Business & Finance
Japanese ink MoU for joint ops of cable-laying vessels
Kokusai Cable Ship (KCS) and Mitsui O.S.K. Lines (MOL) have signed a Memorandum of Understanding (MoU) for collaborative operations of cable-laying vessels for the offshore wind market. The two Japanese companies plan to jointly research commercial opportunities in new subsea cable-laying demand, ma
TotalEnergies, Air Liquide, VINCI in world’s largest clean hydrogen fund
French companies TotalEnergies, Air Liquide, and VINCI are joining other international companies to sponsor the creation of the world’s largest clean hydrogen infrastructure solutions fund.
Neptune starts drilling exploration well targeting Dugong Tail prospect
Neptune Energy has started drilling on the Dugong Tail exploration well, located in the North Sea, using the Deepsea Yantai drilling rig.
Santos seeks to register Moomba CCS project with regulator ahead of sanction
Santos is starting the process in which it will apply to register its Moomba CCS project ahead of its final investment decision.
Archer board elects new director
Offshore oil services provider Archer Limited has announced the appointment of a new director to its board.
Schlumberger and AVEVA pool resources to optimise oil and gas production
Schlumberger has reached an agreement with AVEVA to advance digital solutions for oil and gas production operations.
U.S. gov’t preparing for latest Gulf of Mexico lease sale
The U.S. Bureau of Ocean Energy Management (BOEM) will hold an oil and gas lease sale for the Gulf of Mexico on 17 November 2021.
Olympic Commander finds new owner
Olympic NOR, a wholly-owned subsidiary of Olympic Subsea, has sold the multi-purpose vessel Olympic Commander. The Norwegian company did not reveal any more details about the sale and the transaction, just that the delivery took place this week. Olympic Commander is of MT 6016 design and of DNV+1A1
CNOOC makes large oilfield discovery in Bohai Bay
Chinese oil and gas giant CNOOC Limited has made a large-sized discovery of Kenli 10-2 in Bohai Bay.
Shell and NAM knock on Wood door for North Sea support
Wood is expanding operations in the Southern North Sea following the award of a new operations and maintenance contract with Shell and NAM.
Wintershall Dea exploring conversion of gas pipelines for CO2 transport
German oil and gas company Wintershall Dea and the OTH Regensburg University of Applied Sciences are working to explore how existing natural gas pipelines in the southern North Sea can be used for future CO2 transport. So far, the results suggest that the offshore pipelines could be safely and effic
Eni teams up with IRENA to speed up energy transition
Eni has entered into a partnership with the International Renewable Energy Agency (IRENA) to accelerate the energy transition.
SIMEC Atlantis grows half-year loss
SIMEC Atlantis Energy has released the financial results for the first six months of 2021 showing an increase in losses for the tidal energy developer when compared to the same period a year before.
Liftal takes over Damen’s division in “strategic” deal
Lifting service provider Liftal Hijstechniek has revealed its plans to acquire Damen Hoisting, a business unit of Damen Anchor & Chain Factory, part of Damen Shipyards Group.