Business & Finance
Mobile Offshore Wind Units project secures Enova grant
Odfjell Oceanwind has secured a pre-project grant from Enova, Norway’s fund for climate and energy technologies, to mature its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for the electrification of oil and gas installations. The grant is awarded under Enova’s full-
Seafarers COVID relief fund surpasses $1M target
The Seafarers International Relief Fund (SIRF) has reached its goal of raising $1 million to provide vital relief for seafarers and their families affected by COVID.
ADNOC, Roll Group form oil and gas heavy lifting and transport partnership
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has created a strategic partnership with Roll Group to strengthen its turnkey integrated logistics offering.
Partners wanted for UK-developed oil pipeline repair robot
UK engineering firm Forth is looking for assistance to bring the working prototype of a friction stir welding robotic crawler for oil pipeline repair to the commercial stage. The FSWBot is being developed to travel hundreds of miles down an oil pipeline to scan for defects and carry out subsequent r
Sonardyne Group names new CEO
Sonardyne Group has appointed Stephen Fasham as chief executive officer, succeeding John Ramsden who is stepping down from the role ahead of retirement. Fasham, currently the company’s chief operating officer, will assume the CEO role effective 1 September, with Ramsden remaining on the board until
Odfjell exits gas carrier business
Odfjell Gas Shipowning AS, part of Norwegian shipping and tank terminal company Odfjell SE, has entered into a transaction agreement with Singapore-based ship owner and operator BW Epic Kosan Ltd. (BWEK) for the sale of two LPG/ethylene carriers.
Tekmar and DeepWater Buoyancy ink floating wind MoU
Tekmar Group and DeepWater Buoyancy have signed a Memorandum of Understanding (MoU) to work together in the floating offshore wind sector. The partnership will offer a collective package of geotechnical assessment and engineering analysis, cable, and mooring system design, cable protection and stabi
Dana Petroleum farms into Summit’s license off UK
Summit Exploration and Production has farmed out its P.2382 (Block 22/14c) UK Central North Sea license to Dana Petroleum E&P Limited.
Ocean Infinity buys marine geotechnics firm
Marine robotics company Ocean Infinity has acquired the UK-based marine geotechnics firm Geowynd.
Cairn to farm into five Deltic Energy’s North Sea licenses
Oil and gas company Deltic Energy has entered into a binding, conditional farm-out agreement concerning five of its Southern North Sea gas licences with Cairn Energy.
TechnipFMC, Wilhelmsen, NorSea investing in deep-sea mining
TechnipFMC, Wilhelmsen and NorSea are investing in Norwegian deep-sea mining company Loke Marine Minerals (Loke) to enable the energy transition.
Hapag-Lloyd reveals strong performance in half-year results
Germany’s largest container liner shipping company Hapag-Lloyd enjoyed earnings growth in the first half of 2021 which was driven by strong demand and higher freight rates.
Repsol cleared to start production from Yme field offshore Norway
The Norwegian authorities have granted Repsol the consent for the start-up of the Yme field in the North Sea, 20 years after the last time the field was on stream.
New joint industry project targets simplified seabed investigations in offshore wind
Six industry partners have kicked off a joint industry project to develop software that integrates all GIS, hydrographic, geophysical, geological, and geotechnical data types and contractor interpretations into one software environment. The software is being developed by Norway’s Geocap, while other