Business & Finance
Van Oord picks Sofia inter-array cable supplier
Hellenic Cables has won a contract by Van Oord Offshore Wind UK for the supply of 66 kV inter-array cables and accessories for the 1.4 GW Sofia offshore wind project in the UK. Under the contract, Hellenic Cables will design, engineer, manufacture, test and supply approximately 360 kilometers of 66
Three suppliers to bag $900 million from drilling contracts with Equinor
Equinor has extended existing drilling contracts, covering 19 assets on the Norwegian continental shelf, with three companies.
Nova Innovation inks lease for 15MW tidal energy array at Yell Sound
Scottish tidal energy company Nova Innovation has secured a seabed lease from the Crown Estate Scotland to develop its largest tidal energy array to date at Yell Sound in Shetland.
Aker BP adds four development wells to Odfjell rig’s backlog
Aker BP will use a semi-submersible rig from Odfjell Drilling to drill four wells for its project in the North Sea.
TECO 2030 in new joint venture to deploy hydrogen fuel cells in KSA
Norwegian cleantech company TECO 2030 has signed a strategic cooperation agreement with Al Misehal Group in the Kingdom of Saudi Arabia (KSA) to form a joint venture aimed at reducing environmental impact in the country and ultimately achieving net-zero by 2060.
Equinor sets sights on two North Sea wildcats
Norway’s Equinor has secured a drilling permit for two wildcat wells located in the North Sea offshore Norway.
Sonardyne aims at safer UXO clearance with new wireless technology
Sonardyne has launched a wireless underwater initiation capacity with the aim of improving the safety and efficiency of unexploded ordnance (UXO) clearance during offshore energy projects. The Initiation Transponder 6 (IT 6) is designed to be connected directly to a remotely deployed, non-electric m
Aker BP and Lundin ink merger plan to create second-largest producer in Norway
Following an agreement to combine, Aker BP and Lundin Energy have now signed a merger plan with an aim to close the deal in mid-2022.
Normand Clipper to stay with Global Marine
Solstad Offshore and Global Marine Group have signed a contract extension for the construction support vessel (CSV) Normand Clipper. The parties decided to extend their present contract for Normand Clipper with a further three years to May 2026, and additional options thereafter. Global Marine Group
Tufton Oceanic joins zero carbon shipping centre, divests three containerships
UK’s investment company Tufton Oceanic Assets Limited has joined the Maersk Mc-Kinney Møller Centre for Zero Carbon Shipping and is continuing to divest containerships as part of its commitment to capital re-allocation.
Neptune secures drilling permit for North Sea well
Neptune Energy has received a drilling permit from Norwegian authorities for a well located in the North Sea off Norway.
Peterson brings its carbon neutral aspirations closer to reality
Energy logistics provider Peterson has made progress in advancing its aim of reaching a carbon neutral status by the end of 2022.
Transocean rigs land new jobs with better day rates
Offshore drilling contractor Transocean has secured more work for its fleet of drilling rigs, pushing its backlog up to $6.5 billion.
Gazprom Neft concludes seismic surveys in Kara Sea
Gazprom Neft, a unit of Russian gas giant Gazprom, has completed seismic surveys at the Yuzhno-Obsky license block located in the waters of the Gulf of Ob in the Kara Sea. The goal of the seismic surveying, which included six vessels equipped to work at ultra-shallow depths of less than seven meters