Business & Finance
After wrapping up work for Equinor, Valaris rig goes for periodic survey
Valaris has revealed that one of its jack-up rigs, which recently worked for Equinor, will be undergoing a ten-year special periodic survey.
New North Sea gig for Floatel unit
Floatel International has been awarded a new deal for one of its units, which will work in the North Sea, offshore Norway.
Consortium gets €3.5M boost to develop tropical storm-proof OTEC system
EU’s key funding program for research and innovation, Horizon Europe, and UK Research and Innovation (UKRI) have awarded €3.5 million to a new consortium that aims to design an ocean thermal energy conversion (OTEC) system capable of surviving in tropical storm areas. The PLOTEC consortium was launc
Frontline: 65pct of our fleet will be scrubber fitted
Norwegian tanker shipping heavyweight Frontline is poised to have exhaust gas cleaning systems installed on over half of its fleet of over 70 ships. The company’s owned fleet included 37 scrubber-fitted vessels at the end of the third quarter of 2022, including 15 VLCCs, 19 Suezmax tankers and three
Anemoi to continue testing its rotor sails in Port of Blyth
Wind-assisted propulsion provider Anemoi Marine Technologies has extended the lease for their land-based Rotor Sail test facility at the Port of Blyth, the UK. The port, which is a major offshore energy support base, has hosted Anemoi’s test facility for 10 years. The location obtains similar wind c
Stena Line, Nowhere Networks strike world’s largest maritime high-speed internet deal
Swedish ferry company Stena Line has chosen high-tech company Nowhere Networks to fit fast internet connection on board 32 of its ships. Project implementation has already started and it is expected to be completed by the beginning of next year, the ferry operator said. The total distance of the rou
Reach Subsea buys one vessel and charters another to ‘take advantage of the growing demand’
Reach Subsea has inked an agreement to acquire one of the Østensjø Rederi-owned multipurpose ROV support vessels.
Norwegian firm selling vessel to boost liquidity
Norway’s Golden Energy Offshore Services (GEOS) has inked a deal to sell one of its PSVs to a buyer, whose identity has not been disclosed.
Aker BP gearing up to drill North Sea well
Aker BP has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Saipem’s semi-submersible rigs.
Cemre Shipyard lays keel for Norwegian zero-emission battery ferry
Turkish Cemre Shipyard has launched the construction of a zero-emission double-ended car and passenger ferry that will run on battery-electric power. The construction start was marked with a keel laying ceremony at the yard held on Tuesday, November 29 jointly with Norwegian ferry company Torghatten
New job for UK firm on SBM Offshore’s largest FPSO to date
UK-based Amarinth, has won an order from VWS Westgarth for two titanium pumps, which will be used aboard SBM Offshore’s FPSO One Guyana.
Tentative deal on including shipping’s GHG emissions in EU ETS covers methane and N20
A preliminary agreement has been reached between the EU’s top three institutions to include greenhouse gas emissions from the maritime sector in the EU Emissions Trading System (ETS). The tentative deal was struck on Tuesday evening, and it leads to several milestones such as the inclusion of methan
Jack-up rig spuds third well in Black Sea drilling campaign
Trillion Energy has started drilling the third well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.
Siem vessel lands deal ‘primarily’ outside North Sea
Norwegian shipping company Siem Offshore has secured a deal for one of its multi-purpose support vessel (MPSV) with an undisclosed client.