Business & Finance

Norwegian shipyard to retrofit two PSVs for deep waters off Brazil
Brazilian shipowner Oceanica has awarded Green Yard Kleven in Norway with a contract to retrofit two platform supply vessels (PSVs) for operations with a remotely operated vehicle (ROV) and offshore crane. Oceanica recently purchased the vessels which have Marin Teknikk design MT6009. One is already

Norway’s wave-powered desalination firm gets support in Spain
Norwegian wave-powered desalination developer Ocean Oasis has secured support from the authorities in Spain and Gran Canaria for its establishment and operations in Gran Canaria.

Equinor prolongs Siem vessel’s gig off Norway
Equinor has exercised an extension option with Siem Offshore to add more work to the backlog of an AHTS vessel carrying out ops off Norway.

Awilco LNG enters into new six-month charter agreement
Norwegian LNG transportation company Awilco LNG has entered a new time charter contract for a firm duration of about six months with an oil major.

Aker BP reveals plan to invest $700 million in North Sea tie-back
Aker BP has submitted a PDO for the Trell & Trine project in the North Sea to the country’s Ministry of Petroleum and Energy (MPE).

New gigs for Diamond rigs in North Sea, Gulf of Mexico, and Australia
Offshore drilling contractor Diamond Offshore has secured new work for its rigs in the North Sea, Australia, and the Gulf of Mexico.

Scotland opens offshore wind leasing round to decarbonise North Sea oil and gas
Scotland’s new offshore wind leasing round aiming to decarbonise the North Sea oil and gas sector has kicked off today.

UK firm ‘disappointed’ as merger plans come to naught
Kistos has made up its mind not to make a firm offer for Serica Energy, as it was unable to iron out the details for a proposed combination.

First Hydrogen to expand its green H2 business to North America
Vancouver and London-based green hydrogen company First Hydrogen has announced the expansion of its green hydrogen production plans to the North American market.

Welsh marine energy players meet with First Minister to push industry forward
Welsh First Minister Mark Drakeford has met with representatives of marine energy companies as part of the efforts to make Wales a leader in the industry.

Türkiye sending its fourth drillship on first drilling mission
Turkish government and its national oil and gas company TPAO are now sending the country’s fourth drillship on its first drilling mission.

MPS books two EMEC berths for multi-megawatt wave energy array
Marine Power Systems (MPS) is set to demonstrate a multi-megawatt wave energy array at the European Marine Energy Centre (EMEC) in Orkney, Scotland.

Scana company gets riser joint order from mystery client
Scana-owned Subseatec has secured a contract with an “international energy company” for the delivery of riser joints for an offshore field development. Under the “sizeable” contract, Subseatec will deliver ready-to-use riser joints in low alloyed steel, as well as provide engineering, manufacturing,

Solstad bags extension with Equinor and offloads another vessel
Solstad Offshore has secured a contract extension for one of its platform supply vessels (PSVs) with Equinor for operations off Norway.