Business & Finance
Focusing on productivity and sustainability
While dredging is often seen as a dirty and unattractive business, it plays a vital role in keeping ports and waterways around the world open for commerce, transport and recreation. Every year, billions of tonnes of sediment are carried down rivers and along coastlines where they settle onto sea and
Resen Waves, Ulstein Belga Marine team up for smart power buoys
Danish wave power company Resen Waves has signed a partnership agreement with Ulstein Belga Marine to deliver smart power buoys to the Brazilian offshore energy industry.
Equinor to put new oil & gas find on stream immediately
Equinor and partners Total and Vår Energi have struck oil and gas in a new segment belonging to the Tyrihans field in the Norwegian Sea.
Eidesvik’s Acergy Viking becoming eco-friendly
Eidesvik Offshore is set to upgrade its service operation vessel (SOV) Acergy Viking as part of the company’s ambition to reduce its fleet emissions by 50% by 2030. Acergy Viking will be updated with a battery pack and hybrid propulsion solution, which is expected to bring to a reduction of diesel c
Spirit Energy extends the life of North Sea gas field
The Spirit Energy-owned York gas field located has been given another three years of life following a successful life extension project.
Maersk Drilling adds another Aker BP well to backlog
Offshore rig owner Maersk Drilling has secured an additional one-well contract for the low-emission rig Maersk Integrator with Aker BP.
Eurazeo launches €300M maritime fund to boost decarbonization
French investment company Eurazeo is launching a sustainable maritime infrastructure thematic fund to finance more environmentally friendly infrastructure and technologies in the maritime sector that support the transition to a low carbon economy.
Equinor halves the number of serious safety incidents
Equinor has more than halved the number of serious safety incidents in the company in 1Q of 2021 compared to the same period of 2020.
Aker BP cleared to use Odfjell rig for Skarv wells
Norway’s safety watchdog has given its consent to Aker BP to use the Deepsea Stavanger rig for the Skarv field wells.
Greenlink names construction chief
Greenlink Interconnector has appointed Paul O’Rourke as construction director for the 500MW subsea link that will connect the grids in Ireland and the UK.
Solstad secures long-term vessel job in North Sea
Norwegian offshore vessel owner Solstad Offshore has signed a contract with TAQA Bratani for the platform supply vessel Sea Flyer.
Yara to offer wind-assisted propulsion solutions
Yara Marine Technologies has partnered up with BAR Technologies to design and implement wind-assisted propulsion for the shipping industry. Under the agreement, Yara Marine will offer WindWings in its portfolio to ship owners and manage the value chain of procurement, construction, installation, ser
Equinor shareholders to vote on energy transition plan
Equinor has informed that, starting in 2021, it will submit its energy transition plan for advisory vote to shareholders.
Terna picks Next Geosolutions for Tyrrhenian Link survey
UK-based geoscience and engineering services provider Next Geosolutions has secured survey work for the western part of the Tyrrhenian Link interconnector.