Offshore drillship contractor Seadrill on Wednesday announced its emergence from Chapter 11 bankruptcy after successfully completing its reorganization.The Plan was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on October 26, 2021. 'The restructuring significantly delevered the company’s balance sheet by equitizing approximately $4.9 billion of secured bank debt previously held across twelve silos…
Danish offshore wind installation company Cadeler has bolstered its senior management team with three appointments, who will help the company grow and prepare it for busy times ahead. The new members include Pernille Korsager who joined the company in May 2022 as the company’s General Counsel (GC)…
Marine seismic survey services specialist Shearwater GeoServices is set to introduce its first dual ROV seismic vessel, which the company says will be equipped with a broad scope of operational capabilities. 'Designed to deploy ocean bottom nodes in both deep and shallow water…
Kongsberg Digital, a provider of industrial software and digital solutions, has launched the SiteCom Trip Risk application to provide up-to-date well insights for drillers.According to Kongsberg Digital, the interactive application provides users with the latest information for navigating wellbores…
Aberdeen-based risk management consultancy Marex Risk and Marine Consultancy (Marex) has won the marine services contract for the East Anglia ONE offshore wind farm in the UK, its first offshore wind project.East Anglia ONE, located off the Suffolk coast…
Korean Energy Agency (KEA) has selected assurance provider DNV to deliver Type Certification services for the South Korean wind energy market. 'This new DNV service for the Korean market will result in a convenient and cost-effective process…
Energy expert and assurance provider DNV has provided Swedish floating wind tech firm Hexicon with a Statement of Feasibility for its TwinWay demonstrator which will be installed and operated at Metacenter, off the coast of Norway. With achieving this first step in the certification process…
Operational risk management company ABSG Consulting Inc. and marine offshore and engineering consultancy Global Maritime announced their alliance to support the U.S. offshore wind sector. Global Maritime's U.S. subsidiary, American Global Maritime Inc…
After it in recent months acquired MMT and Abyssal, marine robotics and offshore survey company Ocean Infinity has now acquired maritime services company, Ambrey for an undisclosed fee.UK-based Ambrey offers offshore services including, security…
The world's biggest asset manager and top BP investor BlackRock said on Friday it had backed a shareholder resolution calling for faster climate action which the energy company's board opposed.BlackRock's vote at BP's annual general meeting…
Norwegian oil and gas giant Equinor last year said that the delivery of an FPSO, being built for the Johan Castberg field development in the Barents Sea, would be delayed after the company discovered issues with the weld quality of the hull of the FPSO under construction in Singapore…
Testing, inspection, and certification firm Bureau Veritas and offshore cable specialist Nexans have entered a partnership deal to reduce risk and promote best practices for turnkey deliveries of high voltage power cables used for connecting offshore wind farms (OWF) to onshore grids…
Engineering and technology consultancy Vysus Group - formerly LR Energy - has signed a framework agreement with the Norwegian offshore oil and gas safety body Petroleum Safety Authority Norway (PSA)The agreement will see Vysus Group support…
Earth observation data from satellites could play a key role in the decommissioning activity of offshore energy assets such as oil platforms, as well as offshore wind farms, BMT an engineering and risk management consultancy, has said.BMT has…
Norway-based risk management and quality assurance company DNV GL will change its name to DNV on March 1, 2021.The classification society, providing services to offshore and maritime industries, among others, has had the current name since the…
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