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Business & Finance

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Glomar worker, Rovco grows fleet with new survey vessel
Business & Finance

In response to client demand, Rovco grows fleet with new survey vessel

UK-based Rovco has added a second hull-mounted survey vessel to its fleet, a move said to come in response to client demand for geophysical and geotechnical survey solutions. Rovco has entered into a four-year charter agreement with Glomar for the DP2 vessel Glomar Worker. “We are delighted with our

about 2 years ago
Sleipner; Credit: Oyvind Gravas Bo B Randulff/Equinor
Business & Finance

Kongsberg put in charge of life cycle simulator project at Equinor’s North Sea gas field

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Equinor has handed out a two-year life cycle simulator project to Kongsberg Digital for a gas field in the North Sea off the coast of Norway.

about 2 years ago
ABB
Business & Finance

ABB strengthens ship route optimization offer with DTN buy

Switzerland-based technology company ABB has entered into an agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc. (DTN Shipping), expanding the company’s offering in maritime software.

about 2 years ago
Clair Ridge platform; Source: BP
Business & Finance

Strike action threatens to engulf workers on multiple offshore platforms in UK waters

The offshore workers are pondering whether to go on a strike in a bid to improve their work-life balance.

about 2 years ago
ACE platform on ACG field; Source: BP
Business & Finance

BP embarks on its ‘largest-ever’ seismic program at supergiant oilfield

BP has set a major four-dimensional (4D) high-definition ocean bottom node seismic program in motion at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

about 2 years ago
France's new lab for tidal turbine development opens its doors
Business & Finance

France’s new lab for tidal turbine development opens its doors

France’s Ifremer and HydroQuest have set up a joint laboratory for the development of offshore tidal turbines. Supported by the National Research Agency, the goal of the laboratory is to develop analysis tools and support for the design of tidal turbines adapted to marine constraints. Ifremer and Hy

about 2 years ago
Bar Technologies CMET
Business & Finance

BARTech unveils partnership with CMET as it parts ways with Yara Marine in WindWings shift

Wind propulsion company BAR Technologies (BAR) has entered into a partnership agreement with Chinese giant CM Energy Tech to wholly manage and oversee the production of BAR Technologies’ WindWings in China. BAR Technologies said that the Hong Kong-listed company would greatly enhance the company’s a

about 2 years ago
COSL Prospector rig; Source: Canarship
Business & Finance

COSL rig leaves Las Palmas and heads to Norway – gallery

Canarship has revealed that a sixth-generation semi-submersible rig from COSL Drilling Europe is now on its way to Norway.

about 2 years ago
€3M push for French consortium developing subsea resident patrol technologies
Business & Finance

€3M push for French consortium developing subsea resident patrol tech

A French consortium comprising three partners has secured a €3 million grant to develop and qualify subsea resident patrol technologies. The consortium is made of Ifremer, a French research institute dedicated to the ocean, FinX, a start-up specialized in bio-inspired underwater thrusters, and led b

about 2 years ago
Uranus rig carried out Trillion's 2022 – 2023 drilling campaign at SASB; Source: Trillion Energy
Business & Finance

Canadian firm pursuing artificial lift solutions for giant gas play off Türkiye

Trillion Energy is deploying artificial lift solutions at a natural gas field in the Black Sea off Türkiye to monetize the reserves for sale.

about 2 years ago
Optime Subsea team and RCOS
Business & Finance

Norwegian subsea firm bringing ROCS system to Equinor’s giant UK oil & gas field

Norwegian state-owned energy giant Equinor has hand-picked Optime Subsea, a compatriot provider of subsea solutions for the oil & gas industry, for the delivery of the remote operated controls system (ROCS), which will be used on a big oil & gas field located in the UK waters. The ROCS system is sai

about 2 years ago
Longitude Engineering gets subsea contract for Egyptian gas field
Business & Finance

Longitude Engineering gets subsea contract for Egyptian gas field

London-headquartered engineering consultancy Longitude Engineering, part of ABL Group, has won a contract to deliver design and engineering services for the subsea development at a gas field located offshore Egypt. Longitude Engineering will provide detailed design and engineering services for the s

about 2 years ago
BP and Worley bolster ties with new five-year deal
Business & Finance

BP and Worley bolster ties with new five-year deal

Australian engineering company Worley has signed a new global framework agreement with UK-headquartered energy giant BP to provide engineering, procurement, and construction management services (EPCM) covering BP’s global refinery assets and new energy portfolio. According to Worley, the five-year a

about 2 years ago
Subsea7 pipelayer to sport full electric Huisman crane
Business & Finance

Subsea7 pipelayer to sport full electric Huisman crane

Subsea7 has awarded the Netherlands-based Huisman with a contract to deliver a full electric offshore mast crane for one of its pipelay vessels that will be deployed for deep water installations. The 500mt offshore mast crane will be equipped with a passive and active heave compensation system on th

about 2 years ago