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Subsea 7 Bags Sizeable Middle East Contract

Jul 14, 2021

Subsea equipment and installation firm Subsea 7 said Wednesday it had secured a sizeable contract in the Middle East. Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.The scope of work, for an unnamed client…

Petrofac Nets Three-year Deal with ONEgas

Jul 14, 2021

Oilfield service firm Petrofac has secured a new three-year contract with ONEgas, an integrated cross-border asset between Shell UK and the Nederlandse Aardolie Maatschappij (NAM).  The contract, secured by Petrofac’s Engineering and Production…

Sparrows' Alpha to Prepare 88 Wind Turbine Platforms for Walk-to-work (UK)

Jul 14, 2021

Sparrows Group's subsidiary Alpha has said it has been awarded a contract to carry out wind turbine platform modifications in support of a new walk-to-work system at a UK east-coast offshore wind farm.Alpha and Sparrows team will construct and install push-on plates…

Equinor, Ardyne Extend Offshore Well Decommissioning Tech Partnership

Jul 14, 2021

Norwegian energy company Equinor has agreed on a second joint industry project (JIP) with UK/Norway-based fishing, milling, and casing recovery provider Ardyne to further develop Ardyne's TITAN RS technology.Ardyne said the JIP would aim 'to…

Siem Offshore Names New CFO

Jul 14, 2021

Norwegian offshore vessel operator Siem Offshore has named a replacement for its departing CFO Dagfinn B Lie.Two weeks ago, Siem Offshore said that Dagfinn B Lie would resign as CFO in the company, but it didn't at the time say who would be the next CFO…

BP, EnBW Reveal Irish Sea Wind Farms' Names

Jul 14, 2021

BP and EnBW announced the names of their new offshore wind projects in the Irish Sea off Wales on Wednesday, as well as a dedicated supplier portal for the projects.The two offshore wind farms - named Morgan and Mona - will once built, have a combined potential generating capacity of 3GW…

Norway: OMV Wraps North Sea Well Drilling

Jul 14, 2021

Austrian oil and gas company OMV has completed the drilling of the wildcat well 1/3-13 in the North Sea, offshore Norway.Using Maersk Drilling's Maersk Integrator jack-up rig, OMV Norge, a subsidiary of OMV, drilled the well near the 1/3-11 (Ipswich) oil find…

Giant Floating Solar Farm Unveiled in Singapore

Jul 14, 2021

Singapore unveiled on Wednesday one of the world's largest floating solar panel farms, spanning an area equivalent to 45 football fields and producing enough electricity to power the island's five water treatment plants.The project is part of…

Tullow Oil Expects Full-year Cashflow of $600M

Jul 14, 2021

Africa-focused Tullow Oil expects a full-year operating cashflow of $600 million, steady from last year, if the oil price averages $60 a barrel for the rest of the year, it said on Wednesday.If oil prices, currently at around $76 a barrel, average $70 for the remainder of the year…

Huisman Scales Up 3D Printing

Jul 13, 2021

Cranes manufacturer Huisman said it has successfully tested four new 3D printed 350mt crane hooks under the supervision of the independent certification authority Lloyd's Register.The hooks are approx. 170 by 130cm in size, almost nine times larger than the first Huisman 3D printed crane hook…

Simon Møkster's Vessel to Provide W2W Services at Floating Wind Farm in Norway

Jul 13, 2021

Norwegian offshore vessel owner Simon Møkster Shipping has recently won a contract with Equinor for service operation vessel (SOV) services for the Hywind Tampen floating wind farm project in Norway.The 88 MW Hywind Tampen, which will be the world's largest floating wind farm once built…

Saipem Closes Purchase of Naval Energies' Floating Wind Business

Jul 13, 2021

Italian energy industry services provider Saipem is set to complete the acquisition of the French Naval Energies' floating wind business.The two companies first announced the agreement on June 4, and now all the necessary conditions for the completion of the deal have been fulfilled…

8 Rivers Capital, Sembcorp Energy to Build Net-Zero Emissions Plant in UK

Jul 13, 2021

U.S. clean technology firm 8 Rivers Capital and Sembcorp Energy UK, a subsidiary of Singapore-based Sembcorp Industries, plan to build a net-zero emissions power plant in Teesside in northeast England, the firms said on Tuesday.The 300-megawatt project…

Vard Electro to Install Hybrid Battery on Atlantic Towing's Platform Supplier

Jul 13, 2021

Marine electrical systems supplier Vard Electro will equip Atlantic Towing's platform supply vessel Atlantic Shrike with a hybrid battery power system.'Atlantic Towing is the first company to implement this multiple mode application of battery…

Decarbonizing Offshore Drilling: FUELSAVE Pens Deal with Seadrill

Jul 13, 2021

Germany-based 'cleantech' provider FUELSAVE has signed a contract with offshore drilling company Seadrill to deploy its advanced combustion conditioning technology on Seadrill's drillship.The technology promises to reduce primary fuel oil consumption and cut Co2 and GHG emissions from the rig…

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