Business & Finance
Norden benefits from dry bulk market’s bumper year
Danish shipping company Norden is capitalizing on rising asset values in the dry cargo market through vessel sales, with several units sold in the past few months.
BOSS done with sea trials series in North Sea
UK-based pioneer of autonomous seabed robots Blue Ocean Seismic Services (BOSS) has completed a series of passive and active sea trials in the North Sea using a DP2 class multi-role vessel.
OKEA abandons North Sea oil project plans
Oil and gas company OKEA has decided to propose to the licence partners not to develop its operated North Sea discovery further.
Ocean Infinity buys Red Rock with focus on autonomous port ops
Marine robotics company Ocean Infinity has acquired Red Rock, a technology company focused on solutions that aim to enable autonomous port operations. The acquisition will combine Ocean Infinity’s Armada robotic vessels and low emission operations with Red Rock’s ability to develop hardware and soft
IOG halts North Sea ops after issue found on Noble rig’s leg
While moving to start drilling ops in the UK North Sea for IOG, an issue has been found on one of the legs of a Noble Corporation-owned rig.
Transocean sets target for emissions reduction across its rig fleet
Transocean has committed to reducing operating Scope 1 and Scope 2 greenhouse gas emissions intensity by 40 per cent from 2019 levels by 2030.
Peterson eyes carbon neutral status by the end of next year
International energy logistics provider Peterson has disclosed its sustainability goal to be carbon neutral by the end of 2022.
Subsea 7 sets net-zero by 2050 goal
Subsea engineering, construction and services company Subsea 7 has revealed its target to achieve Net Zero greenhouse gas (GHG) emissions by 2050.
Aker BP spuds North Sea prospect with Maersk rig
Aker BP has started drilling operations on its Mugnetind exploration well located offshore Norway, using a Maersk Drilling-owned jack-up rig.
Vår Energi’s new discovery at lower end of pre-drill forecast
Norwegian oil and gas company Vår Energi has made a discovery at the Rødhette exploration well, located in the Barents Sea off Norway.
Two players working to bring North Sea prospect to drill-ready status
Orcadian Energy has reached a non-binding agreement with Carrick Resources related to a farm-out of a prospect in the UK North Sea.
Stena rig wraps up North Sea well for Tailwind
Tailwind has revealed that the Evelyn development well, in the UK North Sea, has been drilled, completed, and tested using a Stena rig.
Eidesvik and Wärtsilä bringing to life world’s first ammonia conversion project
Eidesvik has signed a cooperation agreement with Wärtsilä to retrofit an offshore supply vessel with an ammonia-fuelled combustion engine.
Turkish drillship gearing up for Black Sea mission – gallery
Turkey’s TPAO is preparing its drillship Yavuz for a mission in the Black Sea with the vessel now heading to the Port of Filyos.