Business & Finance
Van Oord orders autonomous survey vessel for challenging conditions
Van Oord has placed a new order with Demcon unmanned systems for an unmanned autonomous survey vessel suitable for challenging offshore conditions. The DUS V5750 model, set to be delivered in one year, can be used in support of dredging operations, installing offshore wind farms, and constructing ma
Shipping industry: Planned $5B R&D fund could support developing countries’ decarbonization
Representatives of the global shipping industry, supported by governments, have laid out proposals on how a planned global R&D fund can be tailored to support developing economies.
KCA Deutag to optimise two Cat J rigs for Equinor by adding carbon-reduction tech
KCA Deutag has been appointed to carry out an energy optimisation project for Equinor on two Cat J rigs in the Norwegian North Sea.
Norway’s Equinor not entering any new trades for Russian oil
Norwegian oil and gas player Equinor has now also decided to stop trading in Russian oil and oil products.
DOF Subsea trio scores contract extensions
Norway-based subsea and marine services provider DOF Subsea has secured contract extensions with compatriot Equinor and UK’s Shell for three of its vessels. Equinor Energy has exercised options to extend the firm periods of the contracts for platform supply vessel (PSV) Skandi Mongstad for three yea
Norwegian player’s fleet fully contracted following several new deals
After securing new deals, Island Offshore, a Norwegian offshore vessel owner, now has all 25 vessels in its fleet under contract.
Japan nods ‘yes’ for megawatt-scale tidal energy project
The government of Japan has approved the development of a megawatt-scale tidal energy project offshore Goto Islands as part of the country’s drive to decarbonize its energy system by using innovative offshore renewable energy technologies.
Kongsberg Maritime puts new technology into action
Norway’s Kongsberg Maritime has launched a new addition to the cNODE product range of acoustic modems which introduces the new capability to stream a live video feed for a variety of subsea installation tasks. The cNODE Mantis features a live video solution said to significantly increase the number
Hapag-Lloyd hires six 14,000 TEU boxships from SFL
Bermuda-based ship owning and chartering company SFL Corporation has agreed to charter out six 14,000 TEU container vessels to German container shipping major Hapag-Lloyd AG.
Equinor sets its sights on Barents Sea wildcat
Oil and gas giant Equinor has received a drilling permit from Norwegian authorities for a wildcat well located in the Barents Sea off Norway.
Norbit receives €1.5 million sonar order
Norwegian subsea technology company Norbit has received an order from an undisclosed international client for the delivery of multiple Winghead i80S sonar systems. The value of the order is approximately NOK 15 million (circa €1.5 million) and the systems are expected to be delivered in the second q
BW Offshore sends another laid-up FPSO to scrap yard
BW Offshore has arranged to recycle another one of its FPSOs at a yard in India to pursue portfolio optimisation.
Minesto shifts tidal energy focus to Faroe Islands to mitigate supply chain delays
Swedish company Minesto has decided to focus this year’s operations with its Dragon Class tidal energy converters at the established and grid-connected site in Vestmannasund in Faroe Islands.
UK takes another look at Severn Estuary’s tidal energy prospects
A new independent commission has been announced to explore the potential for tidal energy generation from the Severn Estuary, a large body of water located between England and Wales.