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Business & Finance

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Trendsetter orders well intervention valves for Gulf of Mexico project from Scotland
Business & Finance

Trendsetter orders well intervention valves from Scotland

Scotland-headquartered subsea intervention technology company Interventek has secured a contract with the U.S. Trendsetter Engineering for the delivery of well intervention valves for a Gulf of Mexico project. As part of the deal, Interventek will deliver a complete set of fully qualified 20,000psi

about 3 years ago
India Ministry of Ports, Shipping and Waterways
Business & Finance

India charts path toward bunkering of green hydrogen, ammonia and methanol

India’s Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, introduced on Wednesday the ‘Harit Sagar’ Green Port Guidelines during a ceremony in New Delhi. The launch of these guidelines marks a significant milestone in India’s journey towards achieving its Zero Carbon Emission Goal by

about 3 years ago
Nova Innovation's tidal turbine (Courtesy of Nova Innovation)
Business & Finance

Scots start exploring green hydrogen production using tidal energy

Scottish company Nova Innovation is heading up a consortium to look at the potential of producing green hydrogen and oxygen from its tidal energy projects in Shetland.

about 3 years ago
Illustration/Deployment of D10 tidal turbine in 2018 (Courtesy of Sabella/Photo by Balao)
Business & Finance

TIGER project puts tidal energy in UK and France back on track

The Tidal Stream Industry Energiser Project (TIGER) has demonstrated the significant value tidal stream energy can bring to the future energy mix, economies and supply chains in both the UK and France.

about 3 years ago
Another carbon storage acquisition gig for PGS
Business & Finance

Another carbon storage acquisition gig for PGS

Following the completion of four carbon storage acquisition jobs last year, Norwegian seismic company PGS has secured another seismic acquisition contract for carbon storage. PGS did not reveal many details about the contract but did state that it was signed with an “independent energy company” and

about 3 years ago
Illustration. Source: Equinor
Business & Finance

Norway opens doors to more exploration in predefined areas with new oil & gas licencing round

Norway has launched APA 2023 round for further exploration activity, encompassing the predefined areas on the Norwegian continental shelf.

about 3 years ago
Hydrogen MoU
Business & Finance

Prominent maritime ports, academia & innovation hubs unite to accelerate hydrogen innovation

Prominent maritime ports, universities, and innovation hubs from Australia, Brazil, Chile, Portugal, the United Kingdom, and the Netherlands have joined forces in a groundbreaking initiative aimed at expediting innovation for green hydrogen. Spearheaded by the Port of Rotterdam, Newcastle, O Complex

about 3 years ago
BM-C-33 project; Source: Equinor
Business & Finance

Equinor doles out two deals for recently sanctioned $9 billion oil & gas project

Norwegian state-owned energy giant Equinor has awarded two contracts for its recently sanctioned oil and gas project in the Campos Basin offshore Brazil.

about 3 years ago
Capital Product Partners boost fleet with Asterix I LNG carrier
Business & Finance

Capital Product Partners CEO pinpoints LNG segment as ‘particularly interesting’ for growth

Greece-based shipping company Capital Product Partners L.P., which is engaged in the seaborne transportation of natural gas, containerized goods and dry cargo, has set sights on exploring further growth in the LNG space. Speaking in a recent webcast on the company’s strategy moving forward Jerry Kal

about 3 years ago
Transocean Equinox rig; Source: Transocean
Business & Finance

‘Major’ operator books Transocean’s idle rig for work off Australia

Transocean has secured a new contract in Australia for a semi-submersible rig, which has been in idle mode since October 2022.

about 3 years ago
Swedish group buys into UK subsea solutions supplier
Business & Finance

Swedish group buys into UK subsea solutions supplier

Swedish technical solutions group Addtech has entered into an agreement to acquire 90 per cent of the shares outstanding in UK subsea solutions supplier Feritech Global. Feritech is headquartered in Cornwall, UK, and provides the design and manufacture of bespoke technical solutions for the geotechn

about 3 years ago
US companies come together for integrated underwater robotic systems
Business & Finance

US companies come together for integrated underwater robotic systems

Utah-headquartered Sarcos Technology and Robotics Corporation and Pennsylvania-based VideoRay have signed an agreement to offer integrated underwater robotic systems. Under the agreement, the parties plan on combining VideoRay remotely operated vehicles (ROVs) with the Sarcos Guardian Sea Class robo

about 3 years ago
FPSO Petrojarl I; Source: Enauta
Business & Finance

With scheduled maintenance stoppage on, Brazilian FPSO goes offline

Enauta has initiated a scheduled maintenance shutdown for an FPSO, which is currently working on a field offshore Brazil.

about 3 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Business & Finance

New task for Transocean regarding rig working off Norway

Norwegian offshore safety regulator has carried out an audit of stability and marine systems on one of Transocean’s semi-submersible rigs.

about 3 years ago
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