Ocean data company XOCEAN announced on Wednesday that it has completed the acquisition of autonomous hydrographic survey company 4D Ocean.The announcement follows the news of XOCEAN’s successful €7.9 million funding round earlier this month…
Norway's $1 trillion sovereign wealth fund has removed Brazilian oil firm Petrobras from a watchlist of firms that could be dropped as investments due to ethical concerns, the central bank said on Tuesday.Petrobras was put under observation in 2016 over corruption risks…
Premier Oil, the UK-based gas and oil company, announced that it has achieved First Gas from its operated Bison, Iguana and Gajah Puteri (BIG-P) project in the Natuna Sea Block A offshore Indonesia.The two-year project was delivered on schedule and significantly below budget…
Oil and gas company Neptune Energy has awarded new drilling services contracts for its its 50 million barrel Seagull project in the UK North Sea worth a total of $40 million.US oilfield services giant Halliburton will supply equipment from its base in Arbroath for Seagull…
French cables manufacturer Nexans has signed a framework agreement with Denmark’s global offshore wind giant Ørsted A/S and New England utility Eversource Energy to take part in the offshore wind farm development in North America.According to the provider of cabling and connectivity solutions…
Offshore installation contractor DeepOcean has decided to extend the contract for Solstad Offshore's construction support vessel (CSV) Normand Jarstein.Solstad Offshore, the Norwegian offshore service and supply ship shipping company, said that…
U.S. offshore wind farm support company Atlantic Wind Transfers (AWT) has signed a multi-million-dollar, market-first order for two state-of the-art Chartwell 24 Crew Transfer Vessels (CTVs), developed by Chartwell Marine.The vessels, to be deployed in support of new wind farms off the East Coast…
Ardea, a 20-meter catamaran crew transfer and support vessel, was delivered to Cape Preston in Western Australia earlier in 2019, Australian marine engineering design company Incat Crowther announced.Built by Echo Marine Group, the Incat Crowther 20 design has proven speed…
Norway's Petroleum Safety Authority Norway (PSA) said it has launched an investigation into an oil leak from the Equinor-operated Statfjord A facility on November 26, 2019.This discharge was detected by the observation of oil on the sea surface alongside the North Sea platform…
VIKING has secured a contract from Kværner AS to deliver three VIKING Norsafe E-GES 52 electric free-fall lifeboats and compatible davits, in a significant advance for electric propulsion. The contract, part of the upgrade of Equinor’s Njord A platform in the Norwegian Sea…
Vår Energi said on Tuesday it has signed a partnership agreement with Capgemini to accelerate digital transformation.Under the agreement, Capgemini will support Vår Energi’s Digital transformation program, including delivery of digital services…
Dana Incorporated has introduced a complete range of Fairfield jack-up gearboxes for offshore applications.The manufacturer now offers a jack-up package for workboats and offshore platforms that combines a high-torque Fairfield jack-up drive with a hydraulic- or electric-powered motor…
Aquarius Marine Coatings Ltd. (AMC) has launch its anti-foul coating, Coppercoat-Commercial, in the offshore oil and gas sector. The coating, which contains exceptionally high levels of copper, a natural anti-microbial agent, protects subsea infrastructure against layers of plant…
Australia's Woodside Petroleum on Tuesday said the final field development plan for the Sangomar oil field was submitted to Senegal government, a joint project owner, paving the way for partners to proceed with final investment decisions.The oil and gas explorer…
Santos Ltd on Tuesday increased its forecast for 2025 production by 20% underpinned by oil and gas projects it plans to develop in Australia and Papua New Guinea.The company plans to produce 120 million barrels of oil equivalent (mmboe) a year by 2025…