Business & Finance
Solstad vessels hired to support North Sea drilling campaigns
Norwegian vessel owner Solstad Offshore has been awarded four platform supply vessel (PSV) contracts for work in the UK North Sea.
BP unveils hybrid model of working with option to work from home
Oil major BP is introducing a new hybrid model of working for staff who had previously been based in the office full-time.
Moby sues asset management firms over ‘unlawful takeover attempt’
Italian shipping company Moby S.p.A. has filed a lawsuit against a group of U.S. and European asset management firms claiming they engaged in a campaign to take over Moby. The lawsuit was filed on February 22, 2021, by Quinn Emanuel Urquhart & Sullivan, on behalf of Moby, in New York State Court in
Revamped training and safety centre launched in Aberdeen
Maersk Training has launched the first half of its refurbished Aberdeen safety and survival centre which has undergone a refurbishment.
SeaBird going public with Green Minerals
Seismic player SeaBird has applied for admission to trading for its wholly-owned subsidiary Green Minerals on Euronext Growth Oslo. As informed earlier, the move is part of a funding plan to raise minimum NOK 30 million from the issuance of new ordinary shares in the company, representing up to 25 p
Prime International buys Eni’s Pakistan assets
Italian oil and gas company Eni reached an agreement to sell its shares in its entities in Pakistan to Prime International Oil&Gas Company.
Eni could list stake in new retail-renewable spin-off
Italian oil and gas company Eni is looking to spin off a new combined retail and renewable energy business next year and sell a minority stake to further fund its energy transition plans.
Cairn sells stakes in two UK fields, buys Shell assets in Egypt
Cairn Energy has made two deals, one for the sale of its interests in two UK fields and the other for the purchase of Shell’s assets in Egypt.
Samsung to pay $411 million to Stena Drilling after losing rig dispute
Samsung Heavy will have to pay $411 million to rig owner Stena Drilling after losing a dispute related to the termination of a rig construction contract.
Chrysaor renews North Sea contract for Stork
Stork, a Fluor company, has been awarded a two-year contract extension by Chrysaor to deliver offshore integrated specialist asset integrity services in the UK. The company said on Monday it would continue to deliver an inclusive range of asset management solutions and capabilities to extend the off
NEO Energy pushes for further growth with fresh North Sea deal worth $625 million
NEO Energy has made a deal to acquire Zennor Petroleum for about $625 million, less than two weeks after announcing a deal with ExxonMobil.
Ancala to process gas from Lundin’s Solveig, Rolvsnes field
The operator of midstream oil and gas infrastructure assets in the North Sea Ancala Midstream has secured a life-of-field contract to transport and process gas from Lundin Energy’s Solveig field.
Erria to handle marine warranty surveys for Maersk Drilling’s rigs
Danish maritime services provider Erria and Maersk Drilling have entered into a three-year agreement related to marine warranty surveys for Maersk’s rigs.
New setup for TGS with energy transition focus
Oslo-listed seismic player TGS has appointed Jan Schoolmeesters as head of New Energy Solutions (NES) business unit, established to pursue opportunities related to the energy transition. In February this year, TGS launched New Energy Solutions (NES). In a statement back then, the company said it aim