Business & Finance

New five-year deal for Odfjell rig with Aker BP
Aker BP has added a significant order backlog to an Odfjell Drilling-owned rig with a five-year firm contract award in Norway.

Fugro’s new ultra ultra high resolution seismic system passes offshore tests
Fugro has completed a series of trials and testing configurations for its new ultra ultra high resolution (UUHR) seismic system off the coast of the Netherlands. The SeisWind 3D system is designed to offer an efficient data acquisition footprint with the highest resolution to enable detailed ground

Neptune’s North Sea infill campaign to unlock more gas
Oil and gas company Neptune Energy has started an infill drilling campaign at its operated Cygnus gas field in the southern North Sea.

Repeat customer hires Magseis Fairfield in Gulf of Mexico
Norwegian survey services provider Magseis Fairfield has received a contract from a repeat client to deliver a project in the Gulf of Mexico. Magseis Fairfield received the conditional award for the project in September 2020 which has now been converted into an award. The project is scheduled to sta

New decom gig in UK for marine consultancy firm
ABL Group has been enlisted by Centrica’s subsidiary Spirit Energy for decommissioning support on three oil and gas platforms in the UK.

FSL Trust sets sights on expansion into floating and offshore energy
Singapore-based FSL Trust is looking into the possibility of expanding its market presence into other maritime assets including floating and offshore energy. The tanker owner explained that the investment opportunities are being explored to reduce business risk and increase competitive advantages am

Inpex, Woodside, TotalEnergies to explore hub potential for ‘one of the largest CCS projects in the world’
After the award of acreage off Australia, Inpex, Woodside and Total Energies will evaluate the potential for a hub-scale CCS project.

Semco Maritime to provide personnel for Norwegian firm’s oil & gas assets
Aker BP has awarded a long-term deal to Semco Maritime for the provision of offshore personnel to its oil and gas installations in Norway.

N-Sea takes full control of Geosea
N-Sea Group has taken full control, ownership and management of the multipurpose support vessel Geosea, after having completed vessel updates. N-Sea announced in April it had entered into an agreement with DOF Subsea Rederi to acquire Geosea. The aim of the acquisition is to strengthen the company’s

World’s largest crane vessel coming to Norway for installation job on giant new FPSO
The world’s largest semi-submersible crane vessel is en route to a yard in Norway to perform an installation job for a giant new FPSO.

Israel sets feed-in-tariff for Eco Wave Power’s wave energy project
The Israeli Electricity Authority (IEA) has set an official feed-in-tariff (FIT) for Eco Wave Power’s newly installed wave energy pilot project at the Port of Jaffa in Tel Aviv, Israel.

Royal IHC lands cable lay spread order from Boskalis
Royal IHC has won a contract by Boskalis for the delivery of an advanced modular cable lay spread (MCLS) that will be used in the offshore wind industry. The cable lay system will be used for the installation of inter-array power cables and associated cable protection systems (CPS). Royal IHC will d

Hit-and-miss for partners in Suriname waters
APA Corporation has made an oil discovery at its operated Baja-1 well in Block 53 offshore Suriname, but TotalEnergies had no such luck in Block 58.

Volstad duo to get battery upgrades as charters with Helix extend
Helix Robotics Solutions and Volstad Maritime have agreed on five-year charter extensions for the Grand Canyon II and Grand Canyon III construction support vessels. Under the extensions, Volstad will upgrade both vessels with a new battery hybrid in an effort to reduce fuel consumption and emissions