Business & Finance
Bluewater confirms deal to deliver turret mooring system for Chinese FPSO
Bluewater has secured a contract for the engineering, procurement and construction of a mooring system for an FPSO to be located off China.
In focus: the world gathers to curb climate change
During the COP26 conference, nations are expected to speak out their ambition towards mitigating climate change. These pledges will have an effect on the offshore energy and maritime industry.
Noble confirms consistent signs of recovery in rig market as new deals come in
Echoing the sentiment of its rivals Transocean and Valaris, Noble has said it is seeing consistent signs of recovery in the offshore rig market.
With 17 rigs now booked, Borr hopes to fully contract fleet by 2022
Borr Drilling now has 17 rigs contracted or committed amid strong demand for offshore rigs and is on track to fully contract its fleet by 2022.
CGG Q3 2021 numbers up as reservoir optimisation activities increase
France-based geophysical services company CGG has reported a segment revenue of $270 million for the third quarter of 2021, up 35% year-on-year and 71% sequentially.
Cargotec, Konecranes reveal post-merger operating model
Finnish engineering majors Cargotec and Konecranes, which launched in 2020 a process to merge the two entities, have unveiled the operating model and leadership team of the future company.
Highest fleet utilisation since 2019 nearly quadruples Prosafe revenues
Prosafe has achieved the highest quarterly fleet utilisation rate since 2019, nearly quadrupling its revenues when compared to 3Q last year.
One-on-one with TrustLube
Chiel van Daelen, CEO of TrustLube, tells our Live studio host Coco Kossmann about the importance of the company’s environmentally-friendly lubrication systems.
PortXL and Buccaneer talk innovation, start-ups and the importance of social skills
Carolien Vat-Sandee, director and co-founder of PortXL, and Seriena Bal, managing director of Buccaneer, tell us all about the importance of start-ups for established players, what makes a successful innovation, their leadership and accelerator programs, and more.
Wintershall Dea embarks on last part of Nova campaign ahead of first oil
Wintershall Dea has begun the last part of the Nova drilling campaign from the Scarabeo 8 rig after originally starting about a year ago.
MMT books Solstad’s Far Superior
Noraway’s Solstad Offshore has secured a contract with MMT Sweden for the construction support vessel (CSV) Far Superior.
Providence all done with Barryroe site survey off Ireland
Providence Resources has completed the site survey at the K drilling location of the Barryroe field in the North Celtic Sea.
Contract extensions for Siem Stingray and Siem Spearfish
Norwegian subsea shipping company Siem Offshore has secured contract extensions for its offshore subsea construction vessels (OSCVs) Siem Stingray and Siem Spearfish. Siem Stingray will continue working for GE Renewable Energy under a contract secured at the beginning of the year. The extension will
Cairn Energy plans to change its name
Oil and gas company Cairn Energy has revealed plans to change its company name effective from 13 December 2021.