Business & Finance
Energean inks gas supply deal with largest Israeli buyer
London-listed E&P company Energean has signed a gas supply agreement with the largest Israeli buyer of natural gas.
Van Oord orders autonomous survey vessel for challenging conditions
Van Oord has placed a new order with Demcon unmanned systems for an unmanned autonomous survey vessel suitable for challenging offshore conditions. The DUS V5750 model, set to be delivered in one year, can be used in support of dredging operations, installing offshore wind farms, and constructing ma
Shipping industry: Planned $5B R&D fund could support developing countries’ decarbonization
Representatives of the global shipping industry, supported by governments, have laid out proposals on how a planned global R&D fund can be tailored to support developing economies.
KCA Deutag to optimise two Cat J rigs for Equinor by adding carbon-reduction tech
KCA Deutag has been appointed to carry out an energy optimisation project for Equinor on two Cat J rigs in the Norwegian North Sea.
OPT posts greater net loss with slight growth in revenues
US-based marine energy company Ocean Power Technologies (OPT) has released financial results for the third quarter of 2022, showing a wider net loss, but also a rise in revenues, when compared to a year before.
Norway’s Equinor not entering any new trades for Russian oil
Norwegian oil and gas player Equinor has now also decided to stop trading in Russian oil and oil products.
DOF Subsea trio scores contract extensions
Norway-based subsea and marine services provider DOF Subsea has secured contract extensions with compatriot Equinor and UK’s Shell for three of its vessels. Equinor Energy has exercised options to extend the firm periods of the contracts for platform supply vessel (PSV) Skandi Mongstad for three yea
Norwegian player’s fleet fully contracted following several new deals
After securing new deals, Island Offshore, a Norwegian offshore vessel owner, now has all 25 vessels in its fleet under contract.
Japan nods ‘yes’ for megawatt-scale tidal energy project
The government of Japan has approved the development of a megawatt-scale tidal energy project offshore Goto Islands as part of the country’s drive to decarbonize its energy system by using innovative offshore renewable energy technologies.
Kongsberg Maritime puts new technology into action
Norway’s Kongsberg Maritime has launched a new addition to the cNODE product range of acoustic modems which introduces the new capability to stream a live video feed for a variety of subsea installation tasks. The cNODE Mantis features a live video solution said to significantly increase the number
Green light to Santos for Barossa development drilling and completions campaign
Santos has secured approval of its environment plan for the development drilling and completion of wells on the Barossa field off Australia.
Hapag-Lloyd hires six 14,000 TEU boxships from SFL
Bermuda-based ship owning and chartering company SFL Corporation has agreed to charter out six 14,000 TEU container vessels to German container shipping major Hapag-Lloyd AG.
FAR withdrawing from Guinea-Bissau as farm-down plans come to naught
Following unsuccessful farm-down attempts, Australia’s FAR is undertaking the required steps to exit from its assets offshore Guinea-Bissau.
Helix charters Bordelon Marine’s ultra-light intervention vessel
Helix Robotics Solutions has signed a charter agreement with Bordelon Marine for the DP2 Jones Act-compliant ultra-light intervention vessel Shelia Bordelon. The one-year firm charter agreement commenced in late February and the vessel is mobilized with two Triton 200 HP ROVs with high-spec survey c