Business & Finance
Green light for Perenco’s Amethyst decommissioning plans
Perenco has received approval for its draft decommissioning programs for four Amethyst gas field topsides, located in the Southern North Sea, from the UK authorities.
SSE: Ireland needs 1 GW of offshore wind by 2025 to meet 5 GW by 2030 target
Ireland needs to install 1 GW of offshore wind energy capacity by 2025 if it is to meet the new Irish government’s target of 5GW of installed offshore wind by 2030, SSE Renewables said. Paul Cooley, Director of Capital Projects at SSE Renewables, told the Energy Ireland ‘Offshore Energy Conference’
Neptune employs Fugro for subsea inspection in North Sea
Neptune Energy has awarded a subsea inspection contract to geo-data specialist, Fugro, which will employ remote monitoring technology to survey subsea structures at the Cygnus gas field in the UK’s southern North Sea.
Shearwater consolidates OBN market position
Shearwater has through its first deep-water ocean bottom node (OBN) survey project demonstrated its strategic positioning in the OBN market. In March, Shearwater secured its first deep-water OBN award. The project was launched in the second quarter, breaking the cost curve by implementing a wide-tow
Aker BP taps Eidesvik for management of platform supplier duo
Norwegian oil and gas company Aker BP has awarded Eidesvik Offshore a ship management agreement for two offshore supply vessels in operation on the Norwegian Continental Shelf (NCS).
Eni cheers new gas discovery offshore Egypt
Eni has successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush.
NHV helicopters land long-term job with Shell
Offshore helicopter operator NHV Group has won a new long-term contract to provide helicopter services for Shell, starting 1 July 2020.
Equinor reveals plans for hydrogen plant with carbon capture in UK
Equinor is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage.
McDermott International exits bankruptcy through Lummus sale
U.S. engineering and construction services company McDermott International has completed its restructuring process by shedding nearly all of the company’s $4.6 billion of funded debt.
SBM Offshore closes financing for construction of FPSO Sepetiba
SBM Offshore has closed a $600 million bridge loan facility for the financing of the construction of FPSO Sepetiba.
Forum reorganizes executive team
Forum Energy Technologies has, as part of its continuing cost reduction plan, reduced and reorganized the corporate executive team. Changes to the executive team will be effective July 10, 2020. D. Lyle Williams Jr., who joined Forum in 2007, will be the executive vice president and chief financial
Dana Petroleum extends integrity services deal for UK FPSO tandem
Technology and data intelligence specialist Imrandd has secured a two-year contract extension with Dana Petroleum for the provision of integrity services for all of its UK operated assets.
Vantage secures jack-up gig with Eni
Vantage Drilling has entered into a contract with Eni for its premium jack-up rig, the Topaz Driller, to perform drilling services offshore of Montenegro. Vantage said on Tuesday that the contract with Eni is for 180 days. Ihab Toma, the Company’s Chief Executive Officer, commented, “Securing this c
Chevron wraps up Puma acquisition in Australia
US energy giant and LNG operator Chevron has completed the acquisition of Puma Energy’s Australian commercial and retail fuels business. Singapore’s Puma Energy, majority-owned by Trafigura and Sonangol, sold all off shares and equity interests in the Australian business to Chevron’s downstream unit