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Business & Finance

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More North Sea work comes along to Subsea7
Business & Finance

More North Sea work comes along to Subsea7

UK-headquartered oil and gas company Dana Petroleum has awarded Subsea7 with a contract to deliver subsea services at a field development located in the UK Central North Sea. The Bittern oil and gas field, located in Blocks 29/1a and 29/1b, was discovered in 1996 and has been developed through five

about 2 years ago
New company logo; Source: OMV
Business & Finance

OMV’s revamped brand identity puts focus on sustainability

OMV has revealed a new brand identity highlighting sustainability embodying the company’s ambition to become net-zero by 2050.

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about 2 years ago
SLB closes joint venture with Norwegian carbon capture company
Business & Finance

SLB closes joint venture with Norwegian carbon capture company

American oilfield services company SLB and Norwegian pure-play carbon capture company Aker Carbon Capture (ACC) have completed their previously announced joint venture, which includes ACC’s sale of 80% of its shares in Aker Carbon Capture Holding (ACCH) to a subsidiary of SLB. It was announced in Ma

about 2 years ago
UK duo in strategic partnership for offshore wind cables
Business & Finance

Two UK firms forge ties to drive innovation in offshore wind cables

UK companies 2H Offshore and Vekta Group have established a strategic partnership aimed at driving innovation in high-voltage cables for offshore wind developments. London-headquartered 2H provides structural, hydrodynamic, geotechnical engineering and related digital and integrity services for fixe

about 2 years ago
Smoltek: We have technology to make green hydrogen production profitable
Business & Finance

Smoltek: We have technology to make green hydrogen production profitable

Swedish Smoltek Nanotech Holding has developed a technology that the company claims will make the production of green hydrogen profitable.

about 2 years ago
Samskip
Business & Finance

Samskip, TECO 2030, BLOM Maritime get ENOVA grant to retrofit ship with fuel cells, hydrogen fuel

Norway-based cleantech company TECO 2030, compatriot engineering company BLOM Maritime and Dutch logistics company Samskip have received a grant for a pre-project aiming to retrofit Samskip’s vessel Kvitnos with TECO 2030 fuel cells and hydrogen fuel.

about 2 years ago
COSL Promoter; Source: COSL Drilling
Business & Finance

Norwegian oil & gas firm bites the dust in North Sea well

Wellesley Petroleum has found no hydrocarbons in an exploration well, which was drilled using one of COSL Drilling Europe’s rigs in the North Sea off the coast of Norway.

about 2 years ago
FSRU Excelsior; Source: Excelerate
Business & Finance

Installation jobs for Germany’s Wilhelmshaven 2 LNG terminal go to Norwegian and French firms

ECOnnect Energy has been hired to install a jettyless ready IQuay solution for LNG import to Wilhelmshaven.

about 2 years ago
Renewed French partnership targets vessel digitalization and improved efficiency
Business & Finance

Renewed French partnership targets vessel digitalization and improved efficiency

French cable laying and repair operations company Orange Marine has renewed and expanded its service contract with a compatriot provider of data integration and analysis services for the maritime and offshore industry as part of its move to advance fleet digitalization and operational efficiency. Th

about 2 years ago
MMA Offshore to enhance vessel capability with large crane order
Business & Finance

MMA Offshore to enhance vessel’s capability with large crane order

MacGregor, part of Cargotec, has received an order it describes as “large” for the delivery of a crane for MMA Offshore’s 11-year-old multi-purpose platform supply vessel. MacGregor’s 50-tonne active heave compensated (AHC) crane will be installed on board the 83.6-meter-long MMA Valour, which provi

about 2 years ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies and Air Products ink 15-year green hydrogen supply deal

TotalEnergies and Air Products have signed a 15-year agreement for the annual supply of 70,000 tons of green hydrogen starting in 2030.

about 2 years ago
Allseas to take Pioneering Spirit to huge North Sea field in 2026
Business & Finance

Allseas to take Pioneering Spirit to huge North Sea field in 2026

Allseas has secured a contract with Norwegian state-owned Equinor to perform the installation of pipeline and integrated structures at a huge oil and natural gas field in the Norwegian sector of the North Sea. Under the contract, Allseas will install the pipeline and integrated structures for the se

about 2 years ago
Minesto's tidal energy kite Dragon 12 undergoing service and inspection
Business & Finance

Minesto’s utility-scale kite undergoes first inspection after grid-connected operation

Minesto’s utility-scale tidal energy kite, Dragon 12, is undergoing service and inspection, following the four months of grid-connected operation in Vestmanna, Faroe Islands.

about 2 years ago
Petrobras gives $245 million worth of contracts to three Solstad vessels
Business & Finance

Petrobras gives $245 million worth of contracts to three Solstad vessels

Norway’s Solstad Offshore has secured multiple contract awards with Brazilian oil and gas giant Petrobras that have a combined value of approximately NOK 2.6 billion (around $245 million). Petrobras has contracted the construction support vessel (CSV) Normand Poseidon and anchor handling tug supply

about 2 years ago