Outlook & Strategy
Former CEO of Transocean JV takes the same role at Northern Ocean
Oslo Stock Exchange-listed offshore drilling contractor Northern Ocean, a spin-off company of Northern Drilling, has picked a new Chief Executive Officer (CEO) to spearhead the company and oversee the implementation of its growth strategy.
Danish Shipping counts on Denmark-Germany deal on North Sea Energy Island to support its green ships and fuels vision
As Denmark is starting negotiations with Germany on the North Sea Energy Island, the proposed artificial energy island in the North Sea, the trade and employer association Danish Shipping is optimistic the possible agreement will bring the necessary infrastructure to support the association’s invest
ADNOC, Petronas and Storegga team up for carbon capture and storage off Malaysia
Malaysian state-owned energy giant Petronas, Abu Dhabi National Oil Company (ADNOC), and UK’s carbon capture and storage (CCS) company Storegga have signed a joint study and development agreement (JSDA) to evaluate the CO2 emissions storage capabilities of saline aquifers and the construction of CCS
Stolt Tankers barge switches to 100% renewable fuel to underpin sustainability strategy
Tanker operator Stolt Tankers, part of London-based transportation group Stolt-Nielsen Limited, has bunkered one of its barges with 100% renewable fuel for the first time, reaching a new milestone in its sustainability journey. The barge Stolt Main was bunkered with HVO100, a synthetic renewable die
Shipping industry nears 100-installation milestone of wind propulsion systems
The application of WAPS across a variety of vessel types is nearing a tipping point with deployment likely to increase rapidly, LR said.
TGS starts rebranding streamer fleet, gets OBN contract extension in North America
Amid the process of rebranding its offshore streamer fleet, Norwegian seismic company TGS has secured the extension of an existing ocean bottom node (OBN) data acquisition contract in North America. The four-month extension to the existing contract will build on existing operations, enhancing the cl
DeepOcean’s subsea vessel to keep servicing its lifetime client for another five years
Norway-based ocean services provider DeepOcean has secured a five-year contract extension with a Mexican company that provides services and solutions for the oil industry for its construction and subsea vessel. Thanks to the contract extension with Diavaz, DeepOcean’s Arbol Grande vessel will work o
Kent demystifying oil & gas decarbonization economics
Dubai-headquartered engineering and services company Kent is developing a comprehensive report aiming to offer guidance for determining the cost of decarbonization, including its societal aspect, in the upstream oil and gas industries on behalf of the London-based Energy Institute.
JDR’s Chief Strategy Officer: ‘Look at floating wind’
JDR Cable Systems is already at the forefront of the production and supply of dynamic subsea cables to the floating wind market and will become a leader as the market expands, JDR’s Chief Strategy and Compliance Officer said in an interview with our sibling news site offshoreWIND.biz. In this articl
Rig mobilizes for ‘UK’s first CO2 well injection’
A 1981-built non-propelled self-elevating cantilever jack-up rig has mobilized for the commencement of what will be the UK’s first CO2 well injection test. Perenco UK and Carbon Catalyst Limited secured a license to progress the Poseidon CCS project at the Leman gas fields in the UK southern North S
Op-ed: The digital age of sails
In shipping’s modern age, harnessing wind power is as much about adopting solutions like weather routing and voyage optimisation as it is about the physical wind-assisted propulsion system (WAPS) itself.
Van Oord fallpipe vessel powered by biofuel cuts emissions by 26%
The Netherlands-headquartered Van Oord has taken a step seen as a milestone in its decarbonization efforts with the first delivery of biofuel for its 2011-built flexible fallpipe vessel. The biofuel delivered for the Stornes flexible fallpipe vessel in Norway is a B30 blend, consisting of 30% hydrot
UK firm plans recruitment drive following contract with Subsea7
UK energy sector construction, maintenance & enhancement solutions player Global Energy Group is set to soon launch a recruitment drive to cover key fabrication operations at one of its facilities, following a new contract with Subsea7. Global Energy Group has been awarded another contract from Subs
Funding granted for offshore low-carbon hydrogen production project in Wales
Dolphyn Hydrogen, Celtic Sea Power, ORE Catapult and Wales and West Utilities have secured funding to deliver the Milford Haven: Hydrogen Kingdom (MH:HK) project.