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Business & Finance

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Scana's PSW Technology to stay with international rig company for two more years
Business & Finance

Scana’s PSW Technology to stay with international rig company for two more years

Scana-owned PSW Technology, a Norwegian provider of services and solutions to the drilling industry, has renewed a frame agreement with what it says is an international rig company. The framework agreement includes subsea services and will commence in the first quarter of 2025, extending for a perio

about 1 year ago
FPSO Marechal Duque de Caxias; Source: MISC
Business & Finance

New FPSO achieves first oil at Petrobras’ third largest field offshore Brazil (Gallery)

Petrobras has put into operation another floating production, storage, and offloading (FPSO) vessel, which is working at the firm’s third-largest oil field in the Santos Basin off the coast of Brazil.

about 1 year ago
Depsea Yantai rig; Source: Neptune Energy, now part of Eni's Vår Energi
Business & Finance

One Odfjell Drilling-managed rig taking care of SPS in Norway as another kicks off work offshore Ghana

Odfjell Drilling has entrusted Norway’s Coast Center Base (CCB) with the special periodic survey (SPS) job for one of the harsh environment semi-submersible rigs it manages on behalf of China’s CIMC. Another rig, which the drilling contractor is managing on behalf of Northern Ocean (NOL), has begun

about 1 year ago
Dewatering pump system. Source: EnerMech
Business & Finance

EnerMech wraps up its largest deepwater nitrogen membrane project in Gulf of Mexico

UK-based oilfield services provider EnerMech has concluded a pre-commissioning project in the Gulf of Mexico for what is described as a “major U.S. infrastructure company”, marking the firm’s largest nitrogen membrane spread in deepwater to date. The contract, awarded in August 2023, spanned 11 mont

about 1 year ago
BW Helios LNG carrier; Source: BW LNG
Business & Finance

BW LNG ups digitalization ante by boosting 34-vessel fleet’s procurement capabilities

BW Group’s BW LNG has signed up for Procureship’s digital e-procurement platform, which is anticipated to optimize procurement capabilities for its fleet of liquefied natural gas (LNG) carriers.

about 1 year ago
Hornsea contract
Business & Finance

Seaway7 to wire Ørsted’s Hornsea 3 offshore wind farm

Ørsted has awarded Seaway7, part of the Subsea7 Group, a contract for the transport and installation (T&I) of the inter-array cables at the Hornsea 3 offshore wind project in the UK. Seaway7’s scope of work covers the transportation and installation of 192 66 kV inter-array cables, measuring approxi

about 1 year ago
PSV Viking Princess; Source: Eidesvik
Business & Finance

Another year added to Eidesvik LNG-powered vessel’s years-long assignment in Norway

Eidesvik Offshore has won a contract extension for one of its platform supply vessels (PSVs), prolonging the vessel’s stay offshore Norway.

about 1 year ago
'First-of-its-kind' methanol-ready energy subsea construction vessel starts taking shape
Business & Finance

‘First-of-its-kind’ methanol-ready energy subsea construction vessel starts taking shape

Norwegian shipping company Rem Offshore has held the keel laying ceremony for what is said to be the first-of-its-kind energy subsea construction vessel (ESCV), set to perform heavy construction work in offshore wind and subsea arenas with net zero emissions. Following the initial steel cutting on J

about 1 year ago
GTT
Business & Finance

French player’s new LNG carrier design gets the go-ahead as deal for eight dual-fuel tankers comes its way

Gaztransport & Technigaz (GTT) has obtained a stamp of approval from Japan’s classification society ClassNK for its 30,000 cubic meters (cbm) membrane-type liquefied natural gas (LNG) carrier design.

about 1 year ago
KCC
Business & Finance

KCC to install ‘largest ever suction sails’ on CABU III newbuild

Norwegian shipowner Klaveness Combination Carriers ASA (KCC) has decided to equip the upcoming CABU III newbuild with “the world’s largest” suction sails.

about 1 year ago
1.2 mtpa FLNG; Source: Wison New Energies
Business & Finance

FLNG construction in progress as Asian player’s project marks ‘critical milestone’ with procurement award

Genting has taken further steps to bring to life its floating liquefied natural gas (FLNG) project, which is said to be the first one in Indonesia.

about 1 year ago
New contract with Vår Energi takes DeepOcean to Barents Sea and North Sea
Business & Finance

New contract with Vår Energi takes DeepOcean to Barents Sea and North Sea

Norway-based ocean services provider DeepOcean has expanded its several years of work for oil and gas company Vår Energi with a new contract set to be performed next year. DeepOcean will perform a subsea campaign for Vår Energi in 2025 that includes inspection, maintenance and repair (IMR) services

about 1 year ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Business & Finance

TotalEnergies finds gas condensate pay in North Sea

TotalEnergies has discovered new gas condensate resources during drilling operations with a Shelf Drilling-owned jack-up rig at a well in the Harald East area. This gas will be exported through the Tyra facilities in the Danish sector of the North Sea.

about 1 year ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Business & Finance

Oil & gas production grinds to a halt as North Sea FPSO goes offline

Serica Energy has confirmed the interruption of production at its assets in the North Sea, which are tied back to an existing floating production, storage, and offloading (FPSO) vessel on the UK Continental Shelf (UKCS).

about 1 year ago
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