMed Energy
Business & Finance

Another gas asset switching back to online mode in the wake of Israel-Iran ceasefire

Chevron has received the green light to restore production from its giant natural gas field off the coast of Israel, as the dust continues to settle over the U.S.-arranged Israel-Iran ceasefire deal in the Middle East.

about 1 year ago
Lake Charles LNG; Source: Energy Transfer
Business & Finance

Chevron staying ahead of LNG game with another 20-year US offtake deal

Chevron has taken steps to secure additional liquefied natural gas (LNG) by inking one more sale and purchase agreement (SPA) with Energy Transfer for the delivery of supplies from an LNG export project being developed on Louisiana’s Gulf Coast.

about 1 year ago
OneSubsea to deliver subsea CO2 injection system for Northern Lights expansion
Business & Finance

OneSubsea to deliver CO2 injection system for Northern Lights expansion

SLB OneSubsea has secured an engineering, procurement and construction (EPC) contract with Norwegian state-owned energy company Equinor for a subsea CO2 injection system destined for the second phase of the Northern Lights CO2 transport and storage project. Northern Lights constitutes the transport,

about 1 year ago
Scots submit marine cable license application for 'crucial component' of large investment program
Business & Finance

Scots submit marine cable license application for ‘crucial component’ of large investment program

After two years of development, offshore surveys and public engagement, Scottish transmission system operator (TSO) SSEN Transmission has submitted a marine cable license application for the Spittal-Peterhead subsea link in Scotland. The 2 GW bi-pole, 525 kV high voltage direct current (HVDC) link w

about 1 year ago
Noble Viking drillship; Source: Noble Corporation
Business & Finance

Noble rig embarks on drilling gig at gas project in Philippines

A drillship, owned by Noble Corporation, a U.S.-based offshore drilling player, has started its drilling campaign at a field off the coast of the Philippines in Southeast Asia.

about 1 year ago
Emirati subsea company further bolsters fleet with two UK-made ROVs
Business & Finance

Emirati subsea company further bolsters fleet with two UK-made ROVs

Shortly following the addition of a new Saab remotely operated vehicle (ROV) to its fleet, the UAE-based CCC (Underwater Engineering) has contracted the UK’s Forum Energy Technologies (FET) for the delivery of two work-class ROVs. The FET Perry XLX-C 3,000-meter systems will be used for construction

about 1 year ago
Maritime Partners enters ferry sector with SWITCH Maritime hydrogen deal
Business & Finance

Maritime Partners enters ferry sector with SWITCH Maritime hydrogen deal

Maritime Partners has closed a sale-leaseback refinancing of the hydrogen-powered passenger ferry Sea Change, developed by SWITCH Maritime, marking the company’s entry into the ferry sector.

about 1 year ago
FPSO Energean Power; Source: Energean
Business & Finance

Israel-Iran truce sends signal for Mediterranean gas story to continue with FPSO restart

As the Israel-Iran ceasefire seems to be holding its ground, the UK-based oil and gas player Energean has been given the go-ahead to restart production from a floating production, storage, and offloading (FPSO) vessel, which is working on a natural gas field off the coast of Israel, enabling the cou

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Business & Finance

Norwegian player’s oil & gas search hits a dry patch

Aker BP has come up empty after drilling an exploration well in the Norwegian Sea off the coast of Norway, with a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
Aasta Hansteen platform; Credit: Woldcam/Equinor
Business & Finance

WATCH: DeepOcean wraps up ‘deepwater milestone’ at gas field in Norwegian waters

DeepOcean has finished sliding into place foundation template structure (FTS) for an offshore natural gas field, described as the deepest field on the Norwegian Continental Shelf (NCS).

about 1 year ago
Surveys to start in July at UK’s $3 billion subsea electricity superhighway
Business & Finance

Surveys to start in July at UK’s $3 billion subsea electricity superhighway

Geotechnical surveys are scheduled to begin in July at the Eastern Green Link 1 (EGL1) subsea electricity superhighway that will link the south-east of Scotland with the north-east of England. The 2 GW EGL1 HVDC multi-directional cable is being developed by National Grid Electricity Transmission (NG

about 1 year ago
BV
Business & Finance

BV: Achieving sustainable blue economy extends beyond decarbonizing shipping

Bureau Veritas Marine & Offshore (BV), a French specialist in testing, inspection, and certification, has highlighted the need to reframe how the global fleet is financed, fueled, and operated if its decarbonization goals are to be achieved.

about 1 year ago
Sleipnir on Oseberg A platform; Source: Heerema
Business & Finance

Heerema’s vessel on ‘engineering ingenuity’ quest makes inroads in North Sea campaign

Heerema Marine Contractors and its heavy lift vessel are checking off their list the tasks required to complete an offshore campaign in the North Sea, which is being undertaken as part of the Dutch player’s deal with Equinor.

about 1 year ago
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