Business & Finance

COSCO Shipping’s fleet now boasts nine heavy lift vessels
Chinese shipping and logistic services provider COSCO Shipping has added another giant heavy-lift vessel to its fleet.

Industry players gather to reduce environmental impact of marine seismic surveys
Shearwater GeoServices and Equinor are extending their collaboration to include Vår Energi and Lundin Energy Norway to accelerate the development and commercialization of sustainable marine vibratory source technology. The industry project builds on the existing technology cooperation between Shearw

TechnipFMC signs subsea EPCI contract with Petrobras
Brazil’s Petrobras has awarded TechnipFMC with a subsea engineering, procurement, construction and installation (EPCI) contract for its Búzios 6 field (module 7) greenfield development in the Santos Basin pre-salt area. The scope of the contract includes flexible and rigid pipe, umbilicals, pipeline

Petrofac to go on as NEO Energy’s well operator for another five years
Petrofac has secured a five-year contract extension for well management and well operator services with NEO Energy.

Well-Safe selects helicopter operator for North Sea ops
Offshore Helicopter Services UK Limited has secured a new contract with Well-Safe Solutions for operations off the UK.

Stamp of approval for Equinor to use Floatel’s unit in North Sea
Norway’s PSA has given Equinor consent to use one of Floatel’s semi-subs as a mobile accommodation facility at a North Sea field off Norway.

Strategic Marine scores new fast crew boat order
Strategic Marine has inked a deal to build a 40m fast crew boat (FCB) with a new Malaysia-based client, Blue Petra.

Ørsted partners with European steel producer
Ørsted and Germany-based steel producer Salzgitter AG have entered into a strategic partnership which will see the two companies working on establishing closed value chains in their business relationships, revolving around offshore wind and steel production. The companies have signed a memorandum of

The time has come for Heerema to remove four North Sea platforms
Petrogas E&P Netherlands has awarded Heerema Marine Contractors an integrated decommissioning contract for multiple North Sea oil platforms.

Enauta moves to buy FPSO for Brazilian field
Enauta has entered into an agreement for the purchase of an FPSO for the Definitive System of the Atlanta field located offshore Brazil.

Fugro joins project to advance geo-data science skills
Fugro has partnered up with the University of Houston (UH) and its four partnering universities on a collaborative project to advance geo-data science skills in the energy sector. The Data Science for the Energy Transition project, funded through a three-year grant with the National Science Foundati

Inpex secures rig for drilling off Japan
Japan Drilling Co. has been awarded a contract by compatriot Inpex Corporation for the provision of a semi-submersible drilling rig.

Lamprell negotiating ‘very large’ offshore wind contract
The UAE-based offshore construction and fabrication specialist Lamprell has entered into exclusive negotiations as a preferred supplier with an international client in the offshore wind industry for what the company describes as ”a very large contract.” Lamprell said it will now work with the client

Six-year extension for ‘largest deepwater FPSO in Malaysia’
MISC Berhad announced that the MDFT had recently entered into an agreement with PTTEP to extend a charter contract for an FPSO off Sabah.