Business & Finance
Carbon Ridge secures funds for onboard carbon capture tech development
Carbon Ridge has raised $6 million in funding to continue the development of its OCCS technology for an onboard pilot in 2023.
Sonardyne opens new South East Asia HQ
UK-headquartered marine technology company Sonardyne has officially opened its new South East Asia headquarters in Singapore. The three-story facility, located at Loyang Offshore Supply Base, has been completely remodelled and refitted to meet Sonardyne’s operational needs. It comprises offices and
Gas production starts from new well off Egypt
E&P company Energean has announced a new gas production from the Abu Qir concession located offshore Egypt.
Five-year drilling deal in UK for oilfield services provider
Archer has secured a long-term platform drilling contract – worth around $50 million – in the UK with an undisclosed operator.
UK’s first carbon storage licensing round brings 26 bids from 19 players
The UK’s first-ever carbon storage licensing round, encompassing 13 areas, has attracted 26 bids from 19 industry players.
TechnipFMC wins EPCI contract for Shell’s North Sea gas project
Shell has awarded TechnipFMC with an engineering, procurement, construction and installation (EPCI) contract for the Jackdaw development offshore the UK. The contract covers pipelay for a 30-kilometer tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as the delivery of an
BP prolongs Prosafe unit’s stay in UK North Sea
Offshore accommodation rig provider Prosafe has secured a contract extension for one of its units with BP in the UK North Sea.
More work offshore Norway for Floatel units
Floatel International has secured contract extensions with Equinor for two units operating offshore Norway.
Ex-Oceaneering subsea head to lead Rovco’s US expansion
UK-headquartered subsea technology company Rovco has entered the U.S. offshore wind market with the strategic appointment of the director for the Americas. Located in New York, Mitchell Johnson has been appointed to expand the company’s global footprint and establish operations in the U.S. According
Five wave energy projects proceed to next phase of EuropeWave
Following the competitive first phase of EuropeWave’s pre-commercial procurement (PCP) program, five wave energy projects have been selected to develop their concepts further in the next phase.
Talos to double operated deepwater footprint after agreeing to buy EnVen
Talos Energy has announced the execution of definitive agreements to acquire EnVen Energy Corporation for $1.1 billion.
UK confirms new oil & gas licensing round and lifts shale ban
The UK government has lifted the moratorium on shale gas production in England and confirmed its support for a new oil and gas licencing round.
Transocean rig to drill 17 wells for 2 oil and gas operators
Two oil and gas companies, OMV and Wintershall Dea, have awarded a drilling contract to Transocean to drill 17 wells in Norway.
Rotech moving to USA after first French offshore wind farm
Rotech Subsea has secured a new contract in the U.S. after having completed a four-month cable de-burial and re-burial campaign at Saint-Nazaire, France’s first commercial-scale offshore wind farm. Rotech used its RS2 CFE equipment spread to carry out cable de-burial and re-burial on omega joints an