Business & Finance
Third Island Offshore vessel starts operating for Lundin
Offshore vessel provider Island Offshore now has three hybrid platform supply vessels (PSVs) in service for Lundin Energy in Norway.
Three largest Polish energy companies shake hands on offshore wind
Three biggest Polish energy companies, PGE, Enea and TAURON, have signed a letter of intent on cooperation on future offshore wind projects in Poland. According to the three companies, they recognise the value of the offshore wind energy sector in developing the economy and increasing the level of e
Petrojarl Banff FPSO to be recycled at M.A.R.S.
M.A.R.S. Europe has been awarded a contract by Teekay for dismantling and recycling of the Petrojarl Banff FPSO, after 21 years of service in the North Sea.
MSC to cover costs related to Maersk Elba fire
Swiss shipping major Mediterranean Shipping Company (MSC) has decided to cover the costs associated with the fire on board the containership Maersk Elba so that the vessel operator will not declare General Average.
Norway offers 61 offshore licences to 30 companies
The Norwegian Ministry of Petroleum and Energy has offered 61 production licences on the Norwegian continental shelf in the APA 2020 to 30 companies.
Spirit taps Wood for late-life solutions on Morecambe
Wood has entered into a new agreement with Spirit Energy to partner on the delivery of late-life solutions for the Morecambe Bay gas fields.
Ørsted taking part in ScotWind leasing
Ørsted is participating in the ScotWind seabed leasing round for offshore wind projects in Scotland. As part of this process, Ørsted has secured a 1.8 GW grid connection from National Grid ESO for use should it secure seabed rights following the leasing round. “Scotland has one of the most ambitious
Archer and Altus bag North Sea contract with Equinor
Equinor has awarded Archer, in alliance with Welltec Oilfield Services and Schlumberger, a contract to provide integrated wireline services.
Equinor awards one more well to Odfjell rig
Offshore drilling contractor Odfjell Drilling has been awarded more work for its Deepsea Atlantic rig by Equinor in Norway.
Solstad picks up PSV deal for work in UK North Sea
Norwegian vessel owner Solstad Offshore has been awarded a term contract for a platform supplier vessel (PSV) with an undisclosed operator.
GTT and Korea’s FTC – appeal procedure update
French LNG containment specialist GTT has been given a favorable update on the appeal procedure in a case with the Korea Fair Trade Commission.
Ex-Simec Atlantis boss to lead Global Energy Group
Energy sector service provider Global Energy Group has appointed former Simec Atlantis head Tim Cornelius to the role of group chief executive. Cornelius will be responsible for group financial performance, group strategy as well as transition management from a hydrocarbon to a low-carbon business f
OMV Petrom invests over $38 million in new Black Sea campaign
Oil and gas company OMV Petrom is making an investment of approximately EUR 32 million ($38.6 million) in a new drilling campaign in the Black Sea.
Frank Coles, CEO of Wallem Group, resigns
Frank Coles, Chief Executive Officer of the Wallem Group, has resigned and will be leaving the Wallem Group shortly, the company’s board confirmed. “As many will be aware Frank has been very active in highlighting the plight of seafarers during the Covid-19 pandemic and now wishes to become more inv