Business & Finance
Yara mulls IPO of clean ammonia business
Norwegian chemical company Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the Oslo Stock Exchange.
Standard ETC pays $10 million for stake in Norwegian offshore drilling contractor
S.D. Standard has acquired an interest in the Norway-based offshore drilling contractor, Dolphin Drilling, through an equity issue.
Italian cabling giant launches share-incentive plan for over 25,000 employees
Prysmian Group has launched an innovative share-based variable remuneration and profit-sharing plan in company shares, aimed potentially at more than 25,000 employees between blue and white-collar workers in over 35 countries. Approved by a majority at the Shareholders’ Meeting, the plan will run ov
Repsol reopens North Sea field after oil spill-related shutdown
Repsol has experienced production interruption at its operated Yme field located offshore Norway but the field has now been restarted.
Saipem brings sustainability to subsea pipelaying
Saipem has revealed a new, sustainable subsea pipelaying method which allows forming vertical cold bends in the pipeline in a strictly controlled way and directly underwater by means of a specially designed remotely operated underwater bending machine. The Underwater Cold Bending technology is said
Swedish offshore wind developer opens call for seabed surveys
Swedish energy company Vattenfall has issued a tender looking for a contractor or contractors to deliver bathymetric survey services at offshore wind sites. Vattenfall plans to sign a framework agreement with the selected company/companies for scheduled and ad-hoc seabed surveys at offshore wind pro
Contract extended for DOF’s high-end subsea vessel until 2024
DOF Subsea has secured a contract extension for the 160-meter long high-end subsea vessel Skandi Africa. The new commitment will commence in direct continuation with the current commitment and will run until February 2024. DOF Group CEO, Mons S. Aase, said: “Skandi Africa is the most sophisticated v
Oilfield services giants win big as Equinor hands out over $2 bln worth of contracts
Equinor is extending its contracts with Baker Hughes, Halliburton, and Schlumberger for integrated drilling and well services.
Aker BP becoming operator of all NOAKA discoveries to ensure efficient execution
Equinor and Aker BP have inked a deal for the transfer of operatorship, allowing the latter to take the operator helm in the NOAKA area.
G-tec wraps up Calvados UXO ID and clearance campaign
G-tec has completed the UXO detection and clearance campaign at the Calvados offshore wind farm in France, covering an area of more than 2,200 kilometers. After cross-evaluation of the multi-sensor datasets, combined with historical and site data, the number of anomalies was reduced to few UXO-like
Thialf vessel set to embark on removal campaign offshore Ireland
PSE Kinsale Energy is preparing to kick off its platform removal campaign for the Kinsale Head gas fields with Heerema’s Thialf vessel.
Shell’s profit soars on higher oil and gas prices
Oil major Shell booked a huge profit in the first quarter of the year on the back of higher oil and gas prices.
iXblue DriX USV done with work on first French offshore wind farm
iXblue has completed the bathymetric survey at the site of the Saint Nazaire offshore wind farm using its DriX uncrewed surface vehicle (USV). The purpose of the bathymetric survey inspection was to verify the seabed conditions before the deployment of Jan De Nul Group’s jack-up vessel Vole au vent.
Wintershall Dea’s hydrogen and CCS project to support Wilhelmshaven energy hub
Wintershall Dea’s new project is putting the wheels into motion to decarbonise the German industry with the help of hydrogen and CCS.