Business & Finance

Boxfish ROV systems to improve South Korean maritime safety, marine environment
Boxfish Research, a New Zealand manufacturer of subsea remotely operated vehicles (ROVs), is introducing its ROV systems to the South Korean market to improve the country’s maritime safety and marine environment.

Singapore’s Keppel terminates two contracts and keeps four jack-up rigs
Singapore’s Keppel has terminated two separate contracts for a total of four jack-up rigs, keeping the payments and ownership of the rigs.

Marine renewables specialist Innosea sets up shop in Spain
Innosea, the international engineering, design and R&D consultancy within marine renewable energy sector, has expanded its European presence to the Spanish market.

New CEO to take the helm at Petrobras
Petrobras has elected a new member to its board of directors, paving the way for the latest edition to take over the CEO role at the company.

US Ocean Exploration Cooperative Institute takes delivery of iXblue DriX USV
NOAA-funded Ocean Exploration Cooperative Institute (OECI) has taken delivery of an iXblue DriX uncrewed surface vehicle (USV) and its Universal Deployment System. The solution is expected to help expand the footprint and efficiency of the institute’s ocean exploration operations. The autonomous sol

Shell and TotalEnergies win fresh exploration blocks offshore Brazil
Shell and TotalEnergies have secured new offshore exploration blocks in the Santos basin in Brazil as part of the country’s latest bid round.

Woodside’s revised environment plan for well tie-back off Australia gets regulator’s nod
Woodside has secured the offshore regulator’s acceptance of its revised environment plan for Angel platform ops on the North West Shelf.

Tyra II now almost complete with seven out of eight platforms in position – gallery
TotalEnergies and its partners have completed this spring’s installation campaign of Tyra II in the Danish North Sea.

Egypt to maximise gas production and LNG exports to Europe following deal with Eni
Italian oil and gas company Eni and Egypt’s EGAS have agreed for the latter to increase the production and supply to Europe.

Kongsberg Maritime to deliver first Reach Remote unmanned surface vessels
Reach Subsea has awarded Kongsberg Maritime with a contract for the delivery of the first two in a series of Reach Remote unmanned surface vessels (USVs), which will serve as mobile power banks, data centers and communication modules for remotely operated vessels (ROVs). The USVs will be dedicated t

Noble and Maersk expect to sell certain North Sea rigs to get merger clearance in UK
Noble Corp. and Maersk Drilling expect they will have to divest certain North Sea rigs to get merger clearance from the UK’s regulator.

XLCC picks German subsea cable test systems
XLCC has appointed Germany-based HIGHVOLT as the primary provider of test systems for the prequalification, type and routine testing of subsea cables. HIGHVOLT has also been engaged to deliver a consultancy service and corresponding supply agreement for the equipment required to fulfill the testing

Minesto outlines tidal array build-out plan to bolster energy transition of the Faroe Islands
Swedish marine energy developer Minesto has launched a detailed plan for large-scale build-out of tidal energy arrays in the Faroe Islands that will help bring the island country closer to 100% renewable energy.

Hyundai Glovis, Woodside ink long-term LNG shipping deal
Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, has signed a long-term contract with Australian Woodside Energy to enter the liquefied natural gas (LNG) transportation business.