Business & Finance
Electromagnetic Geoservices goes to Canada
Norway’s Electromagnetic Geoservices (EMGS) has secured $2 million in prefunding for a multi-client survey offshore Newfoundland and Labrador. The contract is conditional upon securing the required permits in Canada before September. The acquisition is expected to take place late in the third quarte
Chinese operator orders four Leonardo helicopters for oil & gas ops
China’s COHC has signed a contract with Italy’s Leonardo for four AW139 medium twin-engine helicopters.
Shell and Deltic commit to drilling high-impact North Sea prospect
Shell and its partner Deltic Energy have decided to drill a high-impact well on a gas prospect in the UK sector of the North Sea.
Dolphin Drilling and IKM Gruppen sign drilling and well services deal
Dolphin Drilling has entered into a master frame agreement with Norway’s IKM Gruppen for drilling and well services.
New JV to establish LNG bunkering hub in Suez Canal by 2025
Norwegian small-scale LNG sea transport and bunkering vessels developer Kanfer Shipping has joined forces with Egyptian Natural Gas Holding Company (EGAS) and Leth Suez Transit (LETH) to establish a strategic LNG bunkering hub in the Suez Canal by 2025. Earlier this year, the parties signed a memora
BOA Sub C to work for Subsea 7
Norwegian offshore contractor BOA OCV has secured a contract with Subsea 7 for the subsea construction vessel BOA Sub C. The contract will commence in spring 2023 for a firm period of one year. The agreement also includes options which, if declared, will keep the vessel utilized into the first quart
California governor calls for 20 GW of offshore wind by 2045
California Governor Gavin Newsom has called for the increase of the state’s offshore wind target to at least 20 GW by 2045 as part of an action plan that aims to accelerate the energy transition. In a letter to the Chair of the California Air Resources Board (CARB), Governor Newsom called for the st
Sumitomo subsea cable for first UK-Germany interconnector
Prysmian has awarded Sumitomo Electric Industries with a contract for the supply of 150 kilometers of HVDC submarine cable for the NeuConnect Interconnector between the UK and Germany. Sumitomo Electric has been appointed as a subcontractor to supply a section of 525 kV HVDC mass impregnated cable t
TotalEnergies declares option for two Siem vessels
TotalEnergies has inked an extension deal with Siem Offshore for two platform supply vessels (PSVs) carrying out operations off Brazil.
‘Aggrieved’ FPSO workers to down tools over redundancy package
UK’s Unite the union has confirmed that its members operating the Foinaven FPSO vessel have voted to take strike action.
Silverstream, Mitsui & Co. agree to promote adoption of air lubrication tech
Cleantech company Silverstream Technologies has signed a memorandum of understanding (MoU) with Japanese trading company Mitsui & Co. to promote decarbonisation within the country’s shipbuilding market and encourage the adoption of Silverstream’s air lubrication technology. Under the Mou, Silverstre
Magseis Fairfield gets more OBN work
Magseis Fairfield has secured a conditional contract award for a 4D ocean bottom node (OBN) project in Asia from a repeat customer. The project will be conducted with Magseis Fairfield’s MASS technology. Activities are expected to take approximately one month. “We are pleased to see continued intere
TotalEnergies starts production from tie-back project off Nigeria
French energy giant TotalEnergies has kicked off production from a field tied back to existing facilities located offshore Nigeria.
New semi-submersible heavy transport vessel joins Seaway 7 fleet
Seaway 7 has taken delivery of its new 50,000-ton DWT semi-submersible heavy transport vessel (HTV) named Seaway Swan. Seaway Swan is suitable for float-over operation projects, feeder duties alongside installation vessels, and subsea construction support. Seaway 7 entered into a bareboat contract w