Business & Finance
Siem Offshore picks new chief financial officer
Offshore vessel owner Siem Offshore has named a new chief financial officer of the company, effective from 1 August 2021.
Petrofac gets three-year gig in Southern North Sea
Petrofac has won a three-year contract with ONEgas, a cross-border asset between Shell UK and the Nederlandse Aardolie Maatschappij.
FUELSAVE tech deployed on Seadrill drillship to cut emissions in decarbonisation push
FUELSAVE will deploy its combustion conditioning tech to reduce primary fuel oil consumption and cut emissions following a contract with Seadrill.
Saipem seals floating wind deal
Italy’s Saipem has finalized the closing of the agreement to acquire the floating offshore wind business of France’s Naval Energies. Saipem and Naval Energies, a subsidiary of France’s Naval Group, signed an agreement for the acquisition in early June. The two parties have now communicated that all
More Covid-19 cases identified amid outbreak at Shell’s North Sea hub
The number of positive Covid-19 cases and close contacts on Shell’s Shearwater field in the UK North Sea has increased since last week.
TotalEnergies and GIP in Gladstone LNG agreement
France’s TotalEnergies has wrapped up a transaction with Global Infrastructure Partners (GIP) regarding the downstream facilities of the Gladstone LNG project in Australia.
WavEC and OceanPixel sign marine energy MoU
WavEC and Singaporean spin-off company OceanPixel have signed a memorandum of understanding (MoU) to encourage knowledge sharing on marine renewable energy technology and projects, amongst others. The aim of the agreement is to seek opportunities related to marine energy development in Europe and So
Kistos awaits Borr rig to kick off Dutch drilling campaign
Kistos is preparing for a drilling campaign in the Netherlands, which will include an appraisal, a flow test, a sidetrack and a re-perforation.
Stena comes to Concordia Maritime’s rescue
Having been faced with financial headwinds, Swedish tanker shipping company Concordia Maritime will receive a helping hand from its parent company Stena.
World’s most compact 6,000 meters rated sonar comes to market
UK’s Impact Subsea has launched what is said to be the world’s most compact 6,000 meters depth-rated imaging sonar. The new addition to the ISS360 range of sonars provides a full 360° field of vision, 80 meters range capability and high-resolution imagery using CHIRP-based signaling, Impact Subsea s
ADNOC, Honeywell, Sasol, Wood join Hydrogen Council
Abu Dhabi National Oil Company (ADNOC), Honeywell, Sasol, and Wood have joined the Hydrogen Council along with ten more companies – two of which are new investors.
NEO Energy’s portfolio of assets grows following Zennor takeover
NEO Energy has completed its acquisition of Zennor Petroleum, solidifying its position among the largest oil and gas producers in the UKCS.
Serica upbeat over Columbus well results ahead of tie-in
Serica Energy has achieved successful flow test results from the Columbus development well and will tie the subsea wellhead to the Arran field.
Bristow scores extensions from Equinor, Shell, Neptune
Houston-based offshore helicopter operator Bristow Group has won four separate two-year contract extensions through April 2024 with Equinor, Shell, and Neptune.