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Business & Finance

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Another drilling job in place for Deepsea Yantai semi-sub
Business & Finance

Another drilling job in place for Deepsea Yantai semi-sub

Odfjell Drilling has agreed on a contract for the use of the Deepsea Yantai semi-submersible rig for one well located in the Norwegian Sea, with further options. The company agreed on the contract with PGNiG Upstream Norway, part of Poland’s oil and gas company PGNiG, on behalf of CIMC Offshore. The

about 3 years ago
Greenlight for Equinor to undertake ops in North Sea with COSL Drilling’s rig
Business & Finance

Green light for Equinor to undertake ops in North Sea with COSL Drilling’s rig

Norwegian offshore safety regulator has given Equinor its consent to use a COSL Drilling-owned rig for drilling at a field in the North Sea.

about 3 years ago
Alaska’s latest lease sale shows ‘demand for Cook Inlet natural gas remains high’
Business & Finance

Alaska’s latest lease sale shows ‘demand for Cook Inlet natural gas remains high’

Oil & gas lease sales, held for acreage in Cook Inlet off Alaska, were welcomed by the government but came under fire from environmentalists.

about 3 years ago
TGS Ease of access to data is the key (Video)
Business & Finance

TGS: Ease of access to data is the key

Norwegian seismic player TGS, which has 40 years of experience in gathering data in the oil and gas sector, is making its way into renewables. Jaan Schoolmeesters, the company’s Executive Vice President, talks about how TGS is bringing approaches from oil and gas into the wind and other domains. Acc

about 3 years ago
Wind Hunter
Business & Finance

Wind Hunter: MOL to start building wind-sail-fitted hydrogen-producing ship in 2024

Japanese shipping major Mitsui O.S.K. Lines (MOL) plans to launch the construction of Wind Hunter, a hydrogen-producing vessel outfitted with multiple rigid sails, in 2024. The construction forms part of the company’s Wind Hunter project, which seeks new applications for hydrogen fuel and wind power

about 3 years ago
Stay in Angola prolonged for Shelf Drilling jack-up rig
Business & Finance

Shelf Drilling’s jack-up rig staying another year in Angola

Shelf Drilling has secured a contract extension for one of its jack-up rigs, which will continue carrying out operations in Angola.

about 3 years ago
Fourth Volstad vessel to feature NES battery system
Business & Finance

Fourth Volstad vessel to feature NES battery system

Volstad Maritime has awarded Norwegian Electric Systems (NES) with a contract for the delivery of a battery system for another subsea construction vessel. NES will provide the battery package and associated control system for battery charging to the Deep Cygnus in connection with a forthcoming vesse

about 3 years ago
OMV Yemen changing hands
Business & Finance

OMV Yemen changing hands

Zenith Energy Netherlands, part of Canadian oil and gas company Zenith Energy, has entered into a share purchase agreement (SPA) with Austria’s OMV Exploration and Production to acquire OMV Yemen. Under the SPA, Zenith Energy Netherlands will, subject to certain conditions, acquire 100 per cent of O

about 3 years ago
Yukikazu Myochin, President & CEO at “K” LINE
Business & Finance

K Line CEO: Installation of 1st Seawing completed

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has completed the installation of the first Seawing, an automated kite system that harnesses wind power, on a Capesize bulk carrier at the end of 2022. The installation was in line with the previously announced schedule, as K Line had been pla

about 3 years ago
First oil flows into jack-up rig after it gets new lease on life as MOPU
Business & Finance

First oil flows into jack-up rig after it gets new lease on life as MOPU

ONGC has welcomed the first oil flowing into a jack-up rig, which was recently converted into a mobile offshore production unit (MOPU).

about 3 years ago
More work for Shearwater with Petrobras
Business & Finance

More work for Shearwater with Brazilian oil and gas giant

Norway’s Shearwater GeoServices has won two contracts with Brazilian oil and gas giant Petrobras for 4D seismic surveys, which together add eight months to the company’s order book. Shearwater GeoServices will deliver 4D seismic surveys for the Jubarte and Tartaruga Verde fields in the Campos Basin

about 3 years ago
China Shipping Line
Business & Finance

China Shipowners’ Association joins ICS

China Shipowners’ Association (CSA) has become a full member of the International Chamber of Shipping (ICS) from 1 January 2023. The CSA will join the ICS Board, which oversees the policy positions ICS presents on behalf of shipowners worldwide with the shipping industry’s global regulators, includi

about 3 years ago
LOHC Storage Plant
Business & Finance

Vopak, Hydrogenious roll out hydrogen storage and transport JV

Dutch tank storage company Vopak has teamed up with Germany-based Hydrogenious LOHC Technologies to establish a joint venture specializing in hydrogen storage, transport, and supply. At the heart of the 50-50 joint venture named LOHC Logistix will be Hydrogenious’ Liquid Organic Hydrogen Carrier (LO

about 3 years ago
Shell and APA among winners for deepwater oil & gas exploration blocks off Uruguay
Business & Finance

Shell and APA among winners for deepwater oil & gas exploration blocks off Uruguay

Uruguay’s state-owned oil and gas company ANCAP has awarded two offshore blocks in the second instance of the 2022 Open Bidding Round.

about 3 years ago
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