Business & Finance
EMGS enters multi-client data deal
Electromagnetic Geoservices (EMGS) has entered into a framework contract with an existing customer for licensing of multi-client data from the company’s international multi-client library.
Pioneer Marine puts entire bulker fleet up for sale
Greece-based dry bulk shipowner Pioneer Marine has announced that it will sell the remaining handysize bulk carriers after which the entire company will be dissolved.
SBM Offshore closes financing for Exxon’s Payara FPSO
SBM Offshore has completed the project financing for an FPSO which is destined to operate on ExxonMobil’s Payara project in Guyana.
WITT Energy bags funding for subsea energy harvester
UK-based renewable energy technology company WITT has secured a £350,000 contract with the Defence and Security Accelerator (DASA) to develop energy harvesting technology for the subsea environment.
Repsol Sinopec extends lease for North Sea FPSO
Repsol Sinopec Resources has awarded an extension of the bareboat charter to the Bluewater-owned FPSO Bleo Holm.
Vår Energi hands out long-term deals to local suppliers
Norwegian oil and gas company Vår Energi has awarded long-term contracts for HSSEQ services to local suppliers.
French start-up poised to catch the wave to real sea trials
With the support of several European Union-funded research projects, the French wave energy start-up Seaturns has made significant advancements in the development of its wave energy technology, brining it only one step short of demonstration in real sea environment.
Prysmian inks contract for new Turkish subsea power links
Prysmian Group has officially signed the contract with Turkish utility TEIAS for the two recently announced high-voltage submarine power cable links. Earlier this month, Prysmian revealed it had secured a contract for the design, supply, installation and commissioning of two high-voltage submarine p
In focus: Time to part ways with old habits
Old habits die hard. Hence, it may be a lot more difficult for the offshore energy industry and the maritime sector to make peace with the transition they have to undergo and renounce previous business practices. The message was echoed in this week’s protest of Greenpeace environmental activists, wh
Keel laid for MSC Cruises’ eco-friendly EVO class ship
Swiss-based cruise line MSC Cruises held a traditional coin ceremony for its second seaside EVO class ship at Fincantieri’s shipyard in Monfalcone, Italy.
Greenpeace activists protest against new oil licences in Norway
Greenpeace activists have chained themselves in front of the Norwegian Ministry of Petroleum and Energy in protest against new oil licences.
Waterborne Technology Platform, EC sign partnership on zero-emission transport
The European Commission and the Waterborne Technology Platform signed a Memorandum of Understand (MoU) for a Co-Programmed Partnership under the framework of Horizon Europe. The partnership aims to accelerate the transformation of waterborne transport to eliminate all harmful environmental emissions
Dates set for Sofia supply chain meets
A series of showcases about contracting opportunities for the Sofia offshore wind project in the UK is taking place in July. Van Oord, the EPCI contractor for the project’s foundations and inter-array cables, will hold its webinar on 6 July. The Dutch company will cover concrete structures, secondar
Petrofac and SOCAR JV to support BP ops in Azerbaijan
Petrofac, in JV with SOCAR, has secured a contract worth around $25 million to support BP’s Azeri Central East project in Azerbaijan.