Business & Finance
Noble declares force majeure on damaged drillship
Noble Corporation has declared force majeure on the Noble Globetrotter II drillship following damages sustained as a result of Hurricane Ida.
Bourbon gets contract to support Shell’s exploration campaigns
Offshore vessel provider Bourbon has been awarded a contract by Shell for operations in Namibia and Sao Tomé.
Solstad wins 1,000 vessel days as seven PSVs get hired
Norwegian offshore vessel owner Solstad Offshore has secured new contracts for a total of seven platform supply vessels in West Africa.
Subsea 7-OHT link-up gathers executive team
Subsea 7 has revealed the proposed executive team for Seaway 7, the company set to be created by the planned combination of OHT and Subsea 7’s Renewables business unit. Seaway 7 will be managed by an experienced executive team led by Stuart Fitzgerald as chief executive officer (CEO). Current OHT CE
BW Energy sees lower volumes than expected in new Gabon oil find
Preliminary results from BW Energy’s Hibiscus North well off Gabon indicate reserves below the lower end of the pre-drill resource estimate.
TechnipFMC selling stake in Technip Energies
TechnipFMC is selling 7.6 million Technip Energies shares through a private sale transaction with HAL Investments, the Dutch investment subsidiary of HAL Holding. The sale price of the shares in the sale is set at €11.15 per share, yielding total gross proceeds of €196.2 million. Upon completion of
McDermott installs platform with largest jacket in Vietnam
McDermott has completed the transportation and installation subcontract of the SVDN gas and condensate developments offshore Vietnam.
Shell to explore CCUS opportunities with KazMunayGas
Shell and KazMunayGas have signed a Memorandum of Cooperation in the area of CO2 Capture Utilization and Storage Technology (CCUS).
Countdown begins for Jade well drilling as Empyrean hires COSL rig
Empyrean has awarded an Integrated Drilling Contract for the drilling of the Jade prospect offshore China to COSL.
Grindrod Shipping wraps up IVS Bulk acquisition
Singapore-based ship owner and operator Grindrod Shipping Holdings (GSH) has completed the acquisition of the remaining 31.14% equity stake in IVS Bulk joint venture.
JDR adopts resonant test tech for 66kV inter-array cables
JDR Cable Systems has adopted HIGHVOLT Prüftechnik Dresden’s Resonant Test System (RTS) for testing inter-array cables at offshore wind projects. The test system is purpose-built for post-installation testing of 66 kV offshore inter-array cables according to the international standard IEC 63026. The
Noble to bring drillship to port to repair hurricane damages
Noble Corp. is working on a plan to bring its drillship Noble Globetrotter II into port for repairs following damages after Hurricane Ida.
Carnarvon books Valaris rig for Buffalo well
Carnarvon Petroleum has contracted the Valaris JU-107 jack-up drilling rig for the Buffalo-10 drilling operations offshore Timor-Leste.
Norway’s Eksfin supporting shipping’s green transition with up to $1bn
Norwegian export credit agency Eksfin has provided about $1.2 billion (NOK 10 billion) loan guarantees for the construction of 35 eco-friendly vessels over the last four years.