Business & Finance
Chevron and partners prepare investment for Aphrodite gas field as Cyprus and Israel push for swift resolution of reservoir dispute
Oil major Chevron and its partners in the Aphrodite gas field off Cyprus have allocated funds for the drilling of an appraisal well and other development costs for the project.
Aker BP picks compatriot firm for oil spill monitoring system
Norway’s oil and gas company Aker BP has selected compatriot technology supplier Vissim to develop an expanded digital platform for future oil spill monitoring and detection system on the Norwegian continental shelf. Vissim will develop a software solution that integrates input from a number of diff
Modus and Equinor ink first-ever resident subsea drone contract
UK’s Modus Subsea Services has secured what is said to be the first-ever resident subsea drone contract with Equinor for the provision of subsea intervention drone missions at the Johan Sverdrup field offshore Norway. The scope covers underwater intervention drone operations for the Johan Sverdrup f
Renewables associations call for removal of Innovation Fund’s ‘administrative barrier’
Ocean Energy Europe, along with 10 other renewable energy industry bodies, has sent a joint letter to European Commission, arguing that the Innovation Fund’s third call must recognize the full decarbonization potential of renewables.
McDermott gets its first subsea project in Angola
McDermott International has been awarded a contract by TotalEnergies for work on its Begonia project in Angola.
World’s largest offshore wind farm first to use low-carbon copper for HVDC cables
NKT is set to produce the HVDC power cables for the Dogger Bank C offshore wind project using low-carbon copper, representing the world’s first. The initiative is expected to reduce the carbon footprint of the cables by more than 35 per cent. The low-carbon copper cathodes are sourced from the Bolid
PXGEO 2 arrives in North Sea after Egypt assignment
Seismic vessel PXGEO 2 has begun a 3D project in the North Sea following the completion of an eight-month assignment offshore Egypt. PXGEO 2 is operating on a high-resolution 3D project in the North Sea, which came after the completion of a towed streamer project for TGS in the Egyptian Red Sea. On
UK decom specialist scoops up cross-border campaign for over 20 wells in North Sea
Neptune Energy has hired Well-Safe Solutions to undertake a decommissioning campaign in the Dutch and UK sectors of the North Sea.
Stena rig days away from spudding North Sea well in search of more hydrocarbons
UK-headquartered i3 Energy is gearing up to start drilling an appraisal well this week in the North Sea with a Stena Drilling-owned rig.
More North Sea work for Deepsea Yantai rig
OMV Norge has contracted the Deepsea Yantai semi-submersible rig for drilling operations in the North Sea.
Jack-up rig kicks off Black Sea drilling campaign
Following delays, Trillion Energy has started its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea offshore Türkiye.
Contractor picked to recycle Tyra jackets over coming weeks
Modern American Recycling Services Europe (M.A.R.S.) has been tasked with the recycling of two jackets for the Tyra redevelopment project.
GTT takes minority stake in Norwegian startup
French LNG containment specialist GTT has taken a minority stake in the Norwegian technology start-up Tunable, specialised in multi-gas and emissions analyser.
Marine surveys full steam ahead at second Malta-Italy link
Fugro has completed the geophysical analysis of the proposed seabed route of the second Malta-Italy interconnector. The activities, completed last week, took place between Baħar iċ-Ċagħaq, Malta, and Ragusa, Sicily, and were executed on board the 60-meter survey vessel Urbano Monti. This preliminary