Business & Finance
Equinor all set to undertake North Sea ops with Odfjell rigs
Equinor has received two types of consent from Norway’s offshore safety regulator for ops in the North Sea with Odfjell Drilling-owned rigs.
Petrogas picks Dutch construction yard to build two North Sea platforms
Petrogas has awarded HSM Offshore Energy a deal for two platforms, which will be installed in the northern part of the Dutch North Sea.
Australian giant seeking approval for subsea equipment removal
BHP has submitted an environment plan to the offshore regulator for decommissioning and management of a field offshore Australia.
DeepOcean books Siem Spearfish for offshore renewables, oil and gas
Norwegian shipping company Siem Offshore has entered into a new contract with compatriot subsea services provider DeepOcean for the offshore subsea construction vessel (OSCV) Siem Spearfish.
Brazilian player keeping its stake in Petrobras-operated gas field
PetroRio will keep its stake in the Petrobras-operated field off Brazil as the conditions set for the sale have not been fulfilled.
Germany looking to secure gas supplies from North Sea amid push to end reliance on Russian imports
Germany and Dutch ONE-Dyas are looking into possible natural gas production in the North Sea to reduce the country’s reliance on Russian fossil fuels.
SolarDuck a step closer to commercialisation as €4 million funding round closes
SolarDuck has closed a €4 million funding round with a consortium of investors, set to support the Dutch floating solar specialist on its path towards commercialisation by 2023. The capital will be used to finalise the technical roadmap and produce the first full-scale floating solar powerplant with
Geospace Technologies gains $7M in two OBN rental deals amid increased activity in offshore oil
Seismic solutions provider Geospace Technologies has secured two contracts valued at nearly $7 million for the rental of OBX ocean bottom nodes.
RenewableUK urges UK govt to ‘increase ambition’ for biggest-ever CfD round
RenewableUK has called on the UK Government to increase ambition and maximize investment in wind, tidal and solar energy for the currently ongoing fourth Contracts for Difference (CfD) auction, the biggest one so far.
Purpose ESG to invest in Nauticol Energy for CO2-free methanol
Purpose ESG will invest in the firm Nauticol Energy which might become the world’s first large-scale net zero methanol producer.
Wireless subsea observation network for data collection under development off Norway
The University of Bergen and GCE Ocean Technology have entered into a partnership agreement to create a wireless underwater observation network along the coast of Norway to monitor the environment and obtain information about the ocean environment. The parties’ collaborative project called SFI Smart
WATCH: SBM Offshore’s FPSO Prosperity getting its first topside modules
SBM Offshore’s second Fast4Ward design-based FPSO, and its third one for Guyana, is now getting its first topside modules.
Minesto begins 2022 with net loss increase
Swedish marine energy developer Minesto has reported an increase in net loss for the first quarter of 2022 in comparison to the results for the first three months of 2021.
TechnipFMC to support Nigerian oil and gas projects with subsea equipment
TechnipFMC has been granted pilot approval from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to deploy its Subsea 2.0 equipment for the country’s oil and gas projects.