Business & Finance
Subsea 7 wins major contract with mystery client
Subsea 7 has secured a “major” contract with an undisclosed client that extends the engineering, project management, and procurement scope of an award announced in mid-March.
Horisont Energi talks Barents Blue ammonia project with infrastructure investors
Norwegian carbon tech company Horisont Energi has been discussing the financing of the Barents Blue ammonia plant with a number of infrastructure investors.
Polish PGNiG and Qatari Black Cat join forces for oil & gas projects
PGNiG and Black Cat have signed a Memorandum of Understanding to cooperate on oil and gas production projects in the Gulf region.
Eidesvik scores long-term contract with Aker BP
Eidesvik Offshore has been awarded a three-year charter contract with the Norwegian oil and gas company Aker BP for its Viking Lady PSV.
Bureau Veritas delivers first certification of an unmanned surface vessel
Bureau Veritas has delivered an Approval in Principle (AiP) to iXblue for its innovative unmanned surface vessel (USV) DriX.
Russia’s Lukoil joining BP’s exploration project in Caspian Sea
Russia’s oil and gas company Lukoil is entering BP’s exploration project located in the Caspian Sea offshore Azerbaijan.
SIMEC Atlantis brings in £2.6 million through share placing
SIMEC Atlantis Energy, the developer behind the MeyGen tidal energy project, has conditionally raised £2.6 million in gross proceeds through the issue of new shares that will be used to fund the delivery of the company’s ‘first-of-a-kind’ projects.
Omega Subsea to provide services onboard Normand Frontier
Omega Subsea has secured a contract with Norwegian shipping company Solstad Offshore for the provision of ROV management and maintenance services, among others.
Equinor and Rosneft in carbon management tie-up
Norway’s and Russia’s oil and gas giants, Equinor and Rosneft, have signed an agreement on collaboration in carbon management.
IOG boasts successful flow test at Blythe development well
IOG has flow tested the Blythe development well in the North Sea with gas in place and recoverable volumes in line with prognosis.
Hellenic Cables hires Tekmar for subsea cable protection
Tekmar Energy has secured a contract with Hellenic Cables to supply bend restrictors for subsea cable projects in Denmark and Greece. The contract will see Tekmar Energy design, manufacture, and supply bend restrictors for the København02 (KBH02) submarine cable project in Denmark, to protect a 145k
Equinor bites the dust in Norwegian Sea
Equinor has completed drilling operations on an appraisal well southwest of the Norne field in the Norwegian Sea and the well is dry.
DNO Norge makes minor oil find in North Sea
DNO Norge has encountered a minor oil discovery on the Gomez prospect during the drilling of a wildcat well offshore Norway.
JDR reveals plan for new subsea cable manufacturing facility
JDR Cable Systems is planning to open a new £130 million subsea cable manufacturing facility in Cambois, near Blyth, Northumberland.