Business Developments & Projects
Equinor pushes Hammerfest LNG start-up date to May
Norwegian oil major Equinor has pushed back the planned restart of its Hammerfest LNG facility from the end of March to 17 May 2022.
Aker BP building data factory in the cloud to improve productivity
Aker BP has joined forces with Accenture to develop and deploy a cloud-based solution to improve oil and gas operations.
U.S. offshore rig count in idle mode for two weeks in a row
The number of offshore rigs in the U.S. stayed flat at 18 units for two consecutive weeks, according to Baker Hughes’ rig count report.
Furetank to boost Vinga fleet with new green ship
Swedish shipping company Furetank has ordered a dual-fuel tanker from Chinese shipbuilder China Merchants Jinling Shipyard – former AVIC.
In focus: Cross-sector collaborations replacing fossil fuels with green energy
In the face of decarbonisation challenges, presenting a united front seems to be a way around for offshore energy players. During the last week of January, we have witnessed a number of cross-sector collaborations established with a single aim to eliminate carbon emissions and reach the net-zero des
Chevron books fourth-consecutive quarterly profit
U.S. oil and gas major Chevron returned to profit in the fourth quarter of 2021 from a loss in the prior-year period.
Donsötank’s new hybrid electric tanker bunkered with LNG
Dutch marine fuel supplier Titan LNG has completed the LNG bunkering of MT Prospero — Donsötank’s new 22,000 dwt product and chemical tanker.
UK pipeline decom firm targets more oil & gas clients with new facility
Northern Ireland-headquartered pipeline decommissioning specialist Decom Engineering has opened a new facility near Aberdeen as it wants to target new North Sea oil and gas clients. The investment valued at more than £250,000 is expected to allow faster deployment of Decom’s assets to clients workin
Clash between rig and vessel spotlights safety perils arising from ‘commercial pressure’
The recent collision in the North Sea highlights hidden safety threats arising from disregarding maritime procedures for the sake of profit.
Hafnia buys 12 Scorpio tankers, closes CTI takeover
Singapore-based tanker owner and operator Hafnia has entered into a framework agreement for the purchase of 12 vessels from Monaco-based counterpart Scorpio Tanker.
HydroQuest on the lookout for tidal turbine blade supplier
French tidal energy company HydroQuest is looking for a partner specializing in the production of composite blades for its next-generation tidal energy turbines.
U.S. judge quashes Gulf of Mexico oil & gas lease sale due to climate impact
U.S. judge has invalidated the results of an offshore oil and gas lease sale in the Gulf of Mexico held by the Biden administration in 2021.
Schlumberger solution to help optimize Northern Lights performance
The Northern Lights joint venture has selected Schlumberger to deliver its DELFI digital platform for the Northern Lights carbon capture and storage project in order to optimize performance in carbon transport and storage. The DELFI cognitive E&P environment will be used to streamline subsurface wor
Shell gains approval to use Transocean rig for Ormen Lange drilling
Shell has received consent from Norway’s offshore regulator for exploration drilling in the Norwegian Sea with one of Transocean’s rigs.