Business & Finance
More days added to Prosafe unit operating at Buzzard
Prosafe has been awarded more work for one of its units for operations on the CNOOC Petroleum-operated asset off the UK.
Eni applies to $1.4 billion UK CCS development fund
Italian oil major Eni has applied to a UK Government tender process for funds for the development of carbon capture and storage projects.
Spain sets plans to deliver up to 60MW of marine energy and 3GW of floating wind by 2030
Spain has unveiled plans to develop up to 60MW of marine energy and up to 3GW of floating offshore wind capacity by 2030 in a roadmap released by the country’s Ministry for the Ecological Transition and the Demographic Challenge.
SCF Group, TotalEnergies fix charter for two more LNG carrier newbuilds
Russian tanker owner SCF Group has received confirmation from TotalEnergies for an option for two 174,000-cbm LNG carriers. The vessels will be chartered for a period of up to seven years, operating within TotalEnergies global portfolio LNG trade under the technical management of Sovcomflot. The opt
Western Gas gearing up to drill Australian gas prospect with Valaris rig
Western Gas has filed its environment plan for the drilling of the Sasanof exploration well and secured a Valaris-owned semi-sub rig.
Ineos, Petroineos to store 1 mln tonnes of CO2 at Acorn project by 2027
The Acorn Project partners – Storegga, Shell, and Harbour Energy – have signed a memorandum of understanding (MOU) with Ineos and Petroineos at Grangemouth to develop Scotland’s first carbon capture and storage system linking the industrial heartland to the Acorn CO2 transport and storage hub in by
PetroRio closes Wahoo field stake buy from TotalEnergies
Brazilian oil and gas company PetroRio has completed the acquisition of interest in the BM-C-30 block containing the Wahoo field offshore Brazil from French oil major TotalEnergies.
Hyundai orders MAN’s ME-GA dual-fuel engines for 6 LNG carriers
South Korean Hyundai Heavy Industries’ Engine Machinery Division (HHI-EMD) has placed an order for two MAN Energy Solutions’s ME-GA dual-fuel engines to be installed on each of the six 174 000 cbm LNG carriers.
Offshore wind-to-hydrogen project launched in Ireland
A new project aiming to advance development of green hydrogen production powered by offshore wind has been launched in Ireland. The H-Wind project, led by UCC MaREI Research Centre, is being co-funded by Science Foundation Ireland and four industry partners: Gas Networks Ireland, DP Energy, ESB, and
Maersk rig gets more Martin Linge work
Maersk Drilling has secured an extended well intervention scope with Equinor off Norway for the low-emission rig Maersk Intrepid.
Covid-19 outbreak hits Shell’s North Sea hub
An outbreak of Covid-19 on a Shell-operated field off the UK has forced the oil major to remove dozens of workers from the North Sea hub.
SeaBird inks LOI for Fulmar Explorer
Seismic firm SeaBird Exploration has signed a letter of intent (LOI) for a source vessel contract in the Western Hemisphere. SeaBird’s 80-metre long source vessel Fulmar Explorer would carry out the work programme for a “leading operator”. The contract is expected to start in the fourth quarter of 2
Alfa Laval invests in air lubrication technology
Sweden-based Alfa Laval has acquired a minority stake in the Netherlands-based technology company Marine Performance Systems, a developer of air lubrication technology for ships. The air lubrication technology generates microbubbles under the ship’s hull, reducing friction between the ship and the w
Lloyd’s Register gives first-ever UMS certificate to SEA-KIT
SEA-KIT’s latest unmanned surface vessel (USV) has received Unmanned Marine Systems (UMS) certification by Lloyd’s Register, becoming the first-ever to achieve this milestone. The 12-meter X-class USV, delivered to Fugro, received the new UMS certification on 28 June. SEA-KIT said it had worked clos