Business & Finance

ION wins 3D multi-client programs offshore Kenya
ION Geophysical has secured an exclusive agreement for 3D multi-client programs offshore Kenya.

Three missing after fire on CNOOC offshore platform
CNOOC Limited has put out a fire on its production platform in the Bohai Bay and is now searching for three workers who went missing.

HSBC backs local content on Changfang and Xidao offshore wind project
HSBC Bank (Taiwan) has approved two green guarantees to support the Taiwanese Century Iron & Steel Industrial and Hung Hua Construction on the supply of equipment and services for the Changfang and Xidao offshore wind project. The bank guarantee issued for Century Iron & Steel Industrial and its sub

Enauta taking over entire interest in Atlanta field
Enauta has received approval from the authorities to take over a 50 per cent working interest in the Atlanta field located offshore Brazil.

ChampionX to supply non-toxic corrosion inhibitor to North Sea operator duo
Texas-based oilfield tech company ChampionX has secured two contracts to deliver ‘non-toxic’ anti-corrosion chemicals to two major North Sea operators.

How NEO Energy’s growth surge is turning it into one of top five North Sea players
UK-based and North Sea-focused E&P company NEO Energy is poised to become one of the top five players in the UK North Sea.

Shell books Velesto rig for seven wells
Malaysian offshore drilling contractor Velesto Drilling has been awarded a contract by Shell for the provision of jack-up rig services.

BIMCO: 45 ULCVs ordered in March
A total of 45 ultra large containerships were ordered in March 2021, marking a major turnaround in the container shipping sector, data from BIMCO shows. Adding to this, 27 orders for ‘smaller’ sized ships were placed in the same month, bringing the total order capacity to 866,060 TEU. The ordering s

Shell sells Gasnor to Molgas
Energy giant Shell has signed a deal to sell its Norwegian unit Gasnor to Madrid-headquartered Molgas.

Archer wins 5-year wireline services deal with ConocoPhillips
Offshore services provider Archer Limited has secured a long-term frame agreement with oil firm ConocoPhillips for the provision of wireline services on the Norwegian Continental Shelf.

Legasea expands team
Aberdeenshire-based subsea services start-up Legasea has expanded its team with three new appointments.

Solstad Offshore bags platform supplier deal with Shell
Norwegian offshore shipowner Solstad Offshore has been awarded a long-term contract for one of its platform supply vessels (PSV) by oil major Shell.

Vantage Drilling picks ICM Group for offshore training
Consulting services firm ICM Group has been awarded a global preferred agreement for Vantage Drilling’s onboard regulatory and crane training requirements.

LOC to provide warranty services for Petrobel’s offshore assets
Marine engineering consultancy LOC has been awarded a two-year contract to provide marine warranty services to support Petrobel’s offshore assets.