Business & Finance
Serica upbeat over Columbus well results ahead of tie-in
Serica Energy has achieved successful flow test results from the Columbus development well and will tie the subsea wellhead to the Arran field.
Spud window set for new exploration well off Guyana
CGX Energy has established a spud window for its first exploration well offshore Guyana, which will be drilled using a Maersk Drilling rig.
Valaris floater clinches 16-well contract with Woodside
Offshore drilling contractor Valaris has been awarded a 16-well contract with Woodside for operations offshore Australia.
Bristow scores extensions from Equinor, Shell, Neptune
Houston-based offshore helicopter operator Bristow Group has won four separate two-year contract extensions through April 2024 with Equinor, Shell, and Neptune.
Questar Pipelines sale terminated
American power and energy company Dominion Energy and a unit of Warren Buffett’s Berkshire Hathaway have agreed to terminate the planned sale of natural gas pipeline company Questar Pipelines.
Self-isolation for workers on North Cormorant platform due to Covid-19 cases
TAQA has flown some of its workers from the North Cormorant platform to shore while others are waiting to be evacuated.
Petronas chairman retires. Replacement named
Chairman of Malaysian oil major Petronas will be retiring from the company and its board after serving his three-year term.
Suriname shows potential to become next oil hot spot, GlobalData says
Recent exploratory success off Suriname, where several discoveries have been made, shows promise to become an oil hot spot, GlobalData says
Suez Canal annual revenue hits record $5.84bln despite Ever Given blockage crisis
Egypt’s Suez Canal revenue increased to $5.84 billion in its 2020-21 fiscal year (July-June), the Suez Canal Authority announced.
SBM’s new Fast4Ward FPSO hull launched in Chinese yard
Chinese shipyard SWS has launched a hull of the latest FPSO of a Fast4Ward design being built for Dutch provider SBM Offshore.
BGP buys Sercel’s new seabed nodal solution
Sercel, CGG’s seismic equipment business, has made its first major sale of the recently launched GPR300 seabed nodal solution to geophysical services provider BGP. The sale includes 18,000 nodes that will be deployed in Q4 2021 on a large-scale, long-term, multi-vessel operation in the Middle East r
DeepOcean buys into marine minerals exploration and extraction firm
Subsea services player DeepOcean is acquiring a majority stake in marine minerals exploration and extraction company ADEPTH Minerals. DeepOcean reported it had signed an agreement to invest in the Norwegian company, which will continue to operate as a standalone company and brand. According to DeepO
Call for more action on UK’s net-zero skills strategy to avoid oil & gas workers being left stranded
The Energy Institute has revealed that the UK’s net-zero strategy must assemble a mass skilled workforce, but action is pressing.
In focus: Bridging the gaps in hydrogen technologies
A collection of energy transition-related updates across the industry was heavily focused on hydrogen and its role in reaching net-zero goals.