Business & Finance
Egypt to maximise gas production and LNG exports to Europe following deal with Eni
Italian oil and gas company Eni and Egypt’s EGAS have agreed for the latter to increase the production and supply to Europe.
Kongsberg Maritime to deliver first Reach Remote unmanned surface vessels
Reach Subsea has awarded Kongsberg Maritime with a contract for the delivery of the first two in a series of Reach Remote unmanned surface vessels (USVs), which will serve as mobile power banks, data centers and communication modules for remotely operated vessels (ROVs). The USVs will be dedicated t
Noble and Maersk expect to sell certain North Sea rigs to get merger clearance in UK
Noble Corp. and Maersk Drilling expect they will have to divest certain North Sea rigs to get merger clearance from the UK’s regulator.
XLCC picks German subsea cable test systems
XLCC has appointed Germany-based HIGHVOLT as the primary provider of test systems for the prequalification, type and routine testing of subsea cables. HIGHVOLT has also been engaged to deliver a consultancy service and corresponding supply agreement for the equipment required to fulfill the testing
Minesto outlines tidal array build-out plan to bolster energy transition of the Faroe Islands
Swedish marine energy developer Minesto has launched a detailed plan for large-scale build-out of tidal energy arrays in the Faroe Islands that will help bring the island country closer to 100% renewable energy.
Gwynt Y Mor readies for export cable corridor survey following cable issues
The Gwynt Y Mor offshore wind farm in the UK is set to undergo a pre-construction survey of its export cable corridor, following a series of export cable issues. Titan Endeavour will carry out the work, starting around 15 April and scheduled to take up to 7 days, subject to weather conditions. The p
UK player restores North Sea well into production with temporary fix
IOG has restored production from the Blythe well in the UK sector of the North Sea, after implementing a temporary solution.
EnerMech nets two deals thanks to brand-new joint venture in Azerbaijan
EnerMech has won two contracts since entering a new JV with Oil & Gas Proserv, a Nobel Energy Group subsidiary in Azerbaijan.
French subsea cable repair vessels to sport DLM de-trenching grapnels
UK-based Dynamic Load Monitoring (DLM) has received an order from an undisclosed customer for two wheel de-trenching grapnels set to be deployed from subsea cable repair vessels in France. DLM designed a custom-built version suitable to penetrate 1.8 meters into the seabed, significantly more than t
PetroNor chairman suspect in ongoing corruption investigations
PetroNor is undertaking remediation steps in the midst of ongoing investigations into some of its workers facing allegations of corruption.
Fugro gets call for 3 GW offshore wind sites in the UK
Fugro has won a contract with BP and EnBW to carry out a geotechnical site investigation campaign at the Morgan and Mona offshore wind projects in the Irish Sea. Fieldwork will run from May to September at the site located approximately 30 kilometers off the coast of North Wales and North West Engla
Equinor’s giant new FPSO Johan Castberg reaches Norway
Last Friday, the hull for the Johan Castberg FPSO vessel arrived in Norway following a journey from a shipyard in Singapore.
Eco Wave Power inks deal for 2MW wave power plant in Spain
Swedish-Israeli company Eco Wave Power has signed an agreement with Port Adriano in Spain for the potential construction of a wave energy power plant of up to 2MW.
Maersk rig booked for 31-well campaign in North Sea
Maersk Drilling has secured a 19-month P&A contract through a rig sharing agreement between TotalEnergies and Petrogas.