Business & Finance
Petronas picks Uzma for Sepat water injection module construction
Malaysian oil and gas services provider Uzma Berhad has received a letter of award from a subsidiary of compatriot energy giant Petronas.
LOC scores Johan Sverdrup job with Equinor
International marine and engineering consulting firm LOC Group has been awarded a new scope of work with Norwegian oil major Equinor.
Iberdrola secures stake in eight Swedish offshore wind projects
Iberdrola has entered into an agreement with Swedish renewables company Svea Vind Offshore, which will allow the Spain-headquartered company to take a majority stake in up to eight offshore wind projects in Sweden. The eight projects are in various stages of development, with the first of them plann
TechnipFMC lands $187 million worth of new jobs with Equinor
Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects in Norway.
Corrected: Shell doesn’t expect Prelude FLNG restart before Q3
LNG giant Shell is not expecting to restart production at its Prelude FLNG facility offshore Western Australia before July. Shell hasn’t exported any cargoes from the FLNG for almost five months following an electrical trip on February 2. “Start-up timing will depend on Covid-19 constraints and comp
Neptune Energy to axe 400 jobs over Covid-19 and lower oil prices
Neptune Energy has decided to reshape the size of its global organisation due to the combined impact of the COVID-19 pandemic and the anticipation of lower commodity prices for a longer period of time.
Total, Shell join UK’s floating wind centre of excellence
Total, Shell and eight offshore wind developers have joined Offshore Renewable Energy (ORE) Catapult’s national Floating Offshore Wind Centre of Excellence (FOWCoE) in the UK. The eight offshore wind developers include EDF Renewables, EDP Renewables, Equinor, ESB, Mainstream Renewable Power, Scottis
Heerema’s Sleipnir vessel getting busy after landing new installation job
Heerema Marine Contractors has been awarded a contract by HSM Offshore for the transportation and installation of Dana Petroleum’s P11-Unity platform.
Talos Energy buys Gulf of Mexico assets from Castex
U.S.-based oil and gas company Talos Energy has executed a definitive agreement to acquire selected U.S. Gulf of Mexico assets from an affiliate of Castex Energy.
Tekmar names Rossiter its CTO
Tekmar Group has appointed Steven Rossiter to the role of chief technology officer (CTO). Rossiter was the founder and managing director of Agiletek Engineering. The newly created position of CTO underlines Tekmar’s commitment to its technology-driven goals. It will draw on Rossiter’s skills in clou
GALLERY: Giant Pioneering Spirit vessel removes another Brent platform for Shell
Allseas’ heavy lift vessel Pioneering Spirit has completed its first decommissioning job of this summer, the single-lift removal of Shell’s Brent Alpha platform from the North Sea.
Wisdom Marine looking to raise $63 million for ship acquisitions
Taiwanese shipping company Wisdom Marine has embarked upon a cash-raising mission targeting to collect $63.8 million. Under the proposal, approved by its Board of Directors, the company plans to sell 63,808 shares at $1,000 per share. The company said it intends to use the cash injection to acquire
Spirit Energy preparing for North Sea wildcat
The Norwegian Petroleum Directorate has granted Spirit Energy a drilling permit for a wildcat well in the North Sea offshore Norway.
Cyberhawk inks five-year software deal with Shell. Becomes oil major’s global drone operator
A remotely operated aerial vehicle (ROAV) inspection and survey company Cyberhawk has secured a five-year, multimillion-dollar software contract with oil major Shell.