Business & Finance
TotalEnergies abandons deepwater Gulf of Mexico project to pursue better ones
French energy major TotalEnergies is withdrawing from its operated project located in the deepwater Gulf of Mexico.
Surveys on Norfolk offshore wind farm extensions to start in March
Hydrographic and geophysical surveys are set to start on the proposed Sheringham Shoal and Dudgeon Extension offshore wind projects in March. The vessel Ocean Research is expected to begin the work around 1 March offshore the North Norfolk coast. Activities will continue for an estimated 120 days, e
Nexans goes greener with gas switch for high-voltage cables
Nexans High Voltage laboratory has carried out a 420 kV HVAC electrical type test with the use of g3 inside the termination, a gas said to have significantly reduced impact on the environment compared to the most commonly used SF6. According to Nexans, sulphur hexafluoride gas (SF6) has been extensi
Solstad offloads two more AHTS vessels
Solstad Offshore has sold two more of its anchor handling tug and supply (AHTS) vessels to a buyer, whose identity was not revealed.
Enauta closes purchase of existing FPSO, making room for first oil in 2024
Enauta has concluded the purchase of an FPSO for the Definitive System of its operated Atlanta field located off Brazil.
University of Malta studying role of CO2 in offshore energy storage development
Researchers at the University of Malta have kicked off research to assess how the significant amounts of CO2 available from carbon capture and storage (CCS) facilities may support offshore energy storage systems co-located within the same footprint of wind farms. The Investigating the thermal perfor
ConocoPhillips set to deploy Prosafe unit at Norway’s first producing field
ConocoPhillips has received consent from a regulator to use one of Prosafe’s semi-submersible units at Norway’s first producing field.
Eastern Pacific invests in 9 more next-gen startups
Singapore-based shipping company Eastern Pacific Shipping (EPS) has invested in nine more startups in an effort to encourage change in the maritime industry by using a green and technology-driven approach.
OMV gets thumbs-up for Norwegian Sea ops
OMV has received consent from Norway’s offshore safety regulator for exploration drilling of a pilot hole in the Norwegian Sea.
Here’s what the industry says about Shell’s oil discovery in Namibia
Here’s what the industry says about Shell’s oil discovery in Namibia
Eni: UK industry shows outstanding interest in CO2 capture & storage project
Eni has signed 19 Memoranda of Understanding for carbon, capture & storage within the HyNet North West project in the UK.
U-Ming: Sustainability-linked loan to support fleet renewal
Singapore-based Oversea-Chinese Banking Corporation (OCBC Bank) has extended a $70 million sustainability-linked loan with U-Ming Marine Transport Corporation, one of Taiwan’s largest listed bulk carrier companies.
BW Offshore dispatches laid-up Brazilian FPSO to scrap yard
BW Offshore has inked a deal to recycle one of its FPSOs at a yard in India, as part of its strategy to optimise its current asset portfolio.
Deep Down gets $1.7 million order for Gulf of Mexico
U.S.-headquartered subsea equipment specialist Deep Down has received an order to deliver installation equipment and services in the Gulf of Mexico to an undisclosed client. The order is valued at more than $1.7 million and all activities are scheduled to be completed by the end of this year. Part o