Business & Finance
Accommodation jack-up all set up on Tyra field
Jacktel’s accommodation jack-up Haven has now started operations for TotalEnergies at the Tyra field offshore Denmark.
CFO tenders resignation while Woodside scouts out new one
Woodside is on the lookout for a new chief financial officer, after the current one decided to resign from the position.
SeaBird inks LoI for two-vessel OBN project
SeaBird Exploration has received a letter of intent (LOI) for the provision of two source vessels for an ocean bottom node (OBN) project.
TechnipFMC wins another subsea contract in Stabroek Block
TechnipFMC has secured a contract by Exxon Mobil Corporation affiliate Esso Exploration and Production Guyana to supply the subsea production system for the Yellowtail development in the Stabroek block.
Solstad hands over another vessel to undisclosed buyer
Farstad Shipping, a subsidiary of Solstad Offshore, has sold another one of its vessels to a buyer, whose identity was not revealed.
COP26 ends with ‘weak and compromised’ line on phasing down fossil fuels
After two weeks of intense negotiations, COP26 closed over the weekend and the final outcome is a document known as the Glasgow Climate Pact.
India needs to step up investment in its shipping sector
India continues to have a smaller share in the international shipping sector and has been forced to become a net importer of shipping services especially ship finance, a new report shows.
UK firm to power Jan De Nul’s new subsea trencher
MJR Power and Automation has secured a contract with offshore equipment supplier Osbit to assist with the design and construction of a 1200 kW offshore power van for the Swordfish subsea trenching vehicle.
SCF secures green loan for 2 new shuttle tankers
Russia’s largest shipping company PAO Sovcomflot (SCF Group) has signed a new $110 million credit facility to finance two new ice-class shuttle tankers.
Saipem to get over $600 million from two fresh deals
Saipem has been awarded two new offshore contracts for transportation and installation activities for a total amount of over $600 million.
Fugro opens remote operations center in India
Fugro has opened a new Remote Operations Center (ROC) in India, set to provide support to a variety of projects, starting with remote anchor positioning and remote client solutions.
Saab Seaeye breaks personal record as Ocean Infinity orders 10 eWROVs
Saab Seaeye has signed a contract with launch customer Ocean Infinity for ten of its new electric work remotely operated vehicles (eWROVs).
GIP to sell interest in Freeport LNG to JERA
U.S. infrastructure investment fund Global Infrastructure Partners (GIP) will sell its 25.7 per cent interest in Freeport LNG to JERA Americas for $2.5 billion.
Shell to ditch dual share structure and Royal designation to speed up transition
Royal Dutch Shell will simplify its share structure and remove the Royal designation from its name to speed up its transition.