Business & Finance

Illustration of USV; Source: Remota
Business & Finance

Remota hand-picked to operate and manage newbuild unmanned surface vessel

Remota has been contracted by USV to operate and manage remotely controlled offshore operations for its first newbuild USV.

about 3 years ago
Illustration. Source: Equinor
Business & Finance

With offshore licence offers from 25 oil & gas players, Norway keeps its position as exploration hub

Norway received offers for production licences from 25 companies for further exploration activity on the NCS, as part of the APA 2023 round.

about 3 years ago
Image credit ERMA FIRST
Business & Finance

ERMA FIRST’s AMP system recognized as energy saving device

DNV classification society has issued a letter of professional opinion confirming that ERMA FIRST’s alternative maritime power (AMP) system, BLUE CONNECT, meets the requirements for categorisation as an ‘energy-saving device’ (ESD). In the same document, DNV recognises BLUE CONNECT’s ability to impr

about 3 years ago
Illustration; Source: NKT
Business & Finance

NKT clinches ‘key components’ deal for two power cable projects

NKT has entered into agreements, ensuring production and offshore installation capacity for power cable systems off Scotland.

about 3 years ago
Prysmian
Business & Finance

Prysmian pulls off a hat-trick in Germany worth €4.5 billion

Prysmian Group has been picked as the preferred bidder for two offshore grid connection systems and an underground cable project in Germany, which are valued in aggregate at around €4.5 billion or $4.86 billion.

about 3 years ago
Illustration; Source: TGS
Business & Finance

TGS joins forces with Apparition on a mission to boost seismic survey efficiency

TGS is pooling resources with Apparition Geoservices GmbH, thanks to a new long-term collaboration agreement.

about 3 years ago
Morten Haug Emilsen, Add Energy's manager for well control; Source: Add Energy
Business & Finance

BP hands out 10-year deal for well support

Add Energy, a subsidiary of ABL Group, has secured a deal with BP for the provision of well services and emergency well control services.

about 3 years ago
FPSO Catcher; Source: BW Offshore
Business & Finance

BW Offshore secures $200 million financing for North Sea FPSO

BW Offshore has signed a new $200 million facility, refinancing its existing senior secured credit facility for an FPSO working in the UK.

about 3 years ago
Statfjord C platform; Credit: Harald Pettersen/Equinor
Business & Finance

In focus: Transition, one step at a time

When it comes to tweaking existing industrial processes to curb carbon emissions, numerous steps are being taken.

about 3 years ago
BOKA Ocean vessel; Source: Boskalis
Business & Finance

New addition to Boskalis fleet undergoing conversion to cable-laying vessel

Boskalis has expanded its fleet with a new vessel currently getting ready to be converted from a pipe-laying vessel to a cable-laying one.

about 3 years ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Business & Finance

Equinor getting ready to spud two North Sea wells with Shelf Drilling and Transocean rigs

Equinor has received consent from the country’s offshore safety regulator to use rigs owned by Shelf Drilling and Transocean for drilling activities in the North Sea off Norway.

about 3 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Business & Finance

Neptune all set to kick off North Sea drilling ops with Odfjell Drilling-managed rig

Neptune Energy has secured a drilling permit from the Norwegian authorities for an exploration well in the North Sea off Norway.

about 3 years ago
Statfjord C platform; Credit: Harald Pettersen/Equinor
Business & Finance

North Sea project comes online six months ahead of schedule

Equinor has started production from a project, which is expected to boost production by 26 million barrels of oil equivalents from a field in the North Sea off Norway.

about 3 years ago
SSEN Transmission
Business & Finance

All development consents in place for UK’s giant renewable electricity superhighway

To bring its largest green electricity transmission reinforcement project to life, the UK gave its consent for new converter stations and onshore and offshore cables.

about 3 years ago