Business & Finance

Denmark seeks public input on environmental impact of North Sea field development
The Danish Energy Agency has sent for consultation an EIA report for the development and operation of a field in the North Sea.

Seaspan inks new loan to align ships’ carbon intensity with IMO 2050 goal
BMO Financial Group, acting as lead sustainability structuring coordinator in a syndicate of Canadian, U.S. and European banks, has announced a financing deal with Hong Kong-based containership owner and operator Seaspan.

Brazil: Enauta replaces pump and restarts Atlanta’s second well
Enauta has restarted production from the second well on the Atlanta field, located offshore Brazil, following a replacement of a seabed pump.

Noble counts on meaningful growth ahead as rigs secure more work
Noble Corporation has secured more work for its rigs, including a conditional award for four drillships working for ExxonMobil in Guyana.

World first as hybrid Modus AUV lands in Equinor’s subsea docking station
The UK-based Modus Subsea Services has completed autonomous docking of one of its hybrid autonomous underwater vehicles (HAUV) to an Equinor subsea docking station (SDS), representing a world’s first. The HAUV system, based on a Saab Sabertooth AUV, successfully docked subsea to the SDS in the North

Full value-chain offering from Aker and Northern Lights to speed up CCS deployment
Aker Carbon Capture has joined forces with Northern Lights JV to work on accelerating the CCS market through full value-chain offerings.

MMA Offshore awarding hydrographic surveying scholarships
Australian marine and subsea services provider MMA Offshore has launched the Offshore Hydrographic Surveying Scholarship program as part of its support to the surveying industry development.

Guyana partners reveal spending plan for second exploration well
Following positive results from the first well, Guyana partners have now revealed spending plans for the second well.

Fugro to investigate Hornsea Three and Four offshore wind sites
Fugro has won a contract by Ørsted to carry out geotechnical site investigations at the Hornsea Three and Hornsea Four offshore wind projects in the UK. The site investigations will include downhole cone penetration testing (CPT), seismic cone penetration testing (SCPT), downhole sampling and high-q

Reach Subsea gets OBN call from the Mediterranean Sea
Reach Subsea has won a contract to perform an ocean bottom node (OBN) campaign in the Mediterranean Sea for an undisclosed client. The activities will be performed by the Havila Subsea spread, with start-up expected early in Q2 2022, representing around 130 project days. Reach Subsea extended the co

Record green hydrogen investment made for Hy2gen
Technip Energies, Hy24, Mirova, and CDPQ have jointly made a record €200 million investment in Germany-based green hydrogen production company Hy2gen.

Johan Castberg FPSO finally sets off to Norway – gallery
Singapore’s Sembcorp Marine has completed the Johan Castberg FPSO hull for Equinor and the vessel is now on its way to Norway.

New deal with higher day rate signals market improvement to GMS
GMS has inked a new contract for one of its vessels with an increased day rate, fuelling expectations of even higher rates in the future.

Borr Drilling believes rig day rates will increase
Borr Drilling has converted several LOAs into contracts, secured a couple of new deals, and postponed delivery dates for five newbuilds.