Business & Finance

Liverpool launches tender for Mersey tidal power project
Liverpool City Region Combined Authority (LCRCA) has officially launched a tender for design consultancy services related to the Mersey tidal range power project.

Geotechnical surveys at Hornsea Three to begin in April
Ørsted is set to kick off a geotechnical survey campaign at the Hornsea Three offshore wind project in the UK starting from April. The 90-meter long survey vessel Connector Express will start the survey on 1 April at the project site located off the coast of East Yorkshire, and works are expected to

Carbon Transition inks new Utsira multi-client deal as market ‘significantly’ improves
Norwegian Carbon Transition has entered into a new multi-client seismic data licencing contract with an undisclosed customer.

DeepOcean turns to Vaarst for underwater measuring system
Ocean services provider DeepOcean has purchased its second SubSLAM underwater measuring system from Vaarst, Rovco’s technology spin-off.

Woodside teams up with U.S. tech developers to turn greenhouse gases into decarbonised products
In a bid to curb Scope 1 and 2 emissions, Woodside has joined forces with ReCarbon and LanzaTech to turn greenhouse gases into new products.

Petronas wins Indonesian block close to ‘encouraging discovery’ from last year
Petronas has been awarded a new block – located onshore and offshore East Java – in Indonesia Petroleum Bid Round 2021.

WIND setting up cable storage yard in the US
Dutch subsea cable firm WIND has signed a long-term cooperation agreement with Rhode Island-based terminal operator Waterson Terminals to set up a cable storage yard in the U.S. WIND’s plans to establish a new cable storage yard on the east coast region of the United States come after the completion

Norway sees small increase but deviates from forecast in February output
In comparison to the previous month, Norway’s oil and gas production increased in February 2022, however, it was below NPD’s predictions.

Equinor’s charter of Remøy vessel includes potential upgrade to run on ammonia
Equinor has inked a long-term deal with Remøy Shipping for one of its PSVs with ammonia conversion potential to reduce emissions.

Microsoft Climate Fund-backed Nautilus Labs gets $34M to support low-emission shipping
Nautilus Labs, a US-based technology firm advancing the efficiency of ocean commerce through artificial intelligence, has announced $34 million in Series B funding.

ExxonMobil targets Gippsland’s full potential with fresh cash injection
ExxonMobil has sanctioned a project located in the Gippsland Basin off Australia, aiming to expand gas production.

Rovco investing in SMD’s EV Workclass ROV to boost autonomous subsea inspections
Subsea equipment manufacturer Soil Machine Dynamics (SMD) and offshore services provider Rovco have signed a letter of intent (LOI) for next-generation EV Workclass ROV (WROV) technology.

PaleBlue launches new real-time ROV simulator
Norway’s PaleBlue has launched the ROV Engineering Simulator tailored for subsea engineering, design reviews, and accessibility checks of subsea installations with the use of remotely operated vehicles (ROVs). The simulator provides real-time simulation and visualization tools that allow users to se

Offshore drilling focus to pay off for Saipem following new $325 million award
Italian oilfield services contractor Saipem has been awarded a contract by Aker BP for a drilling campaign offshore Norway.