Business & Finance
Dolphin Drilling raises $45 million for rig mobilisation & reactivation
Dolphin Drilling has undertaken an equity issue to take advantage of increased day rates in the offshore drilling market.
ITOCHU, Sasol to jointly study and develop green ammonia as marine fuel
Japanese general trading company ITOCHU Corporation and South African chemicals and energy company Sasol have signed a memorandum of understanding (MoU) to jointly study and develop the market and supply chain for green ammonia, focusing on its use as bunkering fuel and for power generation. The MoU
Russia keeps Nord Stream 1 shut, no hints of reopening
Russia’s state-owned gas company Gazprom has not reopened the Nord Stream 1 pipeline as planned due to “technical problems” and has not revealed when this major gas flow to Europe will start again. Gas deliveries via Nord Stream 1 from Russia to Germany closed on 31 August due to maintenance and the
Regulator lays charges against Transocean over rig incident
Canadian offshore regulator has laid charges against Transocean related to an incident on one of the contractor’s rigs back in September 2019.
As first production draws near, new FPSO sails away to India’s deepwater gas project
A new FPSO has started its journey from South Korea to India to work on a project for partners Reliance and BP. The project is expected to significantly boost the country’s gas output.
North Sea platform reaches recycling yard
After 30 years in the North Sea, Equinor’s Veslefrikk B platform has now reached a yard where it will be recycled.
Normand Energy stays in West Africa
Solstad Offshore has secured contract extensions and a new contract with the present client for the construction support vessel (CSV) Normand Energy. Normand Energy, previously known as Normand Seven, will continue supporting subsea operations in West Africa. The undisclosed client has exercised all
Iberdrola submits 3 offshore wind applications in Brazil, enters green hydrogen agreements
Iberdrola’s renewable energy development arm in Brazil, Neoenergia, has applied for environmental investigation licences for offshore wind projects in three of the country’s states, and has also entered into an agreement on offshore wind and green hydrogen development with one of the states. The com
BGP returns to Sercel for another seabed nodal solution purchase
Sercel, a designer and manufacturer of seismic equipment, has made another ‘major’ sale of its GPR300 seabed nodal solution to geophysical services provider BGP. The sale of the second batch of 12,000 GPR300 nodes to BGP follows the earlier major order of 18,000 nodes in 2021. According to Sercel, t
USV survey starting at proposed 1 GW offshore wind project in Ireland
An unmanned surface vessel (USV) survey is set to begin this month at the Braymore Wind Park site located offshore Ireland. Trial operations of remotely piloted XOcean USVs will take place in the Balbriggan and Drogheda Bay area during September and October for approximately six weeks, subject to we
QED Naval eyes new operations base on UK’s south coast
Scottish marine energy specialist QED Naval is looking to establish its mainland operations base on the UK’s south coast.
North Sea TSO on the lookout for cable repair provider
Dutch-German transmission system operator (TSO) TenneT is looking for a contractor to deliver nearshore and offshore subsea cable repairs. Under the service level agreement, the selected party will be in charge of the preparation and execution of nearshore and offshore services within the scope of r
Two Brazilian oil & gas players unveil merger plans
Brazilian oil and gas company PRIO, formerly known as PetroRio, has inked a deal to combine with a compatriot firm Dommo Energia.
Japanese firm gets rid of its interest in two deepwater Gulf of Mexico fields
Inpex has gotten rid of its interest in two fields located in the U.S. Gulf of Mexico by transferring it to project partners.