The Norwegian government is seeking approval from parliament to divest the state's stakes in Aker Solutions, Akastor, Aker Offshore Wind and Aker Carbon Capture, the industry ministry said on Tuesday.'We are in no hurry to sell the government's…
Ocean bottom seismic company Seabed Geosolutions said Monday it had secured a contract for a baseline 4D ocean bottom node (OBN) survey as well as a future 4D monitor OBN survey in Brazil for Petrobras, both covering the Sapinhoa Shared Reservoir in the Santos Basin…
Singapore-based oil and gas module building firm Dyna-Mac has won new contract worth S$157.50 million ($116,9 million) but has also said it has lost a contract for work on an offshore vessel, which was awarded in April 2020.Dyna-Mac said Tuesday…
British oil major BP and Danish wind developer Ørsted have signed an agreement to work together to develop a project for industrial-scale production of green hydrogen in Germany.Green hydrogen is made by the electrolysis of water using renewable power…
Unmanned platforms and underwater vehicles have been providing new ways for ocean scientists to study the ocean in more detail and over longer periods. What happens if one can deploy the other?The advantages of unmanned systems deploying others are multiple…
Italian oilfield services firm Saipem has recently received approval from ExxonMobil to proceed with the final phase of its work scope at the Payara development project offshore GuyanaSaipem in November last year won a provisional contract for Payara with the scope including Subsea Structures…
Joe Biden could erase much of President Donald Trump’s four-year legacy of energy and climate deregulation with the stroke of his pen, according to regulatory experts, but replacing it with something new and durable may prove trickier.Trump’s…
Australian oil and gas company Woodside has informed that the company and BHP, partners in the Scarborough offshore gas field in Australia, have received offers for the grant of petroleum production licenses for the blocks containing the gas field…
Malaysia's Handal Energy has said it has, through a subsidiary won a pipeline isolation contract with ExxonMobil in Malaysia.Handal said Monday that ExxonMobil Exploration and Production Malaysia had awarded the contract to Borneo Seaoffshore Engineering (“BSO Engineering”)…
Predictive analytics company VROC has won a contract with oil firm Taqa to provide predictive maintenance software for Taqa's North Sea oil and gas platformsThe three oil and gas platforms, Tern, Cormorant Alpha, and Harding, located in the UK North Sea will initially use the technology…
Norwegian oil and gas firm Vår Energi has chartered two offshore support vessels, which the company says will help it reduce environmental footprint.One is the Olympic Energy platform supply vessel, owned by Olympic Shipping, the other is Tidewater's 2012-built Troms Sirius platform supply vessel…
SubC Imaging released its new Offshore Real-Time Video Streaming Solution. The low-latency video streaming solution enables live streaming of subsea video from ROV, and other subsea systems, allowing decision-makers real-time operation of remote assets from anywhere in the world…
Norwegian shipbuilder Ulstein on Sunday launched Nexans’ new cable-laying vessel, the ‘Nexans Aurora’.The hull of the vessel, built at CRIST, Poland, arrived at Ulstein Verft in June 2020. It has since been fitted with electrical installations…
Two Norwegian offshore energy services firms Aker Solutions and Kvaerner said Monday that all conditions had been met for their proposed merger to proceed.The two companies announced the proposed merger in June. Under the terms, Aker Solutions will absorb all the assets…
Tidal energy developer Atlantis, with its partner Asturfeito SAU, has said that the two companies' variable pitch system for tidal turbine generators project (VPSTTG), aimed at reducing has been given the green light to proceed to the manufacturing stage…
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