Business & Finance
James Fisher ticks Ithaca Energy project off to-do list
James Fisher Subtech (JF Subtech) has completed a subsea inspection, repair and maintenance (IRM) project for Ithaca Energy on its FPF-1 floating production facility located offshore Aberdeen in Scotland.
UK’s offshore mooring expert to support decom specialist’s North Sea campaign
Aberdeen-based First Marine Solutions has been awarded a contract in the North Sea by a well-decommissioning specialist, Well-Safe Solutions.
Solstad inks contract renewal for North Sea ops
Solstad Offshore has secured a long-term contract for one of its PSVs, which will enable the vessel to support operations in the North Sea.
SIMEC Atlantis sells hydro business to step up focus on tidal
SIMEC Atlantis Energy has sold its hydro power subsidiary Green Highlands Renewables (GHR) for a total of €3.5 million in a move to simplify its business structure and increase focus on tidal and power station conversion businesses.
ADC Energy bags three contract extensions for rig inspection services
ADC Energy has secured three global contract extensions for the delivery of its rig inspection, selection and audit services.
Ashtead invests in iXblue subsea technologies
Subsea technology and services provider Ashtead Technology has made an investment in iXblue’s subsea navigation system for its rental fleet.
Scorpio Tankers, Ocean Yield ink sale & leaseback deal for tanker duo
Monaco-based shipping company Scorpio Tankers has signed a sale and leaseback deal with Norwegian counterpart Ocean Yield for two long-range 2 (LR2) product tankers.
Port Bronka in Russia introduces discount for green vessels
Port Bronka, a deepwater seaport in Saint-Petersburg, Russia, has decided to reward green ships with a special bonus.
Aker BP awards new contracts to enable Valhall to operate up to 2060
Aker BP has awarded FEED contracts valued as part of its efforts to extend the life of the Valhall field located off Norway.
Ofgem inviting bids for investment in new interconnectors
UK energy market regulator Ofgem is inviting bids to bring forward investment in new electricity interconnectors under its ‘cap and floor’ revenue regime.
Energean to boost capacity by adding new oil train module to Israel-bound FPSO
Energean has signed an EPC contract with Kanfa for the supply of a second, 700-tonne oil train for the Energean Power FPSO.
Spain approves offshore wind and marine energy roadmap
Spain’s Council of Ministers, at the proposal of the Ministry for the Ecological Transition and the Demographic Challenge, has approved the Roadmap for the Development of Offshore Wind and Marine Energy. The Roadmap contains 20 lines of action with the aim of reaching between 1 GW and 3 GW of floati
UK opens biggest ever Contracts for Difference round
The biggest ever round of the UK government’s renewable energy support scheme opened on Monday, 13 December. Renewable energy projects across Great Britain can now bid for funding in the fourth round of the Contracts for Difference (CfD) scheme, which is aiming to secure 12 GW of electricity capacit
Two UK contractors in partnership to transform life of field services in North Sea
Bilfinger and Global E&C have formed Torus BGP JV to transform the delivery of late-life services for CNR International’s North Sea assets.