Business & Finance

Self-isolation for workers on North Cormorant platform due to Covid-19 cases
TAQA has flown some of its workers from the North Cormorant platform to shore while others are waiting to be evacuated.

SBM’s new Fast4Ward FPSO hull launched in Chinese yard
Chinese shipyard SWS has launched a hull of the latest FPSO of a Fast4Ward design being built for Dutch provider SBM Offshore.

BGP buys Sercel’s new seabed nodal solution
Sercel, CGG’s seismic equipment business, has made its first major sale of the recently launched GPR300 seabed nodal solution to geophysical services provider BGP. The sale includes 18,000 nodes that will be deployed in Q4 2021 on a large-scale, long-term, multi-vessel operation in the Middle East r

DeepOcean buys into marine minerals exploration and extraction firm
Subsea services player DeepOcean is acquiring a majority stake in marine minerals exploration and extraction company ADEPTH Minerals. DeepOcean reported it had signed an agreement to invest in the Norwegian company, which will continue to operate as a standalone company and brand. According to DeepO

Call for more action on UK’s net-zero skills strategy to avoid oil & gas workers being left stranded
The Energy Institute has revealed that the UK’s net-zero strategy must assemble a mass skilled workforce, but action is pressing.

In focus: Bridging the gaps in hydrogen technologies
A collection of energy transition-related updates across the industry was heavily focused on hydrogen and its role in reaching net-zero goals.

More days added to Prosafe unit operating at Buzzard
Prosafe has been awarded more work for one of its units for operations on the CNOOC Petroleum-operated asset off the UK.

Eni applies to $1.4 billion UK CCS development fund
Italian oil major Eni has applied to a UK Government tender process for funds for the development of carbon capture and storage projects.

Spain sets plans to deliver up to 60MW of marine energy and 3GW of floating wind by 2030
Spain has unveiled plans to develop up to 60MW of marine energy and up to 3GW of floating offshore wind capacity by 2030 in a roadmap released by the country’s Ministry for the Ecological Transition and the Demographic Challenge.

SCF Group, TotalEnergies fix charter for two more LNG carrier newbuilds
Russian tanker owner SCF Group has received confirmation from TotalEnergies for an option for two 174,000-cbm LNG carriers. The vessels will be chartered for a period of up to seven years, operating within TotalEnergies global portfolio LNG trade under the technical management of Sovcomflot. The opt

Ineos, Petroineos to store 1 mln tonnes of CO2 at Acorn project by 2027
The Acorn Project partners – Storegga, Shell, and Harbour Energy – have signed a memorandum of understanding (MOU) with Ineos and Petroineos at Grangemouth to develop Scotland’s first carbon capture and storage system linking the industrial heartland to the Acorn CO2 transport and storage hub in by

Hyundai orders MAN’s ME-GA dual-fuel engines for 6 LNG carriers
South Korean Hyundai Heavy Industries’ Engine Machinery Division (HHI-EMD) has placed an order for two MAN Energy Solutions’s ME-GA dual-fuel engines to be installed on each of the six 174 000 cbm LNG carriers.

Offshore wind-to-hydrogen project launched in Ireland
A new project aiming to advance development of green hydrogen production powered by offshore wind has been launched in Ireland. The H-Wind project, led by UCC MaREI Research Centre, is being co-funded by Science Foundation Ireland and four industry partners: Gas Networks Ireland, DP Energy, ESB, and

Maersk rig gets more Martin Linge work
Maersk Drilling has secured an extended well intervention scope with Equinor off Norway for the low-emission rig Maersk Intrepid.