Business & Finance

Hydrogen enjoying unprecedented momentum as one of the pillars in energy transition
Hydrogen, described as a game-changer, a holy grail, and a key pillar in the energy transition process, is enjoying unprecedented momentum.

Five dead and two still missing after Pemex platform fire
A fire on a Pemex-operated platform off Mexico has resulted in the deaths of five workers and injuries to six while two are still missing.

Ocean Sun widens half-year loss
Norwegian floating solar specialist Ocean Sun has released financial results for the first half of 2021, showing an increase in net loss compared to the results posted a year before.

Germany invests in power-to-liquid fuels
Germany’s government has announced a funding call for the construction and operation of a development platform for power-to-liquid (PtL) fuels.

Worker on Hebron support vessel injured during lifeboat testing
Canada’s safety regulator has revealed that a worker has been injured in an incident on a vessel supporting ExxonMobil’s Hebron platform.

Petrobras starts production from first FPSO in Sépia field
Petrobras has started producing oil and gas from FPSO Carioca, the first platform in Sépia field, in the Santos Basin pre-salt off Brazil.

OMV secures support vessel for New Zealand job
One of the DDW Offshore-owned offshore supply vessels will be supporting a Valaris jack-up rig on a campaign for OMV in New Zealand.

Equinor gets order from safety regulator over North Sea oil spill
Following an investigation into an oil spill in the North Sea, Equinor has been given an order from the country’s offshore safety regulator.

TGS, Magseis collaborating on offshore wind and CCS tech projects
TGS and Magseis Renewables are collaborating on two new technology pilot projects for carbon capture and storage (CCS) and offshore wind. The first project will use high-resolution 3D seismic acquisition in Norway at a carbon storage area to demonstrate technology for detailed imaging of the full se

Guyana JV spuds ‘one of the most exciting exploration wells in the world’
The Kawa-1 exploration well, located on the Corentyne block offshore Guyana, has been spud, using the Maersk Discoverer semi-submersible rig.

One dead and several injured after fire erupts on Pemex platform
A fire has erupted on a Pemex-operated platform offshore Mexico, causing the death of one person and injuries to several others.

ADNOC inks deals worth nearly $1 billion with 8 top-tier contractors
ADNOC has signed framework agreements for Concept and FEED services with eight different contractors with a total value of nearly $1 billion.

DOF Subsea gets more APAC work
DOF Subsea has secured multiple contracts in the Asia Pacific region for its vessels in the third and fourth quarters of 2021. Onshore works are underway for several offshore campaigns that will use the construction support vessel (CSV) Skandi Hercules and the onshore and offshore teams from Q3 2021

CNOOC fires up another oilfield offshore China
Chinese oil and gas player CNOOC Limited has started production from the Luda 6-2 offshore oilfield ahead of schedule.