Business & Finance
TechnipFMC pipelay support vessel wins long-term contract with Petrobras
TechnipFMC has secured a long-term charter and services contract by Brazil’s Petrobras for its pipelay support vessel Coral do Atlântico. The Brazilian-registered vessel has been secured on a three-year contract, with an option to extend. Coral do Atlântico will mainly be deployed in ultra-deepwater
Valaris drillship first in the world to get new ABS electrical system notation
Valaris DS-12 has become the first vessel in the world to receive the ABS Enhanced Electrical System Notation EHS-E.
Chevron reveals brand new GHG intensity target bent on achieving net-zero by 2050
Chevron has adopted a 2050 net-zero aspiration for upstream Scope 1 and 2 emissions and set a new 2028 GHG intensity target for Scope 1, 2, and 3 emissions.
Peterson eyes carbon neutral status by the end of next year
International energy logistics provider Peterson has disclosed its sustainability goal to be carbon neutral by the end of 2022.
Qatar Petroleum changes name to reflect strategy focusing on energy transition
Qatar’s state-owned oil and gas company Qatar Petroleum has changed its name to reflect its energy transition focus.
DOF Subsea partners up with OFG for AUV services
DOF Subsea and Ocean Floor Geophysics (OFG) have entered into a strategic alliance for global autonomous underwater vehicle (AUV) services.
Subsea 7 sets net-zero by 2050 goal
Subsea engineering, construction and services company Subsea 7 has revealed its target to achieve Net Zero greenhouse gas (GHG) emissions by 2050.
Aker BP spuds North Sea prospect with Maersk rig
Aker BP has started drilling operations on its Mugnetind exploration well located offshore Norway, using a Maersk Drilling-owned jack-up rig.
Saipem books Fugro’s InclinoCam for Greater Tortue Ahmeyim
Fugro has secured a monitoring contract by Saipem to support the construction of a liquid natural gas (LNG) jetty for BP’s Greater Tortue Ahmeyim field offshore Senegal and Mauritania.
Vår Energi’s new discovery at lower end of pre-drill forecast
Norwegian oil and gas company Vår Energi has made a discovery at the Rødhette exploration well, located in the Barents Sea off Norway.
BW Energy wins two blocks in core areas off Gabon
BW Energy has been awarded two exploration blocks off Gabon, close to its Dussafu licence and within tie-back distance of existing infrastructure.
Seadrill gets support from lenders for reorganisation plan
Offshore drilling contractor Seadrill has seen its reorganisation plan overwhelmingly accepted by all classes of voting creditors and shareholders and is on track to exit Chapter 11.
Kotug inks deal with Perenco for towage support in Gabon
Kotug has signed a long-term contract with Perenco Oil & Gas to provide towage support for the company’s operations offshore Gabon.
Two players working to bring North Sea prospect to drill-ready status
Orcadian Energy has reached a non-binding agreement with Carrick Resources related to a farm-out of a prospect in the UK North Sea.