Island Offshore has taken steps to enlarge its fleet by placing a new order with VARD, covering the design and construction of another hybrid power ocean energy construction vessel (OECV) three months after ordering the first one.
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SSEN Transmission has revealed an investment of £125 million (close to $165.2 million), which the construction of two big green energy projects poured into the local islands’ economy and businesses located in Shetland.
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Africa Oil Corp. has set the wheels in motion to expand its ownership interest in Impact Oil and Gas, which has hydrocarbon, exploration, and appraisal assets in the Orange Basin off the coast of Namibia.
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Helix Energy Solutions has picked up multimillion-dollar long-term assignments off the coast of Brazil for two vessels, which will carry out well intervention work for the country’s energy giant, Petrobras.
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Equinor has set its cap on bolstering its hydrocarbon arsenal by injecting tens of billions of dollars over the next decade into the oil and gas developments on the Norwegian Continental Shelf (NCS).
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