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Business & Finance

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Edda Freya; Source: DeepOcean
Business & Finance

DeepOcean lands new job at Equinor’s two oil & gas fields in Norwegian waters

DeepOcean has won a new installation assignment at two oil and gas fields off the coast of Norway with the country’s state-owned energy giant Equinor.

about 1 year ago
George W. Goethals
Business & Finance

Jan De Nul orders rock installation vessel for protection of subsea infrastructure

Jan De Nul has ordered a new subsea rock installation vessel (SRIV) in response to the growing global demand for the protection of underwater infrastructure. The vessel will primarily focus on projects in the energy sector, with the North Sea and Southeast Asia regions being the core of its operatio

about 1 year ago
Illustration; Source: Serica Energy
Business & Finance

$25.6M acquisition expanding Serica’s North Sea footprint

The UK-based upstream oil and gas player Serica Energy has signed a sale and purchase agreement to acquire 100% of the issued share capital of Prax Upstream from Prax Exploration & Production.

about 1 year ago
BP’s Andrew field; Source: BP
Business & Finance

BP entrusts Three60 Energy and AF Offshore JV with decom gig at North Sea field

BP has hired a new joint venture (JV) between Three60 Energy (THREE60) and AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, on a multimillion-pound assignment for integrated decommissioning services at its field on the UK Continental Shelf (UKCS).

about 1 year ago
floating solar, source: Ciel & Terre
Business & Finance

France commissions 23 MWp floating solar project

A 23 MWp floating solar plant has been commissioned at the Arroux gravel pits in Saone-et-Loire, French floating solar company Ciel & Terre said. The project spans five lakes and includes 40,000 solar panels connected to 50 inverters. According to Ciel & Terre, the annual output is estimated at arou

about 1 year ago
Solstad Maritime's CSV stays with DeepOcean for another year
Business & Finance

Solstad Maritime’s CSV stays with DeepOcean for another year

Norway’s Solstad Maritime has secured a contract extension for one of its construction support vessels (CSVs) with DeepOcean. The one-year contract extension for the CSV Normand Ocean commences on January 1, 2026, in direct continuation of the current contract. The vessel will begin a firm contract

about 1 year ago
Tripartite partnership set up for global survey-augmented ROV services
Business & Finance

Tripartite partnership set up for global survey-augmented ROV services

French underwater robotics company Forssea Robotics has entered into an agreement with Mauritius-headquartered Deep Ocean Search (DOS) and its French sister company The Deep Company (TDC) to deploy survey-augmented remotely operated vehicle (ROV) services globally. Forssea said that this shall boost

about 1 year ago
UK firm nets cable lay award in APAC, opens office in Singapore
Business & Finance

UK firm nets cable lay award in APAC, opens office in Singapore

Aberdeen-headquartered Maritime Developments Limited (MDL) has secured a subsea installation project in the Asia Pacific (APAC) region, an award that came shortly after the opening of an office in Singapore. The award covers the laying of two cables and two umbilicals in water depths of between 800

about 1 year ago
Hapag-Lloyd and DHL boost efforts to drive adoption of sustainable marine fuels
Business & Finance

Hapag-Lloyd and DHL boost efforts to drive adoption of sustainable marine fuels

Hapag-Lloyd and DHL signed a three-year framework agreement for the purchase of Scope 3 GHG emission reductions resulting from the use of sustainable marine fuels within Hapag-Lloyd’s fleet.

about 1 year ago
Åsgard B platform; Credit: Gudmund Nymoen/Equinor
Business & Finance

Equinor unleashes gas recovery boost in Norwegian waters with subsea upgrade

Norwegian state-owned energy giant Equinor has kicked off the next phase of its subsea compression quest in the Norwegian Sea to up the gas recovery ante at its asset off the coast of Norway.

about 1 year ago
Eagle Explorer
Business & Finance

Cypriot firm to start work in Western Hemisphere in mid-November

Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has won a new contract for its vessel Eagle Explorer in the Western Hemisphere. Eagle Explorer will be deployed for ocean bottom node (OBN) source work under a contract that has a firm duration of approximate

about 1 year ago
Troll B platform; Credit: Øyvind Hagen/Equinor
Business & Finance

New export route for North Sea gas output as pipeline gets thumbs-up

Given its dedication to curbing the decline in gas production over the coming years, the Norwegian Offshore Directorate (NOD) has given its seal of approval for a new gas export solution, delivering another path for gas exports from a platform in the North Sea, which enhances Norway’s energy securit

about 1 year ago
Construction starts on methanol-ready subsea rock installation vessel for offshore wind
Business & Finance

Construction starts on methanol-ready subsea rock installation vessel for offshore wind

Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI), a partnership between The CSL Group and Offshore Wind Logistics (OWL), has commenced construction of its first subsea rock installation (SRI) vessel. The company announced in November 2024 that it had placed an order for the constructio

about 1 year ago
Illustration; Source: Weatherford
Business & Finance

Weatherford lands eight-year job with European gas producer

U.S. oilfield services company Weatherford International has secured a multi-year assignment with SNGN Romgaz, described as Romania’s largest natural gas producer and main supplier, as well as the third-largest gas producer in Europe.

about 1 year ago
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