Business & Finance
Maersk offloads container manufacturer for $987.3M
Danish container logistics giant A.P. Moller – Maersk has decided to sell its reefer manufacturer, Maersk Container Industry (MCI), to China International Marine Containers Ltd. (CIMC).
Alatas expands North Sea footprint with brand new contract
Alatas was awarded a three-year crane operations and maintenance contract with Ithaca Energy, strengthening its presence in the North Sea.
Odfjell Drilling to bag $20 million from extra well with Equinor
Equinor has added an additional well to a contract for Odfjell Drilling’s Deepsea Stavanger, which will see the rig busy into 3Q 2022.
Aker BP files development plan with fast-track solution for North Sea field
Aker BP has submitted a plan for development and operation (PDO) for the Frosk field to the country’s Ministry of Petroleum and Energy.
Sentencing hearing in Petrofac bribery case delayed
Petrofac has reached a plea agreement with the UK Serious Fraud Office in relation to its investigation into its historical use of agents.
Neptune gains regulatory nod for production drilling on Fenja field
Neptune has received consent from a Norwegian offshore safety authority to use the Deepsea Yantai rig for operations on the Fenja field.
Havfram set to order installation vessel for 20+ MW offshore wind turbines
Havfram is expected to place an order for a new wind turbine installation vessel (WTIV) in the next quarter of this year, the company revealed on 27 September as it announced a target of having a majority of its income coming from the renewable energy sector by the middle of this decade. The semi-su
Repsol awards extension to Esvagt vessel on Yme field
Esvagt has won a contract extension with Repsol for standby services, ERRV-services and guard vessel duties on the Yme field in the North Sea.
PGNiG buying Norwegian assets from Ineos at a reduced price
PGNiG Upstream Norway has just received approval from Norwegian authorities to acquire all assets of Ineos E&P Norge for a reduced price.
In focus: Converting jack-up rigs and combining offshore wind & hydrogen for low-carbon future
This week saw a plethora of energy transition-related news across the offshore energy industry with updates telling of alternative deployments for offshore drilling rigs, new projects combining offshore wind and hydrogen, the urgency to decarbonise the shipping sector, and more.
EWP CEO wins global challenge for women entrepreneurs award
Inna Braverman, founder and CEO of Eco Wave Power (EWP), has received the Sustainable Development Goals (SDG) Excellence Award during the 2021 WE Empower competition.
Samskip acquires Sea Connect to expand Baltic Sea footprint
Dutch transport group Samskip has decided to acquire Lithuanian shortsea specialist Sea Connect, broadening its Baltic operations.
Global seismic vessel fleet at pre-Covid level as energy transition jobs ramp up
Seismic vessel utilization has recovered to pre-Covid-19 levels in the third quarter of 2021, with about 68% of the global fleet now surveying or underway, according to a recent report by Rystad Energy. The seismic industry took a hit by the Covid-19 pandemic for several quarters, keeping nearly hal
LR buys ship data intelligence company to increase sustainability
Maritime classification society and technical services provider Lloyd’s Register (LR) has acquired GreenSteam, a marine data intelligence company specialising in improving vessel efficiency through machine learning.