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Business & Finance

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Borgland Dolphin drilling rig; Source: Dolphin Drilling
Business & Finance

Dolphin Drilling pops up as front-runner in India’s rig tender

Dolphin Drilling has emerged as the lowest bidder in Oil India Limited’s rig tender for a long-term drilling contract offshore India.

about 3 years ago
SBM Offshore's Fast4Ward FPSO design; Source: SBM Offshore
Business & Finance

On mission to decarbonise FPSO ops, SBM Offshore and MHI offer CO2 capture solution

SBM Offshore has joined forces with Japan’s Mitsubishi Heavy Industries Ltd. (MHI) to offer a CO2 capture solution for a floating production, storage, and offloading (FPSO) vessels while they produce oil and gas from offshore reservoirs.

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about 3 years ago
World's first methanol-powered boxship (Courtesy of A.P. Moller-Maersk)
Business & Finance

Maersk CEO: 19 out of 25 green methanol-fuelled containerships already in production

Maersk, a pioneering force in the shipping industry, is well on its way to completing its ambitious newbuilding program comprising 25 ships powered by green methanol. Speaking at today’s historic naming ceremony for its first methanol-powered ship, Vincent Clerc, CEO of A.P. Moller Maersk, revealed

about 3 years ago
Deepwater Aquila (ex-West Aquila) drillship; Source: DSME
Business & Finance

Transocean’s newbuild drillship going to Brazil for its inaugural job

Transocean has secured a new long-term contract for a newbuild ultra-deepwater drillship, which will enable the rig to work with a national oil company offshore Brazil.

about 3 years ago
Aquanaut subsea robot gets to work for Shell
Business & Finance

Aquanaut subsea robot gets to work for Shell

Nauticus Robotics, a U.S.-based developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, has entered into a service contract with energy giant Shell for the use of its subsea robot. The initial scope of work covers inspection services on Shell’s subse

about 3 years ago
P-75 operates in the Búzios field, in the pre-salt of the Santos Basin; Source: Petrobras
Business & Finance

Petrobras sets its cap on pursuing further decarbonisation pieces in energy transition puzzle

Brazilian state-owned oil and gas giant Petrobras has notched new emissions reduction milestones, thanks to two of its giant fields in the pre-salt of the Santos Basin recording emissions below the world average last year.

about 3 years ago
Finnsirius
Business & Finance

Finnlines names 1st of two Superstar vessels

The new ro-pax vessel Finnsirius, part of Finnlines EUR 500-million Green Investment Programme, was named at a festive ceremony in Naantali on 13 September 2023. Following the tradition at maritime namings, ship’s godmother Tiina Ahola, representing the Ahola Group, broke a bottle of champagne again

about 3 years ago
First UK-German energy link on track with construction ramping up
Business & Finance

First UK-Germany energy link stays on track with construction ramping up

Prysmian has begun horizontal directional drilling (HDD) works that will allow the subsea cables for the first-ever energy link between the UK and Germany to be brought on land. Led by global investors Meridiam, Allianz Capital Partners, Kansai Electric Power and TEPCO, NeuConnect will become one of

about 3 years ago
KKR acquires 42% non-controlling interest in Sempra’s PALNG Phase 1
Business & Finance

KKR acquires 42% non-controlling interest in Sempra’s PALNG Phase 1

Sempra Infrastructure, a subsidiary of U.S. major Sempra, has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG (PALNG) Phase 1 project to investment management company KKR. The transaction results in Sempra Infrastructure retaining a controlling 28% indirect inte

about 3 years ago
FPSO Sepetiba; Source: Petrobras
Business & Finance

New FPSO comes to work on Brazil’s third largest oil field

Petrobras has welcomed the arrival of an FPSO, which will work on the company’s giant oil field in the Santos Basin offshore Brazil.

about 3 years ago
German partners shake hands for offshore wind surveys
Business & Finance

German partners shake hands for autonomous offshore wind surveys

German offshore wind services provider WINDEA Offshore and marine data acquisition company Subsea Europe Services have entered a strategic sales partnership to provide autonomous surveying for the offshore wind industry. The two companies plan to deliver hydrographic survey and underwater inspection

about 3 years ago
Illustration/Offshore energy crew preparing to install MeyGen tidal energy turbine off Scotland (Courtesy of SIMEC Atlantis)
Business & Finance

UK: Offshore energy jobs could double by 2030 if successful transition from fossils to renewables is achieved

A new report by Robert Gordon University has found that the UK offshore energy workforce can increase by up to 50% from over 150,000 in 2023 to 225,000 by the end of the decade with new renewable jobs outnumbering oil and gas roles if a successful transition is achieved.

about 3 years ago
TotalEnergies launches call for tenders for green hydrogen supply
Business & Finance

TotalEnergies launches call for tenders for green hydrogen supply

As part of the decarbonization of its European refineries, French major TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The company claimed that green hydrogen would make it possible to avoid the emission of around five million tons of CO2 per

about 3 years ago
Illustration; Source: Qatargas, now QatarEnergy LNG
Business & Finance

Qatargas rebrands to spotlight LNG’s ‘critical’ role in energy security and low-carbon transition

Qatargas has changed its name to reflect its future vision and strategy for the country’s liquefied natural gas (LNG) sector.

about 3 years ago