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Business & Finance

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UK-made subsea robots 'significantly outperform' expectations, step closer to commercialization
Business & Finance

UK-made subsea robots ‘significantly outperform’ expectations, step closer to commercialization

UK-Based Blue Ocean Seismic Services has completed a set of trials of its autonomous subsea survey vehicles said to represent a big step towards commercialization. With this latest series of trials, Blue Ocean Seismic Services said it had confirmed that its autonomous undersea robots can reliably op

about 3 years ago
FPSO Bacalhau; Source: Dalian Shipbuilding
Business & Finance

Chinese shipbuilder delivers MODEC’s new giant FPSO destined for Brazilian waters

Dalian Shipbuilding has delivered a floating production storage and offloading (FPSO) vessel bound for an Equinor-operated field off Brazil.

about 3 years ago
DNV gives the nod for Saipem's subsea pipeline digital monitoring tech
Business & Finance

DNV gives the nod for Saipem’s subsea pipeline digital monitoring tech

Italian oilfield services provider Saipem has secured DNV qualification for its technology for digital monitoring of subsea pipelines during laying operations. The technology, called Integrated Acoustic Unit (I.A.U.), has obtained the statement of qualified technology for medium and large pipelines

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Business & Finance

Aker BP gearing up to drill North Sea wildcat

Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago
Thenamaris delivers blue-ammonia cargo to China
Business & Finance

Thenamaris delivers blue-ammonia cargo to China

Athens-based ship manager Thenamaris LNG has delivered the first certified blue ammonia cargo to China. The delivery comes on the back of the first certified blue ammonia cargo to Korea in December 2022, showcasing the growing importance of ammonia as part of the global decarbonization efforts. The

about 3 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Business & Finance

Odfjell Drilling-managed rig hired to spud North Sea prospect

DNO Norge has picked one of the Odfjell Drilling-managed rigs for the drilling of a prospect in the North Sea off Norway.

about 3 years ago
Reach Subsea extends charter of 2007-built subsea vessel
Business & Finance

Reach Subsea extends charter of 2007-built subsea vessel

Norway-headquartered Reach Subsea has extended the charter of Olympic Subsea’s multifunctional subsea support and construction vessel Olympic Triton. Following a six-month charter of the vessel announced on 6 February, Reach Subsea reported that it had exercised the option to charter the 95-meter-lo

about 3 years ago
PSV Energy Swan; Source: Golden Energy Offshore Services
Business & Finance

Platform supply vessel secures more time with Repsol

Golden Energy Offshore Services (GEOS) has won another contract extension for one of its PSVs with Repsol.

about 3 years ago
Illustration; Source: Worley
Business & Finance

Shell gives three-year deal for its global projects to Worley

Shell Global Solutions International has picked Australia’s engineering company Worley to support its projects across the globe.

about 3 years ago
FPSO Petrojarl Knarr was picked for the Rosebank development; Source: Teekay
Business & Finance

Will Labour’s plans to turn Britain into renewables’ superpower shut down UK’s oil & gas sector?

The UK’s Labour has set its mind on bringing new oil and gas exploration in UK waters to an end while ushering in a green energy future.

about 3 years ago
EEC
Business & Finance

EEC shares insights on overcoming hurdles in permitting process for recycling of 1st ship

Netherlands-based ship recycling startup Elegant Exit Company (EEC) has received a green light from the Supreme Council for Environment (SCE) in Bahrain, a government entity in charge of the country’s environment strategy development, to move forward with the recycling of its first vessel. Elegant E

about 3 years ago
Ballast tank in which H2S was detected; Source: BSEE
Business & Finance

‘Dangerous’ concentrations of hydrogen sulfide found at offshore oil & gas facilities in U.S.

BSEE has looked into the circumstances surrounding four recent detections of hydrogen sulfide (H2S) during offshore operations.

about 3 years ago
Another preferred bidder status for Prysmian in the UK
Business & Finance

Another preferred bidder status for Prysmian in the UK

Cabling giant Prysmian has been selected as the preferred bidder for the Eastern Green Link 1 (EGL1) cable connection in the UK. The news came shortly after it was revealed that the Italian company had been selected for Eastern Green Link 2 (EGL2). Great Britain transmission grid owners SP Transmiss

about 3 years ago
Deepwater Invictus drillship (for illustration purposes); Source: BHP (now Woodside)
Business & Finance

U.S. offshore rig count takes another downward step

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States slipped down another notch last week.

about 3 years ago
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