Business & Finance
U.S. player promotes from within to fill COO role
W&T Offshore has decided to fill the COO role by promoting internally to turn its growth goals into reality.
U.S. offshore rig count slips down a notch
After no change for two consecutive weeks, the number of offshore rigs in the U.S. dropped to 11 units last week.
Petronas picks Velesto’s suite of rigs for Malaysian ops
Velesto has secured new work for its jack-up drilling rigs in Malaysia with the country’s oil and gas operator, Petronas Carigali.
Two rigs getting new names following manager change
Offshore drilling contractor Northern Ocean has decided to rename its two rigs following a recent decision to change their manager.
Pipeline installation contractor wanted for Dutch CCS project
The Dutch Porthos Offshore Transport and Storage has issued a tender for the installation of about 20 kilometers of offshore pipeline for what will be one of the largest carbon capture and storage (CCS) projects in the world. Port of Rotterdam CO2 Transport Hub and Offshore Storage (Porthos) will tr
Scotland’s offshore wind auction winners asked to file formal assurances on no ties with Russia
Crown Estate Scotland has requested the winners of the ScotWind offshore wind auction to submit formal, written assurances that they will adhere, at all times, to the relevant sanctions imposed on Russia. “Crown Estate Scotland is committed to taking all appropriate action to not support trade and i
CoolCo wraps up 4th of 8 LNGC acquisitions from Golar LNG
The newly formed company CoolCo has wrapped four of eight LNG carrier acquisitions from Bermuda-based shipper Golar LNG.
Havfram prolongs Normand Vision charter
Havfram, formerly known as Ocean Installer, has decided to extend the present contract with Solstad Offshore for the construction support vessel (CSV) Normand Vision. The firm contract will then expire on 31 December 2023 and there are no further options thereafter. Normand Vision was built for th
Aker Solutions to cover maintenance & modifications for OKEA for another seven years
Aker Solutions has secured a seven-year extension of its maintenance and modifications agreement with OKEA.
Eco one approval shy of closing Azinam deal
Eco Atlantic has completed all the steps required to close the acquisition of the Azinam Group and its asset portfolio, aside from one.
NRP, Briese buy eco-friendly bulk carrier in resale deal
German shipowner and operator Briese Schiffahrt and Norwegian privately owned investment firm Ness, Risan & Partners (NRP) have together acquired a resale eco-friendly Handysize dry bulk carrier.
Empyrean to ‘let the drill bit do the talking’ after firming up rig slot
Empyrean Energy has managed to work out a rig slot with its Chinese partners to kick off the drilling of the Jade prospect well, off China.
OMV taps TechnipFMC for Iris Hades field
TechnipFMC has secured a front-end engineering and design (FEED) contract with OMV Norge, a Norwegian subsidiary of the Austrian oil and gas company OMV, for the subsea production system (SPS & SURF) for the Iris Hades field. The integrated FEED contract for the Iris Hades development project is val
Cyprus Subsea acquires four Seaglider AUVs
Cyprus Subsea Consulting Services has acquired four Seaglider autonomous underwater vehicles (AUVs) to unlock new long-duration subsea survey and monitoring capabilities for research and commercial organizations. The four M1 Seagliders, acquired in February, make one of the largest privately-owned f