Business & Finance
Norbit bags multiple WINGHEAD multibeam tech orders
Norwegian Norbit Subsea has secured a number of contracts with surveying companies related to its WINGHEAD multibeam technology.
Heerema’s two giant crane vessels switch to green shore power in Rotterdam – gallery
Dutch contractor Heerema Marine Contractors has connected its two giant heavy-lift vessels to a shore power installation in Rotterdam.
Minesto widens 2021 losses
Swedish tidal energy company Minesto has released year-end financial results for 2021, recording a slight increase in net loss when compared to a year before.
MR Deepwater Subsea, OTC combine their services into one-stop-shop
MR Deepwater Subsea and Offshore Technical Compliance (OTC) have joined forces to create a one-stop-shop for real-time monitoring, digital pressure testing and Blowout Preventer (BOP) compliance services. The parties believe that the collaboration will build a wealth of knowledge regarding inspectio
Despite bad weather, Serica wraps up repairs and restarts North Sea field
Following repair and replacement of a subsea control module component, Serica has resumed production from the Rhum field in the UK North Sea.
New JV to reduce subsea work costs in offshore wind, oil & gas industry
UK-based Load Monitoring Systems (LMS) and subsea communications company Aquatec Group have formed a joint venture to reduce the cost of subsea installation, maintenance and decommissioning in the offshore wind and oil and gas industry.
Helix and Trident agree on contract extension for decommissioning services
Helix Energy Solution has secured a one-year contract extension with Trident Energy for field decommissioning services offshore Brazil. The project, located in the Pampo and Enchova Clusters in the Campos Basin, is expected to commence late this year for a period of two years with multiple options t
Equinor obtains permit for another North Sea well
Equinor has secured a permit from the country’s authorities for the drilling of another wildcat well, located in the North Sea off Norway.
UAE player investing in drilling growth with $658 million in new awards
UAE-based ADNOC has awarded framework agreements valued at $658 million for cementing services as it continues to invest in drilling growth.
New accommodation unit for Tyra heads to North Sea – gallery
The accommodation unit for TotalEnergies’ Tyra II project, located in the Danish North Sea, has left a shipyard in Italy, heading to Denmark.
Menter Môn awarded $196.5K to further hydrogen as green fuel
U.K. social enterprise Menter Môn has won a £150,000 ($196,500) grant to fund hydrogen as green fuel research.
After a year-long suspension, Petrofac allowed to compete in ADNOC tenders
Following a year-long suspension, Petrofac, is now allowed again to take part in new tenders from UAE’s oil and gas giant ADNOC.
iXblue ramps up DriX USV production to meet growing industry demand
iXblue is ramping up its production of DriX uncrewed surface vehicles (USV) to, as it says, meet the growing industry need for sea-proven autonomous platforms. According to the company, the strong increase in order intake has led to reviewing the whole industrialization process for series production
Norway’s Equinor ramping up gas output to help meet Europe’s demand
Norway’s Equinor and the country’s government have worked out a plan to maintain high gas exports to Europe amid supply concerns.