Business & Finance
First new gas production from Black Sea field slated for end of October
Trillion Energy is now days away from kicking off its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea offshore Türkiye.
Deepsea Yantai rig booked for North Sea well
Oil and gas company DNO Norge has awarded a drilling contract to a semi-submersible rig for a one well located offshore Norway.
API: American oil & gas as ‘reliable and realistic partners’ of renewables and energy security
API advocates for a ramp-up of U.S. oil and gas production to solve energy security and energy transition concerns.
Offshore wind demand brings Rotech to Taiwan
Aberdeen-based Rotech Subsea has set up an entity in Taiwan to service the demand coming from the local offshore wind sector. According to Rotech, the move comes as it had completed a series of cable trenching and seabed leveling campaigns in Taiwan’s offshore wind sector and secured new contracts.
New Irish research vessel sports Sonardyne technology
Sonardyne has supplied its Ranger 2 acoustic tracking technology to Ireland’s new multi-purpose marine research vessel (RV) Tom Crean. Delivered in July, Tom Crean provides up to 3,000 scientist days per year for seabed mapping, deep water surveys, oceanographic and environmental research and fisher
With UK’s new PM prioritising energy security, OEUK sees opportunity to speed up low-carbon transition
As the UK gets its new PM, OEUK believes this is an opportunity to accelerate energy transition with domestic oil & gas investments.
Island Drilling lines up new gig in Africa
Island Drilling Company has signed a contract with Trident Energy to provide a drilling unit and associated services for a campaign off Equatorial Guinea.
To ramp up gas production at Lower Zakum, ADNOC hands out $548 million deal
UAE’s ADNOC Offshore has awarded a $548 million contract for a new main gas line at its Lower Zakum field offshore of Abu Dhabi.
CMA CGM creates $1.5 billion fund to speed up shipping decarbonisation
French shipping major CMA CGM has decided to create a Special Fund for Energies, backed by a five-year $1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050. The fund will invest to support the industrial production of new fuels and low-emission mobility soluti
Ashtead buys subsea dredging solutions provider
Ashtead Technology is expanding its mechanical solutions service offering with the acquisition of WeSubsea, a provider of subsea dredging technology solutions. The transaction is expected to close during the fourth quarter of the year and will be Ashtead’s sixth acquisition in the past five years. A
Shell to develop deepwater gas project in Malaysia using offshore platform powered by solar panels
Shell has taken a final investment decision (FID) to develop the Rosmari-Marjoram gas project located offshore Sarawak, Malaysia.
Tidal stream and FLOW at the forefront of near-term economic opportunity for Wales, report finds
Marine Energy Wales has released its annual ‘State of the Sector Report’ which dives into the opportunities and economic benefits of the developing marine energy sector in Wales.
Johan Castberg FPSO is now complete, Equinor says
The world’s largest crane vessel has installed the last two pieces of the puzzle needed to make the Johan Castberg FPSO complete.
Havila Shipping selling 2009-built subsea vessel
Norwegian offshore vessel owner Havila Shipping has entered into an agreement with an undisclosed party to sell the subsea vessel Havila Phoenix. The sale will take place when the existing contract for the vessel is completed, expected at the end of the fourth quarter of this year. Havila Shipping w