Business & Finance
Stolt-Nielsen Repays USD 147.6 Mn Bond
Stolt-Nielsen received a further USD 140.7 million in proceeds of debt as part of the CMBFL facility.
RPS Buys UK Software and Tech Consultancy RIL
RPS, a global professional services firm, has acquired UK software and technology consultancy Reservoir Imaging Ltd (RIL) in a £4 million deal to further strengthen its services in the oil and gas sector. RIL, an established seismic software services consultancy based in Edinburgh, Scotland, deliver
Dolphin secures further Knarr work for Borgland Dolphin rig
Offshore drilling contractor Dolphin Drilling has secured further work for its Borgland Dolphin semi-submersible drilling rig to start in early 2020.
Another Ten IHC Beavers for Egyptian Ministry of Defense
Royal IHC has secured a contract from the Egyptian Ministry of Defense’s Engineering Authority (MOD) for the construction of ten IHC Beaver® 45 Cutter Suction Dredgers (CSDs) and two Delta Multi Craft (DMC) 1450 work boats. Commenting the latest news, IHC’s Commercial Director, Rogier Kalis, said: “
Subsea 7 buys out Norway’s 4Subsea in push to expand digital capability
Norwegian technology and services provider 4Subsea has been acquired by UK’s subsea engineering and construction company Subsea 7 in a 100% stock buyout.
Equinor to Sell Half of Its Arkona OWF Stake
Equinor has entered into an agreement to sell a 25% ownership interest in the Arkona offshore wind farm to funds advised by Credit Suisse Energy Infrastructure Partners AG. Equinor currently holds a 50% interest in the wind farm, and after the transaction, RWE Renewables, following the takeover of E
Subsea 7 Acquires 4Subsea
4Subsea, provider of technology and services to oil & gas and offshore wind operators worldwide, has been acquired by Subsea 7 in a 100% stock buyout. 4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team. 4Subsea’s Peter Jenkins will continue in hi
Seabird Names New Chairman of the Board
Seabird Exploration’s board of directors has appointed Ståle Rodahl as chairman of the board. The appointment is effective from October 02, 2019, the company informed. Ståle Rodahl has replaced Heidar Engebret who resigned from the board of directors in September. Consequently, SeaBird’s board of di
Anadyr liman Berth Project Begins
FSUE Rosmorport has officially started the construction works on a passenger ferry berth on the left coast of the Anadyr liman, located in the Ugolniye Kopi village, Russia. According to Rosmorport, the project will be implemented with the involvement of a contractor. The works, estimated to cost $1
CSA Takes Delivery of Okeanus Portable A-Frame
Okeanus Science & Technology (Okeanus) has recently designed and built a high-capacity portable A-Frame. This A-Frame system has completed its factory acceptance tests and has been shipped to the customer, CSA Ocean Sciences (CSA). “We enjoy a long-standing, healthy relationship with CSA and we are
RPS expands with seismic software services consultancy buy
Global services company RPS has expanded with an acquisition of UK software and technology consultancy Reservoir Imaging Ltd (RIL).
Bourbon Rhode Death Toll Rises
Significant maritime and air resources continue their search for the remaining seven missing seafarers.
The Ocean Cleanup to Start Designing Its Next System
The move follows the successful deployment of System 001/B, which captured microplastics as small as 1mm.
Equinor awards ‘first ever service contract for subsea drones in oil & gas’
Norway’s Equinor has awarded Italy’s Saipem a subsea service contract using a wireless underwater intervention drone and an ROV.