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Business & Finance

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ADNOC
Business & Finance

ADNOC turns to drones to slash emissions and ‘future-proof’ onshore & offshore ops

ADNOC has joined forces with EDGE to deploy UAE-made drones across its onshore and offshore operations to curb its emission footprint.

about 3 years ago
Tommeliten A; Source: ConocoPhillips
Business & Finance

All-systems-go for ConocoPhillips to bring online cross-border North Sea project

Norwegian authorities have given their blessing for the start-up of the ConocoPhillips-operated cross-border field in the North Sea.

about 3 years ago
HMD
Business & Finance

Gunvor and Solvang form JV, order five carbon capture-ready VLGCs

Geneva-based energy trading firm Gunvor Group and Norwegian shipping company Solvang ASA have formed a joint venture to own and operate next-generation eco-vessels for the liquefied petroleum gas (LPG) market. The joint venture has placed an order for five very large gas carrier (VLGC) newbuilds wit

about 3 years ago
China's first subsea cable shuttle barge hits the water
Business & Finance

China’s first subsea cable shuttle barge hits the water

Chinese power cable specialist Orient Cable has held the launch ceremony for what is said to be China’s first dedicated long-range heavy subsea cable shuttle barge. The barge, named Dongfang Haigong 07 (DFHG 07), is designed to transport various types of subsea cables, including those for offshore w

about 3 years ago
Illustration; Source: ADNOC
Business & Finance

ADNOC sanctions giant gas development designed to run with net-zero CO2 emissions

ADNOC) has made a final investment decision and awarded of batch of contracts for a giant gas development, which aims to operate with net-zero carbon dioxide (CO2) emissions.

about 3 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business & Finance

Aker BP all-set to put Odfjell Drilling rig to work on two North Sea fields

Aker BP has received consent to use one of Odfjell Drilling’s rigs for production drilling on two fields located in the North Sea off Norway.

about 3 years ago
Argeo survey vessel to be upgraded as clients are requesting additional capability
Business & Finance

Argeo survey vessel to be upgraded as clients are requesting additional capability

Argeo’s subsea vessel Argeo Searcher is set to undergo an upgrade which will make it a “true” multipurpose inspection, maintenance and repair (IRM), greenfield survey vessel and mineral exploration vessel. The vessel upgrade will be carried out at Norway’s Fjellstrand this month and is fully finance

about 3 years ago
Illustration; Source: SLB
Business & Finance

SLB unveils ‘plug-and-play’ methane monitoring tool for oil & gas ops

SLB has launched a compact methane instrument, enabling continuous methane monitoring across oil and gas operations.

about 3 years ago
Illustration; Source: QatarEnergy
Business & Finance

BP, QatarEnergy, and Eni get their hands on new exploration block off Egypt

A consortium – comprising Qatar’s QatarEnergy, the UK’s BP, and Italy’s Eni – has been awarded a new exploration block offshore Egypt.

about 3 years ago
Arabia III jack-up rig; Source: Borr Drilling
Business & Finance

What’s happening with Borr Drilling’s rigs?

Offshore drilling contractor Borr Drilling has provided a contracting and activity update for five rigs in its fleet.

about 3 years ago
L to R: Jim Dollard, Patrik Möller and Sam Roch Perks with scaled CorPower Ocean’s wave energy device (Courtesy of ESB)
Business & Finance

ESB partners up with Simply Blue Group on 5MW wave energy project offshore Ireland

Blue economy developer Simply Blue Group and Ireland’s premier energy company ESB have partnered up to pool expertise and resources to deliver a pioneering 5MW wave energy farm, located close to the Co Clare coast in Ireland.

about 3 years ago
Adriatic LNG starts 2021 Open Season
Business & Finance

Report: ExxonMobil selling majority stake in Italy LNG terminal to BlackRock

U.S. energy major ExxonMobil has chosen compatriot investment company BlackRock as the potential buyer for its majority stake in Italy’s Adriatic liquefied natural gas (LNG) import terminal, according to Reuters. Reportedly, the stake sale drew interest from infrastructure funds and international gr

about 3 years ago
BW LPG
Business & Finance

BW LPG, ADNOC enter 1st LPG bunker supply deal in the Middle East

Singapore-based owner and operator of LPG vessels BW LPG has inked an agreement with UAE’s energy giant ADNOC for the supply of liquefied petroleum gas (LPG) as bunker fuel. BW LPG said that the deal marks a notable milestone as the Middle East’s first dedicated LPG bunker supply contract. The inaug

about 3 years ago
Ocean Patriot rig; Credit: Diamond Offshore
Business & Finance

Diamond Offshore rig embarks on its first North Sea gig with Repsol

Diamond Offshore’s semi-submersible rig has started its first assignment with Repsol in the UK sector of the North Sea.

about 3 years ago
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