Business & Finance
Shell takes Maersk drillship for four Malaysian wells
Maersk Drilling has secured a contract with Shell for the 7th generation drillship Maersk Viking to drill offshore Malaysia.
Dive Technologies and Metron team up for subsea surveys
Boston-based subsea robotics company Dive Technologies has entered into commercial partnership with Metron to offer fully autonomous seabed surveys.
Report: Delek Drilling in talks to sell Tamar stake to Cairn Energy
Israel’s Delek Drilling is in talks to sell its stake in the Tamar offshore natural gas field for up to $1.1 billion, Israeli media outlets reported.
Eni to tie-in new oil discovery in Angola to FPSO
Italian oil and gas company Eni has made a new light oil discovery in Block 15/06, which is located in Angola’s deep offshore.
Petrobras to take over BP’s stakes in 6 blocks off Brazil
Petrobras has signed agreements with BP to take over BP’s entire stakes in six blocks, located in ultra-deepwater in northern Brazil.
MOL to invest $1.81B in decarbonization in the next 3 years
Japanese shipping giant MOL plans to invest approximately ¥200 billion ($ 1.81 billion) in low carbon/decarbonization fields over three years from 2021 to 2023 fiscal year. The investment was revealed as part of MOL Group’s Visionand Outline of Rolling Plan 2021 released on Monday. The environmental
Dutch Offshore Contractors sets up dedicated subsea cable business unit
Dutch Offshore Contractors (DOC) has reorganized its growing subsea cable activities into a new dedicated business unit named DOC Cable Solutions.
Tailwind acquires Decipher Energy and its North Sea assets
UK-based oil and gas company Tailwind Energy has acquired compatriot Decipher Energy Limited which owns several assets in the UK North Sea.
Wood gets 5-year job on TAQA’s North Sea assets
Wood will build upon its 12-year relationship with TAQA following the award of a new contract across the company’s North Sea assets.
Novatek working on $11 bln Arctic LNG 2 financing
Russia’s largest independent natural gas producer Novatek reportedly aims to secure additional $11 billion financing for its Arctic LNG 2 project.
Saudi group acquires Enshore Subsea
Al Gihaz Contracting, part of Saudi-based Al Gihaz Holding, has completed the acquisition of assets, intellectual property and the management systems of subsea trenching company Enshore Subsea.
Alfa Laval joins Liquid Wind
Swedish-based heat transfer, centrifugal separation, and fluid handling specialist Alfa Laval has become a partner in the Swedish company Liquid Wind, which develops electro-fuel facilities to produce renewable clean fuels. The fuels are intended to be used primarily by marine and road transport amo
PetroNor restarts arbitration for two Senegal offshore blocks
Oil and gas company PetroNor has revealed that it has restarted the formal arbitration process related to a dispute for two offshore blocks.
BP to reach $35bn net debt target early
BP expects to reach its $35 billion net debt target in 1Q 2021, one year ahead of schedule, as a result of earlier delivery of disposal proceeds.