Business Developments & Projects
Aker BP’s Mugnetind well does not live up to pre-drill expectations
Aker BP has found a minor oil discovery on its Mugnetind exploration well, however, the findings are below pre-drill expectations.
Longboat reports on Equinor’s ‘material light oil’ discovery at Egyptian Vulture
Longboat Energy has announced ‘a material light oil’ discovery at the Egyptian Vulture exploration well, offshore Norway.
Serica to delay Columbus production start-up
Serica Energy has confirmed the start-up of production at its Columbus field located in the Central North Sea will be delayed
Dana awards North Sea well contract to Island Drilling
Dana Petroleum has signed a contract with Island Drilling Company to drill one well on the UK Continental Shelf (UKCS).
Germany to promote construction of LNG bunker vessels at local yards
Germany has decided to provide subsidies in order to stimulate the construction of vessels for bunkering liquefied natural gas (LNG) and renewable fuels.
RINA joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
The Royal Institution of Naval Architects (RINA) has signed a partnership agreement with the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping (MMMCZCS), a not-for-profit international research and development center dedicated to the decarbonization of the shipping industry.
First season of NOAKA OBN survey done
TGS has completed the first season of the NOAKA ocean bottom node (OBN) seismic survey on the Norwegian Continental Shelf (NCS).
Offshore regulator follows up on Equinor’s Johan Castberg development
The PSA, Norway’s offshore safety watchdog, has confirmed Equinor will not get consent for Johan Castberg until the operator corrects all nonconformities.
Echandia wins order for world’s 1st zero-emission high-speed catamaran
Stockholm-based energy systems provider Echandia has signed an agreement to supply the world’s first emission-free high-speed catamaran with an integrated battery and hydrogen-based fuel cell system.
TechnipFMC, Saipem jointly pursue SURF projects
TechnipFMC and Saipem have entered into a global commercial agreement to identify projects worldwide that could be jointly executed for the benefit of clients.
Orcadian Energy seeking FPSO for North Sea oilfield development
Orcadian has received three expressions of interest for the provision of an FPSO vessel for the Pilot development in the North Sea.
Reach Subsea extends Havila Subsea charter
Reach Subsea has entered into an agreement with Havila Shipping to extend the contract for the inspection, maintenance and repair (IMR), survey and construction vessel Havila Subsea.
Shell vows to halve scope 1 and 2 emissions by 2030
Shell has set a new target to reduce its Scope 1 and 2 emissions by 50 per cent compared to 2016 levels by 2030, regardless of the outcome of its appeal against the Dutch Court’s ruling.
TGS,PGS,CGG launch unified seismic data ecosystem
TGS, PGS, and CGG have launched a unified seismic data ecosystem giving access to three of the world’s largest multi-client libraries via a single log-in.