Business Developments & Projects
Noble rig on the move to drill Santos wells
The Noble Tom Prosser jack-up drilling rig is currently mobilising to drill the Pavo-1 well in the Bedout Basin offshore Australia for Santos.
Klaipedos Nafta to acquire FSRU Independence from Hoegh LNG
Lithuanian LNG terminal operator Klaipedos Nafta will acquire the FSRU Independence from Hoegh LNG at the end of its lease agreement.
UK’s OGA looking for new CEO as Samuel prepares for exit
UK’s petroleum regulator has reported that its CEO will be stepping down at the end of the year after eight years in the role.
OCTIO wins multi-year geophysical monitoring Ormen Lange deal
Bolstering the long-standing collaboration, Norske Shell, a Norwegian subsidiary of the oil major Shell, has awarded a multi-year geophysical monitoring contract to Reach Subsea’s OCTIO for the Ormen Lange field.
Ocean Sun appoints new interim CFO
Norwegian floating solar developer Ocean Sun has appointed Roar Jakobsen as its interim chief financial officer (CFO).
World’s first ammonia-ready vessel delivered
Greek Shipowner Avin International has taken delivery of Kriti Future, the first ammonia-fuel ready vessel in the world.
Vår Energi unveils Oslo IPO terms
Vår Energi has revealed plans to increase its dividend for 2022 and disclosed details regarding an IPO and listing of shares on Oslo Børs.
PGS, ION integrate joint datasets in Trinidad Deepwater Open Bid Round
Seismic players Petroleum Geo-Services (PGS) and ION Geophysical have integrated their seismic datasets in the Trinidad Deepwater Open Bid Round launched by the country’s Ministry of Energy and Energy Industries.
Afreximbank to promote LNG distribution in West Africa
Fund for Export Development in Africa (FEDA), a subsidiary of African bank Afreximbank, has invested in Ecow-Gas, an LNG distribution infrastructure platform in the West Africa region.
FPP presents final design for wave energy PTO test bench
Danish company Floating Power Plant (FPP) has presented the final design of what is said to be the world’s largest power take-off (PTO) test bench for wave energy devices.
Mitsubishi Shipbuilding forms marine decarbonization business unit
Mitsubishi Shipbuilding has established Marine Decarbonation Business Development Group responding to the energy transition strategy promoted by the group.
Venture Global starts LNG production at Calcasieu Pass
U.S. LNG project developer Venture Global LNG has started with LNG production at its new Calcasieu Pass export facility in Louisiana on 3 February 2022.
Turkish drillship wraps up all planned well tests on Black Sea gas field
Turkish oil and gas operator TPAO has completed all planned flow tests in the Sakarya gas field located in the Black Sea.
More work for Solstad’s CSVs amid strong renewables and oil&gas demand
Norwegian Solstad Offshore has secured multiple contracts for several of its subsea construction support vessels (CSVs) as the market continues to improve with strong demand from both renewable energy and oil & gas activity.