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Business & Finance

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Dolphin Leader, former Transocean Leader, rig; Source: Transocean
Business & Finance

Dolphin Drilling divesting and recycling rig recently acquired from Transocean

Dolphin Drilling has disclosed its intention to sell a semi-submersible rig for recycling, only months after acquiring it from Transocean.

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

DNV spotlights digital twin’s ability to give a shot in the UK’s energy transition arm

A new report from DNV has examined the role digital twins can play in helping the UK attain its net-zero objectives.

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about 2 years ago
Hitachi Energy investing $4.5B to accelerate energy transition, new jobs on the horizon
Business & Finance

Hitachi Energy investing $4.5B to accelerate energy transition, new jobs on the horizon

Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investme

about 2 years ago
Tungsten Explorer; Source: Vantage Drilling International
Business & Finance

Offshore drilling player considering signing up to Euronext Growth Oslo

Offshore drilling contractor Vantage Drilling is entertaining the option of starting trading on Oslo’s Euronext Growth stock exchange market.

about 2 years ago
'Key milestone' for converter stations destined for Scottish subsea links
Business & Finance

‘Key milestone’ keeps Scottish subsea links on track for energization in 2030

SSEN Transmission and Hitachi Energy have signed initial work contracts for pre-construction work related to two Scottish subsea links, ensuring the projects remain on track for commissioning in 2030. The companies secured another key milestone in their partnership to provide a high voltage direct c

about 2 years ago
Borgland Dolphin drilling rig; Source: Dolphin Drilling
Business & Finance

Dolphin Drilling rig comes to shipyard in Las Palmas for 10-month stay ahead of UK gig

Dolphin Drilling’s semi-submersible rig has arrived to Astilleros Canarios (Astican) in Las Palmas de Gran Canaria (Canary Islands).

about 2 years ago
Illustration; Source: ADNOC Logistics and Services
Business & Finance

Twofold increase in LNG vessel orders playing out against the backdrop of elevated newbuilding prices

The number of LNG newbuilding values is perceived to be at a record high with twice as many newbuild orders in 2024 as there were last year.

about 2 years ago
Dutch company converts 2016-built multi-purpose support vessel for survey ops
Business & Finance

Dutch company converts 2016-built multi-purpose support vessel for survey ops

Dutch survey company Deep BV has expanded its survey capacity with the conversion of a multi-purpose support vessel, built in 2016, into a survey vessel. Deep BV announced it had completed the conversion of the multi-purpose support vessel Miranda from Van Laar Maritime into a survey vessel, with fo

about 2 years ago
Prysmian's Monna Lisa steps closer to delivery in early 2025
Business & Finance

171-meter Prysmian cable layer steps closer to delivery with launch at VARD

Norwegian ship designer and shipbuilder VARD has launched Prysmian’s new cable laying vessel (CLV) Monna Lisa, sister ship to Leonardo da Vinci, coming a step closer to delivery in 2025. VARD has completed steel cutting, keel laying, generator installation, and hull erection on the 171-meter Monna L

about 2 years ago
To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind
Business & Finance

To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind

Building on the joint delivery of several large data campaigns, Norway’s Shearwater GeoServices and Ireland-based XOCEAN have set up a strategic collaboration to provide integrated data solutions to the carbon capture and storage (CCS) and offshore wind markets. The collaboration will combine Shearw

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Business & Finance

UK firm dropping out of Shell’s North Sea gas discovery due to funding woes

Deltic Energy is exiting from a gas discovery in the Southern North Sea after its efforts to secure funds for its share of appraisal costs fell through.

about 2 years ago
All clear for TGS and PGS merger
Business & Finance

All clear for merger of Norwegian seismic firms

Following approval from the Norwegian Competition Authority, Norway-headquartered PGS and TGS have now received clearance for their merger from the UK Competition and Markets Authority (CMA), which is the final regulatory approval required. TGS and PGS announced their agreement on principal terms to

about 2 years ago
Transocean Enabler; Source: Transocean
Business & Finance

Vår Energi all done with intra-group merger

Norway’s Vår Energi has completed the merger with its wholly-owned subsidiary Vår Energi Norge, previously known as Neptune Energy Norge.

about 2 years ago
EnergyPathways
Business & Finance

UK firm set on getting hold of gas storage license in its East Irish Sea project area

EnergyPathways has confirmed its interest in acquiring a gas storage license situated in the same area as its undeveloped gas field in the East Irish Sea.

about 2 years ago