Business & Finance
Neptune kicks off production from Duva field off Norway
Oil and gas company Neptune Energy has started production from the Duva development in the Norwegian sector of the North Sea.
ExxonMobil postpones selection of second well target on Guyana block
ExxonMobil has decided to postpone selecting the prospect target for the second well on the Kaieteur Block offshore Guyana by seven months.
Dorado FPSO FEED contract goes to Altera
Santos has awarded the FEED contract for an FPSO vessel for its Dorado offshore project development to Altera Infrastructure.
U.S. offshore rig count goes up to 15 units
The number of offshore rigs in the U.S. increased to 15 units over the last week, according to weekly rig count reports by Baker Hughes.
Valaris CEO, CFO step down. Former Seadrill head named acting CEO
President and chief executive officer (CEO) of offshore drilling contractor Valaris will step down from his position effective 2 September 2021.
Ocean Edge Services backs subsea ops off Guyana
Ocean Edge Services has entered into an agreement with Atlantic Marine Supplies to support the needs of existing and new subsea operations in Guyana. The agreement comes as part of the need for servicing offshore oil production needs in Guyana, Ocean Edge Services said. According to the company, the
Wood gets first-ever government-backed green transition loan
Oilfield services company Wood has been awarded a first-ever government-backed green transition loan by UK Export Finance to seize new clean growth export opportunities.
HHLA wins funding for green hydrogen project
Germany-based port and transport logistics company Hamburger Hafen und Logistik AG (HHLA) is among a number of industry players that can now benefit from an additional €2.3 million ($2.7 million) to test new transportation technologies for green hydrogen.
Northern Drilling cancels drillship order from DSME
Billionaire John Fredriksen-owned offshore drilling firm Northern Drilling has cancelled a drillship resale contract with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).
Minesto’s 2021 half-year finances in line with last year report
Swedish marine energy company Minesto has posted a slight decrease in net loss for the first half of 2021, compared to the same period a year earlier.
Maersk Drilling’s jack-up hired by Harbour Energy for UKCS work
UK-based oil and gas company Harbour Energy has hired Maersk Drilling’s jack-up rig Maersk Innovator to drill three subsea development wells in the North Sea.
ABB to provide power from shore for Jansz-Io field
A power and automation technology specialist ABB has been hired by Chevron and Aker Solutions to provide power from shore and subsea long step-out to Jansz-Io field offshore Australia.
Jersey sheds North Sea license duo unrelated to Greater Buchan Area
UK-based oil and gas firm Jersey Oil & Gas (JOG) has decided not to progress to the next license phase on two North Sea licenses since they are not part of the Greater Buchan Area project.
McDermott to build second LNG tank for AG&P Philippines terminal
U.S. offshore engineering and construction services player McDermott International has been awarded an EPC contract for the second LNG storage tank and double-wall bullet for AG&P’s Philippines LNG import and regasification terminal.