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Courtesy of ABS
Subsea

In focus: Recent developments in the energy transition race

With the In focus column, Offshore Energy delivers a weekly snapshot containing the most relevant energy transition items.

about 5 years ago
Ocean Harvesting Technologies’ wave energy technology
Subsea

In focus: In pursuit of carbon-neutrality – the holy grail of energy transition

In this week’s edition of our In Focus article, we take a deep dive into the most relevant developments from the energy world targeting emission cuts. In the Fossil Fuels market, oil and gas company Lundin Energy sold what has been described as the world’s first-ever certified carbon neutrally produ

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about 5 years ago
Illustration (Courtesy of Polarcus)
Subsea

Shearwater hooks Polarcus assets

Seismic exploration company Shearwater GeoServices has acquired marine seismic acquisition assets previously owned by Polarcus.

about 5 years ago
Eidesvik Offshore's service operations vessel Acergy Viking
Subsea

In focus: Energy and shipping sectors in symbiosis for net-zero

Offshore Energy continues with its new In focus weekly feature, spotlighting the latest energy transition developments, after our first edition went online on 16 April. Following last week’s news on the U.S. oil giant Chevron’s entrance into the offshore wind market and note that the company has not

about 5 years ago
energy transition
Subsea

In focus: Piecing together the energy transition puzzle

The offshore energy sector is currently going through a major change with the energy transition and sustainability as a driving force.

about 5 years ago
Photo of the Vyacheslav Tikhonov (Courtesy of PXGEO)
Subsea

PXGEO buys Vyacheslav Tikhonov vessel from Polarcus

PXGEO Seismic Services has entered into binding agreement to acquire Vyacheslav Tikhonov vessel from its current owner Polarcus, subject to the sanction of the Grand Court of the Cayman Islands.

about 5 years ago
Illustration (Courtesy of Polarcus)
Subsea

Polarcus agrees standstill and settlement terms with lenders

Marine seismic company Polarcus has agreed standstill and settlement terms with its lenders who have committed to refrain from exercising any further security interests over the Polarcus Group or their assets.

about 5 years ago
Andrew McDowell, Operations Director at Aquaterra Energy
Subsea

Aquaterra bags largest riser analysis job ever

Aquaterra Energy has secured its largest riser analysis contract to date with a Middle Eastern operator to provide riser analysis.

about 5 years ago
Photo of Enshore Subsea’s T1 trenching asset, Middle East 2018 (Courtesy of Al Gihaz Holding)
Subsea

Saudi group acquires Enshore Subsea

Al Gihaz Contracting, part of Saudi-based Al Gihaz Holding, has completed the acquisition of assets, intellectual property and the management systems of subsea trenching company Enshore Subsea.

about 5 years ago
Photo showing the signing of the agreement between HPR ROV and i-Energy (Courtesy of HPR ROV)
Subsea

ROV specialist grows international footprint

Scottish ROV specialist HPR ROV has signed a two-year agreement with Saudi-based Intelligent Energy Services (i-Energy) to act as its exclusive agent in the region.

about 5 years ago
Eelume
Subsea

Robots could save billions in drilling costs but risk oil & gas jobs, Rystad says

Robots could replace hundreds of thousands of oil and gas jobs and save billions in drilling costs by 2030, according to a report by Rystad Energy.

about 5 years ago
Photo of Ramform Tethys vessel (Courtesy of PGS)
Subsea

PGS secures 3D survey work offshore Egypt

Norwegian seismic player PGS has been awarded a high-fidelity 3D exploration program by a supermajor offshore Egypt.

about 5 years ago
Saipem will for for the North Field project for Qatargas
Subsea

Saipem nets new deal with Qatargas worth over $1 billion

Saipem has received from Qatargas a letter of award worth over $1 billion related to the North Field Production Sustainability Pipelines Project.

about 5 years ago
Photo of DP3 M/V Pride vessel (Courtesy of Expro Group)
Subsea

Expro and FTAI Ocean form well intervention vessel alliance

International oilfield service company Expro Group has formed an exclusive alliance with global vessel provider FTAI Ocean for the supply of the DP3 M/V Pride vessel that will deliver full light well intervention services to the subsea oil and gas sector.

about 5 years ago