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Business & Finance

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UK’s new offshore wind cable testing facility to speed up nationwide production
Business & Finance

UK’s new offshore wind cable testing facility to speed up nationwide production

The Offshore Renewable Energy (ORE) Catapult, in partnership with the North East Combined Authority, is investing £2.1 million in a new offshore wind cable testing rig at its facilities in Blyth in North East England. Funded by the North East Combined Authority, the investment will allow ORE Catapul

about 1 year ago
Illustration; Source: North Sea Transition Authority (NSTA)
Business & Finance

North Sea oil & gas operators urged to up production ante by stepping up well intervention and development drilling game

As energy security concerns continue to run the show, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has called on oil and gas operators to join forces and bolster well interventions and development drilling activities to revive shut-in wells to sustain domestic oil and gas pr

about 1 year ago
ABL companies supporting geo surveys at two offshore wind areas in Portugal
Business & Finance

ABL companies supporting geo surveys at two offshore wind areas in Portugal

The Portuguese Institute for Sea and Atmosphere (IPMA) has appointed the UK-based renewable energy consultancy OWC, part of ABL Group, to support the geophysical and geotechnical surveys at two offshore wind farm areas in Portugal. ABL Group’s Portugal-based water and environmental consultancy, Hidr

about 1 year ago
Havila Borg; Source: Havila Shipping
Business & Finance

Havila lands more work for 2009-built vessel

Norwegian offshore vessel operator Havila Shipping has struck a deal with Peterson Den Helder for a platform supply vessel (PSV), which is part of its fleet.

about 1 year ago
West Elara jack-up rig; Source: Seadrill
Business & Finance

Seadrill’s 2011-built rig is hard at work in North Sea with ConocoPhillips

A 14-year-old jack-up rig, owned by Seadrill, an offshore drilling contractor, is going full speed ahead with drilling operations at an oil field in the North Sea off the coast of Norway.

about 1 year ago
Valaris 121 rig; Source: Valaris
Business & Finance

Shell, BP, Ithaca, GE Vernova book Valaris’ five rigs for oil & gas and offshore wind jobs

Bermuda-incorporated offshore drilling contractor Valaris has divested one mobile offshore drilling unit (MODU) from its fleet and found multimillion-dollar assignments for five rigs within the oil and gas and offshore wind realms.

about 1 year ago
Halliburton shakes hands with Shell for umbilical-less tubing hanger installation
Business & Finance

Halliburton shakes hands with Shell for umbilical-less tubing hanger installation

U.S.-headquartered oilfield services player Halliburton has signed a framework agreement with UK-headquartered energy giant Shell for the provision of umbilical-less tubing hanger installation and retrieval services using its Remote Operated Control System (ROCS) technology. Halliburton describes RO

about 1 year ago
MV Stena Immaculate; Source: Stena Bulk
Business & Finance

Stena Bulk offloads 2017-built oil tanker seven months after North Sea allision

Swedish tanker shipping company Stena Bulk has found a buyer for its eight-year-old oil tanker, which caught fire because of a collision with a Portuguese container ship in the North Sea, north of England.

about 1 year ago
Man pointing at offshore platform
Business & Finance

TotalEnergies spotlights €20B poured into low-carbon progress since 2020 amid legal scrutiny

In the aftermath of a court decision related to its carbon neutrality ambition, France’s energy giant TotalEnergies has shed light on its multi-energy strategy investments, highlighting its low-carbon inroads backed by a €20 billion injection over the past five years.

about 1 year ago
Rendering of possible configuration of the IQuay Regas Terminal; Source: ECOnnect Energy
Business & Finance

Floating regas solution gains ground: ECOnnect scores double pre-FEED win on LNG import projects

Norway’s technology company ECOnnect Energy has picked up two preliminary front-end engineering design (pre-FEED) deals for its modular regasification (regas) solution, said to be designed for faster delivery and be more cost-efficient than traditional floating storage and regasification units (FSRU

about 1 year ago
Courtesy of Helge Aase Nesvåg/CHC Helikopter Service
Business & Finance

Equinor charts flight path for oil & gas assets with CHC and Lufttransport as $430M chopper deal takes off

With offshore safety high up on its radar, Norway’s state-owned energy giant Equinor has hired CHC Helikopter Service and Lufttransport RW for the multi-year provision of helicopter services at multiple oil and gas projects on the Norwegian Continental Shelf (NCS).

about 1 year ago
FPSO Jotun; Source: Vår Energi
Business & Finance

Seal of approval for Vår Energi’s oil & gas drilling ops in North Sea

Vår Energi has secured the go-ahead for drilling activities in the North Sea, off the coast of Norway.

about 1 year ago
Italian shipbuilding major unveils its first underwater drone system
Business & Finance

Italian shipbuilding major unveils its first underwater drone system

Italian shipbuilding group Fincantieri has launched its first underwater drone system for the protection of critical underwater infrastructure in both civil needs and defense and security applications. The DEEP platform consists of a network of underwater sensors for early warning, a command and con

about 1 year ago
DOF’s subsea duo gets prolonged assignments in Guyana
Business & Finance

DOF’s subsea duo gets prolonged assignments in Guyana

Norwegian vessel owner DOF Group has secured contract extensions that will keep two subsea vessels at work in Guyana. The contracts of Skandi Nomad and Skandi Constructor, both operating in Guyana, have been extended by one year each. Thanks to the extensions, the 2010-built Skandi Nomad is contract

about 1 year ago
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