Business & Finance
SIMEC Atlantis brings in £2.6 million through share placing
SIMEC Atlantis Energy, the developer behind the MeyGen tidal energy project, has conditionally raised £2.6 million in gross proceeds through the issue of new shares that will be used to fund the delivery of the company’s ‘first-of-a-kind’ projects.
Omega Subsea to provide services onboard Normand Frontier
Omega Subsea has secured a contract with Norwegian shipping company Solstad Offshore for the provision of ROV management and maintenance services, among others.
Icon Offshore’s jack-up rig adds four more wells to backlog
Malaysia’s oilfield services provider Icon Offshore has secured more work for a jack-up rig for operations on four wells offshore Malaysia.
Equinor and Rosneft in carbon management tie-up
Norway’s and Russia’s oil and gas giants, Equinor and Rosneft, have signed an agreement on collaboration in carbon management.
IOG boasts successful flow test at Blythe development well
IOG has flow tested the Blythe development well in the North Sea with gas in place and recoverable volumes in line with prognosis.
Hellenic Cables hires Tekmar for subsea cable protection
Tekmar Energy has secured a contract with Hellenic Cables to supply bend restrictors for subsea cable projects in Denmark and Greece. The contract will see Tekmar Energy design, manufacture, and supply bend restrictors for the København02 (KBH02) submarine cable project in Denmark, to protect a 145k
BP fires up next phase of expansion project in Gulf of Mexico
Oil major BP has started up its Thunder Horse South Expansion Phase 2 project located in the U.S. Gulf of Mexico.
Output halted at Brazilian field over gas leak
Enauta has reported that the production was interrupted preventively in the Manati gas field located offshore Brazil.
ADNOC completes ADNOC Drilling IPO bookbuild, raising over $1.1 bln
ADNOC has raised more than $1.1 billion after completing the bookbuilding and public subscription process for the in IPO of ADNOC Drilling.
Equinor bites the dust in Norwegian Sea
Equinor has completed drilling operations on an appraisal well southwest of the Norne field in the Norwegian Sea and the well is dry.
DNO Norge makes minor oil find in North Sea
DNO Norge has encountered a minor oil discovery on the Gomez prospect during the drilling of a wildcat well offshore Norway.
Hapag-Lloyd to acquire stake in JadeWeserPort
German shipping major Hapag-Lloyd has revealed its plans to invest in one of the largest ports in Germany, JadeWeserPort Wilhelmshaven.
Jadestone brings Montara well on stream
Jadestone Energy has tied the Montara H6 development well into the Montara field facilities, located off Australia, and started production.
JDR reveals plan for new subsea cable manufacturing facility
JDR Cable Systems is planning to open a new £130 million subsea cable manufacturing facility in Cambois, near Blyth, Northumberland.