Business & Finance
OKEA to carry out P&A ops in Norwegian Sea with COSL Drilling’s rig
Norwegian safety regulator has given OKEA its consent to use a COSL Drilling-owned rig for P&A ops at a field in the Norwegian Sea.
Heerema’s Sleipnir vessel removes topsides from UK waters in single lift
With the topsides removal, Heerema has completed another decom activity related to a platform being removed from the waters off the UK.
Diverse Marine to build Nauticus’ Hydronaut autonomous surface vessels
Diverse Marine has signed an agreement with Nauticus Robotics to construct the initial production run of the autonomous surface vessel (ASV) Hydronaut for the Nauticus Fleet, a robotic navy with 20 Hydronaut vessels. The announcement follows 18 months of close collaboration between the two companies
Shell plans to invest millions to ‘help 15,000 people get skilled jobs’ in UK
Shell plans to increase its share of supply of oil and gas to the UK and invest £100 million by 2030 to help 15,000 people get skilled jobs.
Strohm, Evonik ink MoU to bring TCP carbon fibre to green hydrogen market
Strohm and Evonik have signed a memorandum of understanding (MoU) to develop and qualify the use of their respective thermoplastic composite pipe (TCP) technology and unidirectional Carbon Fibre PA12 tape for energy transition applications. As part of the collaboration, the companies will work on a
SMD, Van Oord join forces to improve subsea equipment uptime
Subsea robotics designer and manufacturer Soil Machine Dynamics (SMD) and marine contractor Van Oord have entered into a parts and services framework agreement with the aim to reduce downtime and improve efficiencies. As part of the agreement, both companies will share industry insight and knowledge
Orcadian pursuing approval of North Sea field development plan
Orcadian Energy has submitted a draft field development plan for the Pilot oilfield located in the UK North Sea to the NSTA.
Aker Solutions and NOV partner up to optimize subsea system solutions
Aker Solutions and NOV have signed a long-term technology cooperation agreement to optimize subsea system solutions, expected to enable sustainable oil and gas, low carbon, and renewable solutions. According to the parties, the joint effort will combine the technology strengths of NOV and Aker Solut
‘Important milestone’ for UK firm as it becomes operator of North Sea FPSO and cluster
Anasuria Operating Company (AOC) has replaced Petrofac as the installation and pipeline operator for a cluster and an FPSO in the North Sea.
In focus: More countries opting for renewables instead of fossil fuels
More and more countries around the world are preparing to shift to renewable energy and gradually quit the fossil fuel game with dozens of new commitments, projects, and initiatives announced in the week behind us.
Subsea Integration Alliance staying together for another seven years
Subsea 7 and Schlumberger have signed an agreement to renew the Subsea Integration Alliance for a further seven years and continue to jointly develop subsea solutions for deepwater developments. Subsea Integration Alliance is a non-incorporated alliance between Subsea 7 and OneSubsea, Schlumberger’s
JDR joins Science Based Targets initiative
UK’s JDR Cable Systems has joined the Science Based Targets initiative (SBTi) and has set targets to reduce its emissions and impacts. In its announcement, JDR stated that it is very motivated about plans to grow its business and deliver more cable products and services which will bring more renewab
Italy invests €700M to double interconnection with Greece as first link celebrates 20th birthday
Italian transmission system operator (TSO) Terna is planning to invest €700 million to double the electricity exchange capacity between Italy and Greece, expected to facilitate a higher integration of renewable sources. The plan was announced on the day that Terna celebrated 20 years of the first su
After Cyprus gig, ultra-deepwater drillship from Vantage heading to Africa
Vantage has secured a new contract with TotalEnergies for one of its ultra-deepwater drillships, which is currently operating in the Mediterranean.