Business & Finance
Equinor brings online one of the most profitable projects in history
Norwegian energy giant Equinor started production from the Troll phase 3 project in the North Sea off Norway on Friday 27 August.
Spirit moves to decommission North Sea field
Oil and gas company Spirit Energy has now started the first phase of preparing to decommission its Chestnut field, located in the North Sea.
Hess closes sale of Danish assets to Ineos
U.S. oil and gas company Hess Corporation has completed the previously announced sale of its subsidiary Hess Denmark ApS to Ineos E&P.
In focus: Redefining the offshore energy environment
Energy transition is bringing with it an intricate mix of options for the offshore energy and shipping sectors.
Supreme Court rejects Prosafe appeal in Westcon case
An attempt by Prosafe to appeal a court’s decision in a case against Westcon, related to Safe Scandinavia’s conversion, has been rejected.
Eco Wave Power posts half-year loss as revenues pick up pace
Swedish-Israeli wave energy company Eco Wave Power has released its financial report for the first six months of 2021, showing a wider net loss, but also an increase in revenues when compared to the same period a year ago.
SES, MARTAC team up for unmanned marine survey platforms
Subsea Europe Services (SES) and Maritime Tactical Systems (MARTAC) have signed an extensive partnership agreement to cooperate on the delivery of unmanned and autonomous marine survey platforms. The collaboration combines technology and autonomous survey platforms for new, more efficient marine dat
Ex-Total E&P Denmark boss to drive Ramboll’s energy transition ambition
Ramboll has named a former Managing Director of Total E&P Denmark to head the green transition of Ramboll’s oil & gas business.
Spirit Energy prolongs North Sea field life with new gas find
Spirit Energy has found more gas at its Grove field located in the UK North Sea, which will prolong the field life to at least 2028.
AMOG backs Hellenic Cables with dynamic cable assessment
Australia-headquartered AMOG has partnered up with Greece’s Hellenic Cables for dynamic cable assessment in the offshore wind sector. In the partnership, AMOG is delivering expertise in dynamic cable analysis, including utilization of the Vortex-Induced Vibration (VIV) software SHEAR7. According to
Solstad Offshore in fleet reshuffle with two vessels sold
Offshore vessel owner Solstad Offshore has recently sold one vessel, secured an extension for another, and sold one vessel for recycling.
Scots planning two new subsea cable factories
Peel Ports Clydeport, owner of Hunterston Port and Resource Campus (Hunterston PARC), has signed an option agreement with XLCC for two factories in Ayrshire, Scotland, that would produce high voltage direct current (HVDC) subsea cable. The overall agreement includes building a 70-acre facility that
BP hires Global Maritime for marine ops support
Marine, offshore, and engineering consultancy Global Maritime will provide specialist marine services to BP.
Van Oord picks Baltic Eagle inter-array cables
Van Oord has awarded TKF with a contract to provide the inter-array cables for the Baltic Eagle offshore wind project in Germany. TKF is in charge of the production and delivery of approximately 79 kilometers of 66 kV inter-array cables and corresponding accessories. Van Oord’s cable-laying vessel N