Diamond Offshore’s semi-submersible rig has started its first assignment with Repsol in the UK sector of the North Sea.
Commodities trading group Trafigura has entered into two revolving credit facilities for a total combined amount of $400 million, with insurance from the Export-Import Bank of the United States (US EXIM), to supply European customers with LNG. The company said the facilities will exclusively be used
Petrofac has been awarded a three-year contract extension in support of Repsol Sinopec Resources UK’s North Sea operations.
Solstad Offshore has secured contract extensions with Equinor, Subsea 7, and DeepOcean for one of its AHTS vessels and two CSVs.
TotalEnergies has hired Denmark’s Semco Maritime for a gas lift project on an unmanned wellhead platform in the Danish part of the North Sea.
The Poseidon Principles have updated their global framework for assessing and reporting financial institutions’ shipping portfolios’ alignment with climate goals to the IMO’s revised GHG strategy adopted in July 2023. Pioneered in 2019 by Citi, Societe Generale, and DNB with the support of the Globa
OKEA has brought on stream its first operated development project as a subsea tie-back to an existing platform in the Norwegian Sea.
Despite the growing opposition to fossil fuels, natural gas, primarily LNG, is still the top contender for the transition fuel, which will bridge the gap towards the sought-after low-carbon and green energy future.
Nauticus Robotics is set to acquire 3D at Depth, a Colorado-based provider of subsea laser LiDAR (Light Detection and Range) inspection and data services. The strategic acquisition is said to enhance Nauticus’ full spectrum of autonomous underwater maritime capabilities, including integrated sensor
Scottish company QED Naval has ‘constructive discussions’ with MP of Anglesey Virginia Crosbie, taking the opportunity to outline its plans for the development of 4.5MW tidal energy project off Holy Island, along with associated operations. A strong advocate for decarbonization, Crosbie believes tha
UK-headquartered energy services provider Expro has completed the acquisition of Houston-based offshore services provider PRT Offshore, said to enable the company to enhance its portfolio of services and solutions within the subsea well access sector in North and Latin America. The acquisition is al
Altera Infrastructure has secured contracts for the redeployment of an FPSO vessel and a shuttle tanker, which will be converted into an FSO.
Subsea services provider DeepOcean has completed a decommissioning project on a Fairfield Energy platform located on the UK continental shelf, with work conducted from a hybrid-battery-powered construction support vessel (CSV). As part of its scope, DeepOcean removed six subsea conductors and four v
Dyna-Mac has tucked in a new batch of contract wins with existing customers worth a total provisional sum of S$88 million (over $64.1 million), expanding its net order book to S$630.7 million (more than $459.4 million).
