Business & Finance

Safety watchdog audits Aker BP’s well plans due to challenging location
Norwegian offshore safety regulator has carried out an audit of Aker BP and its planning for exploration drilling in the Barents Sea.

Eni cheers ‘excellent’ results from appraisal well off Indonesia
Eni has successfully drilled and tested the Maha 2 appraisal well, located in West Ganal block offshore Kalimantan, in Indonesia.

Siccar Point to start drilling on delayed UK project next year
Siccar Point Energy is moving forward with its Cambo field development project, located West of Shetland, which was delayed last year.

Eco Wave Power names head of Portuguese operations
Wave energy developer Eco Wave Power Global has appointed Pedro Ernesto Ferreira as head of its Portuguese operations.

Saipem: New facility to feature the largest heavy lift crane in Guyana
The Saipem Guyana Offshore Construction Facility, a new facility from Italy’s offshore contractor Saipem, has been inaugurated in Guyana.

ExxonMobil goes back to drilling Guyana well
ExxonMobil has restarted drilling operations at the Jabillo-1 wellsite on the Canje Block, located offshore Guyana.

IOG installs two unmanned platforms in UK North Sea
IOG has confirmed that the Blythe and Southwark gas platforms have been installed at their field locations in the UK Southern North Sea.

New CFO to join helicopter operator NHV
Offshore helicopter operator NHV Group has appointed Laurent Verhelst as the Chief Financial Officer (CFO) of the company.

U.S. offshore rig count down by one
The number of offshore rigs in the U.S. decreased by one unit last week, according to Baker Hughes and its weekly rig count reports.

In focus: ‘Energy transition, step up your game’
There is a reason why we speak of energy transition instead of energy revolution. It is a process in which we gradually phase out fossil fuels

Ashtead invests £1 million in sonar imaging and subsea tech
Ashtead Technology has invested over £1 million in a range of EdgeTech sonar imaging and underwater technology systems to enhance its equipment fleet.

Noble Corp. making a comeback to NYSE
Offshore drilling contractor Noble Corporation has received approval for listing its ordinary shares on the New York Stock Exchange (NYSE).

Peninsula to own, operate LNG bunker barge with Scale Gas
Scale Gas, a subsidiary of Spanish energy company Enagás, and marine fuel supplier Peninsula have reached an agreement for the construction, joint ownership and charter of LNG bunker vessel to service in the Strait of Gibraltar.

Ardmore seals deal on Element 1 investment
Ardmore Shipping Corporation has inked definitive agreements for the investment into Element 1 Corp.’s methanol-to-hydrogen technology. The initial deal was revealed in March and it includes the establishment of the e1 Marine joint venture and Ardmore’s purchase of an approximately 10% equity stake