Danish investment fund Navigare Capital Partners will become a shareholder in Norwind Offshore, an offshore wind-focused vessel company established in Norway in 2021.Navigare Capital Partners specializes in investments in maritime assets. 'The…
Norwegian owner and operator of offshore service vessels Golden Energy Offshore is deploying Inmarsat’s Fleet LTE service to meet the growing data requirements of modern offshore operations and support sustainability.Headquartered in Ålesund…
Norwegian firms Telenor, Aker ASA and Cognite say a new software security company they plan to launch this year will help companies protect their industrial assets from an increased cyber-attack risk since Russia's invasion of Ukraine.'More and more (industrial) objects (are) being connected…
Offshore oil and gas producer Talos Energy on Tuesday said it was interested in scooping up new production, particularly as major oil companies shed assets in a bid to decarbonize.'We're a natural consolidator, particularly when you think about the Gulf of Mexico…
Inspection Verification Bureau (IVB) has secured a contract with Wintershall Noordzee in the Netherlands, to deliver verification services for all its platforms in the Dutch sector of the North Sea, and for one onshore facility. The contract value was not disclosed…
Norwegian offshore energy engineering and construction company Aker Solutions said Wednesday it had secured a sizeable contract from Equinor to deliver the subsea production system for the Halten East development, offshore Norway.Aker Solutions defines a sizeable contract as being between NOK 0…
Offshore accommodation company Prosafe has secured a firm contract with the Brazilian oil company Petrobras to provide the Safe Eurus semi-submersible vessel for safety and maintenance support offshore Brazil.The contract has a firm period commitment…
Norwegian oil firm Equinor and Halten East partners Vår Energi, Spirit Energy, and Petoro have decided to invest around NOK 9 billion (around $937,5 million) to develop the area near the Åsgard field in the Norwegian Sea.The area consists of…
Danish offshore vessel owner Maersk Supply Service said Wednesday it had won a long-term contract with ExxonMobil in Angola.The contract is for the provision of project management, engineering, and marine services in support of the development…
Woodside Energy Group, Australia's top independent natural gas producer, sees liquefied natural gas (LNG) prices staying high for a few years as the market adjusts to supply disruptions after sanctions on Russia for its Ukraine invasion.'With the invasion…
Norwegian marine equipment and technology firm Kongsberg Maritime has signed a contract worth around EUR 28 million (~$29,9 million) with Chinese shipbuilder COSCO Shipping (Qidong) Offshore to deliver a technology package for an F-Class, Foundation…
UAE-based shipbuilder Drydocks World has signed a contract with Malaysian FPSO specialist Yinson to upgrade, refurbish, and convert a floating production storage and offloading (FPSO) vessel, which is planned to be deployed at Enauta's Atlanta field offshore Brazil…
Norwegian oil and gas company Equinor has made an oil discovery at the Snøfonn Nord exploration well in the Johan Castberg area in the Barents Sea, off Norway.According to Vår Energi, Equinor's partner in the license, the exploration well, in PL 532…
The merry-go-round of liquefied natural gas (LNG) between Europe and Asia appears to be tilting back toward Asia as buyers in the top-consuming region start to chase cargoes ahead of the summer demand peak.The dynamics of the LNG market for…
Israel's NewMed Energy [formerly known as Delek Drilling] on Monday said it was moving forward with the development of the Aphrodite natural gas field offshore Cyprus and reported a drop in quarterly profit as new tax regulations took effect…
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