Business & Finance

Sovcomflot exits dry bulk sector with sale of Panamax bulker duo
Russian shipping owner PAO Sovcomflot (SCF Group) has completed its exit from the dry bulk business by selling the last two Panamax dry bulk carriers.

AMOG backs Hellenic Cables with dynamic cable assessment
Australia-headquartered AMOG has partnered up with Greece’s Hellenic Cables for dynamic cable assessment in the offshore wind sector. In the partnership, AMOG is delivering expertise in dynamic cable analysis, including utilization of the Vortex-Induced Vibration (VIV) software SHEAR7. According to

CNOOC brings online its third oilfield this month
Oil and gas company CNOOC Limited has started production from yet another oilfield project located in Chinese waters.

Vaalco finds new crude tanker to replace Gabon floater
Vaalco Energy has signed a binding LOI with World Carrier Offshore Services to provide and operate an FSO at its Etame Marin field off Gabon.

ExxonMobil gearing up to spud third well in Canje block
ExxonMobil is nearly set to spud a new exploration well located in the Canje block offshore Guyana, using a Stena Drilling-owned drillship.

Sapura lands Dorado wellhead platform job
Australian energy giant Santos has awarded the FEED contract for the Dorado wellhead platform to Sapura Energy.

Enauta back to full production at Atlanta following repairs
Following repairs, Brazil’s oil and gas company Enauta has resumed full operations at its operated Atlanta field, located offshore Brazil.

BW Energy hits oil pay offshore Gabon
BW Energy has made an oil discovery in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block offshore Gabon

Talos Energy secures carbon capture and storage site in Texas waters
Houston-based oil and gas company Talos Energy has secured a carbon capture and storage site in Texas state waters in the Gulf of Mexico.

Strohm, Petrobras, Shell to deploy TCP flowline and riser off Brazil
Strohm has entered into a joint industry programme (JIP) with Petrobras and Shell for its thermoplastic composite pipe (TCP) flowline and riser technology.

Solstad Offshore in fleet reshuffle with two vessels sold
Offshore vessel owner Solstad Offshore has recently sold one vessel, secured an extension for another, and sold one vessel for recycling.

Scots planning two new subsea cable factories
Peel Ports Clydeport, owner of Hunterston Port and Resource Campus (Hunterston PARC), has signed an option agreement with XLCC for two factories in Ayrshire, Scotland, that would produce high voltage direct current (HVDC) subsea cable. The overall agreement includes building a 70-acre facility that

BP hires Global Maritime for marine ops support
Marine, offshore, and engineering consultancy Global Maritime will provide specialist marine services to BP.

Van Oord picks Baltic Eagle inter-array cables
Van Oord has awarded TKF with a contract to provide the inter-array cables for the Baltic Eagle offshore wind project in Germany. TKF is in charge of the production and delivery of approximately 79 kilometers of 66 kV inter-array cables and corresponding accessories. Van Oord’s cable-laying vessel N