Business & Finance

Italian firm to build platform for gas project in Argentina
Rosetti Marino has been awarded a contract by TotalEnergies for the construction of the Fenix project platform, which will be installed off Argentina.

Authorities to investigate Nord Stream gas leaks amid suspicion of sabotage
Norwegian and Swedish seismic institutes have recorded two underwater blasts before the discovery of the gas leaks on the Nord Stream pipelines in the Baltic Sea linking Russia and Europe, prompting an investigation by authorities amid suspicions of sabotage. The leaks were detected on the Nord Stre

Norwegian firm to furnish Tidewater vessel with battery retrofit
Tidewater has ordered a battery package for one of its platform supply vessels (PSVs) from Norway’s Norwegian Electric Systems (NES).

Norwegian vessel owner to support Petrofac’s FPSO decom ops in Timor Sea
Petrofac has picked DDW Offshore to support its decommissioning and disconnecting work related to an FPSO in the Timor Sea off Australia.

UK firm on the lookout for new CFO as health issues force current one to step down
i3 Energy has initiated a process to find a new CFO as its current one has tendered his resignation due to health issues.

Construction launched for LLOG’s deepwater project in Gulf of Mexico
After assembling a group of contractors, LLOG has started the works related to the refurbishment of an old production platform for reuse on its new deepwater project in the U.S. Gulf of Mexico.

BP sanctions third subsea development offshore Trinidad
bp Trinidad and Tobago (bpTT) has decided to proceed with the development of its Cypre offshore gas project located off Trinidad and Tobago.

Buyout bid increased for Seaspan’s parent
Atlas Corporation, the owner of the world’s largest lessor of containerships, Seaspan Corporation, has received an increased bid for all of its outstanding shares from the Poseidon Acquisition Corp. The consortium, composed of David L. Sokol, Chairman of the Board of Directors of Atlas Corp., affili

Consortium lands five-year deal for BP’s Gulf of Mexico assets
BP has awarded a long-term deal for its offshore assets in the U.S. Gulf of Mexico to GW Integrated Solutions LLC (GWIS).

UK-based USV specialist expands production facilities to ‘meet demand’
UK-based HydroSurv has moved into new facilities in order to deliver expansion in production capacity for its uncrewed surface vessels (USVs) used for hydrographic and environmental data collection. HydroSurv said that the expansion of production facilities comes as a move to meet the demand for USV

Dutch firm and partners to spend over €500 mln to develop North Sea gas field
ONE-Dyas and its matrners made a final investment decision for the development of a gas field in the North Sea.

UAE player’s new MENA deal reflects growing demand and higher rates
UAE-headquartered Gulf Marine Services (GMS) has secured a new long-term contract for one of its large-size class vessels.

Baltic Pipe launches, full start-up expected one month earlier
Polish gas transmission system operator (TSO) GAZ-SYSTEM and its Danish partner Energinet have held the opening ceremony for the Baltic Pipe project at the gas compressor station in Goleniów. Energinet recently announced that the Baltic Pipe gas pipeline can be put into full operation from the end o

After deferral of well intervention work, Maersk rig days away from drilling at another field off Brazil
Karoon Energy has decided to postpone intervention activities on the fourth well at a field, located offshore Brazil.