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Business & Finance

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Superior Survey ROV that will perform subsea survey work. DeepOcean and Equinor
Business & Finance

Equinor picks DeepOcean for pipeline inspections

Norway-based ocean services provider DeepOcean has won a contract with Equinor for the delivery of pipeline inspection and survey scopes on the operator’s pipelines in the North Sea. DeepOcean’s responsibilities include pipeline inspections, seabed mapping, ad-hoc pipeline surveys, and light constru

about 2 years ago
Scarborough energy project’s Pluto Train 2 has achieved a major milestone with the first three modules now safely installed on site in Karratha, Western Australia; Source: Woodside
Business & Finance

Woodside concludes long-term LNG supply deal with KOGAS

Australian energy major Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of liquefied natural gas (LNG) to Korea. Specifically, the SPA provides for the supply of approximately 0.5 million tons per annum of LNG for a period of 10.5 y

about 2 years ago
Greek firm to deliver steel pipes for Aker BP's North Sea development
Business & Finance

Greek firm to deliver steel pipes for Aker BP’s $1.5B North Sea development

Greek Corinth Pipeworks, the steel pipes segment of Cenergy Holdings, has secured a contract with TechnipFMC to deliver steel pipes for Aker BP’s development in the North Sea. Corinth Pipeworks will deliver 27 kilometers of high-frequency welded (HFW) steel pipes for the Utsira High Project developm

about 2 years ago
Tyra II; Source: TotalEnergies
Business & Finance

TotalEnergies upholds March restart date for Denmark’s largest natural gas field

TotalEnergies has confirmed the previously set restart date for the Tyra II redevelopment project, which is said to be Denmark’s largest natural gas field.

about 2 years ago
FPSO Baobab Ivoirien MV10; Source: Svenska
Business & Finance

US player makes a move on Swedish energy firm to enrich its offshore oil portfolio in Africa

Vaalco Energy is in talks with the owner of Sweden’s Svenska Petroleum Exploration to bring the firm into the fold and take over its main asset off Cote d’Ivoire.

about 2 years ago
Noble Invincible (former Maersk Invincible); Source: Noble Corporation
Business & Finance

DNO Norge books Noble jack-up rig for drilling gig in Norway

Noble Corporation has won a new short-term assignment for one of its jack-up rigs, which will undertake drilling activities off Norway.

about 2 years ago
BLUE-X project team (at the kick-off at EOMAP’s Headquarter)
Business & Finance

Seven European partners gather to develop decision support tool for offshore renewables

Seven European partners have teamed up for a project that will see the development of a satellite-based decision support tool to accelerate offshore renewable energy deployments. For upscaling offshore renewables, BLUE-X is set to deliver key data helpful for all five steps of the blue energy lifecy

about 2 years ago
PASSER eyeing floating wind
Business & Finance

PASSER eyeing floating wind

The work on the vertical lay-up machine (VLM) for JDR’s new cable factory in the UK is now well underway in Klaipeda, Lithuania, where Norway-headquartered PASSER Group recently opened a new fabrication facility. The Group has revealed that, besides expanding its production capacity, it is also look

about 2 years ago
Shah Deniz Bravo platform; Source: BP
Business & Finance

BP brings online another section of its largest gas discovery ever made

BP has tucked a new milestone under its belt at a giant gas development off the coast of Azerbaijan by putting East North flank into production mode.

about 2 years ago
Swedish wave energy firm on the hunt for financial head
Business & Finance

After first phase of operations, CorPower Ocean’s wave energy device ‘proven at commercial scale’

CorPower Ocean’s C4 wave energy converter (WEC) has completed the first cycle of the ocean commissioning program at the Agucadoura site in northern Portugal. Now proven at commercial scale, at the exposed Atlantic test site, CorPower said that the C4 device had demonstrated a unique ability to tune

about 2 years ago
Remotely controlled well completion operation wraps up in Nigeria’s waters, Optime Subsea and SNEPCo
Business & Finance

Remotely controlled well completion operation wraps up in Nigeria’s waters

Shell Nigeria Exploratioration and Production Company (SNEPCo), a subsidiary of the UK-headquartered energy giant Shell, has completed the first remotely controlled well completion operation in 1,060-meter water depth offshore Nigeria. The operation, performed at the Bonga field, was conducted using

about 2 years ago
The appraisal drilling at Block 58 was done with the Maersk Valiant (now called Noble Valiant) drillship; Source: Noble Corporation
Business & Finance

TotalEnergies moving at full tilt to sanction giant oil project off Suriname by year-end

TotalEnergies is going full steam ahead with its plans to take a FID for a large oil project in Block 58 off Suriname by the end of 2024.

about 2 years ago
Increased charter rates and OSV demand lift Siem Offshore up
Business & Finance

Increased charter rates and OSV demand lift Siem Offshore up

Siem Offshore has reported operating revenues of $336 million for the fiscal year 2023, an increase from $274.3 million in 2022, and $85.2 million for Q4 2023, compared to $64.3 million in Q4 2022, said to be caused by an uplift in charter rates, generated by increased demand for offshore support ve

about 2 years ago
Ivar Aasen platform; Source: Aker BP
Business & Finance

Green light for Aker BP to kick off production from North Sea field

Aker BP has received consent to start production from a field in the North Sea, which will be tied back to an existing platform off Norway.

about 2 years ago
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