Business & Finance
New subsea personnel recruitment company comes to market
Aberdeen-based recruitment services provider Drillmar Resources has launched a new recruitment company specializing in the subsea sector named SUBCMAR. The company will aim to strengthen the offering of energy recruitment experts to existing clients, as well as expand its presence to the internation
Offshore rig market improvement in 2021 driven by high EPC spend – Westwood
The latest analysis from Westwood has revealed a y-o-y growth for the global offshore rig market at the close of 2021.
Scotland’s 4.1 GW offshore wind project ready for geotechnical surveys
SSE Renewables is set to soon kick off further geotechnical survey work at the Berwick Bank Wind Farm located off the east coast of Scotland. The first phase which will include a borehole survey is planned to mobilize between 29 January and 1 February, with the completion expected by 22 February. Th
Neptune’s output from North Sea hub swells thanks to tie-backs
Oil and gas company Neptune Energy has increased production from its operated Gjøa platform in the Norwegian North Sea.
EC-OG rebrands to Verlume to better reflect clean-tech ambitions
EC-OG, a UK-based intelligent energy management and storage technologies specialist, has changed its name to Verlume to emphasize its energy transition ambitions.
Vår Energi puts collaboration in the spotlight for upcoming subsea contract award
Norwegian oil and gas company Vår Energi has developed a new collaboration model for suppliers of subsea equipment ahead of a new fabrication and installation contract for its entire operated portfolio. The ongoing tender for the new contract facilitates for suppliers to deliver joint solutions in a
Equinor gets the go-ahead for drilling ops in Barents Sea
Equinor has received consent from Norway’s offshore regulator for exploration drilling in the Barents Sea, using one of Transocean’s rigs.
UK pours £31.6 million into floating wind demo projects
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded £31.6 million (approximately €37.7 million) in grant funding to eleven projects through the Floating Offshore Wind (FOW) Demonstration Programme. With an aim of reducing costs as well as increasing the rate of deployme
IOG awaits survey data for clarity on next steps for delayed North Sea well
IOG is considering potential solutions to resume drilling ops in the UK North Sea while a timeline is expected after seabed survey analysis.
N-Sea charters Dutch hybrid survey and ROV support vessel
N-Sea Group has signed a long-term vessel agreement with Geo Plus for the advanced DP1 hybrid survey and ROV support vessel Geo Focus. N-Sea said the move comes as it had taken significant steps through a plan of growth by creating an environment for future investments, strategic partnerships, and l
SBM Offshore sells stake in Brazil-bound FPSO to Japanese duo
SBM Offshore has sold a minority stake in Almirante Tamandaré, an FPSO which is currently under construction to two Japanese companies.
MPS lands £3.5M government grant for floating offshore wind and wave energy tech
UK-based company Marine Power Systems (MPS) has been awarded £3.5 million in grant funding from the UK Government to further develop its floating platform technology and wave energy converter.
iXblue and TotalEnergies showcase uncrewed vehicle ops off France
France’s iXblue and TotalEnergies have completed trials of an uncrewed surface vehicle (USV) and an autonomous underwater vehicle (AUV) as part of their project to demonstrate collaborative uncrewed capabilities for subsea inspection and asset survey operations. The sea trials were conducted recentl
Industry players gather to reduce environmental impact of marine seismic surveys
Shearwater GeoServices and Equinor are extending their collaboration to include Vår Energi and Lundin Energy Norway to accelerate the development and commercialization of sustainable marine vibratory source technology. The industry project builds on the existing technology cooperation between Shearw