Business & Finance
Petrofac lands extension for maintenance services in North Sea
Oilfield services provider Petrofac has secured a three-year contract extension for maintenance services from Serica Energy.
Extra five-well drilling gig for Maersk rig in North Sea
Maersk Drilling has secured five more wells with Petrogas for one of its rigs, which will carry out a drilling campaign off the Netherlands.
Shell CEO to step down at the end of 2022
Oil and gas major Shell plc has announced that Ben van Beurden will step down as CEO at the end of 2022 and that his successor will be Wael Sawan.
Allseas’ Pioneering Spirit taking remaining Tyra jackets to recycling yard – gallery
Allseas is in the process of completing its scope of work in the Tyra redevelopment project by delivering two jackets to a recycling yard.
Shearwater and WesternGeco sign multi-year seismic services agreement
Shearwater GeoServices has signed a multi-year global agreement with WesternGeco for geophysical data acquisition services, as well as secured a new contract offshore Australia. The agreement is said to enable access to Shearwater’s full range of acquisition technologies and global fleet of seismic
New partnership to drive ‘step-change for industrial digitalisation at scale’ for oil & gas sector
Schlumberger has joined forces with Cognite to deliver data-driven solutions for the global energy industry.
Norway gets offers for offshore licences from 26 oil & gas firms amid ‘significant interest’
Norway’s Ministry of Petroleum and Energy has received offers for production licences from 26 companies as part of APA 2022.
Rig equipment failure causes delays for HPHT well in North Sea
UK-based Serica Energy is frustrated after encountering technical issues on its North Eigg exploration well located in the North Sea.
Commercialization deal signed for first-ever wireless underwater ROV
Swiss underwater robotics company Hydromea and Scotland’s remote technology specialist Air Control Entech (ACE) have entered into a service partnership agreement to commercialize what is said to be the world’s first wireless remotely operated underwater vehicle (ROV) for inspections at offshore floa
UK firm flows first oil from North Sea field
UK-based oil and gas company Tailwind Energy has started production from its field in the UK Central North Sea ahead of schedule.
Two North Sea wildcat wells come up dry
Two oil and gas operators have completed the drilling of wildcat wells in the North Sea offshore Norway without finding hydrocarbons.
Sercel completes purchase of ION Geophysical’s software business
Sercel, the Sensing & Monitoring division of CGG, has completed the acquisition of ION Geophysical’s software business. The acquisition is said to enable Sercel to supplement its range of software and services and open further diversification opportunities in simultaneous marine operations. The soft
All systems go for Aker BP to deploy Maersk rig on North Sea field
Aker BP has received consent from Norway’s regulator to use one of Maersk Drilling’s rigs for drilling ops on a field in the North Sea.
Seaway 7 raising cash to finance newbuild vessels
Seaway 7, part of the Subsea7 Group, plans to raise $650 million through the issuance of new equity and debt, primarily to finance its two newbuild vessels, Seaway Alfa Lift and Seaway Ventus. Both vessels are anticipated to be delivered during 2023 and to enter operations in the first half of 2024.