Business & Finance
Keppel’s digital asset lifecycle solution gets DNV nod
DNV has awarded an Approval in Principle to Keppel O&M for its suite of digital services to support an asset’s lifecycle needs.
Shearwater GeoServices joins Norway’s Centre for Geophysical Forecasting
Shearwater GeoServices has joined, as partner, the Centre for Geophysical Forecasting (CGF) at the Norwegian University of Science and Technology (NTNU).
Serica frustrated as Columbus well expected to take longer and cost more
UK oil and gas company Serica Energy is frustrated after encountering difficulties while drilling its Columbus well in the North Sea.
Seadrill Partners sheds $2.8bn debt, emerges from Chapter 11
Offshore drilling contractor Seadrill Partners has emerged from bankruptcy after successfully completing its reorganization under its Chapter 11 plan.
Three60 Energy secures seven-figure deal to aid growth
Aberdeen-based energy services company Three60 Energy has secured a seven-figure funding package to support its growth strategy.
Carbon pricing: Have we reached the tipping point?
The discussion on carbon pricing in the maritime industry is heating up, as industry stakeholders urge for a market-based measure to finally incentivize the sector’s decarbonization journey. In a nutshell, carbon pricing would impose a cost on emitting greenhouse gases (GHGs), pushing the sector to
Hibiscus and Ithaca mull concept for joint North Sea development
Hibiscus Petroleum and Ithaca Energy are revisiting the concept development for a pair of North Sea discoveries.
BP exits Shell’s Shearwater field
Tailwind Energy has agreed to acquire BP’s entire working interest in the Shell-operated Shearwater field located in the UK North Sea.
Eni to take over offshore field from Tailwind
Tailwind Energy has agreed to sell its entire working interest in the Conwy field in the East Irish Sea to Eni with effect from 1 July 2021.
Delmar Systems new owner of Vryhof
Mooring and subsea specialist Delmar Systems has announced the acquisition of Vryhof, consisting of Deep Sea Mooring and Vryhof Anchors.
Total awards North Sea supply deal to 80:20
A unit of international logistics company Peterson has won a contract from French oil major Total for the supply of general consumables and ad-hoc material supply.
In focus: Industries take new emissions-free steps as IEA maps net-zero path
Several new energy transition developments in the offshore energy and maritime sectors have made headlines this week, contributing to the global 2050 net-zero targets and – at least to some extent – to the ambitious path that International Energy Agency (IEA) mapped in its latest report. Climate ple
BASF and RWE plan to build 2 GW, subsidy-free wind farm offshore Germany
Chemicals giant BASF and RWE have presented a project to build a 2 GW offshore wind farm that would power BASF’s chemical site in Ludwigshafen, Germany, and enable CO2-free production of hydrogen. No public subsidies would be needed for the construction of the wind farm, which is already in the plan
BW Ideol to bid in French floating wind tender
BW Ideol has entered into an agreement with an unnamed partner with whom it will bid to build a floating wind farm in France. According to the company, BW Ideol formalised a partnership with “an undisclosed leading utility” during the first quarter of this year. The partners will submit a joint bid