Business & Finance
Clean Oceans Initiative commits to provide €4 bln to protect oceans
Clean Oceans Initiative decided to raise its target to provide €4 billion of financing by the end of 2025, instead of the €2 billion initially expected to be reached by 2023.
Oceanteam demobilizes carousel onboard Normand Clipper (Video)
Offshore cable solutions provider Oceanteam has completed the demobilization of the 4,000-ton carousel from onboard the 128-meter long cable-laying vessel (CLV) Normand Clipper. According to the company, the operation was completed in less than a half-day and with the assistance of Bonn & Mees Drijv
FPSO redeployment uncertainty puts BW Offshore into impairment mood again
BW Offshore has warned of impairment to the value of five FPSO units due to limited potential for future redeployment.
Ocean Sun consolidates 2021 earnings
Norwegian floating solar specialist Ocean Sun has released financial results for the fourth quarter and full year of 2021.
New North Sea deal for Bilfinger UK to create 300 jobs
Bilfinger UK has secured a major contract to deliver fabric maintenance campaign services on TotalEnergies’ platforms in the UK North Sea.
Sabella closing in on €1.5M crowdfunding target
French tidal energy company Sabella has crossed a €1 million milestone in its ongoing crowdfunding campaign which remains open until the end of this month.
Basque Government grant backs project to optimize O&M in floating wind
The Basque Government has allocated a grant to a project dedicated to developing floating wind operation and maintenance technologies, including underwater image recognition technology for subsea asset integrity. The Integrated solutions for Floating Wind O&M through the development of new technolog
UK and Scottish governments seal the green freeports deal
The UK and Scottish governments have reached a partnership agreement to establish two green freeports in Scotland, reflecting the country’s net-zero aspirations.
North Sea operator hires Simon Møkster vessel
Simon Møkster Shipping has secured a new deal for one of its platform supply vessels with an undisclosed North Sea operator.
Solstad scores renewables trifecta
Norwegian vessel owner Solstad Offshore has secured contracts within the renewable energy sector for three of its subsea construction support vessels (CSVs). Normand Cutter is in charge of carrying out a 110-day firm contract for a cable project in Northern Europe. Work is set to commence this month
ORE Catapult says Acteon’s InterMoor is fit for offshore renewables
UK’s Offshore Renewable Energy (ORE) Catapult has granted InterMoor, the lead brand for Acteon’s mooring and anchors segment, a Fit for Offshore Renewables status. Fit 4 Offshore Renewables (F4OR) is a programme that verifies that UK service providers are equipped and have the key management systems
Stena rig bags new UK contract with TotalEnergies
Stena Drilling has secured a new contract for a semi-submersible rig with TotalEnergies for operations off the UK.
Boskalis Subsea Services settles in Port of Sunderland
Aberdeen-headquartered Boskalis Subsea Services has opened a new regional project office at the Port of Sunderland. Boskalis Subsea Services said it will use the base to expand the presence of its business vessel operations in the UK, as it looks to cater for growing demand for its offshore, IRM, co
Semco Maritime to service Floatel unit ahead of new job
Offshore accommodation rig provider Floatel has awarded Semco Maritime a contract for service work on a semi-submersible unit.