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Business & Finance

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Ilustration
Business & Finance

BMS United, Bunkernet, and SBI merge to form Baseblue

Marine fuel supply companies BMS United Bunkers, Bunkernet, and SBI bunkering BV have entered into a definitive merger agreement to create Baseblue. The trio said that the merger would result in a larger and financially more reliable company. As disclosed, Baseblue will also offer a wider range of s

about 3 years ago
New owner takes delivery of Solstad CSV
Business & Finance

New owner takes delivery of Solstad CSV

Normand Ships, a wholly owned subsidiary of Solstad Offshore, has delivered the construction support vessel (CSV) Normand Jarl to an undisclosed new owner.

about 3 years ago
Equinor extends charter of Havila PSV
Business & Finance

Equinor extends charter of Havila PSV

Norwegian offshore vessel owner Havila Shipping has secured another contract with compatriot oil giant Equinor for one of its platform supply vessels (PSVs). Havila reported on 15 February that Equinor awarded the contract to the PSV Havila Clipper. The contract is for a firm period of six months, i

about 3 years ago
Aker Solutions
Business & Finance

Aker Solutions’ Brazilian arm becomes a victim of cyber attack

Norway’s offshore engineering contractor Aker Solutions has revealed that its subsidiary CSE in Brazil was subjected to a cyber attack, which impacted its IT systems.

about 3 years ago
UK pours additional £60 million into green maritime sector
Business & Finance

UK pours additional £60 million into green maritime sector

The UK’s race to decarbonise the maritime sector has been given another boost, with £60 million in government funding for the development of green maritime technologies.

about 3 years ago
Bulker
Business & Finance

Safe Bulkers keeping eye on the prize with ambitious fleet renewal, eco-upgrades

Monaco-based dry bulk shipping company Safe Bulkers is set to welcome eight eco-newbuilds in the upcoming two years pushing its fleet with improved energy efficiency to 23 ships. The company’s fleet currently consists of 44 vessels, with 12 of them being eco-ships built after 2014, and three of them

about 3 years ago
Petrobras picks permanent reservoir monitoring system for Brazil’s third-largest oil field
Business & Finance

Petrobras picks permanent reservoir monitoring system for Brazil’s third largest oil field

Brazilian oil and gas giant Petrobras has awarded Alcatel Submarine Networks (ASN) and Maersk Supply Service (MSS) with a contract for the supply and installation of a permanent reservoir monitoring (PRM) system on a field located in the Santos Basin offshore Brazil. The contract includes the engine

about 3 years ago
Blackford Dolphin rig; Source: Dolphin Drilling (video)
Business & Finance

WATCH: Semi-submersible rig sets off to Nigeria to embark on its drilling assignment

One of Dolphin Drilling’s semi-submersible rigs is now on its way to Nigeria, where it will start its new drilling campaign in March 2023.

about 3 years ago
Dorado FPSO; Source: Santos
Business & Finance

Key regulatory approval in place for Dorado oil project development and sanctioning

Santos has received acceptance from the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) of the Offshore Project Proposal (OPP) relating to its operated Dorado oil project offshore Australia.

about 3 years ago
Illustration (Courtesy of Flex Marine Power)
Business & Finance

Scottish company secures over €1M to advance tidal energy turbine

Scottish company Flex Marine Power has been awarded significant funding from the UK government’s Energy Entrepreneurs Fund (EEF) to further develop and demonstrate its low-cost tidal energy turbine.

about 3 years ago
Equinor awards EPCI Hammerfest LNG contract to Aibel
Business & Finance

Equinor awards EPCI Hammerfest LNG contract to Aibel

Norway’s energy company Equinor has granted compatriot energy services company Aibel an engineering, procurement, construction, and installation (EPCI) contract for Hammerfest LNG modifications in connection with the Snøhvit Future project. The contract, awarded on behalf of the Snøhvit partnership,

about 3 years ago
Greenpeace activists end 13-day occupation of Shell's oil platform (Gallery)
Business & Finance

Greenpeace activists end 13-day occupation of Shell’s oil platform (Gallery)

Greenpeace activists have disembarked Shell’s oil platform at the port of Haugesund in Norway after 13 days of occupation and a journey of almost 4,000 kilometers from the Canary Islands, with no arrests having taken place. Four activists boarded the floating production storage and offloading (FPSO

about 3 years ago
Uranus rig; Source: Trillion Energy
Business & Finance

Jack-up rig goes back to previous Black Sea well, as earthquakes delay delivery of tools

Trillion Energy has moved back to the previous well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
FPSO Atlanta; Source: Yinson (video)
Business & Finance

How far has the upgrade work for Enauta’s Brazil-bound FPSO come?

Yinson has shared an update on the developments regarding the conversion and upgrade of an FPSO, which will operate for Enauta off Brazil.

about 3 years ago
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