Business & Finance
Tracerco backs riser life extension project in Gulf of Mexico
Tracerco has secured a contract with an operator in the Gulf of Mexico to provide subsea inspection for a life extension project of more than 18 risers. Under the contract, Tracerco will deploy the subsea computed tomography (CT) scanner Discovery, said to operate along the same general principles a
CPP Investments to become sole owner of Ports America
Canada Pension Plan Investment Board (CPP Investments) has entered into a definitive agreement to become the 100% owner of Ports America, North America’s largest marine terminal operator, by acquiring interest from funds managed by Oaktree Capital Management, L.P.
Bilfinger to target new markets after merging two UK entities
Bilfinger will create a new business following the merger of its two core UK entities, in an effort to respond to a shift in market demand.
Subsea 7 wins major contract with mystery client
Subsea 7 has secured a “major” contract with an undisclosed client that extends the engineering, project management, and procurement scope of an award announced in mid-March.
Horisont Energi talks Barents Blue ammonia project with infrastructure investors
Norwegian carbon tech company Horisont Energi has been discussing the financing of the Barents Blue ammonia plant with a number of infrastructure investors.
Polish PGNiG and Qatari Black Cat join forces for oil & gas projects
PGNiG and Black Cat have signed a Memorandum of Understanding to cooperate on oil and gas production projects in the Gulf region.
Bristow names retired military man as area manager in Guyana
Bristow Group has named a retired Guyana Defence Force Air Corps commanding officer as the area manager in Guyana.
TEK-Ocean called to provide more services in Bass Strait fields
TEK-Ocean Group has secured additional work with one of its major clients within the Bass Strait energy fields offshore Australia.
TotalEnergies runs out of luck in latest Suriname well
French energy giant TotalEnergies has failed to find commercial hydrocarbons in its latest well located in Block 58 offshore Suriname.
China floats new spot pricing for imported LNG
Chinese energy trading center Shanghai Petroleum and Natural Gas Exchange (SHPGX) launched a spot pricing index for LNG imports, Reuters reports.
CNOOC looking to buy extra share in Petrobras’ Búzios field
Petrobras has informed that CNOOC is interested in buying an additional interest in the Búzios field in the Santos Basin offshore Brazil.
Eidesvik scores long-term contract with Aker BP
Eidesvik Offshore has been awarded a three-year charter contract with the Norwegian oil and gas company Aker BP for its Viking Lady PSV.
Bureau Veritas delivers first certification of an unmanned surface vessel
Bureau Veritas has delivered an Approval in Principle (AiP) to iXblue for its innovative unmanned surface vessel (USV) DriX.
Russia’s Lukoil joining BP’s exploration project in Caspian Sea
Russia’s oil and gas company Lukoil is entering BP’s exploration project located in the Caspian Sea offshore Azerbaijan.