Business & Finance
Asso.subsea to install cables at Danish offshore wind pair
Vattenfall has awarded Asso.subsea with a contract for the transportation, installation, protection and commissioning of the 66 kV export and inter-array cables for the Vesterhav Nord and Syd offshore wind projects in Denmark.
CMA CGM adds 62 ships, reports profit of $5.6B
CMA CGM delivered a strong financial performance for the third quarter of 2021 with a net income rising to $5.6 billion from $567 million seen in Q3 2020.
Repsol shuts in Yme field only weeks after start-up
Spain’s Repsol has been forced to halt production from its Yme field less than a month after the oil production started.
Nova Innovation launches investment round
Scottish tidal energy company Nova Innovation has opened a crowdfunding campaign on the Seedrs investment platform.
Borr rig spuds Dutch North Sea well for Kistos
Borr Drilling’s jack-up drilling rig has spudded Kistos’ Q11-B well in the Dutch North Sea.
Swire Projects inks long-term charter deal with Nordic Projects & Finance
Swire Projects, the projects division of Swire Shipping, has signed an agreement with the Hamburg-based Nordic Projects & Finance (NPF) for the long-term charter of six multipurpose (MPP) heavy-lift vessels.
Jersey adds new board members with expertise to complete North Sea project farm-out
Jersey has appointed new members to its board, which are expected to possess the expertise required to complete the farm-out process for the GBA development project in the North Sea.
Neptune preparing for busy year ahead with more wells added to Odfjell rig
Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai rig to include additional wells in the North Sea next year.
Offshore watchdog looking into structural safety issues on Maersk rig
The Petroleum Safety Authority has discovered a total of four irregularities and improvement points during an audit of the Maersk Drilling-owned Maersk Reacher jack-up rig.
In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future
As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.
Norway’s October oil output rises above predictions
Norway’s oil production in October 2021 exceeded the NPD’s predictions by 2.8 per cent, while the gas output also experienced a boost compared to September.
Ashtead Technology to begin trading on London stock exchange
Ashtead Technology is set to begin publicly trading on the London Stock Exchange’s Alternative Investment Market (AIM) on 23 November with support from new institutional investors.
Gasum closes Risavika LNG sale with NSMP
The Nordic energy company Gasum has closed the divestment of Risavika LNG, its LNG liquefaction plant in Norway, to North Sea Midstream Partners (NSMP) on 16 November.
Ithaca Energy hires Solstad vessel for North Sea ops
Norwegian offshore vessel owner Solstad Offshore has inked a contract for one of its vessels with Ithaca Energy for operations in the North Sea.