Business & Finance

More North Sea rigs heading for greener pastures next year, says Westwood
Business & Finance

More rigs exiting North Sea next year, despite semi-sub activity picking up in 2022, says Westwood

Despite the uptick in utilisation and award activity for the North Sea semi-submersibles, Westwood said the demand outlook for 2023 is low.

about 4 years ago
CGG to continue operating Brunei Shell Petroleum's seismic data processing center
Business & Finance

CGG to continue operating Brunei Shell Petroleum’s data processing center

France-based geophysical services company CGG has secured a multi-year extension with Brunei Shell Petroleum (BSP) to continue operating a dedicated imaging center. The imaging center is located at BSP’s head office in Seria. CGG won the contract back in 2017 to operate the center for a period of si

about 4 years ago
Offshore Energy Exhibition & Conference
Business & Finance

RWE Renewables, TotalEnergies, Van Oord and Damen to gather at offshore wind conference session during OEEC 2022

Can developers, offshore construction companies, and shipbuilders map a road for the offshore wind sector to reach massive capacity targets while avoiding bottlenecks caused by vessel shortages and port over-capacitation? But also, are some of these challenges in the industry providing opportunities

about 4 years ago
Odfjell: Boost in oil & gas investments to ramp up drilling activity as market strengthens
Business & Finance

Odfjell: Boost in oil & gas investments to ramp up drilling activity as market strengthens

Odfjell Drilling is seeing an increase in demand for offshore rigs with average utilisation of 97.1 per cent for its own fleet.

about 4 years ago
BW LPG expands its product services with latest acquistion
Business & Finance

BW LPG expands its product services with latest acquistion

Singapore-based owner and operator of LPG vessels BW LPG has completed the acquisition of Vilma Oil’s LPG trading operations to expand its product services division. The company entered into an agreement with Madrid-based Vilma Oil to acquire its LPG trading operations on 1 August 2022. The product

about 4 years ago
With no more rigs in its fleet, UK player transferring to Euronext Growth Oslo
Business & Finance

With no more rigs in its fleet, UK player transferring to Euronext Growth Oslo

UK-based offshore drilling contractor Awilco Drilling has decided to transfer from the Oslo Stock Exchange to Euronext Growth Oslo.

about 4 years ago
Steel cutting
Business & Finance

Meyer Werft cuts steel for LNG and fuel-cell powered Silver Ray

German shipbuilder Meyer Werft has started production of the cruise ship Silver Ray for Silversea Cruises hosting a symbolic steel-cutting ceremony in Papenburg on Wednesday, November 23. The cruise vessel will feature an innovative propulsion system aiming to provide sustainable travel. The Nova-cl

about 4 years ago
Sir John Fisher
Business & Finance

Watch: James Fisher takes delivery of 1st of two LNG dual-fuel tankers

British provider of marine engineering services James Fisher has welcomed MV Sir John Fisher, the first of two 6,000 dwt LNG dual-fuel tankers, to its fleet at a delivery ceremony held on November 21. Built and launched at China Merchants Jinling (CMJL) shipyard in Yangzhou, China, the dual-fuel tan

about 4 years ago
Klaveness Digital, ZeroLab roll out emissions monitoring solution for dry bulk shipping
Business & Finance

Klaveness Digital, ZeroLab roll out emissions monitoring solution for dry bulk shipping

Norwegian technology company Klaveness Digital has teamed up with ZeroLab, Torvald Klaveness’ subsidiary, on an emissions monitoring solution that is measuring emissions from global dry bulk shipping. The monitoring solution was recently added as a service to the CargoValue platform, a Software as a

about 4 years ago
Maersk
Business & Finance

Maersk’s Christiansen: It will be the end of decade before we can see some scaling-up of ammonia

Morten Bo Christiansen, Vice President of Decarbonization for AP Moller Maersk shares his views on the challenges concerning uptake of ammonia and why methanol is the best solution for Maersk right now. He added that Maersk is evaluating over 30 projects aimed at developing green fuels.

about 4 years ago
New assignment for Aquadrill drillship in Indonesia
Business & Finance

New assignment for Aquadrill drillship in Indonesia

Aquadrill and Vantage Holdings’ subsidiary have reached an agreement to provide a 6th generation drillship for operations in Indonesia.

about 4 years ago
Following Coral Sul inauguration, Eni eyes more FLNG developments off Mozambique
Business & Finance

Following Coral-Sul inauguration, Eni eyes more FLNG developments off Mozambique

During the inauguration ceremony for the Coral-Sul FLNG, Eni has broached the possibility of additional FLNG projects off Mozambique.

about 4 years ago
Oil & gas player under scrutiny for potential license breach
Business & Finance

Oil & gas firm under scrutiny over potential North Sea license breach

Amid ongoing flaring and venting crackdown, the UK’s regulator has launched a probe to look into an undisclosed oil and gas company.

about 4 years ago
Autonomous seismic survey subsea nodes set for commercial ops in 2024
Business & Finance

Autonomous seismic survey subsea nodes set for commercial ops in 2024

Blue Ocean Seismic Services (BOSS) has completed a series of passive and active seismic trials for its Marine Swarm Robotics technology, putting it on track to commence pre-commercial trials in the second half of 2023. Backed by bp Ventures, Woodside Energy and Blue Ocean Monitoring, BOSS is develop

about 4 years ago