Business & Finance
EnQuest hands in decom plan for Thistle Alpha topsides
UK-based EnQuest has submitted its decommissioning plan for the Thistle Alpha platform topsides to the country’s authorities.
New CRP Subsea tech targets better stability on cables
CRP Subsea has launched a new subsea Motion Stabiliser technology, said to be designed to protect cables, umbilicals and flowlines from motion instability and damage from uncontrolled movement. According to CRP Subsea, engineered to mitigate instability in both axial and lateral directions, the Moti
Carnarvon mobilising to spud Buffalo well in early November
Carnarvon Petroleum is on track to start drilling operations on its Buffalo-10 well, located in the Timor Sea, in early November.
Sapura Energy CFO to step down after five years
A CFO at Malaysian oilfield services provider Sapura Energy will step down from his position after more than five years in the role.
State-owned Surinamese firm picks Dutch brains on floating solar
Dutch renewable energy start-up SolarDuck has hosted Staatsolie Maatschappij Suriname in a visit to its King Eider floating solar solution.
World’s 1st green tech shipping ETF launched
ETF Managers Group LLC (ETFMG), the US-based exchange-traded fund issuer, has launched the ETFMG Breakwave Sea Decarbonization Tech ETF, the world’s first green technology shipping ETF.
Polish and Danish regulators ink Baltic Pipe MoU
Poland’s Energy Regulatory Office (ERO) and the Danish Utility Regulator (DUR) have signed a Memorandum of Understanding (MoU) on joint activities for the Baltic Pipe project.
Equinor spuds Egyptian Vulture exploration well
Norwegian oil and gas giant Equinor has started drilling operations on the Egyptian Vulture exploration well located offshore Norway.
Hat-trick for Valaris rigs with one new deal aimed at CO2 project
Valaris has secured three new contracts for its rigs. One of the contracts will involve operations on a carbon storage project.
Trio to develop concept for green hydrogen production on converted jack-up rig
Aquaterra Energy has signed a partnership with Lhyfe and Borr Drilling to develop a concept for green hydrogen production in the North Sea.
Shell sanctions Norwegian subsea compression project
Shell has sanctioned its Ormen Lange wet gas subsea compression project in Norway and filed its development plan to the authorities.
Aker Solutions and AF Gruppen get green light for decom and recycling JV
The Norwegian Competition Authority raises no objections to the decommissioning joint venture between AF Gruppen and Aker Solutions.
NYK to invest in Australian Integrated Carbon
Japanese shipping major NYK has decided to invest in Australian Integrated Carbon (AIC), an Australian company that sells carbon credits obtained through primeval forest restoration projects.
Deepwater Subsea changes hands
Singapore-headquartered offshore services provider ModuResources Group has acquired the U.S. Deepwater Subsea, adding industry training and real-time monitoring to its offering. According to ModuResources Group, Deepwater Subsea brings to the company its comprehensive domain expertise of subsea equi