Business Developments & Projects

Study on underwater dunes completed off Dunkirk
A collaborative research and development (R&D) project DUNES has completed the studies on the underwater dunes offshore France.

Neptune wraps up Dugong appraisal well testing
Neptune Energy has completed the formation and flow testing (DST) of an appraisal well on the Dugong discovery located offshore Norway.

Management services wanted for EuroAsia Interconnector
EuroAsia Interconnector has issued a tender seeking provision of project management and owner’s engineering services for the Cyprus-Greece (Crete) Link.

Well Expertise deploys blockchain-backed smart contract network for Wellesley’s wells
Data Gumbo announced Well Expertise will deploy GumboNet across its well portfolio for frame agreements and well contracts with Wellesley.

Industry majors, oil & gas players shortlisted for French floating wind tender
Equinor, Shell, Eni, and TotalEnergies have been selected to participate in France’s first tender dedicated to floating wind.

Repsol Sinopec awards 14-well decom deal to Well-Safe
Repsol Sinopec has awarded a contract to Well-Safe for the decommissioning of 14 subsea wells in Hannay and Buchan fields.

SEA-KIT USV first to demonstrate hydrogen fuel cell technology
SEA-KIT International has secured funding to install a hydrogen fuel cell on its 12-metre unmanned surface vehicle (USV) Maxlimer, representing an industry first.

Kongsberg to digitalise Island Offshore’s 26-vessel fleet
Kongsberg Digital has signed a contract with Island Offshore to digitalise its fleet of 26 offshore service vessels with Vessel Insight.

Lundin looking to sanction North Sea discoveries before end of 2022
Following successful completion of appraisal wells on the Lille Prinsen discovery, Lundin will now work to submit a PDO by the end of 2022.

SBM Offshore closes largest project financing in its history
SBM Offshore has completed the project financing of FPSO Sepetiba for a total of $1.6 billion, the largest project financing in its history.

Aker BP hands out first major contracts for North Sea development
Aker BP has awarded FEED contracts worth nearly NOK 700 million to alliance partners related to the development of NOA Fulla off Norway.

Norway’s mature areas licencing round attracts bids from 31 oil & gas players
The Norwegian Ministry of Petroleum and Energy has received applications from 31 companies in connection with the APA 2021 in Norway.

Longboat sees start of drilling ops on its first-ever exploration well
Vår Energi has started drilling the Rødhette exploration well, the first in a series of seven wells where Longboat Energy will participate.

TechnipFMC’s Dunfermline Campus rolls out 1,300th subsea tree
TechnipFMC’s Dunfermline Campus in the UK has achieved a milestone with the completion of its 1,300th subsea tree. The milestone subsea tree, completed on 14 September, is set for delivery to Equinor’s Snorre project offshore Norway. Since its opening in 1974, the facility has delivered XTs to 34 cu