Business & Finance

Viridien’s new reimaging mission bolstering US Gulf exploration drive
France-based geophysical services company Viridien, formerly known as CGG, has launched a new reimaging program in the U.S. Gulf, expanding its Walker Ridge initiative to deliver enhanced seismic insights and support further infrastructure-led exploration in the deepwater region.

Shearwater steps up Norwegian multi-client push with new 3D seismic survey
Norwegian marine geoscience and technology company Shearwater GeoServices is set to acquire 3D seismic data over recently awarded and prospective open acreage in the Norwegian Sea by deploying a high-capacity seismic vessel for an approximately seven-week campaign this month.

BP wraps up Caspian Sea platform turnaround ahead of schedule: Production ramp-up underway
UK-headquartered energy giant BP has finished a multi-day planned turnaround earlier than planned at its platform in the Caspian Sea, with production now growing to pre-maintenance levels.

L&T taps Technip Energies for engineering work on ADNOC’s major offshore gas project
France’s engineering player Technip Energies has been hired to provide detailed engineering services for a major offshore gas project being developed by ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), in the United Arab Emirates (UAE), adding to the French player’s growing ro

18-km pipeline installation and platform upgrades boost Gulf of Suez field
Egyptian marine and offshore services provider Petroleum Marine Services (PMS) has brought to an end a major development project in Egypt’s Gulf of Suez, including the installation of an 18-kilometer gas pipeline and upgrades to the asset’s offshore platform, strengthening infrastructure at an offsh

Dolphin Drilling: GHL cash-and-rig proposal ‘encouraging’ but settlement offer falls short
Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh-environment mid-water and deepwater semi-submersible drilling rigs, has received a proposal from Lagos-based General Hydrocarbons Limited (GHL) to resolve their long-running arbitration dispute through a

Jan De Nul makes its entrance into CCS market with North Sea pipeline project
Jan De Nul is entering the carbon capture and storage (CCS) market, with offshore rock installation works that one of its vessels is carrying out for the Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, in relation to a development described as the UK’s first o

Floatel’s 2016-built semi-submersible vessel lines up Brazilian job
Floatel International, an offshore accommodation provider, has secured a new assignment for its ten-year-old semi-submersible accommodation and construction support vessel with an undisclosed company off the coast of Brazil.

PTTEP, Petronas’ 35-year gas deals bolster Thailand-Malaysia energy security axis
Thailand’s state-owned upstream oil and gas company PTTEP and Malaysia’s national energy company Petronas have signed multi-year production-sharing and gas sales agreements for an offshore development in the Malaysia-Thailand Joint Development Area (MTJA), strengthening the two countries’ long-term

Well-Safe and NMC Energy join forces for North Sea decommissioning push
Aberdeen-based decommissioning services provider Well-Safe Solutions has strengthened its decommissioning offering through a strategic partnership with NMC Energy, combining their subsea, platform interface, and well lifecycle expertise to support major North Sea projects.

Jadestone steps up production restart and development activity across Asia-Pacific
AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy is making progress on production restart and development plans across its Asia-Pacific offshore portfolio, with two Australian fields targeted to resume output and a recommended floating production, storage, and offloading (F

Omega Subsea expands Western Norway operations with new Hilleren base
Norway-based Omega Subsea, which provides remotely operated vehicle (ROV), survey, and subsea services to the offshore industry, has struck a deal with Bergen’s Hilleren Navy Supply Park, a subsea-focused maritime and defence cluster near Haakonsvern, to establish a new operational base at the site,

Seatrium set for back-to-back FPSO sailaways as duo heads to Petrobras’ Brazilian field within weeks
Singapore-based offshore and marine engineering company Seatrium is poised to achieve what it describes as an industry first with the dual sailaway of two giant floating production, storage, and offloading (FPSO) units, which are slated to depart its Singapore yard within weeks of each other and emb

American Bureau of Shipping subsidiary hit with $59.4M Cotemar claim in New York after two court losses
Mexican offshore services company Cotemar has launched an enforcement action in New York seeking $59.4 million from ABSG Consulting, a U.S. government contractor and subsidiary of American Bureau of Shipping (ABS), after two court victories in Mexico ordering ABSG to pay for work completed more than