Business & Finance
Seadrill Partners scoops $43 million deal for drillship in Malaysia
Offshore drilling contractor Seadrill Partners has secured a contract for one of its drillships with an undisclosed client in Malaysia.
Valaris secures more jack-up work with Mubadala
Offshore drilling contractor Valaris has been awarded a contract extension for one of its jack-up drilling rigs by Mubadala Petroleum.
Diamond elects ex-Pacific Drilling and Noble exec as new CEO
Diamond Offshore has named a former boss of Pacific Drilling and a former executive of Noble Corporation as the company’s President and CEO.
Keppel snatches contract to build FPSO for world’s largest deepwater oil field
Petrobras has signed a contract with Keppel to build the P-78 FPSO, the seventh unit to be installed in the Búzios field, offshore Brazil.
NKT investing €150M in its power cable factories
NKT is investing more than €150 million in the expansion of its high-voltage power cable production sites and logistics to execute on a record high order backlog. The investment program will see a new high-voltage power cable test center in Cologne, Germany, and the construction of a new extrusion t
Fratelli Cosulich orders LNG bunkering vessel in China
Italy’s Fratelli Cosulich Group has made its official entrance into the LNG bunkering market with the order for the construction of an LNG bunkering vessel. The announcement confirms market rumors that have emerged earlier this year hinting the company was diversifying its operations with a foray in
Hutchison Ports seals acquisition of APM Terminals Rotterdam
Hutchison Ports Netherlands B.V., a subsidiary of Hutchison Ports, has signed an agreement to acquire the Rotterdam container terminal APM Terminals Rotterdam (APMTR) from APMT. APMTR is located adjacent to Hutchison Ports’ existing ECT Delta terminal in the Maasvlakte area of Europe’s largest port.
Total picks Bilfinger for inspection services off Denmark
Engineering and services group Bilfinger has been hired by oil major Total for inspection services on its assets offshore Denmark.
Petrofac hired for BP’s Greater Tortue Ahmeyim project
Petrofac has secured a contract with BP to develop operational procedures for the Greater Tortue Ahmeyim project in Mauritania and Senegal.
ExxonMobil, Shell get $2.4 billion in subsidies for carbon storage project
The Dutch government has granted a consortium that includes oil majors Shell and ExxonMobil around $2.4 billion in subsidies for what will be one of the largest carbon capture and storage (CCS) projects in the world.
Equinor adds extra well to Odfjell rig backlog
Norwegian oil and gas giant Equinor has exercised one additional well for the Odfjell Drilling-owned Deepsea Atlantic rig.
No oil for Harbour Energy after two-well North Sea campaign
Harbour Energy has drilled a dry exploration well on the Ilder prospect off Norway, ending a two-well campaign with disappointing results.
Alfa Laval to take over StormGeo
Swedish-based Alfa Laval will acquire StormGeo, a Bergen-based developer of weather intelligence software and decision support services, as part of a push to accelerate its digital services offering and decarbonization tools portfolio. The purchase price amounts to approximately MNOK 3,630 ( $442 mi
Vantage finds more work for its rigs
Vantage Drilling has been awarded several new contracts, which will see its rigs operate in South East Asia, Middle East, and Africa.