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Business & Finance

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Borgland Dolphin drilling rig; Source: Dolphin Drilling
Business & Finance

Dolphin Drilling’s 1977-built rig gets hold of new multi-year gig

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 won a potential long-term job with an undisclosed oil and gas player for one of its semi-submersible rigs.

about 6 months ago
Blythe platform; Source: IOG
Business & Finance

Perenco enlarges its Southern North Sea asset arsenal

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Perenco UK (PUK), part of Anglo-French oil and gas player Perenco, has augmented its portfolio in the Southern North Sea, with the acquisition of two licenses on the UK Continental Shelf (UKCS).

about 6 months ago
TGS wins third offshore wind contract for summer season in Europe
Business & Finance

TGS wins third offshore wind contract for summer season in Europe

Norwegian energy data and intelligence company TGS has won another contract to deploy its seismic vessel Ramform Vanguard for an offshore wind site characterization campaign in Europe. Under the contract that has a duration of approximately one and a half months, Ramform Vanguard will commence data

about 6 months ago
Fenris topside sails from Aker Solutions' yard in Verdal; Source: Aker BP
Business & Finance

WATCH: Aker BP making inroads at North Sea oil & gas projects

Norwegian oil and gas player Aker BP has progressed the development of its projects on the Norwegian Continental Shelf (NCS).

about 6 months ago
Illustration; Source: Next Geosolutions
Business & Finance

Under €28M contract, NextGeo to survey cable route for new Italian interconnection

Terna, Italy’s national grid operator, has awarded Next Geosolutions (NextGeo) with a contract valued at over €28 million for preliminary marine survey and environmental characterization services for a new high-voltage direct current (HVDC) interconnector that will link Lazio and Lombardy. NextGeo w

about 6 months ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies combines strengths with TPAO for oil & gas exploration ops

France-headquartered energy giant TotalEnergies is pooling resources with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to embark on hydrocarbon exploration activities.

about 6 months ago
First ROVs deployed from Boskalis’ new remote operations center
Business & Finance

First ROVs deployed from Boskalis’ new remote operations center

Boskalis has marked a milestone from its Remote Operations Center (ROC) in Aberdeen, Scotland, with the first deployment of remotely operated vehicles (ROVs) from the new facility. During the test phase, ROVs underwent a week of intensive trials from Boskalis’ construction support vessel (CSV) BOKA

about 6 months ago
Illustration; Source: Baker Hughes
Business & Finance

Baker Hughes hauls in $1.45 billion for sale of Waygate Technologies

U.S.-headquartered energy technology giant Baker Hughes has struck a deal to offload Waygate Technologies, part of its Industrial & Energy Technology (IET) segment, to Stockholm-headquartered Hexagon, a measurement technologies player.

about 6 months ago
Europe’s cross-border hydrogen network gets a leg up with Dutch and Belgian infrastructure link
Business & Finance

Europe’s cross-border hydrogen network gets a leg up with Dutch and Belgian infrastructure link

Hynetwork, a subsidiary of the Netherlands-based Gasunie, and its Belgian counterpart Fluxys have embarked on a quest for a cross-border hydrogen connection, enabling the Netherlands and Belgium to plug into shared lower-emission power.

about 6 months ago
A man seen from behind looking at the sea
Business & Finance

CB&I all done with acquisition of Petrofac’s Asset Solutions business

CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has expanded its service offering with the purchase of Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning

about 6 months ago
Marvel Swallow LNG tanker; Source: Elenger
Business & Finance

European firm lines up five LNG cargos to up gas storage ante

Elenger, Finland’s privately owned energy company by Infortar, has set the wheels in motion to get ready for the next heating season by securing five liquefied natural gas (LNG) cargoes this spring.

about 6 months ago
Beryl Alpha in North Sea; Source: APA
Business & Finance

250 North Sea workers to reap benefits from UK union recognition deal

The offshore workers’ voices on the UK Continental Shelf (UKCS) are set to be amplified as Unite, described as Britain’s largest offshore trade union, has secured a new recognition agreement with Apache, a North Sea operator.

about 6 months ago
EnQuest
Business & Finance

Multimillion-dollar fine for EnQuest over 33 idle wells as UK cracks down on decom inactivity

Great Britain’s regulator, North Sea Transition Authority (NSTA), has hit London Stock Exchange-listed energy player EnQuest with a penalty over decommissioning failures related to 33 inactive wells.

about 6 months ago
Aker BP gets the all-clear to use Maersk rig on North Sea field
Business & Finance

Go-ahead for Aker BP to use accommodation facility at North Sea field

The Norwegian offshore safety regulator has given its blessing to Aker BP to deploy Macro Offshore Management’s mobile living quarters facility at a field in the North Sea off the coast of Norway.

about 6 months ago