Business & Finance

DeepOcean charters 85-meter multi-purpose support vessel
DeepOcean has signed a charter agreement with shipowner Simon Møkster Shipping for the Stril Server multi-purpose support vessel (MPSV), set to be deployed in the renewables and oil & gas markets. Under the two-year agreement, Stril Server will provide subsea inspection, maintenance, and repair (IMR

ABL Group takes over well control specialist’s UK business
Energy and marine consultancy ABL Group has acquired the operations of a well control equipment specialist, HOSE International.

Port of Amsterdam, partners push ahead with plans for large-scale hydrogen import facilities
The Port of Amsterdam has signed a Memorandum of Understanding (MoU) with tank storage company Evos and liquid organic hydrogen carriers (LOHC) pioneer Hydrogenious to develop large-scale import facilities for hydrogen at the port of Amsterdam. The facilities will comprise a LOHC dehydrogenation pla

Vår Energi picks catering services provider for its oil & gas assets off Norway
Vår Energi has handed out a long-term catering deal, covering its assets on the Norwegian Continental Shelf (NCS), to ESS Support Services.

More work on the horizon for DOF fleet
DOF Group has secured a contract extension in Brazil for one of its anchor handling tug supply (AHTS) vessels, as well as new vessel contracts in West Africa and in the North Sea. Norskan Offshore, DOF’s Brazilian subsidiary, signed a contract extension with Petrobras for the 21.000 class Brazilian

Aker BP gearing up to sanction multiple oil & gas projects in December
Aker BP is preparing to make FIDs and submit plans for development and operations (PDOs) for several oil and gas projects by year-end.

Equinor’s Norwegian Sea well comes up dry
Norway’s energy giant Equinor has completed the drilling of a wildcat well in the Norwegian Sea but failed to find hydrocarbons.

Island Drilling secures another UK contract for its semi-sub rig
Offshore rig owner Island Drilling has secured a new drilling contract for its semi-submersible rig for work in the UK.

Orbital Marine invites geotechnical survey bids for tidal power projects
Scottish marine energy company Orbital Marine Power has launched a tender for the geophysical survey services at the site located offshore Orkney Islands.

Shell approaching spud date for North Sea exploration target
Shell is preparing for drilling operations on the Pensacola gas prospect in the UK North Sea with plans to spud the well in November 2022.

Seapeak to acquire Evergas for $700 million
Seapeak, formerly known as Teekay LNG Partners, has entered into a deal with Jaccar Holdings to acquire Danish shipping company Evergas for $700 million. Evergas owns and operates two very large ethane carriers and eight multigas/LNG carriers. All are on fixed-rate time charters to Ineos and are cap

Aker Carbon Capture’s modularized offshore facility wins DNV’s stamp of approval
DNV has qualified Aker Carbon Capture’s modularized offshore facility, which is expected to cut emissions from oil and gas production.

Fugro and Magseis Fairfield set up renewables and carbon capture collab
Norway’s Magseis Fairfield and the Dutch Fugro have signed a global cooperation agreement to work on project opportunities including wide area 3D ultra high-resolution surveys (3D UHR) for the offshore renewables and carbon capture and storage (CCS) markets. The companies said they will jointly purs

UK’s new PM urged to tackle ‘challenges of fuelling the future’
The UK’s new PM urged to strengthen energy security and scale up the transition to low-carbon and clean energy.