Business & Finance
Scana company scores contract with ‘international subsea’ firm
Scana-owned PSW Technology has entered into an agreement with an undisclosed international subsea customer for deep-water blowout preventer (BOP) stack services.
Valaris builds on ‘contracting success’ from 2022 with new floater and jack-up deals in 2023
Valaris has revealed a robust performance during 4Q 2022 while kicking off 2023 with new contracts and extensions for its rig fleet.
IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions
Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.
DOF’s high-end subsea vessel to stay busy until 2025
DOF Subsea has received a contract extension from an undisclosed client for its subsea construction and equipment installation vessel Skandi Africa.
Seismic surveys for gas exploration offshore Greece reach finish line
A survey campaign exploring potential natural gas deposits has been completed over two areas in Greece’s exclusive economic zone (EEZ) in which ExxonMobil and Helleniq Energy hold licenses. Norway’s PGS carried out the 2D seismic surveys at the offshore areas deemed as West and Southwest of Crete. T
Enagás meets 2022 targets, boosts its 2030 strategic plan
Spanish energy company Enagás has announced that all its objectives set for 2022 have been achieved and the degree of execution of its 2022-2030 strategic plan is higher than expected. Enagás’ net profit on 31 December 2022 amounted to €375.8 million, exceeding the target for the year. The significa
Norway sees lower oil and higher gas output in January
Norway’s oil & gas output in January 2023 is lower than in December 2022, but the gas production is still higher than last year and NPD’s predictions.
Another electricity interconnector secures UK license
After granting three electricity interconnector licenses earlier this month, UK energy market regulator Ofgem has awarded another one, this time for a project that is set to link the UK and the Netherlands. A gas interconnector license was granted to NU-Link Interconnector UK Ltd on 9 February, auth
ZeroNorth acquires software platform for marine fuel suppliers
Technology company ZeroNorth, a digital spin-off of Maersk Tankers, has acquired Singapore-based platform for marine fuel suppliers BTS PTE Ltd. to support bunker suppliers to digitalise operations and reach decarbonisation goals. Under the agreement, ZeroNorth will acquire BTS’ flagship suite of se
Norwegian oil & gas firm all set to spud North Sea wildcat
Wellesley Petroleum has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.
DOF Subsea orders four new ROVs
Forum Energy Technologies (FET) has entered into an agreement with DOF Subsea for the delivery of four of its work-class remotely operated vehicles (ROVs).
Argeo Searcher ready for work after ‘rigorous’ conversion program
Argeo has completed a conversion and rigging program for Argeo Searcher, making the vessel ready to enter commercial autonomous underwater vehicle (AUV) operations. Following the “rigorous” conversion and shakedown program, Argeo Searcher is fully equipped with two SeaRaptor AUVs and can, with dual
ENGIE steps up its energy transition, targets renewables
French energy group ENGIE is moving to the second stage of its strategic plan, stepping up growth in the energy transition with an emphasis on renewables. The group said its 2021-23 strategic plan has been successfully executed and the time has come to move on to the second stage. ENGIE said its geo
Aker BP gets all-clear to drill North Sea prospect with Saipem rig
Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.