Business & Finance

New UK walk-to-work provider launched for offshore & marine sectors
Walk2Work Solutions (W2W Solutions) has been launched in Aberdeen to optimise walk-to-work marine operations and offshore work campaigns.

Schulte Group unveils new LNG bunker vessel design
Germany’s ship owner and manager Schulte Group has presented for the first time its next-generation design for a liquefied natural gas (LNG) bunker vessel (LBV) at Gastech Exhibition and Conference in Milan.

Norwegian oil & gas giant hands out four-year deal to offshore helicopter operator
Bristow has secured a multi-year contract with Equinor for search and rescue services in support of ops on the Norwegian continental shelf.

PanGeo wraps up offshore gig at two Finland-Estonia links
PanGeo Subsea has completed cable depth of burial (DOB) surveys along the EstLink 1 and EstLink 2 interconnector cables that connect Finland’s and Estonia’s electrical networks. The Kraken Robotics subsidiary used its SeaKite remotely operated towed vehicle (ROTV) equipped with the patented Sub-Bott

New survey begins at Statkraft’s offshore wind site in Ireland
A one-month geophysical survey campaign has commenced at the export cable route area of the North Irish Sea Array (NISA) offshore wind project in Ireland. The campaign started on 3 September at the site located off the coast of north County Dublin and County Meath, with completion expected on 3 Octo

First new gas production from Black Sea field slated for end of October
Trillion Energy is now days away from kicking off its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea offshore Türkiye.

Deepsea Yantai rig booked for North Sea well
Oil and gas company DNO Norge has awarded a drilling contract to a semi-submersible rig for a one well located offshore Norway.

API: American oil & gas as ‘reliable and realistic partners’ of renewables and energy security
API advocates for a ramp-up of U.S. oil and gas production to solve energy security and energy transition concerns.

New Irish research vessel sports Sonardyne technology
Sonardyne has supplied its Ranger 2 acoustic tracking technology to Ireland’s new multi-purpose marine research vessel (RV) Tom Crean. Delivered in July, Tom Crean provides up to 3,000 scientist days per year for seabed mapping, deep water surveys, oceanographic and environmental research and fisher

With UK’s new PM prioritising energy security, OEUK sees opportunity to speed up low-carbon transition
As the UK gets its new PM, OEUK believes this is an opportunity to accelerate energy transition with domestic oil & gas investments.

CMA CGM creates $1.5 billion fund to speed up shipping decarbonisation
French shipping major CMA CGM has decided to create a Special Fund for Energies, backed by a five-year $1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050. The fund will invest to support the industrial production of new fuels and low-emission mobility soluti

Ashtead buys subsea dredging solutions provider
Ashtead Technology is expanding its mechanical solutions service offering with the acquisition of WeSubsea, a provider of subsea dredging technology solutions. The transaction is expected to close during the fourth quarter of the year and will be Ashtead’s sixth acquisition in the past five years. A

Tidal stream and FLOW at the forefront of near-term economic opportunity for Wales, report finds
Marine Energy Wales has released its annual ‘State of the Sector Report’ which dives into the opportunities and economic benefits of the developing marine energy sector in Wales.

Johan Castberg FPSO is now complete, Equinor says
The world’s largest crane vessel has installed the last two pieces of the puzzle needed to make the Johan Castberg FPSO complete.