Business & Finance
Woodside develops ‘cutting-edge’ robotic inspection tool for offshore platforms
Woodside has joined forces with the industry to design a new offshore inspection system, expanding and exploring new horizons in robotics.
Construction delays, vessel troubles hit Subsea 7’s books
Subsea 7 has updated its Adjusted EBITDA guidance for the full year 2022 following reduced progress on two offshore wind projects and vessel reshuffle at its subsidiary Seaway 7. Seaway 7 announced provisions against the results of project execution of offshore windfarm installations due to increase
Canada’s first instream tidal energy device powers up
Sustainable Marine has officially powered up its next-gen floating tidal energy platform PLAT-I in Nova Scotia, making it the first to deliver in-stream tidal power to the grid in Canada.
BW Energy confirms talks with Petrobras to buy deepwater field off Brazil
BW Energy has confirmed it is engaged in discussions with Petrobras to acquire an offshore field located in Brazilian waters.
Modus launches control room for hybrid autonomous underwater vehicles
UK-based subsea services company Modus has commissioned its control room in Darlington from which it can operate hybrid autonomous underwater vehicles (HAUVs). The control center, located at the company’s headquarters, is a result of a £24 million investment program. Modus has developed the applicat
OKEA to carry out P&A ops in Norwegian Sea with COSL Drilling’s rig
Norwegian safety regulator has given OKEA its consent to use a COSL Drilling-owned rig for P&A ops at a field in the Norwegian Sea.
Heerema’s Sleipnir vessel removes topsides from UK waters in single lift
With the topsides removal, Heerema has completed another decom activity related to a platform being removed from the waters off the UK.
TotalEnergies to splash out $850 million on Angola project
French energy giant TotalEnergies and its partners have made a final investment decision on an $850 million project offshore Angola.
Noble drillship strikes water-bearing reservoirs in Suriname well
APA Corporation has encountered water-bearing reservoirs at its latest exploration well in waters offshore Suriname.
Diverse Marine to build Nauticus’ Hydronaut autonomous surface vessels
Diverse Marine has signed an agreement with Nauticus Robotics to construct the initial production run of the autonomous surface vessel (ASV) Hydronaut for the Nauticus Fleet, a robotic navy with 20 Hydronaut vessels. The announcement follows 18 months of close collaboration between the two companies
Chevron concludes Renewable Energy Group acquisition
U.S. energy major Chevron has completed the acquisition of Iowa-based biodiesel production company Renewable Energy Group (REG) following approval by REG stockholders.
Shell plans to invest millions to ‘help 15,000 people get skilled jobs’ in UK
Shell plans to increase its share of supply of oil and gas to the UK and invest £100 million by 2030 to help 15,000 people get skilled jobs.
Strohm, Evonik ink MoU to bring TCP carbon fibre to green hydrogen market
Strohm and Evonik have signed a memorandum of understanding (MoU) to develop and qualify the use of their respective thermoplastic composite pipe (TCP) technology and unidirectional Carbon Fibre PA12 tape for energy transition applications. As part of the collaboration, the companies will work on a
BP entering Bay du Nord project in Canada as part of its focus on future offshore growth
Oil and gas major BP is expanding its footprint offshore Canada by entering the Equinor-operated Bay du Nord project development.