Business & Finance

Giant heavy lift vessel removes North Sea platform for Ithaca
Ithaca Energy has started decommissioning operations at a field located in the UK sector of the North Sea, using a giant heavy lift vessel.

BP restarting two Gulf of Mexico platforms following Ida
In the aftermath of Hurricane Ida, BP is in the process of restarting its Gulf of Mexico production, resuming operations at two platforms.

Petrobras puts two Santos Basin fields up for sale
Brazilian Petrobras has started the sales process for two of its operated fields located in the Santos Basin offshore Brazil.

Workers going back to another Shell platform in Gulf of Mexico
Shell is returning its workers to another Gulf of Mexico asset following an evacuation due to Hurricane Ida but the majority of output remains offline.

Cheniere expects Corpus Christi Stage 3 FID in 2022
U.S. LNG export project developer Cheniere Energy expects to reach a final investment decision (FID) for Stage Three of its Corpus Christi LNG plant in Texas in 2022.

Vår Energi granted permit to drill Barents Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted Vår Energi a drilling permit for a wildcat well located in the Barents Sea off Norway.

Noreco enters CCS project in Danish North Sea
Noreco has entered into a CCS partnership with Ørsted and DTU together with partners in the DUC on progressing CCS in the Danish North Sea.

ADNOC to float drilling unit in Abu Dhabi IPO
Abu Dhabi’s energy giant ADNOC is planning on selling a minimum 7.5 per cent stake in its drilling unit ADNOC Drilling in an initial public offering (IPO).

Western Gas finds partner to help with drilling costs for Australian well
Western Gas has reached an agreement with Global Oil and Gas to help with the financing for the Sasanof-1 exploration well.

Chariot books Stena rig for Moroccan appraisal well
Africa-focused energy company Chariot has hired a Stena Drilling-owned semi-submersible rig for its Moroccan gas appraisal well.

Aquaterra gets order to deliver multiple Sea Swift platforms
Aquaterra Energy has secured a master engineering and design service agreement with a supermajor to deliver multiple Sea Swift platforms.

Nova Innovation secures £6.4M for mass manufacturing and distribution of tidal energy turbines
Tidal energy company Nova Innovation has secured £6.4 million from the Scottish National Investment Bank to fund mass manufacturing and distribution of its innovative tidal energy turbines.

New CEO to lead Peterson from 2022
Peterson has revealed that Sarah Moore will succeed Erwin Kooij as CEO, following his retirement from the business on 1 January 2022.

Shell and Kongsberg in pact for digital transformation of wells
Shell and Kongsberg have entered into a strategic partnership agreement to collaborate and accelerate digital solutions and transformation.