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Business & Finance

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FPSO Guanabara working on the Mero field off Brazil; Source: MODEC
Business & Finance

Shell and Petrobras forge stronger ties seeking new exploration and decarbonisation opportunities

Shell and Petrobras have joined forces to embark on a quest to unlock new upstream and energy transition opportunities.

about 3 years ago
Cygnus field in the UK North Sea (for illustration purposes); Source: Neptune Energy
Business & Finance

Pushing for cleaner oil & gas production pays off, as UK North Sea flaring gets halved

UK’s regulator North Sea Transition Authority (NSTA) says flaring has been cut in half, following four consecutive years of reductions.

about 3 years ago
IMCA takes measures in response to increase in false ROV training certificates
Business & Finance

IMCA takes measures in response to increase in false ROV training certificates

International Marine Contractors Association (IMCA) has launched a new approval process for remotely operated vehicle (ROV) introductory training courses due to an increase in false certificates. IMCA reported on 9 March that it had introduced a new scheme to address the safety concerns of this unau

about 3 years ago
Gasgrid reduces number of planned LNG import slots at Inkoo terminal
Business & Finance

Gasgrid reduces number of planned LNG import slots at Inkoo terminal

Finnish transmission system operator Gasgrid Finland has reduced the total number of planned LNG import slots at the country’s first FSRU-based terminal for Q2 and Q3 2023. Finland’s floating LNG terminal is located in the port of Inkoo where Excelerate Energy’s floating storage and regasification u

about 3 years ago
James Fisher and Østensjø Rederi ink seasonal vessel charter agreement
Business & Finance

James Fisher and Østensjø Rederi ink seasonal vessel charter agreement

UK’s James Fisher Subtech (JF Subtech) has signed a seasonal charter agreement with Norwegian vessel operator Østensjø Rederi for the exclusive use of its inspection, repair and maintenance (IRM) and construction vessel. The agreement will see the Edda Savanah mobilized in April for work in the Nort

about 3 years ago
Viking Princess PSV; Source: Eidesvik
Business & Finance

Wintershall Dea gives more work to Eidesvik PSV

Eidesvik has secured a contract extension for one of its PSVs with Wintershall Dea, enabling the vessel to continue working off Norway.

about 3 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Business & Finance

Dolphin Drilling’s semi-sub rig lands another gig off Nigeria

Offshore drilling contractor Dolphin Drilling has inked another deal for a semi-submersible rig, which will extend the rig’s backlog offshore Nigeria.

about 3 years ago
DEME subsidiary charters 50-meter-long Mainport Geo
Business & Finance

Following growing offshore wind demand, DEME subsidiary charters Mainport Geo

DEME Group’s subsidiary G-tec has signed a multi-year charter agreement with Irish Mainport Holdings for its DP2 survey vessel Mainport Geo, following growing demand from the offshore wind industry. G-tec said that the new vessel will enable it to further enhance its site investigation techniques. T

about 3 years ago
Illustration; Source: North Sea Transition Authority
Business & Finance

Instead of killing ‘the golden goose,’ UK politicians urged to work with oil & gas industry for balanced transition

The North Sea Chapter of the International Association of Drilling Contractors (IADC) has urged politicians to maintain focus to avoid ‘economic adversity’ for the UK.

about 3 years ago
Africa Oil Corp.
Business & Finance

New report about resources in 24 prospects off South Africa sees the light of day

An independent review of Africa Oil’s prospective resources in a block in the Orange Basin off South Africa has been completed by RISC.

about 3 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

History written offshore Denmark: First CO2 storage in the North Sea

INEOS and Wintershall Dea marked a major milestone and a world first on 8 March with the first-ever injection of CO2 in the North Sea as part of Project Greensand. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in

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

Two North Sea wells lined up for Equinor

Equinor has secured a drilling permit from the country’s authorities for two wells in the North Sea off Norway.

about 3 years ago
Shelf Drilling Scepter rig; Source: Shelf Drilling
Business & Finance

Shelf Drilling jack-up rig gets long-term gig off Nigeria

Shelf Drilling has secured a long-term contract for one of its jack-up rigs with an undisclosed company for operations offshore Nigeria.

about 3 years ago
Kraken Robotics and N-Sea working together in the North Sea
Business & Finance

Kraken Robotics and N-Sea working together in the North Sea

Kraken Robotics is set to support N-Sea with cable burial survey services during cable inspection and remedial burial campaign for an interconnecting power cable asset in the North Sea. Kraken Robotics has mobilized its 3D acoustic Sub-Bottom Imager (SBI) survey sensor to a vessel under the control

about 3 years ago
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